/PRZOOM - Newswire/ - Frost & Sullivan hosted its prestigious European Best Practices Awards Banquet last night, sponsored by Bosch Rexroth.

London, United Kingdom, 05/16/2008 – Top performers from diverse fields ranging from automation, electronics, energy and power systems to aerospace, defence and environmental and building technologies will be honoured at the event.

This much anticipated and highly competitive Awards Banquet recognised companies for innovative developments, outstanding performances and business achievements – in essence, for establishing best practice standards that competitors are striving to emulate.

Among Europe's industry leaders who will be commended at the Banquet are SEW-EURODRIVE, ELUTIONS, DSM Engineering Plastics B.V., ChipSensors Ltd., Ansaldo Fuel Cells, MOBOTIX AG, KONGSBERG, Elan Software Systems, Ansaldo Energia, InduSoft, BAE Systems Hägglunds, Bioni CS GmbH, Imbera Electronics, Rockwell Automation and ABB Group.

Awards were presented for technology and product innovation, excellence in research, exceptional competitive strategy and overall market leadership. Trail blazers from power plants, electric drives, electronic chip packaging, pharmaceutical manufacturing execution systems, CCTV and video surveillance, turret mounted weapons and process enhanced engineering plastics sectors were lauded for their accomplishments.

Regarding the Awards, Gary Jeffery, Director - UK Operations, Frost & Sullivan stated, "One of the main aims of Frost & Sullivan is to acknowledge outstanding industry achievements and demonstration of best practices by presenting awards to top companies in regional and global markets. Our industry experts recognise the diligence and innovation required to implement a successful business plan and excel in the increasingly aggressive global marketplace."

Mike Lomax, Sales Manager BRC, Bosch Rexroth, delivered a topical keynote presentation, highlighting pride in being associated with Best Practices demonstrated across this spectrum of Industries. Mr. Lomax commented "We represent 16 world class companies who all are receiving awards for excellence. The direct result of that combined excellence has enabled the people here to contribute to combined sales between us of over €70b/year. Many of us here are engineers or scientists who take great pride in our technical achievements. However due to the everyday work we do not often enough congratulate ourselves in a formal way for the superb products and services we provide to our customers. This evening is a chance to do that."

The event began with a champagne welcoming reception, followed by the Awards Ceremony integrated with Dinner. The evening was capped with after dinner drinks.

The Frost & Sullivan Best Practices Awards Banquet offers unparalleled access to European industry's movers and shakers. Frost & Sullivan acclaimed these market leaders who redefined business standards throughout the course of the year. The next Awards Banquet honoring these industries will be held on 20 November 2008, in London.

Event Schedule

Venue: The Grosvenor Hotel, Victoria, 101 Buckingham Palace Road, London, SW1W0SJ
6:00-7:00 pm: Networking Reception and Registration
7:00-7:20 pm: Welcome Speech and Keynote Address
7:20 pm onwards: Awards Ceremony and Dinner

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting and Growth Team Membership 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.

About Bosch Rexroth

Bosch Rexroth AG (boschrexroth.com) is one of the worldwide leading specialists in the field of drive and control technologies. Under the brand name of Rexroth the company supplies over 500,000 customers with tailored solutions for driving, controlling and moving plant and machinery, which are used in industrial and factory automation as well as in mobile applications. Being The Drive & Control Company, Bosch Rexroth develops, produces and sells components and systems in more than 80 countries. In 2006 the company of the Bosch Group achieved sales of approximately 4.9 billion Euro with over 29,800 employees.

Agency / Source: Frost & Sullivan

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