HispanicBusiness

BUENOS AIRES, Argentina, June 30 /PRNewswire-HISPANIC PR WIRE/ -- A recent study published by BusinessWeek and YouNoodle, a group that identifies startups with great potential for global growth, mentioned Sonico ( http://www.sonico.com ) as one of the top 5 out of 50 technology startups that have the largest growth potential in the world.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090630/ARTU003LOGO )

The ranking brings together technology companies from the United States, China, India, Russia, Argentina and Brazil that were started no more than 5 years ago, and are among the best prepared to expand their businesses beyond their markets of origin. Sonico was created in Argentina in 2007 and 89% of its users are from Latin America.

"At Sonico we are very committed to the Latin American market, but we are proud to be competing with other startups of global scope. We are happy to have obtained so many good results and we will continue to concentrate on the development of this social communication platform as well as our commercial structure to attend this growth," said Rodrigo Teijeiro, CEO and Founder of Sonico.

To see the full ranking, please access:
http://bwnt.businessweek.com/interactive_reports/tech_startups_you_should_know_2009/index.asp?sortCol=younoodle&sortOrder=2&pageNum=1&resultNum=50

About Sonico
Sonico is the fastest growing social network in Latin America and already has more than 38 million registered users. Users may contact real life friends, relatives and colleagues. Sonico's constant development is driven by a team of 80 people. In May 2008, Sonico raised USD 4.3 million in its first round of financing. For more information, visit http://corporate.sonico.com/

Contacts

Florencia Sabatini
PR Regional Manager
Sonico
Florencia.sabatini@sonico.com
Phone: +54.11.5258.4286

Jesica Mraz
PR Analyst
Sonico
Jesica.mraz@sonico.com
Phone: +54.11.5258.4233

SOURCE Sonico