BlueCat Networks Honored Among This Year's Most Promising Private Technology Ventures in Canada

C-Level Executives and Venture Capital Leaders Join for Second Annual Conference in Mont-Tremblant, Quebec, September 15-17

August 28 2008, Toronto, Ontario - Red Herring Magazine has named BlueCat Networks Inc. — the IPAM Intelligence™ company — a finalist for the "Red Herring Top 50 Canada" award, a prestigious list honoring this year’s most promising private technology ventures in Canada. The Red Herring editorial team used an intensely competitive process to select the most innovative companies from a pool of over 300, leaving 100 finalists vying for this prestigious award. The names of all 100 companies short-listed as finalists for the "Red Herring Top 50 Canada 2008" can be found online at: http://www.herringevents.com/canada08/Canada50.html.

For over 10 years, The “Red Herring 100” awards, open to private technology companies, are given to the top 100 tech companies, based upon technology innovation, management strength, market size, investor record, customer acquisition and financial health. Adding to the success of our yearly North America 100, Europe 100 and Asia 100 events, Red Herring Canada will provide an opportunity for the Top 50 companies to deliver their message at the Red Herring Canada Conference in Mont-Tremblant, Quebec, September 15-17, 2008. Throughout several months leading up to the announcement, hundreds of companies in the telecom, Web 2.0, software, hardware, biotech and energy related industries sent their submissions to qualify for the award.

The nominees are rigidly evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their ecosystem. This unique assessment of potential is measured by a review of the actual track record and standing of a company, allowing Red Herring to see past the “buzz” and make the list an invaluable instrument for discovering and advocating the greatest business opportunities in the industry.

“Receiving recognition in one’s own country holds a special space with us at BlueCat. This award is recognition that our success is attributed to attracting the brightest minds in the industry and bringing the most innovative products to market,” said Michael Hyatt, CEO & Co-Founder, BlueCat Networks Inc. He continued, “We are ecstatic that the work conducted by our people is shaping and defining next generation IPAM solutions. We continue to push the IPAM envelope with a winning combination of outstanding management, industry-leading technology and exceptional client care.”

About Red Herring

Red Herring is a global media company uniting the world's best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine; an online daily technology news service; technology newsletters, and major events for technology leaders around the globe. Red Herring provides an insider's access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. For more information, visit www.redherring.com.

Red Herring Conference Contacts:

Red Herring
1900 Alameda de Las Pulgas
San Mateo, CA 94403
Baptiste Soudan
Tel: + 1 650 428 2900 ext 538
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Jonathan Trepo
Tel: + 1 650 428 2900 ext 468
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BlueCat Networks, the IPAM Intelligence Company™, is a profitable, rapidly growing leading provider of enterprise-class IP Address Management (IPAM) platforms and secure DNS/DHCP network administration appliances. Today, thousands of BlueCat’s award-winning Proteus™ IPAM platforms and Adonis™ family of DNS/DHCP appliances have been successfully deployed to meet the rising IP management demands of government, military, financial services, retail and manufacturing organizations worldwide. Find out why more Fortune companies choose BlueCat solutions to gain complete, centralized Command and Control of their IP networks at www.bluecatnetworks.com.

©2009. BlueCat Networks, the BlueCat Networks logo, Proteus Enterprise IPAM Appliance, Proteus Enterprise IPAM Platform, Proteus IPAM Virtual Appliances, the Proteus logo, Adonis DNS/DHCP Server, Adonis DNS/DHCP Virtual Appliance, the Adonis logo, XHA, IPAM Intelligence, and IPAM, DNS & DHCP Go Virtual are trademarks of BlueCat Networks, Inc. Microsoft, Windows, and Active Directory are registered trademarks of Microsoft Corporation. Any product photos shown are for reference only and are subject to change without notice. All other product and company names are trademarks or registered trademarks of their respective holders.