Pinstorm named among Asia's 'hottest' companies by Red Herring! Indian firm is the only Search Engine Marketer in the world to be chosen!

August 25, 2005 (PRLEAP.COM) Business News
The Red Herring Lists & Surveys published by Red Herring Magazine have over the years been recognised as a leading indicator for the next wave of promising companies. Some of their picks in the past have included Google & eBay, when those companies were much smaller and much less known. So who’s on Red Herring’s latest list? – A search engine marketing firm based out of Mumbai – Pinstorm! No Less

Founded by serial entrepreneur and angel investor Mahesh Murthy, Pinstorm has the unique privilege of being the only Search Engine Marketing Firm in the world to be chosen for the honour among all the Red Herring Hot 100 Lists this year across North America, Europe & Asia!
Red Herring’s selection criteria included company financials, dedication to research & technology, potential to disrupt markets & create entirely new markets and quality of the top management team…

Pinstorm, which has quickly grown to be Asia’s leading Search Engine Marketing Firm, was setup just 15 months ago. It now has over 30 employees across 2 offices in Mumbai & Singapore and handles national & global search advertising needs of marketers like eBay,, National Geographic, Sun Microsystems and American Express.

Pinstorm, the first search firm in the world to charge purely on a pay for results basis, is a Marketers Dream. Mahesh Murthy, CEO, Pinstorm says “It’s quite a thrill to be named among the hottest companies in the world just a year since we have started. After 20 years as a marketer, for me this was a chance to create a firm that could reliably solve problems for marketers around the world…. We are building a Marketing & Advertising firm of the future & our technologies will help every marketer harness the potential of Google, Yahoo & MSN to build their brands’.

The Red Herring Top 100 awards will be handed out at a function in Shanghai on Sept 6, 2005.