Interactive Supercomputing a Red Herring 100 winner

Interactive Supercomputing Corporation

Interactive Supercomputing a Red Herring 100 winner

May 2, 2007

Award recognizes the 100 'Most Promising' companies driving the future of technology

SAN FRANCISCO, May 2 /PRNewswire/ -- Red Herring today announced that Interactive Supercomputing Inc. (ISC) is a recipient of the Red Herring 100 Spring, an award given to the top 100 private technology companies based in North America.

ISC earned the honor for creating a novel way for scientists, engineers and analysts to tap the power of supercomputers to solve some of the world's most significant challenges. ISC's Star-P(TM) software is an interactive parallel computing platform that lets technical users work with their preferred PC desktop tools - such as MATLAB(R), Python, R and others - to develop models and algorithms, but run the code automatically and interactively on parallel servers and clusters. This eliminates the need to re-program the models in low level languages such as C, FORTRAN and MPI to run on the parallel computer, dramatically reducing cost and time to discovery.

"Having received more than 800 submissions, it is clear that we are witnessing a new outburst of creativity," says Joel Dreyfuss, editor-in-chief of Red Herring. "With venture capital flowing again, it's exciting to see technology innovators and business investors collaborate to create disruptive technologies. The Red Herring 100 North America companies are impressive up- and-comers, and definitely the ones to watch."

Red Herring's annual lists of top private companies are an important part of the company's tradition of identifying new and innovative technology companies and entrepreneurs. Companies like Google, eBay and Skype were spotted in their early days by Red Herring editors, and touted as leaders that would change the way we live and work.

Red Herring's editorial staff rigorously evaluated more than 800 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.

ISC CEO Bill Blake will introduce the company at the Red Herring Spring 2007 event, May 1-3, at the Hyatt Regency in Monterey. As the venue for the unveiling of the Top 100 private companies in North America, Red Herring Spring draws unparalleled attention from decision makers and industry observers across the continent. This year marks the 10th anniversary of the Red Herring 100 Awards.

"ISC believes that solving some of the world's greatest challenges can be achieved faster and more easily if we make our best scientists, engineers and analysts more productive. Being named a Red Herring 100 winner reaffirms our technological vision," said Blake.

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 on the Internet at http://www.redherring.com.

About Interactive Supercomputing

Interactive Supercomputing (ISC) launched in 2004 to commercialize Star-P, an interactive parallel computing platform. With automatic parallelization and interactive execution of existing desktop technical applications, Star-P merges two previously distinct environments - desktop computers and high performance servers - into one. Based in Waltham, Mass., the privately held company markets Star-P for a range of biomedical, financial, and government laboratory research applications. Additional information is available at http://www.interactivesupercomputing.com.

Star-P is a trademark of Interactive Supercomputing Inc. All other trademarks mentioned herein are the property of their respective owners.

Contacts:

Ilya Mirman
Interactive Supercomputing
781-419-5088

Michelle Dillon
Beaupre & Co. Public Relations
mdillon@beaupre.com
603-559-5835