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Stream Processors, Inc. Named a Finalist For Red Herring 100

Award Recognizes the 100 “Most Promising” Companies Driving the Future of Technology

SAN FRANCISCO, April 5, 2007— Red Herring today announced that Stream Processors, Inc. (SPI), a fabless semiconductor company that is making parallel processing simple, is a finalist for this year’s Red Herring 100 Awards.

The 10th annual Red Herring 100 Awards highlights an elite group of 100 private companies based in North America that are playing a leading role in innovation and technology. The Red Herring editorial board diligently surveyed the entrepreneurial scene and identified the finalists out of more than 800 companies.

Touted for its breakthrough Stream Processing Architecture™, SPI solves a key problem facing a wide range of markets that require high-performance digital signal processing – how to make the performance benefits of parallelism easily accessible to programmers.

The Red Herring 100
The winning 100 companies will be announced at the Red Herring Spring event. The CEOs of the winners will present their innovative ideas and technologies to an audience of leading entrepreneurs, financiers and corporate strategists at the event in Monterey, California, on May 1-3 at the Hyatt Regency Hotel.

This year’s Red Herring 100 Spring event marks the 10th anniversary of the Red Herring 100 Awards. In celebration, the event will feature keynote addresses from legendary VC investors and CEOs of leading Internet, information, and communications companies. Request your invitation at: http://www.herringevents.com/spring07/index.html

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 www.redherring.com.

About Stream Processors, Inc.
Stream Processors, Inc. (SPI) is a privately held fabless semiconductor company delivering an innovative stream processing architecture that helps consumer and industrial companies accelerate product development cycles and dramatically reduce system development costs. SPI was founded in 2004 to address the new era of compute-intensive applications requiring radically increased levels of processor performance and power efficiency. The company's technology and products improve application productivity by making parallel processing easier to program and use. Additional information can be found at http://www.streamprocessors.com/.