BRNO, Czech Republic & MILLBURN, N.J. -- GRISOFT, the maker of award-winning AVG Anti-Virus, today announced that it is the recipient of the Red Herring 100 Europe Award. This award represents a selection of the 100 private companies based in the EMEA region that play a leading role in innovation and technology. GRISOFT was also the only company to win this year's award representing the Czech Republic.

Red Herring's lists of top private companies are an important part of the magazine's tradition of identifying new and innovative technology companies and entrepreneurs. Red Herring's 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.

"Market obstacles remain but our list shows that great companies are being created in Europe," said Red Herring editor-in-chief Joel Dreyfuss.

GRISOFT offers security software solutions, including its AVG Anti-Virus software that supports all major operating systems and platforms, for consumers, small businesses and mid- to large-sized enterprises. Today, more than 30 million users around the world rely on GRISOFT AVG products to protect their computers and networks.

"We are honoured to receive such a prestigious award and to be amongst the most innovative 100 companies," said Dennis Smith, Director of GRISOFT, Inc. "We believe this is further validation of our company's focus to help users protect against computer threats. GRISOFT has been a specialist in this area for the last 15 years with a very dedicated and growing user base."

About GRISOFT

www.grisoft.com

GRISOFT is a leading provider of antivirus, firewall protection and security solutions for consumers and SMEs. It is one of the fastest growing companies in the industry with more than 30 million users around the world that rely on GRISOFT AVG products to protect their computers and networks.

Established in 1991, GRISOFT employs some of the world's leading experts in antivirus software, specifically in the areas of virus analysis and detection, software development, and antivirus support. GRISOFT award-winning products are distributed globally through resellers and the Internet as well as via AVG Anti-Virus Software Development Kit (SDK) to interested partners.

About Red Herring

Red Herring, Inc., founded in 1993, is a media company whose mission is to cover innovation, technology, financing and entrepreneurial activity. Its staff of award-winning journalists tell readers what's first, what matters and, most importantly, why.

Red Herring is dedicated to thorough research, relevant metrics deep financial analysis, in-depth reporting, crisp writing and thoughtful debate. We are a skeptical, intelligent and trustworthy source of information in technology business. Our primary obligation is to provide the most relevant, honest and independent information and analysis to our audience, with the conviction that an exceptional editorial product is the best catalyst for success and the best way to serve our advertisers and investors. Our content is original, compelling and actionable for industry executives and entrepreneurs. A privately held company, Red Herring, Inc. is headquartered in Belmont, California. For more information visit www.redherring.com.