RED HERRING AWARDS TICKETVALA.COM FOR THE 2008 RED HERRING ASIA 100

Award Recognizes the 100 “Most Promising” Asian Companies Driving the Future of Technology

Mumbai, December 09, 2008— Red Herring announced that Ticketvala.com, India’s largest bus ticketing platform, a website owned by Travis Internet is a winner of the Red Herring 100 Award, a selection of the 100 most innovative private technology companies based in Asia.

The Red Herring editorial board diligently surveyed the entrepreneurial scene throughout Asia and identified the top 100 out of more than 1,000 closely evaluated companies that are leading the next wave of innovation.

“Our winners and Finalists demonstrate that Asia is increasingly becoming a leader in innovation, contrary to common stereotypes,” said Joel Dreyfuss, editor-in-chief of Red Herring.” It was tough to choose just the top 100 finalists from such a large list of excellent contenders, and we are very happy with the quality of the companies we selected as finalists.”

According to Haranath Lokanadham, CEO and President at Ticketvala.com, “To win the Red Herring Asia Awards 2008 is a great honour for Ticketvala.com. We are glad our initiative to organise an online bus ticketing platform has risen to a new level and has been recognised. We look forward to excel in our services and provide the best our industry can offer.”

The 100 winning companies have been announced at the Red Herring Asia event in Hong Kong. The CEOs of the winning startups presented their innovative ideas and technologies to an audience of leading entrepreneurs, financiers, and corporate strategists at the event at the Hong Kong JW Marriott Hotel earlier this week. For the full list of Red Herring Asia winners please go to:

About Ticketvala.com
Ticketvala.com is the internet sales channel owned by Travis Internet Pvt. Ltd. launched in June 2007. Ticketvala.com offers travellers the convenience of online bus ticket booking across a vast all India network that extends from Jammu to Kerala. For more information, visit www.ticketvala.com

About Red Herring
Red Herring is a global media company, which unites 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. More information about Red Herring is available on the Internet at www.redherring.com.

Ticketvala.com Contact:
Ankita Chheda
Sr. Account Executive, The PRactice
Mobile: +91 9819521245
ankita {at} the-practice(.)net

Red Herring Contact:
Anam Alpenia
Red Herring, Inc.
Phone: 650-428-2900