Islamabad, Pakistan, Sep 3, 2005. Ufnasoft today announced that Ufnasoft has been named one of the Red Herring 100 Private Companies of Asia. "Getting selected for the Red Herring Asia 100 list is quite an achievement," said Red Herring editor-in-chief Joel Dreyfuss. "We had many strong entries, a reflection of the depth of entrepreneurship that has taken hold in Asia." "We are horned that Red Herring has recognized our success and right path with prestigious award," said Younas Aamir CEO of Ufnasoft. "We are targeting USA and European Countries for Enterprise Application Solutions. The recognition of Red Herring will open thousands of doors in our success," he added. Red Herring's lists of private companies are an important part of the magazine's tradition of identifying new and innovative technology companies and entrepreneurs. Companies like Google and eBay were spotted in their early days by Red Herring editors as those that would change the way we live and work. Red Herring's editorial staff rigorously evaluated more than 500 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. Red Herring 100 Asia companies will be presenting their business model and strategy at the Red Herring 100 Asia Conference. The conference will take place September 5-7 at the Shangri-La Hotel in Shanghai, China