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Tuesday, November 16, 2010

BWI: Grameen Foundation and Microsoft bring Microfinance Leadership Summit on Technology to India

Press release from Business Wire India
Source: Grameen Foundation
Wednesday, November 17, 2010 01:00 PM IST (07:30 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology, Media & entertainment; Technology
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Grameen Foundation and Microsoft bring Microfinance Leadership Summit on Technology to India
Summit to Focus on Scaling and Transparency of Microfinance Institutions

New Delhi, Delhi, India, Wednesday, November 17, 2010 -- (Business Wire India) -- Grameen Foundation and Microsoft Corp. today announced the India launch of a joint initiative to help accelerate microfinance's impact on poverty alleviation through the strategic use of technology. As part of this collaboration, which was announced during the Microfinance Leadership Summit in New Delhi, India, Microsoft will donate software worth up to US$1million to eligible microfinance NGOs that attended the event. Titled, "Fueling Growth: Strategic Technology for Microfinance," the summit was cosponsored by Grameen Foundation and Microsoft, in partnership with the ACCESS Deveopment Services of India.

The summit brought together executive management teams from more than 50 leading MFIs to provide them with a new framework for strategically adopting and using technology to expand their financial services to more poor households. Through education and mentorship, Microsoft and Grameen Foundation empowered practicioners with the tools to increase their reach, efficiency and transparency in reporting on financial and social performance indicators. Local programs and resources in India will support MFIs in continuing improvements in their technology investments.

During the summit, attendees also received practical advice on how to effectively use technology. Additionally, they explored new tools and systems that are yet to be fully adopted across the microfinance industry, ranging from business intelligence tools, and mobile computing to automated social monitoring and cloud-based banking systems. Equally important, the summit provided MFIs with the opportunity to forge new relationships with industry partners, service providers and funders they need to maximize their success.

"Every nonprofit is faced with the challenge of doing more with less. Technology can help, but NGOs must advance their technological capabilities, and technology providers must ensure that today's innovations are affordable and accessible," commented Vikas Goswami, Director of Corporate Social Responsibility forMicrosoft. "Microsoft meets this challenge in two key ways. First, by donating software to more than 40,000 nonprofits each year, helping them establish stable and secure IT platforms. Second, by working very closely with key partners that can provide domain or technical expertise to the nonprofit community to make that technology as effective as possible. By working closely with Grameen Foundation, we hope to bring the benefits of technology to microfinance institutions around the world."

"Technology is a critical factor in a microfinance institution's ablility to scale and better serve the poor. Microsoft and Grameen Foundation, as catalysts for change, can help microfinance executives leverage new innovations, like cloud computing, and ensure a measureable return on their technology investments," said Matt Duncan, director of market development for Grameen Foundation's Technology for Microfinance initiative. "With India being one of the most dynamic microfinance markets today, we believe it is critical to demonstrate here how technology can dramtically improve the industry's effectiveness in serving more of the world's poor and increasing transparency in reporting on their work."

The Grameen Foundation's Seattle-based Technology Center has been a leader in spearheading innovative technology solutions for the microfinance industry. As part of its Technology for Microfinance initiative, it has developed Mifos (www.mifos.com), an award-winning cloud-based software service for microfinance. In India, Grameen Foundation works with local developers and other implementation partners to support growing demand in that country.

For more information please visit http://microfinanceleadershipsummit.org

About Microsoft

Founded in 1975, Microsoft (Nasdaq "MSFT") is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

About Grameen Foundation

Grameen Foundation, a global nonprofit organization, helps the world's poorest people lift themselves out of poverty by providing financing, technology support and management strategies to the local organizations that serve them. It also spearheads technology initiatives that create new microbusiness opportunities for the poor and improve the poor's access to health, agricultural and financial information and other services. Founded in 1997, Grameen Foundation has offices in Washington, DC; Seattle, WA; Colombia; Ghana; Hong Kong; the Philippines; and Uganda. Microfinance pioneer Dr. Muhammad Yunus, founder of Grameen Bank and winner of the 2006 Nobel Peace Prize, is a founding member of its Board of Directors, and now serves as director emeritus. For more information, please visit www.grameenfoundation.org.


CONTACT DETAILS
Liselle Yorke, Grameen Foundation, 202-628-3560, ext. 128, lyorke@grameenfoundation.org
Meetali Saxena, Genesis PR, +91 (124) 4086662, meetali.saxena@bm.com

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, IT, MEDIA, TECHNOLOGY

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BWI: A Search for a Rural Toilet Design Begins on 19th Nov – the World Toilet Day

Press release from Business Wire India
Source: FINISH
Wednesday, November 17, 2010 12:30 PM IST (07:00 AM GMT)
Editors: General: Economy, Environment, People, Social issues; Business: Agriculture, Construction, Education & training, Healthcare, biotechnology & pharmaceutical, Household & personal care products & services, Water
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A Search for a Rural Toilet Design Begins on 19th Nov - the World Toilet Day


Delhi, India and France, Netherlands, Wednesday, November 17, 2010 -- (Business Wire India) -- FINISH is launching an "innovation contest" to create new and improved sanitation systems for rural India, with rewards up to Rs. 620,000 (or 10,000 Euros) is up for grab. The contest is being launched on World Toilet Day - 19th Nov 2010. FINISH will incorporate the best innovations generated by the contest in thousands of toilets being installed in rural India under its programme.

