Gameshastra Named Finalist for the "Red Herring 100 Asia" Awards 2007

For Immediate Release

Hyderabad, India, August 13, 2007– Gameshastra, India’s largest Game Services provider announced today that it has been short-listed as one of the top 200 contenders for the prestigious Red Herring 100 Asia 2007 awards.

Red Herring 100 Asia is an exclusive event honoring 100 cutting-edge private technology companies from across the Asia-Pacific region. The event brings together an elite roster of entrepreneurial and global venture investment firms to showcase excellence in innovation. It features three days of keynote discussions, roundtable panels and intimate networking events designed for participants to make connections and learn what it takes to achieve the best in business and technology in Asia. The finalists and winning companies will be celebrated at the Red Herring 100 Asia event in Hong Kong, on August 29-31.

"The 200 finalists we selected from across 16 countries and regions are all excellent contenders," said Joel Dreyfuss, Editor-in-Chief of Red Herring. "They are exceptional companies who thrive on innovation and strongly define the important role of technology in Asia’s economy and throughout the world."

"It is an honor to achieve this recognition in just over two years of our operations”, Prakash Ahuja, CEO of Gameshastra, said.“Our goal as a company is to deliver significant value to our customers business by constantly delivering cutting edge technology services in game development, game testing, game art and animation. Gameshastra’s selection to the Red Herring 100 Asia finalist list is reflective of its consistent achievement and the rapid growth in demand for its services in the global core and casual game services market.”

The Red Herring editorial team selected the finalists through rigorous analysis of quantitative and qualitative criteria such as financial performance, technology innovation, quality of management, execution of strategy, and its integration into their ecosystems. The 200 finalists are based in 16 countries/regions including China, India, Japan, Singapore, Korea, Australia and Vietnam. The names of the 200 companies short-listed as finalists for the "Red Herring 100 Asia 2007" can be found online at http://www.herringevents.com/asia07/index.html

About Gameshastra

Game Shastra has been involved in game testing and related services for over two years, and have successfully handled the testing of numerous games for leading publishers and development houses globally. The company has opened a state-of-the-art Game Services center in Hyderabad to extend testing services for all the gaming platforms -- Consoles, Handheld, Mobiles and Online and offers testing -- Functionality, Compatibility, Game-play, Certification. Gameshastra develops games for the Wii, Xbox 360, PC, Mac, Web, PSP and Nintendo DS, and also provides game testing, game art and 3D animation services. For more information visit www.gameshastra.com

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 research, 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.

Media Contact for Gameshastra:

Muralidharan or Sheela

enRight Media Relations

Reach: +91 98851 09594 or +91 98498 09594

enright@enrightpr.com

Contact at Red Herring:

Maggie Xiao

Director, Red Herring APAC

650.585.3419

mxiao@redherring.com |

Media Contact Information and Accreditation:

Jenny Chong

Terpin Communication Inc. for Red Herring

Tel: + 1 310 821 6100 Ext. 103

Email: jenny@terpin.com


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