New York — February 18, 2010 — Fast Company’s annual Most Innovative Companies issue honors Mode Media alongside other major brands including Cisco, Disney and GE, as well as rising newcomers Spotify, Gilt Groupe, HTC and the Indian Premier League.

In addition to the Top 50, Fast Company ranked the Top 10 Most Innovative Companies in 24 categories, including advertising and marketing, biotech, film and TV, media, music and sports. Mode Media was ranked the world’s most innovative media company, joining a distinguished group that includes Huffington Post and Politico.

To create this year’s Most Innovative Companies issue, Fast Company’s editorial team analyzed information on thousands of businesses across the globe. The result is a package unlike that of any other business media. It’s not just about revenue growth and profit margins; it’s about identifying creative models and progressive cultures – to define the many forms of innovation that exist across the business landscape.

“We’re absolutely honored to have been recognized by Fast Company, and to be included among all of these ground-breaking and innovative organizations,” said Samir Arora, chairman and CEO of Mode Media. “Mode Media is the pioneer of vertical media, bringing together highly engaged audiences at a massive scale, with quality content and professional social media blogs. Glam has worked very hard over the last 5 years to become the number one property for women online, and this is truly a tribute to the efforts of our employees and publishing partners.”

“It was invigorating to engage with so many exciting new ideas and developments,” said Fast Company editor Robert Safian. “Our goal was to offer a snapshot of the creativity at work in the global marketplace and to inspire the Fast Company audience with illustrations of how powerful and effective business can be.”

Fast Company’s Most Innovative Companies issue (March 2010) is on newsstands now, and is online at www.fastcompany.com/MIC.

About Mode Media

Mode Media is the pioneering vertical media company that connects brand advertisers with targeted vertical audiences online.  With a reach of 76 million unique monthly visitors in the US and 164 million uniques globally, Mode Media is #1 comScore Community properties targeting Women, the #8 publisher in online display media, a comScore Top 11 in the Top 100 Web Properties, and a Top 10 Adweek Display Ad Publisher. Mode Media has over 1,400 publishers organized in vertical networks: Glam.com for Women, Brash.com for Men and Tinker.com for real-time Social Media.  Mode Media is backed by Accel Partners, DAG Ventures, Draper Fisher Jurvetson, Hubert Burda Media, Information Capital, GLG Partners, Mizuho Bank and Walden Venture. Glam is headquartered in New York City, New York and Silicon Valley, California, with offices in Chicago, Dallas, and Los Angeles, and internationally in London, Munich, Hamburg, Berlin and Tokyo.

About Fast Company

Fast Company is an award-winning monthly magazine, Web site, and digital distribution platform that covers the business of innovation like no other media source. Editor Robert Safian was named Adweek’s Editor of the Year in 2009.  FastCompany.com, under the auspices of executive editor Noah Robischon and publisher Christine Osekoski, has tripled traffic and revenue year over year. Fast Company is owned by Joe Mansueto, founder and owner of Morningstar, a leading provider of independent investment research.