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Frost & Sullivan Honours Healthcare Leaders at 2008 Excellence in Healthcare Awards Banquet

LONDON – February 22, 2008 – Global growth consulting company Frost & Sullivan presented fifteen awards at its prestigious 2008 Excellence in Healthcare Awards Banquet held in Berlin yesterday evening. Among the awards conferred were those for product innovation, technology leadership, customer service leadership and market leadership.

Delivering the keynote speech, Dr. Keith Schlagbauer, Frost & Sullivan's Head of Healthcare in Africa noted that healthcare globally is facing considerable challenges to the existing paradigms under which care is administered to patients. He said that these challenges are particularly in the arenas of unsustainable cost increases, changing demographics with increasing numbers of elderly patients and quality of care issues.

"Frost & Sullivan is working with our clients to facilitate their adaptation and adoption of the emerging trend towards a preventative approach in healthcare, utilising personalised, individual genetic make-up determined, healthcare solutions," Dr. Schlagbauer said. "These cover bio-pharmaceuticals, medical devices, patient monitoring and diagnostic products all feeding into intelligent predictive software environments. We are without doubt in the early phase of a revolution which will see significant improvements in quality of life of populations on a global basis."

Technology leadership awards were bestowed on Capsule Technologie, Ziehm Imaging and Philips Speech Recognition Systems while ACIST Medical Systems and T.B.R. Group were honoured for exceptional technology innovation.

Contura and AMC Holding GmbH were commended for their successful efforts at product differentiation innovation. Integromics, S.L., 3mensio Medical Imaging and Thommen Medical AG were recognised for their noteworthy initiatives in product innovation.

Philips picked up the Kenyan Medical Device Market Leadership Award while the Market Penetration Leadership Award for the global radiology information systems market was bagged by Carestream Health, Inc. GE Healthcare received the European Patient Monitoring Industry Innovation and Advancement Award.

Customer-based initiatives were also given their due at the award's ceremony with Endometriosis.org being lauded for its customer service innovation and Merck Serono - A Division of Merck KGaA – acknowledged for its efforts at customer value enhancement.

This year's event was attended by over forty industry leaders with participants, delegates, and guests commending Europe's top performing healthcare companies.

The following is a complete list of award recipients is:

Philips
2007 Kenyan Medical Device Market Leadership Award

Capsule Technologie
2008 Global Patient Monitoring Technology Leadership Award

Ziehm Imaging
2007 European Medical Imaging Technology Leadership of the Year Award

T.B.R. Group
2007 European Dental Implants Technology Innovation Award

Philips Speech Recognition Systems
2007 Global Speech Recognition Technology Leadership Award

ACIST Medical Systems
2007 European Auto Injectors Technology Innovation Award,

Contura
2007 European Cosmetic Procedures Product Differentiation Innovation Award

GE Healthcare
2007 European Patient Monitoring Industry Innovation and Advancement Award

AMC Holding GmbH
2007 European Hospital Information Systems Product Differentiation Innovation Award

Integromics, S.L.
2007 European Bioinformatics Product Innovation of the Year Award

3mensio Medical Imaging
2007 European Medical Imaging Product Innovation Award

Thommen Medical AG
2007 European Dental Implants Product Innovation Award

Endometriosis.org
2007 European Endometrioisis Therapeutics Customer Service Innovation Award

Merck Serono (A Division of Merck KGaA)
2007 European Head and Neck Cancer Therapeutics Customer Value Enhancement Award

Carestream Health, Inc.
2008 Global Radiology Information Systems Market Penetration Leadership Award

About Frost & Sullivan

Frost & Sullivan, the Global Growth Consulting Company, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information about Frost & Sullivan's Growth Partnerships, visit http://www.frost.com.

Media Contact:

Ciara Connolly
Best Practices
Senior Events and Promotions Executive
Frost & Sullivan
P: 44 (0) 207 915 7868
E: ciara.connolly@frost.com

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