SOURCE: Ribbit

January 09, 2008 08:01 ET

Ribbit Named Finalist for Two 2007 Crunchies Awards

Inaugural Award Recognizes the Year's Most Innovative Technical, Creative and Business Accomplishments of Key Start-Up Companies

MOUNTAIN VIEW, CA--(Marketwire - January 9, 2008) - Ribbit, Silicon Valley's first phone company, is pleased to announce that the company has been selected as a finalist for the 2007 Crunchies Awards, in the categories of Best New Start-Up of 2007 and Best Enterprise Start-Up. In December 2007, Ribbit came out of stealth mode to unveil the Ribbit SmartSwitch™, a disruptive new platform for developing telephony services and a new business model for serving the new global telephony market. Ribbit is one of five companies chosen in each category based on over 82,000 nominations from the internet community.

"Ribbit is delighted to be a finalist," said Ted Griggs, co-founder and CEO at Ribbit. "Telephony is ripe for innovation as users are beginning to expect more from their telephony services. With a strong platform and an active developer community, Ribbit is bringing rapid innovation to a stagnant industry. We're especially pleased about being selected for Best Enterprise Start-Up since it acknowledges the hard work we've been doing on our Ribbit for Salesforce solution."

The Crunchies Committee is comprised of industry pundits and top bloggers from the leading technology weblogs -- GigaOm, Read/WriteWeb, VentureBeat and TechCrunch. Award winners are decided by the final number of daily votes from the public internet community. The public voting period ends on Thursday, January 10, at 12:00 midnight Pacific Standard Time. To vote for Ribbit in one or both nominated categories, please visit Ribbit's home page at http://www.ribbit.com/, or visit The Crunchies main voting page at http://vote.crunchies.techcrunch.com/.

The 2007 Crunchies Awards is an inaugural competition and award ceremony to recognize and celebrate the most compelling startups, internet and technology innovations of the year. The Crunchies Awards is a collaboration project between GigaOm, Read/WriteWeb, VentureBeat and TechCrunch. The winning companies from all 20 categories will be announced live at the Awards Ceremony at the Herbst Theater in San Francisco on Friday, January 18. For more information, please visit http://crunchies.techcrunch.com/.

About Ribbit

Ribbit launched in December of 2007 as Silicon Valley's First Phone Company. Our mission is to "liberate voice from the device, and integrate it into the workflow of life, both business and personal." By providing a world-class telephone carrier infrastructure -- and the first open platform for Internet and voice developers -- we are helping to unleash innovation across the entire telephony marketplace, from the development of leading-edge consumer voice services to the integration of voice with the world's best business applications.

Ribbit headquarters are located in Mountain View, CA. Ribbit has received investment from Alsop-Louie Partners, Allegis Capital and KPG Ventures. For more information about Ribbit, please visit www.ribbit.com.

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