Released on = August 29, 2006, 11:34 am

Press Release Author = ACL Wireless Limited

Industry = Telecommunications

Press Release Summary = ACL Wireless, leading India-based developer and provider of
mobile value added services, has been declared a winner at the Red Herring 100 Asia
awards 2006. With this ACL joins the most promising technology ventures in Asia that
are successfully challenging the industry with their innovative technologies and
smart business models.

Press Release Body =
ACL Wireless declared winner at Red Herring 100 Asia 2006
(August 28, 2006, Hong Kong)


ACL Wireless, leading India-based developer and provider of mobile value added
services, has been declared a winner at the Red Herring 100 Asia awards 2006. With
this ACL joins the most promising technology ventures in Asia that are successfully
challenging the industry with their innovative technologies and smart business
models.

The announcement, made at the Red Herring 100 Asia Night in Hong Kong on August 28,
2006, has further reinforced ACL's recent recognition as the fastest growing
technology company in India.


The Red Herring 100 Asia award, now in its second year and open only to private
technology companies headquartered in Asia Pacific, is given to the top 100 Asian
tech companies on the basis of technology innovation, management strength, market
size, investor record, customer acquisition and financial health. Red Herring's
editorial staff rigorously evaluated more than 1,000 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'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," said Red Herring
editor-in-chief Joel Dreyfuss."

Speaking at the event Mr. Sanjay Goyal, CEO ACL Wireless Limited said, "We\'re very
pleased to be receiving this recognition from Red Herring. In an intensely
competitive market place, this award recognizes the ingenuity, spirit and resilience
shown by ACL to be amongst the best technology companies in the world."

Elaborating further Mr. Goyal said, "Being able to identify and bet on the next
opportunity in the technology space, building unique proprietary products and
evolving a new highly scalable business model are the key reasons for ACL's
resounding success."

Red Herring 100 Asia covers markets such as Japan, South Korea, China, India,
Singapore, and Australia. The announcement of the awards will be followed by the Red
Herring 100 Asia Conference between August 28-30, at the same venue.


About ACL Wireless

ACL Wireless is a leading India-based developer and provider of mobile value added
services. Its unique and robust solutions in the field of mobile communities,
instant messaging, carrier connectivity & billing, content aggregation and
application development, have benefited more than 30 mobile operators in several
emerging markets across the globe as well as over 50 tier-one enterprises, media
companies and content providers in India.

ACL was recently ranked as India\'s fastest growing technology company by Deloitte.
Founded in 2000, the company employs over 180 people and operates from its head
office and R&D center in New Delhi.

For more information please visit www.acl-wireless.com


About Red Herring

Red Herring is a sophisticated insider's guide to the business of technology,
featuring unparalleled insights on the emerging technologies driving the economy
from the Internet to wireless communications and digital entertainment. Red Herring
reports on how innovation and entrepreneurship are transforming business and how the
business of technology is transforming the world, providing readers with a deep
understanding of venture capital and capital markets. Recognized as an essential
resource in today's fast-changing business world, Red Herring gets the right answers
before anyone else even thinks to ask the questions.

More information on Red Herring is available on the Internet at
http://www.redherring.com.



PR Contact

ACL Wireless Limited
Corporate Communications
Tel: +91.11.2643 8813
Email: pr@acl-wireless.com





Web Site = http://www.acl-wireless.com

Contact Details = Soumitra Ranjan
(Senior Manager - Marketing)

ACL Wireless Limited
17, Community Center, East Of Kailash, New Delhi - 110065
INDIA
Tel: +91 11 2643 8813-16 | Fax: +91 11 2643 8825
Mobile: +91 9891 703 999
Mail: soumitra@acl-wireless.com