Mitsui & Co. Global Investment (MGI) - Venture Capital, Start-Up

NEWS 2006

[07/18/2006]

HelloSoft, Inc. Selected by AlwaysOn as AO100 Private Company Award Winner

Recognized for leadership in emerging technology

San Jose, CA - July 12, 2006 - HelloSoft, Inc., Leading the Mobile Convergence, today announced that it has been chosen by AlwaysOn as one of the Top 100 Private Company award winners. HelloSoft, Inc. was handpicked by the AlwaysOn editorial panel based on a set of five criteria - technology innovation, market potential, customer adoption, media buzz and investor value creation.

HelloSoft, Inc. and the AO100 will be honored as part of the AO2006: Stanford Summit, July 25-27, at the Frances C. Arrillaga Alumni Center on the Stanford University campus in Palo Alto, California. It will bring together successful entrepreneurs, business and political thought leaders, and top venture capitalists to spot trends and spark new ideas and initiatives.

The AO100 was selected from over 1,000 companies, peer-nominated by leading venture capitalists, investment bankers and industry analysts. The AO100 consists of private companies at all stages of development, from early to late stage.

HelloSoft has gained industry-wide recognition for creating and becoming the world’s leading provider of VoIP software and silicon solutions for mobile devices. HelloSoft enables mass deployment of low-cost, power-efficient, fully-featured multi-mode mobile devices by providing highly optimized RISC-based VoIP software and silicon solutions with superior voice quality, QoS, and efficient call switching specifically designed for next generation wireless end-points.

"The AO100 companies are driving the next wave of innovative technologies that are disrupting the old guard and shaping the new media landscape," said Tony Perkins, founder of AlwaysOn. "As ever, we were inundated with nominations from leading companies, and it’s heartening to know that tomorrow’s thought leaders and technology visionaries are already out there. My congratulations to each AO100 winner - these are the companies which we predict will have the greatest market traction, strongest innovation and most game-changing approaches this year."

"We are very pleased to be recognized by the AlwaysOn Network as one of the Top 100 Private Companies," said Krishna Yarlagadda, Hellosoft’s President and CEO. "HelloSoft has been working hard this past year to bring the highest quality standards for our customers and create a significant value to our partners and shareholders. This is the second year in a row for HelloSoft to win such a prestigious honor from AlwaysOn and this validates our ongoing success and market leadership."

A full list of all the AO100 companies can be found on the AlwaysOn website at:

http://stanfordsummit.goingon.com/permalink/post/866.

About HelloSoft

HelloSoft, Inc. is a leading provider of high-performance communications IP for next generation VoIP, WLAN, VoWLAN, and cellular devices and equipment. Established in 2002, HelloSoft licenses customizable Physical and MAC Layer, Networking Protocol IP and complete VoIP building blocks including Echo Cancellers, SIP, and codecs to semiconductor companies and OEMs for Voice-Over-Packet, Wireless LAN, and 2.5/3G Wireless. HelloSoft’s solutions are provided as a suite of integrated products which address next-generation mobile phones, personal digital assistants, IP phones, set-top boxes, game consoles, residential gateways, enterprise and SOHO gateways, WLAN access points, carrier-class media gateways, softswitches, and mobile base stations. HelloSoft strategic partners include Texas Instruments, Intel, ARM, MIPS. For further details, please visit www.hellosoft.com.

About AlwaysOn

HALWAYSON is transforming the communication business with its online blogging network; establishing it as a leader in the open media revolution. Borrowing on the underground blogging and social networking traditions, ALWAYSON (www.alwaysonnetwork.com) was launched in 2003. Today, ALWAYSON’S annual Summit @ Stanford and OnHollywood events, print "blogozine" and online services encourage direct collaboration between the global thought leaders and technology insiders whose ideas and innovations are shaping the always-on world.

For More information contact:

HelloSoft, Inc.
Rina McCord
+1 (408) 441-7110 x104
rina@hellosoft.com