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FinNode Announces Call-for-Entries for Web-2-Mobile Business Plan Competition
Competition Seeks Innovations for the New Mobile Ecosystem; Winners to be Profiled by Red Herring Magazine and Invited to Develop Their Technology Inside Nokia Labs

Santa Clara, Calif. – November 6, 2006 – FinNode, a business and technology consortium connecting Silicon Valley companies with partners in Finland and the U.S., announced today the opening call for entries to the Web-2-Mobile Business Plan Competition.

FinNode has teamed up with Red Herring magazine and Nokia to host a business plan competition unlike any others in the Silicon Valley. The Web-2-Mobile Business Plan Competition is seeking entrepreneurs who have innovative ideas about how to harness the power and ubiquity of mobile devices. Competition sponsors are looking for technological improvements or new services that will benefit mobile workforces or accelerate the mobile lifestyle.

Unlike other business plan competitions, winners of the Web-2-Mobile Business Plan Competition will compete for a very unique opportunity: an invitation to visit inside Nokia’s world-famous research labs to develop and test their innovations. Winners also will be profiled by Red Herring and gain valuable exposure before a panel of top-tier venture capitalists and experienced investors.

Entries must be submitted by December 10, 2006. Finalists will be announced on January 2, 2007. Finalists will make presentations to a panel of judges and winners will be selected on January 24, 2007.

For more information and to download an entry form, please visit www.web2mobile.org.

About FinNode
Comprised of members of the business and technology community, FinNode is a network designed to help Silicon Valley companies connect with partners in Finland and the U.S. With domain expertise in 23 different industries, FinNode provides resources for business development, internationalization, R&D, outsourcing, intellectual property licensing, venture funding and university partnerships. The FinNode community offers executive-level contacts and expertise relevant to Fortune 1000 companies, start-ups and universities. For more information, please visit www.finnode.com.

About Nokia
Nokia is a world leader in mobile communications, driving the growth and sustainability of the broader mobility industry. Nokia connects people to each other and the information that matters to them with easy-to-use and innovative products like mobile phones, devices and solutions for imaging, games, media and businesses. Nokia provides equipment, solutions and services for network operators and corporations.

About Red Herring
Red Herring, Inc., founded in 1993, is a media company whose mission is to cover innovation, technology, financing and entrepreneurial activity. Its staff of award-winning journalists tell readers what's first, what matters and most importantly, why. Red Herring is dedicated to thorough research, relevant metrics, deep financial analysis, in-depth reporting, crisp writing and thoughtful debate. A privately held company, Red Herring, Inc.
is headquartered in Belmont, California.

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U.S. Media Contact:
Juliet Travis
Rocket Science PR, for FinNode
+1 415.464.8110 x 5
juliet@rocketscience.com


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