22 May 2006

Vivisimo Named a Red Herring 100 Winner

Award Recognizes the 100 Private Technology Firms in North America Driving the Future of Technology

Pittsburgh, PA—Vivisimo (vivisimo.com) today announced that it has been selected as a winner of the annual "Red Herring 100 North America" award by Red Herring magazine. This list of 100 privately held companies in North America recognizes those that play a leading role in innovating the technology business. To view the full list, please visit www.redherring.com.

As one of the winners, Raul Valdes-Perez, CEO of Vivisimo, will present the company at the exclusive Red Herring Spring 2006 CEO summit, May 23-25, in Monterey, California, where a select group of 300 technology entrepreneurs, investors and corporate developers will gather to be the first to meet this elite group of companies.

"Given that we are not a traditional venture-backed company and we secured our initial funding from the National Science Foundation, we take a great deal of pride in being named to the Red Herring 100," said Valdes-Perez. "Vivisimo is focused on doing enterprise search right by combining a powerful backend that unlocks all of an organization's critical information sources and a simple, innovative front end that mirrors the best consumer search experience. The Red Herring 100 award is further validation of what more than 100 organizations already know—that the Vivisimo Velocity enterprise search platform is a truly disruptive technology."

Disruptive technologies and business plans

"With venture capital flowing again, we're seeing a lot of innovative new companies taking on the established players with disruptive technologies and innovative business plans," said Joel Dreyfuss, editor-in-chief of Red Herring. "Vivisimo and the other The Red Herring 100 North America companies are pushing and breaking the boundaries of the technology business, and we are excited to report on their success stories."

Vivisimo's enterprise search platform, Velocity, allows organizations to unlock information assets, including structured and unstructured data, presented to end-users in a way that allows them to see the big picture for a faster, but more thorough, exploration of search results. Purpose built for flexible, rapid deployments, Velocity is currently in use at more than 100 organizations in information-intensive industries, including government, publishing, education and life sciences. Vivisimo is also the developer of www.Clusty.com, a popular, full-featured consumer search site powered by Velocity.

More than just buzz

Red Herring's lists of top private companies are an important part of the renowned magazine's tradition of identifying new and innovative technology firms and entrepreneurs. Companies like Google and eBay were spotted in their early days by Red Herring editors as some that would change the way we live and work.

After receiving more than 1,000 submissions and nominations, Red Herring's editorial staff rigorously evaluated Vivisimo and the other contenders through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy, and dedication to research and development. The Red Herring 100 North America companies are at the forefront of the technologies that are changing our lives in profound ways.

Honoring the best

To honor the Red Herring 100 companies, Red Herring has invited their CEOs and founders to present at its Red Herring Spring 2006 conference, a forum for technology's most exciting companies, and to share their insights on the future of innovation and the entrepreneurial journey. Scheduled to take place at the Hyatt Regency Hotel in Monterey, this intimate, invitation-only conference will explore "The Pursuit of Disruption" and how it spawns unexpected opportunities, novel alliances and great success stories.

About Red Herring Spring 2006

Red Herring Spring 2006 will assemble 300 of the continent's most innovative and successful CEOs, investors and corporate developers and feature a dynamic group of over 100 speakers that are pushing and breaking the boundaries of the business of technology. Themed "The Pursuit of Disruption," it will be held May 23-25 in Monterey, California. Please contact Michael Felber at 650-428-2900 or email to request an invitation to attend the event.

About Red Herring Magazine

Red Herring magazine is a sophisticated insider's guide to the business of technology, featuring unparalleled insights on the emerging technologies driving the economy, from the Internet to wireless communications and digital entertainment. Red Herring's journalists report on how innovation and entrepreneurship are transforming business and how the business of technology is transforming the world, providing readers with a deep understanding of venture capital and capital markets. Recognized as an essential resource in today's fast-changing business world, Red Herring gets the right answers before anyone else even thinks to ask the questions. More information on Red Herring is available on the Internet at www.redherring.com.

About Vivisimo

Vivisimo does search right by combining the simplicity and innovation of consumer search with the flexibility and control of enterprise software. The company works with customers to understand their goals and quickly deploy solutions that maximize the business value of information—with an interface users love. Vivisimo serves its global client base through headquarters in Pittsburgh, PA, and Paris, France, and partners throughout the world. Please visit vivisimo.com to learn more about us and visit our Search Done Right blog to learn more about enterprise search.