It is often said that Safe Sanitation Systems form the last chapter of human development. 1 in every 4 person in the world does not have access to Sanitation. India is a prime illustration.

Indian Space scientists have put machines on the moon, yet 1 in every 2 Indians does not have access to toilets. Everyday 638 million people or about 50% of the population in India resort to open defecation.

There has been progress, from the "Central Rural Sanitation Programme", which was initiated in 1988 by the Government of India, to the "Total Sanitation Campaign" launched in the year 1999. However, according to the 2010 report by UNICEF, on progress in sanitation coverage, even in 2008, 69% of rural Indian population did not have access to toilets.

All private and public sanitation drives suffer from some common problems.

1. The quality of constructed toilets is very poor due to budgetary or time constraints.

2. Toilet designs are often not appropriate for the targeted ecological terrain.

3. A lack of clearly defined "standards" for toilet design is leading to toilets that pollute the environment.

4. Stakeholders do not have adequate awareness and knowledge of sustainable sanitation models.

The FINISH 'Sanitation Challenge Contest' is a serious attempt to find solutions to some of above problems. FINISH, which stands for Financial INclusion Improves Sanitation and Health, with the help of ideaken.com - a collaborative innovation platform provider and other network partners - WASTE, FIN Trust, Ethos India and the World Toilet Organisation have launched an innovation competition to generate new designs in sanitation systems.

The contest is open to all individuals and institutions. Its objective is to arrive at significant, even revolutionary improvements in toilet design, and safe disposal system, specifically suited to different climatic, soil, water table conditions, which will ensure sustainable and safe management of the human waste. This new toilet design will be used to diffuse 1 million safe toilets in India.

A total reward of Rs. 620,000 (or ? 10,000 (Euros)) is being offered by FINISH organization. This will be distributed as ? 6000 (Euros) for an entirely new system and 4 rewards of ? 1000 (Euros) each for 'component' innovations.

The calendar for the contest is as follows:

- Launch of contest - Nov 19, 2011 to commemorate 'World Toilet Day'.

- Last day of submission of entries - March 1, 2011

- Announcement of Results - March 15, 2011

- Award Ceremony - March 22, 2011 to commemorate 'World Water Day' in New Delhi

Below quotes are captured from people in villages, while conducting a research around the challenges of sanitation in rural India.

"The toilet was abandoned because during the rainy season the toilet got clogged." (This tells us that local conditions should be taken into consideration)

"The 3rd toilet was constructed by the NGO even though 2 unused toilets already stand in the same house." (This tells us that just building toilets won't solve the issue)

You can help too

Please diffuse this news to sources you think can contribute to designing this new sanitation system. (Including but not limited to social media sites, news sources, NGOs, SMEs in Sanitation, WC/ Restroom and waste management areas, and Engineering and Design crowd)

For more details please visit www.ideaken.com/finish

The organizing committee of the FINISH Challenge Contest consists of the following members:

Mr. Sadanand Bhave (Director, FINISH) and Mr. Mukul Singhal (Finance officer, FINISH)

Mr. Valentin Post (Controller/ Senior adviser, WASTE)

Ms. (Dr.) Shyama V. Ramani (Founder-Director FIN & Professor UNU and Maastricht Univ)

Ms. Gita Balakrishnan (Founder-Director, Ethos)

Mr. Madhu Mani (Co-founder and Director, Innovator Engagements, ideaken)

About FINISH

Programme FINISH is being implemented since 2009 by an Indian-Dutch consortium comprising banks, insurance companies and NGOs from the two countries. Its objective is to diffuse 1 million sanitation systems (i.e. toilets) to low income communities in rural India through mobilizing funds from end-user households.

To know more about FINISH, please visit http://www.finishsociety.com

To view the photograph, please click on the link given below:

Image for the Readers
For picture(s)/data to illustrate this release click below:

http://www.BusinessWireIndia.com/attachments/Image of the readers.jpg
Image of the readers.jpg


CONTACT DETAILS
Mr. S.V. Bhave, FINISH, +91 9811036326, sadanand8bhave@yahoo.co.in
Mukul, FINISH, +91 9999015192, csenggmukul@gmail.com

KEYWORDS
ECONOMY, ENVIRONMENT, PEOPLE, SOCIAL, AGRICULTURE, CONSTRUCTION, EDUCATION, HEALTHCARE, HOUSEHOLD, WATER

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BWI: New Key Differ Database Improves Efficiency of Castell’s Iso-Lok Range of Lockout Tagout Products

Press release from Business Wire India
Source: Castell
Wednesday, November 17, 2010 10:00 AM IST (04:30 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Heavy industries; Technology; Healthcare
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New Key Differ Database Improves Efficiency of Castell's Iso-Lok Range of Lockout Tagout Products


Mumbai, Maharashtra, India, Wednesday, November 17, 2010 -- (Business Wire India) -- Castell Safety International has launched an improved and more efficient padlock differ recording database for its Iso-Lok range of lockout tagout (LOTO) products.

