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NeoAccel Named Red Herring 100 Asia Winner

Award Recognizes Michel Susai's NeoAccel as Most Promising Young Company for Innovation, Technology and Strategy

SAN JOSE, CA and MUMBAI, INDIA -- (MARKET WIRE) -- August 31, 2006 -- NeoAccel, a pioneering innovator of next-generation Internet security solutions, today announced that it has been named a Red Herring 100 Asia winner. With input from journalists based around the world and a host of leading international and Silicon Valley venture capitalists and other experts, the prestigious Red Herring award recognizes NeoAccel as a hot and most promising young company.

"Red Herring's recognition of NeoAccel validates our faith in our revolutionary SSL VPN-Plus product technology and its underlying ICAA architecture," said Michel Susai, Chairman and CEO of NeoAccel. "The Red Herring 100 Asia showcases a rapidly emerging young breed of highly collaborative global technology companies. On behalf of NeoAccel's India and U.S.-based team of world-class networking and security experts, I am proud to receive Red Herring's prestigious award."

NeoAccel's flagship product, SSL VPN-Plus™, is the only secure access platform to eliminate the barriers that have kept SSL VPNs from replacing IPSec VPNs. With SSL VPN-Plus, enterprise of all sizes and leading suppliers of firewalls and other edge-facing devices can overcome the performance, scalability and application-access constraints that limit conventional SSL VPNs. NeoAccel's patent-pending Intelligent Connection Acceleration Architecture™ (ICAA) enables full-application secure access with LAN-like performance for mobile users and wireless LANS without the complexities associated with IPSec VPNs.

Red Herring's editorial staff and a judging panel of VCs and other business and technology industry experts rigorously evaluated hundreds of 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. The Red Herring 100 Asia awards ceremony included a presentation from Chairman and CEO Michel Susai detailing NeoAccel's business model and strategy.

About NeoAccel

With the vision to "Secure Everything™" through secure access from anywhere to anything, NeoAccel is delivering a breakthrough in simplified, full-access SSL VPN technology. NeoAccel's SSL VPN-Plus™ enables more businesses to implement highly secure, scalable access with the native network performance of IPSec VPNs. NeoAccel was founded by Michel Susai, the founder and former chairman and CEO of NetScaler where he invented and pioneered the patented Request Switching technology that accelerates application delivery to handle the bulk of today's commercial Internet Web traffic. Powered by the company's patent-pending Intelligent Connection Acceleration Architecture™ (ICAA™) technology, NeoAccel's SSL VPN-Plus software platform overcomes the limitations that compel network managers and users to resort to cumbersome or insecure workarounds when faced with using conventional performance-limited Web security mechanisms. NeoAccel is headquartered in the Silicon Valley. Contact NeoAccel at www.neoaccel.com or info@neoaccel.com.

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.

NeoAccel, SSL VPN-Plus, Intelligent Connection Acceleration Architecture, ICAA and Secure Everything are trademarks of NeoAccel, Inc. All other names are or may be trademarks of their respective owners.

Contact Information:
Tanuja Abhinandan
Adfactors PR Pvt. Ltd.
+91 22 2287 1361
tanuja.abhinandan@adfactorspr.com

Frank Guerrero
NeoAccel
+1 408 274 8000
frank.guerrero@neoaccel.com