D-SIMLAB Technologies Pte Ltd Selected as a 2010 Red Herring Global Top 100 Tech Startup

Singapore, 1 February 2011 - D-SIMLAB Technologies Pte Ltd (“D-SIMLAB”), the Singapore- headquartered leading provider of high-performance, simulation-based business analytics and process optimization solutions is one of the Top 100 Global winners for the prestigious Red Herring Award. Last month, D-SIMLAB was among the 200 companies short-listed by Red Herring. The shortlisted companies were put through strict evaluation process that included both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. Red Herring also complemented the assessment with a review of the track record and standing of startups relative to their sector peers. This allowed Red Herring to see past the “buzz” and confer the award to only the best companies in the league around the world.

Red Herring‘s Global Top 100 Award, which has been running since 1996, is awarded to leading private companies from North America, Europe, and Asia, in recognition of their successful innovations and technologies across their respective industries. Red Herring’s Global 100 list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Google, Skype,

Netscape, Salesforce.com, YouTube, eBay and many others would change the way we live and work.

“Choosing the best out of the previous three years was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed down our list from 1,200 potential companies to 200 finalists. Trying to get it down to 100 companies was a task upon itself. D-SIMLAB should be extremely proud of its achievement, the competition was difficult.”

Established in 2006 and incubated at Exploit Technologies, D-SIMLAB is a spin-off company from Singapore Institute of Manufacturing Technology founded by Dr. Peter Lendermann, Gan Boon Ping and Dr. Nirupam Julka. D-SIMLAB has been gaining significant traction in the Aerospace industry through D-SIMSPAIR, a software suite for managing component support contracts in a multi-airline, multi-station network. With a number of top players in the Aerospace industry as users, D-SIMSPAIR is on track to becoming the de-facto solution for components support contract design, management and execution. Also, D-SIMCON, the technology platform for optimizing semiconductor wafer fab operations is now undergoing multiple industrial implementations. D-SIMLAB is committed to provide high performance simulation-based business analytics and process optimization solutions for the asset-intensive industries that enable sustainable performance enhancements leading to sustainable savings. “The Red Herring award is another important milestone on our way to being recognised worldwide as a leader in simulation-based business analytics and process optimisation solutions,” said Peter Lendermann, Co-Founder and CEO of D-SIMLAB.

For media enquiries, please contact:

Dr Peter Lendermann D-SIMLAB Technologies Pte Ltd Mobile: +65 9856 5554 Email: peter@d-simlab.com

About D-SIMLAB Technologies Pte Ltd

D-SIMLAB Technologies is a leading provider of high-performance, simulation-based business analytics and process optimization solutions for the asset-intensive industries including aerospace, semiconductor manufacturing, and container terminal operations. Established in 2006 and incubated at Exploit Technologies, it is a spin-off company from Singapore Institute of Manufacturing Technology founded by Dr Peter Lendermann, Gan Boon Ping and Dr Nirupam Julka. D-SIMLAB’s present shareholders include Exploit Technologies Investments, Imprimatur Capital (UK) and Tan Gee Beng Pte Ltd (Singapore).

For more information, please visit www.d-simlab.com.

About Tan Gee Beng Pte Ltd (TGBPL)

TGBPL was incorporated in Singapore in 1967. TGBPL has subsidiaries in Singapore, Malaysia, China and New Zealand which are involved in diversified activities ranging from manufacturing, trading, property developments and property investments. Since early 2000s, TGBPL has also been active in investing in high technology industries. One of its subsidiaries, Smartflex Technology Pte Ltd, is now a leading independent contract manufacturer specialising in the assembly and testing services of smartcard IC modules and has won several awards. TGBPL has also invested in several software and high technology companies in the region.

About Exploit Technologies Pte Ltd

Exploit Technologies is the strategic marketing and commercialisation arm of the Agency for Science, Technology and Research (A*STAR). Its mission is to support A*STAR in transforming the economy through commercialising R&D. Exploit Technologies enhances the research output of A*STAR scientists by translating their inventions into marketable products or processes. Through licensing deals and spinoffs with industry partners, Exploit Technologies is a key driver of technology transfer in Singapore. It actively engages industry leaders and players to commercialise A*STAR's technologies and capabilities, bridging the gap from Mind to Market. Exploit Technologies’ charter is to identify, protect and exploit promising intellectual property (IP) created by A*STAR’s research institutes.

For more information, please visit www.exploit-tech.com.

About Imprimatur Capital Limited

Imprimatur Capital Limited is a London based international, operational, investment business focusing on early stage Intellectual Property (“IP”) equity. Imprimatur’s business model is founded upon long term relationships with key universities and research institutes working alongside them as a valued partner for the identification, evaluation and commercialisation of their technology. Imprimatur’s international perspective and network is a point of significant differentiation in the emerging IP equity investment domain. As an investor Imprimatur provides both principal investment capital and supporting services, working alongside founders and management to build high growth and high value businesses.

For more information, please visit www.impcap.com

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