ChatTime Is a Finalist for the 2011 Red Herring 100 Global Award

MIAMI, FL--(Marketwire - Nov 30, 2011) - ChatTime, the leading iPhone app for free and low cost international calls, announced that it has been selected as a candidate for Red Herring's 2011 Top 100 Global award, a prestigious recognition honoring the year's most audacious and far reaching private technology companies and entrepreneurs from across the globe. After winning the Red Herring Asia 100 award in October 2011, ChatTime was invited into the Global 100 competition as an innovator and thought leader in the telecommunications industry. The Red Herring editorial team selected the companies demonstrating the most innovative technologies and business models originating from over 1,000 companies in over 40 nations.

"ChatTime is honored to follow up its Asia 100 win by being recognized alongside hundreds of innovative companies from around the world," said Dan Currie, CEO of SmartRoam. "This acknowledgement speaks not only to the pride of our company, but the trust and loyalty of our users. We have years of growth ahead of us, and we are proud to be honored at such an early stage of the company by Red Herring and our peers."

The finalists are invited to present their winning strategies at the Red Herring Global forum in Los Angeles, December 5-7, 2011. The Top 100 winners will be announced at a special awards ceremony on December 7.

"Technology companies are becoming the bright spot in the economic outlook based on their increasing role within macro-economic environments," stated Alex Vieux, Chairman of Red Herring. "2011 has confirmed the sector's vibrant activity and its resilience to widespread economic problems. An unprecedented number of entrepreneurs are attempting to jump ahead of the competition and aspire to make a difference. Breakthroughs obsolete each other faster than ever before. ChatTime has performed exceptionally in its field and strongly deserves to be singled out as one of the Red Herring Global Finalists. At this stage, we are left with the daunting task to select the best qualified companies for the 2011 Top 100 Global Award."

About SmartRoam Pte Ltd.
SmartRoam was founded in 2008 with offices in five countries. SmartRoam's flagship product ChatTime is the leading low cost international calling service for the iPhone. SmartRoam customers benefit from solutions that are easy to use, deliver carrier grade call quality and savings of up to 97 percent on international calling without the limitations of Wi-Fi or 3G data. The ChatTime conversation continues on Facebook and Twitter.