PlayPhone CEO Ron Czerny to Present Company’s Business Strategy to Selection Committee

May 23 in Santa Monica, Calif

SAN JOSE, Calif., May 9, 2012 – PlayPhone®, Inc., a global leader in mobile social gaming, announced today it has been selected as a Finalist for Red Herring's Top 100 Americas award, a prestigious list honoring the year’s most promising private technology ventures from the North American business region.

The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across North America. The nominees are evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their respective industries.

This unique assessment of potential is complemented by a review of the actual track record and standing of a company, which allows Red Herring to see past the “buzz” and make the list a valuable instrument for discovering and advocating the greatest business opportunities in the industry.

"This year was very rewarding," said Alex Vieux, publisher and chairman, Red Herring. "There are so many great companies producing truly innovative and amazing products and technologies. We had a very difficult time narrowing the field and selecting the Finalists from such a group of future stars. PlayPhone shows great promise, therefore deserves to be on the short list. Now we are faced with the difficult task of selecting the Top 100 winners.”

“It is an honor for PlayPhone to be selected as a finalist for the 2012 Red Herring Top 100 Americas Award, particularly within the competitive mobile category,” said Ron Czerny, founder and CEO, PlayPhone, Inc.  “We have spent a significant portion of the last two years revamping our business to take advantage of the burgeoning social games market on smartphones and tablets.  Red Herring’s acknowledgement of our accomplishments is extremely gratifying to all of us at PlayPhone.”

Finalists for the 2012 edition of the Red Herring 100 Americas award are selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. During the several months leading up to the announcement, hundreds of companies in the security, Web 2.0, software, hardware, life sciences, cloud, mobile, and other sectors completed their submissions to qualify for the award.

The Finalists are asked to present their winning strategies at the Red Herring Americas Forum in Santa Monica, California, May 21-23, 2012. The Top 100 winners will be announced at a special awards ceremony the evening of May 23 at the event.

About PlayPhone, Inc.

PlayPhone® is a global leader in delivering mobile social gaming via smartphones and tablets through its cross-platform PlayPhone Social Gaming Network (PSGN).  With a presence in more than 25 countries throughout North America, Europe, Asia, and Latin America, PlayPhone’s mobile gaming platform provides developers with the ability to launch and monetize social games around the globe.  The PlayPhone developers program includes support for all leading platforms: Android, iOS, Adobe AIR, HTML5, WP7, with full support for Unity.  Based in San Jose, Calif., PlayPhone is funded by top venture firms Menlo Ventures, Cardinal Venture Capital, Coral Group, and Scale Venture Partners.

For more information on how to join the PlayPhone developers program, visit http://developer.playphone.com/. For PlayPhone, visit http://www.playphone.com, on Facebook at http://www.facebook.com/playphonegames, or follow us on Twitter @playphone.  


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