SOURCE: Ribbit

May 20, 2008 12:00 ET

Ribbit Selected as One of InfoWorld's Top 10 Tech Startups for 2008

Company Chosen as "Rising Star" for Telephony Innovation

MOUNTAIN VIEW, CA--(Marketwire - May 20, 2008) - Ribbit -- Silicon Valley's first phone company -- announced today that IDG's InfoWorld, the leading integrated media brand for IT decision makers, has selected it as one of InfoWorld's Top Tech Startups for 2008. The InfoWorld's Top Tech Startups special feature is available at www.infoworld.com/5264.

InfoWorld's Top Tech Startups of 2008 highlights 10 companies founded no earlier than 2005. The 10 companies were selected from more than 100 nominees on the basis of three criteria: the development of truly new technologies; innovative approaches within existing technology areas; and the application of technologies in new ways to solve different problems.

"InfoWorld's Top Tech Startups for 2008 is an honor roll of 10 young companies whose business-oriented technologies should be on your radar screen," said Eric Knorr, editor in chief of InfoWorld. "We've focused on the metric we at InfoWorld know best: great technology."

Ribbit is a platform for telephony innovation that also creates and markets consumer and enterprise voiceware applications. At DEMO 2008, Ribbit previewed Amphibian, the first of its voiceware applications that are beginning to transform the telephony market and bridge the gap between traditional telephony and the Web. Earlier this month, Ribbit for Salesforce, the first enterprise application to ever link mobile voice communications into salesforce.com workflow, was released to general availability, and has been enthusiastically received by the media and users alike.

"We're very happy to have stood out from an impressive pack of startups, and especially from some outstanding new mobile and telephony ventures that have entered the marketplace recently," said Ted Griggs, Ribbit CEO. "We're also pleased that InfoWorld's understanding of vertical application integration demonstrates the real world benefits that the convergence of voice into business workflow and productivity can bring."

"Voice automation is a game changer -- a 'new way to solve a problem,' as InfoWorld says. It's exciting for us to see how productivity changes when voice hits Web applications, and we're really glad that InfoWorld saw the power of this transformation."

About InfoWorld Media Group

InfoWorld Media Group helps IT Decision Makers choose the right technology, within the context of a cohesive strategy for business impact at their organizations. InfoWorld identifies and promotes emerging technology segments that add unique value for the organizations that implement them, as well as the vendors that provide those solutions. Using an integrated communications approach including online, events, research, and a continued investment in an independent Test Center, InfoWorld analysts and editors provide hands-on analysis and evaluation, as well as expert commentary on issues surrounding emerging technologies and products. Visit InfoWorld at http://www.infoworld.com.

About International Data Group

International Data Group (IDG) is the world's leading technology media, events, and research company. IDG's online network includes more than 450 web sites spanning business technology, consumer technology, digital entertainment and video games worldwide. IDG also publishes more than 300 magazines and newspapers in 85 countries. IDG's media brands include CIO, CSO, Computerworld, GamePro, InfoWorld, Macworld, Network World, and PC World. IDG's lead-generation service, IDG Connect, matches technology companies with an audience of engaged, high-quality IT professionals, influencers, and decision makers.

IDG is a leading producer of more than 750 technology-related events including Macworld Conference & Expo, LinuxWorld Conference & Expo, Entertainment for All Expo (E for All), DEMO, Storage Networking World, and IDC Directions. IDC, a subsidiary of IDG, is the premier global provider of market intelligence, advisory services, and events. Over 900 IDC analysts in more than 90 countries provide global, regional, and local expertise on technology and industry opportunities and trends.

Additional information about IDG, a privately held company, is available at http://www.idg.com.

About Ribbit

Ribbit is working with the best and brightest technology and business leaders to build 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, Peninsula Equity Partners, and KPG Ventures. For more information about Ribbit, please visit www.ribbit.com.

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