Club Intimate is a Finalist for the 2010 Red Herring 100 Asia Award

Melbourne, Australia – 25 October 2010 – Club Intimate announced today it has been selected as a Finalist for Red Herring’s top 100 Asia award, a prestigious list honouring the year’s most promising private technology ventures from the Asia business region.

“This is an amazing milestone for us. We are quite exited and humbled by this experience”, said Arshad Khan, Founder & CEO of Club Intimate. “This achievement further reinforces our resolve to continue to innovate and become a leading social dating service in 2011 and beyond”.

People are passionate about the things they do and it’s often hard to find people with whom they can share those passions, Club Intimate’s interactive features bring people together into communities of shared interests.

The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across Asia. The nominees are evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their respective industries.

This unique assessment of potential is complemented by a review of the actual track record and standing of a company, which allows Red Herring to see past the “buzz” and make the list an invaluable instrument for discovering and advocating the greatest business opportunities in the industry.

“This year was especially difficult,” said Alex Vieux, publisher and CEO of Red Herring. “Despite the global economic situation, there were many great companies producing really innovative and amazing products that we had a difficult time narrowing the pool and selecting the finalists. Club Intimate shows great promise therefore deserves to be among the Finalists. Now we’re faced with the difficult task of selecting the Winners of the Top 100 Asia Award.

Finalists for the award are selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. During the several months leading up to the announcement, hundreds of companies in the mobile, security, Web 2.0, software, hardware, biotech, and clean tech industries sent in their submissions to qualify for the award.

The Finalists are invited to present their winning strategies at the Red Herring Asia forum in Shanghai, November 15-16, 2010. The Top 100 winners will be announced at a special awards ceremony on November 16 at the event.

About Club Intimate
Club Intimate is a global social dating service that caters for people seeking serious or casual relationships or just looking to make some new friends. Club Intimate brings a fresh approach to online dating industry by combining traditional features with new interactive features of social networks providing better user experience.

Club Intimate currently operates localised websites in Australia, Canada, New Zealand, United Kingdom and United States.

About Red Herring
Red Herring is a global media company which unites the world’s best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe. Red Herring provides an insider’s access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. More information about Red Herring is available http://www.redherring.com.

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Arshad Khan

About Arshad Khan

Arshad Khan is an entrepreneur, a management consultant and a professional director. Arshad has extensive experience in Payments, eCommerce, Change Management, Social Web and Internet Technologies. Arshad is the founder and CEO of Club Intimate, a Social Dating service. Club Intimate brings a fresh approach to online dating industry by combining traditional features with new interactive features of social networks, providing better user experience. As a founding director of Channel321, Arshad undertook various business and technology related projects. He focuses on value creation and over the years has provided advisory services to the management of Australia’s best-known companies on the issues that impact their performance and long-term value. Arshad is the Founder & Managing Director of Treats4us, a start-up social commerce company. Arshad is a graduate of the Australian Institute of Company Directors (GAICD), fully equipped in bringing best practices to the role of the board and the practice of directorship. Expertise include strategy formulation, governance, legal, compliance and risk issues and driving financial performance for a long term sustainable growth of the company.

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