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Tejas Networks named a Red Herring 100 Asia Company

September 1, 2005, Bangalore, India

Tejas Networks, a leader in next-generation optical networking products, announced today that it has been named as one of the Red Herring 100 Private Companies of Asia.

“We are delighted to be selected amongst the winners of Red Herring 100 Asia. This is a great recognition for Tejas Networks, which is one of the first technology product companies from India. This award re-affirms our execution strategy of achieving significant success in a highly competitive Indian telecom market and then taking our packet-aware optical transport products to international markets,” said Sanjay Nayak, CEO & Managing Director, Tejas Networks India Limited.

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

Red Herring’s editorial staff rigorously evaluated more than 500 private companies through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy and dedication to research and development. Red Herring 100 Asia companies will be presenting their business model and strategy at the Red Herring 100 Asia Conference. The conference will take place September 5-7 at the Shangri-La Hotel in Shanghai, China.

About Red Herring

Red Herring is the weekly magazine technology entrepreneurs, investors and industry observers read to stay ahead of the curve and to be better informed about the global marketplace. Red Herring covers technology, innovation, financial strategies, important personalities and trends that are transforming the world of business with unique insight, opinion and forward-looking analysis. Readers turn to Red Herring for knowledge to make strategic decisions, build companies and create a competitive advantage for their businesses. Red Herring articles, blogs, research and event information can be found online at www.redherring.com.