MOBIDIA SELECTED AS FINALIST FOR CANADA'S RED HERRING TOP 50 AWARD

2008 Red Herring Top 50 Award Finalists Announced

Vancouver, BC,   August 28, 2008

Mobidia is selected as one of the finalist in the "Communications" category for the Red Herring Canada Top 50 award. Finalists were uniquely assessed by a review of their actual track record on their quantitative and qualitative criteria, such as technology innovation, quality of management, financial performance and other metrics.

The Canada's Top 50 will be presented at the Red Herring Canada event on September 16, 2008.

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.

More information available here.


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.