August 24, 2006, Hyderabad – Ocimum Biosolutions announced today that it has been selected as a Red Herring 100 Asia Winner for 2006. The editorial board of Red Herring, which received about 600 submissions from companies throughout Asia, selected Ocimum as one Asia’s hottest technology startups after a stringent application review process of evaluating business models, analyzing profitability forecasts, assessing management teams and examining technology of the contending companies. Red Herring Asia covers markets such as Japan, South Korea, China, India, Singapore and Australia.

In a statement, Ms. Anuradha Acharya, CEO, Ocimum Biosolutions, said, “Red Herring is a very reputed magazine and we are proud to be part of this list of 100 technology startups in Asia. This award gives a boost to our culture of innovation and we will continue bringing innovative solutions to the life sciences industry.”

Ocimum Biosolutions is a Hyderabad-based life sciences R&D enabling company with competencies in Bioinformatics, LIMS, Microarrays, Oligonucleotide and Contract Research services. Ocimum’s innovative products have already won laurels from various prestigious institutions. Ocimum emerged as the winner of NASSCOM IT Innovation in India 2005 Award, Deloitte Technology Fast 50 India 2005 Program and also the Deloitte Technology Fast 500 Asia Pacific 2005 Program.

The winners will be invited to accept their award onstage at the opening celebration cocktail to be hosted at Red Herring 100 Asia Night on August 28 at 18:30, in the Four Seasons Hotel, Hong Kong.