Released on: August 20, 2008, 11:42 pm

Press Release Author: Frost & Sullivan

Industry: Industrial

Press Release Summary: Singapore, August 21, 2008 - Frost & Sullivan hosted the
annual Frost & Sullivan Asia Pacific Industrial Technologies Awards banquet last
Friday in Singapore. Many of the region's top-class companies were honoured with the
most coveted titles in leadership, technology, strategy and innovation excellence.
This year the Awards recognised outstanding performances by companies in the
electronics & security, industrial automation & process control, energy & power
systems, chemicals materials and food industries, as well as new and emerging
technologies across these industries.

Press Release Body: Singapore, August 21, 2008 - Frost & Sullivan hosted the annual
Frost & Sullivan Asia Pacific Industrial Technologies Awards banquet last Friday in
Singapore. Many of the region's top-class companies were honoured with the most
coveted titles in leadership, technology, strategy and innovation excellence. This
year the Awards recognised outstanding performances by companies in the electronics
& security, industrial automation & process control, energy & power systems,
chemicals materials and food industries, as well as new and emerging technologies
across these industries.

The President of the Singapore Manufacturers' Federation, Mr. Renny Yeo graced the
evening. The 150 guests of the ceremony included chief executive officers, country
managers, executive directors, and presidents from all the different and vast
industries of industrial technologies in the Asia Pacific region.

Introduced in the year 2006, the Awards acknowledge the best practices in various
industrial technologies across Asia Pacific. This year additional categories across
the industrial sector of Chemicals, Materials and Foods technologies had been added
to the list of awards. More than twenty prestigious titles were presented to
companies at the banquet witnessed by existing and upcoming leaders in various
industrial technologies.

The companies commended as award recipients are those which have displayed exemplary
achievements in areas such as market leadership, marketing strategy, business
development strategy, market penetration, customer service, growth strategy, product
line strategy, amongst others. Qualities such as diligence, perseverance, innovation
and dedication required to develop a successful business plan and excel in the
increasingly competitive global marketplace are pre-requisites of the illustrious
award recipient.

Sanjay Singh, Vice President for Industrial Technologies at Frost & Sullivan, says,
"The industrial technologies sectors have continued to witness good growth in the
first half of 2008 and have been a significant contributor to the economy in all
APAC countries.

"With the myriad challenges companies continuously face on many fronts, it is only
the innovative, resourceful and focused organisations that stay ahead in today\'s
very competitive market and go on to be leaders amongst their peers over time. We
aim to identify and highlight such companies that have demonstrated these world
class performances and bring them to center stage by recognising their outstanding
efforts at the banquet,\" he explains.

The awards seek to showcase best practices in the industry segments, which are
synonymous with Frost & Sullivan's in-depth analysis and coverage of these
industries. In keeping with the company's time-honoured commitment of excellence and
innovation, the awards offered are carefully reviewed and evaluated to reflect the
current market landscape inclusive of the emerging technology trends.

The awards are based on extensive market engineering tools evolved by Frost &
Sullivan over the years. 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.

Sanjay further elaborated, "Since its institution in 2006, the Frost & Sullivan Asia
Pacific Industrial Technologies Awards have grown to establish itself as a not-
to-be-missed banquet where peers, competitors, current and future clients gather to
be honoured as the best in their respective industry. With positive feedback from
the recipients, the industry members and media, we constantly strive to enhance the
banquet experience every year. "


Frost & Sullivan congratulates all the outstanding recipients of the 2008 Frost &
Sullivan Industrial Technologies Awards

Web Site: http://www.frost.com

Contact Details: Neethiya Sadagopal
100 Beach Road,
Shaw Tower,#29-01/11
Singapore 189702
neethiya.sadagopal@frost.com
Tel: +65 6890 0966