Frost & Sullivan Celebrates Growth and Innovation at Awards Banquet

LONDON - 29 May 2009
– Frost & Sullivan celebrated the success of outstanding business achievement at the "2009 Growth Excellence Awards Banquet" on Wednesday 20 May.

Movers and shakers from around the world were honoured during this event which was held at the Sofitel St. James in London. The evening also included a keynote address from Frost & Sullivan Chairman David Frigstad, who spoke about the complex business universe and the mileage gained from the evening's event/impact of the evening's awards.

"The Frost & Sullivan Best Practices Award can best be captured in three words – inspire, influence and impact – with the overarching goal of accelerating growth for recipient companies," he said.

Top performers across several industries including Automotive & Transportation, Information & Communication Technologies, Energy & Environment, and Automation & Electronics were recognised at this prestigious event.

Frost & Sullivan's banquet celebrated the positive impact which these companies' unique and innovative solutions and services are making across a diverse range of markets.

The dual honour of being awarded both the 2009 European Wireless Mesh Networking Technology Innovation Award and the 2008 European Wireless Sensors Competitive Strategy Leadership Award went to Coronis, an Elster Group company. Likewise, Veolia Water Solutions & Technologies (VWS) was recognised for exceptional performance in two categories, as Jean-Michel Herrewyn scooped the coveted CEO of the Year award as well as accepting the 2008 European Water & Wastewater Treatment Business Development Strategy Leadership Award on behalf of VWS, the technical subsidiary of Veolia Water.

Accolades for defence industry players MIRO Technologies and Rafael Advanced Defense Systems Ltd. were bestowed in the categories of 2009 European Defence Logistics Product Line Strategy and 2009 Global Defence Industry Product of the Year respectively. Meanwhile, ND SatCom was conferred the 2009 European Defence Communication Competitive Strategy Leadership Award.

Excellence in best practices demonstrated in the chemical industry were showcased on the night by PURAC, Sulzer Chemtech and Synbra Technology who accepted their joint 2008 European Polylactide Production Technology Innovation of the Year Award, while DSM Composite Resins received Frost & Sullivan's 2008 Global Aerospace Polymers & Composites Product Innovation Award.

Solvay S.A. was lauded with the 2009 European Epichlorohydrin Production Green Excellence of the Year Award and Marigot Ltd. & GTC Nutrition received the honour of the 2008 Global Food and Beverage Prebiotics Product Innovation Award.

The automotive industry was represented by e-Traction Europe B.V., named 2008 European Automotive Powertrain Entrepreneurial Company Award on the night, and MiX Telematics who celebrated the receipt of the 2008 European Commercial Vehicle Telematics Product Line Strategy Award.

The following companies complement the list of stellar performers commended for superlative achievements in a broad spectrum of industries celebrated during Frost & Sullivan's banquet.

CentraLine by Honeywell - 2008 European Building Technologies Company of the Year Award
CNL - 2009 European Situation Management Software Industry Innovation & Advancement of the Year Award
Crospon - 2009 European Gastroenterology Technology Implementation of the Year Award
Dunkermotoren - 2008 European Motors with Integrated Drives Company of the Year Award
Emerson Network Power Liebert Precision Cooling EMEA - 2008 European Precision Air Conditioning Market Leadership of the Year Award
Grupo Atento - 2008 Latin American Contact Center Outsourcing Market Leadership Award
Human Recognition Systems - 2009 European Biometrics Customer Value Leadership of the Year Award
HSB identification B.V. - 2008 European Biometrics Level Product Differentiation Innovation of the Year Award
IDEX ASA - 2009 Global Swipe Sensor Product Differentiation Innovation of the Year Award
Ipercast International - 2008 World Content Delivery Networks Hot Investment Opportunity Award
Innovatrics - 2008 Global Fingerprints Technology Innovation of the Year Award
IrisGuard Inc. - 2009 World Iris Recognition Entrepreneurial Company of the Year Award
KarmelSonix Ltd. - 2009 European Asthma Monitoring Product Innovation of the Year Award
KSB Aktiengesellschaft - 2009 Global Centrifugal Pumps Environmental Activism Green Excellence Award
Perenne S.A. - 2008 Brazilian Water and Wastewater Business Development Strategy Leadership Award
TBS - Touchless Biometric Systems - 2008 European Biometric Access Control Product Innovation of the Year Award
Tridium, Inc. - 2009 European Green Excellence HVAC Controls Technology Innovation Award

Imad Malhas, IrisGuard, and David Frigstad, Frost & Sullivan

Pedro Villar, Grupo Atento, and Aroop Zutshi, Frost & Sullivan

The Frost & Sullivan "2009 Growth Excellence Awards Banquet" was held in conjunction with "GIL 2009 – Europe: Growth, Innovation & Leadership" at the Sofitel St. James, London from 19 – 20 May. The Frost & Sullivan's global congress on corporate growth was held in Europe for the first time and brought new perspectives and ideas from contemporary growth thought leaders.

To receive a full list of the award recipients from the evening, or information on David Frigstad's Keynote Address, please contact

About Frost & Sullivan's Best Practices Awards

Frost & Sullivan's Best Practices Awards recognise companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 31 offices on six continents. To join our Growth Partnership, please visit


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