Red Herring reveals companies selected for the Red Herring 100 Europe 2007

Red Herring today announced that www.zubka.com is a recipient of Red Herring 100 Europe, an award given to the top 100 private technology companies based in the EMEA (Europe, Middle East and Africa) region each year.

ìThis yearís impressive list of winners demonstrates Europeís emergence as a major player in the global technology sector,î said Red Herring Editor-in-Chief, Joel Dreyfuss. ìThe exceptional accomplishments of European technology companies and entrepreneurs are a testament to the rapid advancements being made in building the European innovation ecosystem.î

Zubka, launched in September 2006, is unique in providing referral-based recruitment services where members match people they know to jobs in return for significant rewards. Unlike simplistic online job boards, Zubka, feted as the ëeBay for jobsí, evolves the process, charging significantly less than traditional recruiters and gives a significant percentage of recruitment fees to the referrer. Zubka has developed a truly new alternative to current recruitment methods as it gives hirers direct access personally-recommended, highly-relevant candidates, quickly and at around 1/3 of the cost of traditional recruitment methods.

David Shieldhouse, Co-Founder and CEO of Zubka says, ìto be a recipient of Red Herring 100 Europe is an enormous honour for us, particularly as the business is so relatively young. We believe that our success to date is based upon a truly tangible platform that taps into the most significant part of the recruitment process, the referral. We recently received significant investment in the business from Benchmark Capital that will further allow us to build both the product and the brand and as such we are looking to have a heightened global presence in the months to come. The Red Herring 100 Europe inclusion not only underlines our successes to date but also allows us to leverage global credibility from one of the most prestigious brands in the new media environment. We are very grateful to be included.î

Red Herringís lists of top private companies are an important part of the companyís tradition of identifying new and innovative technology companies and entrepreneurs. Companies like Google, eBay and Skype were spotted in their early days by Red Herring editors, and touted as leaders that would change the way we live and work.

Red Herringís editorial staff rigorously evaluated more than 700 private companies through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy, and dedication to research and development.

To honor the CEOs of Red Herring 100 Europe companies, Red Herring has invited each CEO to present his or her company at its Venture Market Europe (VME) 2007 event. Scheduled for March 25-27, at the Intercontinental Carlton, this intimate, three-day event is themed ìThe Pursuit of Disruptionî and will explore how European firms are leading the charge in many technology sectors, gaining the competitive advantage, and driving entrepreneurial success in ways that create business opportunities for challengers and incumbents alike.