LONDON, September 22 /PRNewswire/ -- Frost & Sullivan honoured industry
leaders for their exceptional performance at its 2006 Industrial Excellence
Awards Banquet. The annual awards ceremony was held in London on Thursday
evening.
    Over 30 awards were bestowed across the industrial automation &
electronics, energy & power supply systems and environment & building
technologies sectors. The award categories include leadership, innovation
and excellence in product development and technology, outstanding strategy
leadership in growth, competitiveness, business development, product line
and sales. Awards for overall market leadership and for the most promising
emerging companies were also presented at the banquet.
    Mr. John Raspin, Practice Director at Frost & Sullivan for Energy and
Environment, and Mr. Iain Jawad, Practice Director for Automation &
Electronics, welcomed the banquet attendees. "One of Frost & Sullivan's
main aims is to acknowledge outstanding industry achievements and
demonstration of best practices by presenting awards to top companies in
regional and global markets," said Mr. Raspin. "Our industry experts
recognise the diligence and innovation required to implement a successful
business plan and excel in the increasingly competitive global
marketplace."
    Mr. Iain Jawad gave an overview of the market in Eastern Europe. "The
Eastern European market is going to remain an important European
manufacturing base - noted the director of Automation & Electronics -.
However, unlike other emerging markets such as China, production is
generally less driven by domestic demand. It can have greater opportunities
from an absolute size of opportunity in comparison to other markets such as
India, on an industry by industry basis."
    Mr. Jawad's punctual analysis and forecast introduced the keynote
speaker. Mr. Matthew Hill, leading coach, consultant and intercultural
trainer for multi-national businesses delivered the keynote speech. While
discussing the topic of 'Investing in Central Europe: Why Now', Mr. Hill
noted, "the region offers multiple benefits ranging from an educated
population fluent in major languages such as English, German and French,
good tax incentives and, production costs that are often 40 per cent lower
than in the west to easy geographical access to numerous economically
promising markets together with a prospective 130 million person market."
    However, warning of the perils of the 'invisible culture' of the
region, Mr. Hill stressed that entrants needed to do their homework and be
prepared for the challenges ahead. "Building trust, adapting your message
to regional peculiarities, ensuring a smooth cultural translation from the
western to the central and eastern worlds, and making the most of
experienced personnel familiar with change will be essential in
capitalising on growth opportunities in Central Europe."
    Award recipients at the evening's banquet included Ceres Power,
Kvaerner Power, MGE UPS Systems, Honeywell Security Deutschland, Novar
GmbH, MGE UPS Systems, IST International Security Technology Oy, Sagem
Defense Securite, ESAB, SEW Eurodrive GmbH & Co KG, Emerson Network Power,
Aggreko and Grundfos.
    The following is the complete list of honourees at the awards function:
    Ceres Power - 2006 Excellence in Technology Award
    Baxi Heating UK - 2006 Business Development Strategy Leadership Award
    Kvaerner Power - 2006 Technology Leadership Award
    MGE UPS Systems - 2006 Product Line Strategy Leadership Award
    TAC a company of Schneider Electric -2006 Competitive Strategy
Leadership Award
    Honeywell Security Deutschland, Novar GmbH - 2006 German Intrusion
Detection Market-Customer Choice Award
    IST International Security Technology Oy - 2006 Product Innovation Award
    Bosch Sicherheitssysteme GmbH - 2006 Competitive Strategy Leadership Award
    Aquabio Limited - 2006 Pioneering Market Strategy Award
    SPX Process Equipment Ltd. - 2006 Pioneering Market Strategy Award
    ESAB - 2006 Competitive Strategy Leadership Award
    Sagem Defense Securite - 2006 Global Excellence in Sales Strategy Award
    SEW Eurodrive GmbH & Co KG - 2006 Business Development Strategy
Leadership Award
    Universal Instruments Corporation - 2006 Technology Innovation Award
    FUJI MACHINE MFG. (EUROPE) GMBH - 2006 Product Innovation Award
    Leica Geosystems AG - 2006 Market Leadership Award
    Danfoss - 2006 Product Innovation Award
    Emerson Network Power - Uninterruptible Power Supplies - 2006
Competitive Strategy Leadership of the Year Award
    Newave SA - Uninterruptible Power Supplies - 2006 European Emerging
Company of the Year Award
    Socomec Sicon UPS - Uninterruptible Power Supplies - 2006 Product
Innovation of the Year Award
    AEG Power Supply Systems - a company of Saft Power Systems -
Uninterruptible Power Supplies - 2006 Product Line Leadership of the Year
Award
    Aggreko - Energy - Growth Strategy Leadership of the Year Award
    ESI Group - Digital Simulation Software - 2006 Technology Leadership of
the Year Award
    Fronius International GmbH - Welding - 2006 Technology of the Year
Award
    Schenck Process Group - Weighing and Feeding Technology - 2006 Product
Line Leadership of the Year Award
    CSi Industries BV- Industry Process Control - 2006 Product Innovation
of the Year Award
    CogniTens Ltd. - Dimensional Metrology - 2006 Technology Innovation of
the Year Award
    MGE UPS Systems - Uninterruptible Power Supplies - 2006 European
Company of the Year Award
    Honeywell Security - Building Technologies and Services - 2006 European
Security Company of Year Award
    ESAB - Welding - 2006 Company of the Year Award
    Grundfos A/S - European Pumps - 2006 Company of the Year Award
    About Frost & Sullivan
    Frost & Sullivan, a global growth consulting company, has been
partnering with clients to support the development of innovative strategies
for more than 40 years. The company's industry expertise integrates growth
consulting, growth partnership services, and corporate management training
to identify and develop opportunities. Frost & Sullivan serves an extensive
clientele that includes Global 1000 companies, emerging companies, and the
investment community by providing comprehensive industry coverage that
reflects a unique global perspective and combines ongoing analysis of
markets, technologies, econometrics, and demographics. For more
information, visit http://www.frost.com.
    Media Contact:

    Chiara Carella
    Corporate Communications
    Frost & Sullivan
    DDI: +44-207-343-8314
    FAX:+44-207-7303343
    mailto:chiara.carella@frost.com

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