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MOBIDIA RECEIVES RED HERRING TOP 50 AWARD

2008 Red Herring Top 50 Award Winners Announced

Vancouver, BC,   September 18, 2008


Mobidia, Inc., an innovative vendor of telecommunications data solutions, announced today that the global media company, Red Herring, has designated Mobidia as one of the most innovative and promising communication companies in Canada and provided Mobidia with a Top 50 Award. The award was presented on September 16th at the Red Herring Canada Conference in Mt. Tremblant, Quebec.

“We appreciate and are honored with the opportunity to be recognized by Red Herring”, said Derek Spratt, President and CEO. “With the inclusion of Mobidia on the Top 50 list within the communications category, Red Herring helps provide credibility and awareness of our innovative approach to monitoring, managing, and monetizing wireless broadband data streams. Our solutions make data networks more efficient and more profitable”

"This year showcased some of the most promising Canadian corporations," said Red Herring editor-in-chief Joel Dreyfuss. "Choosing the top 50 companies was incredibly difficult. The top 50 companies who were chosen this year should be proud, as competition was strong."

Red Herring's editorial staff rigorously evaluated the nominees on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy and other metrics. This unique assessment of potential is complemented by a review of the actual track record and standing of a company, allowing Red Herring to make the list an invaluable instrument for discovering and advocating the greatest business opportunities in the industry.

About Red Herring Canada Top 50
Red Herring Canada will host its annual Top 50 Awards, celebrating the most innovative and promising companies in Canada. Adding to the success of their yearly North America 100, Europe 100 and Global 100 events, Red Herring Canada will provide an opportunity for the nation's Top 50 companies to deliver their message to the top VCs and other participants throughout North America and abroad.

For more information on Red Herring Top 50 and view the complete list of finalist and this year’s winners, please visit www.herringevents.com/canada08/Canada50.html.


About Mobidia Technology Inc.

Mobidia develops software and solutions for enhancing mobile data networks. At the core of Mobidia's technology is a client-centric architecture that introduces network-edge intelligence to make mobile data networks more efficient, more profitable, and more usable. By leveraging the collective, distributed computing power of tens of millions of smartphones, Mobidia can increase network efficiency and enhance experiences for subscribers. In addition to offering a transport optimization solution, the My Data Manager consumer application, and subscriber-centric policy technology for managing mobile data, Mobidia provides a wide range of development services for developing and licensing custom mobile solutions.

Mobidia is headquartered in Vancouver, British Columbia with local U.S. and European presence. For more information, visit www.mobidia.com or call 604-304-8640.

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Mobidia is a service mark of Mobidia Technology, Inc.

Mobidia Technology, Inc.
Contact:
Chris Hill
VP of Sales and Marketing
Email: chris.hill@mobidia.com
Phone: +1 604.304.8640 Ext. 104

For all other inqueries about Mobidia Technology, Inc., please call +1 604 304 8640, fax +1 604 304 8615, or email via info@mobidia.com. For additional information, visit www.mobidia.com.