The Iso-Lok padlock range is designed to uphold the integrity of the user's LOTO safety system by guaranteeing that each padlock on any one site is unique - that each one 'differs' from the others so that it can only be unlocked by the specific key meant for it. This is achieved by supplying each padlock with a distinct barrel which has a differ (key) number associated with that barrel.

Every differ number is stored on the Iso-Lok database, referenced against the customer and the site it was delivered to. This enables the company to very simply and reliably identify differs previously supplied in the past, and therefore prevent any padlock differ duplication.

Iso-Lok is the only company to automatically record differs on a site or company-wide basis rather than just per order, ensuring the validity of and enhancing their customers' safety systems over time. The newly developed database allows the company to process orders more efficiently, trace differs per site more easily, and gather more data more quickly - further improving on the already uniquely beneficial system.

Neal Partridge, Castell's Head of Quality, commented: "The main advantage of this system is that it records the actual operatives and the entries they make into the database, which provides a greater level of verification and validation, and minimises errors. The integrity of this new system has helped to further improve our Quality Assurance process for Iso-Lok padlocks."

About Castell

A subsidiary of Halma p.l.c. with its headquarters in London, UK, Castell Safety International Ltd (www.castell.com) was founded over 85 years ago. It designs and manufactures the world's widest range of industrial safety systems and offers unrivalled experience in trapped key interlocking. The company operates from locations in London (UK), Shanghai (China), Cincinnati (USA) and Cologne (Germany).

About Halma

Halma is an international market leader in safety, health and sensor technology. It is a public company listed on the London Stock Exchange and has over 4000 employees in over 40 subsidiaries worldwide with a total turnover of over US$742m (2009). Halma's subsidiaries make products that protect lives and improve the quality of life for people through innovation in market leading products which make its customers safer, more competitive and more profitable. These subsidiaries are assisting India's economy in areas such as energy, manufacturing, healthcare, water and waste treatment, construction and transport.

Halma recently opened a Hub office in Mumbai. For further news about Halma in India and to subscribe to the Halma India RSS News Feed please visit our blog at: http://halmapr.com/news/india/.

Photo: http://halmapr.com/isolok/iso0110differdatabase.jpg

Castell head office contact details:
Castell Safety International Ltd
The Castell Building, 217 Kingsbury Road
London NW9 9PQ
United Kingdom
Tel: +44 20 8200 1200; Fax: +44 20 8205 0055
E-mail: sales@castell.com
Website: www.castell.com


CONTACT DETAILS
Mr Kuniyur. J. Srinivasan, Country Head & Managing Director, Halma India, +92 (22) 42000700, Srini@halma.com
Damian Corbet, Halma PR Services, +44 20 8511 1821, dcorbet@halmapr.com

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, HEAVY INDUSTRIES, TECHNOLOGY, HEALTHCARE

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BWI: Wipro Infocrossing to open State-of-the-art Data Center in Cleveland County, NC

Press release from Business Wire India
Source: WIPRO
Tuesday, November 16, 2010 08:53 PM IST (03:23 PM GMT)
Editors: Business: Business services, Information technology; Technology
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Wipro Infocrossing to open State-of-the-art Data Center in Cleveland County, NC


Bangalore, Karnataka, India and Leonia, New Jersy, United States, Tuesday, November 16, 2010 -- (Business Wire India) -- Infocrossing, a Wipro Company (NYSE: WIT) and a leading provider of IT infrastructure management services, announced today the company has purchased an existing structure in Cleveland County, North Carolina, and will convert the building to a new, state of the art data center to support its growing IT infrastructure business.

Wipro's new data center will be constructed to meet the Uptime Institute's requirements for a Tier III rating, which defines architecture and redundancy requirements to maintain operations in the event of unplanned system failures. Furthermore, the facility will be designed to meet LEED (Leadership in Energy & Environmental Design) certification. The data center will support all major platforms including mainframe, Windows, Unix, Linux and iSeries, and will house the company's cloud computing services.

"At Wipro Infocrossing, we are always looking for ways to increase the value we deliver to our customers. Our vision for our Cleveland County data center is to not only increase our data center footprint, but build a data center that brings the best infrastructure technology to our clients. Recently, we announced the addition of our new data center in Meerbusch, Germany. Today, we are announcing our plans to build in Cleveland County, NC. Wipro Infocrossing is committed to building localized and global delivery capabilities, something which we, and our customers, believe differentiates us from our competitors," stated Sameer Kishore, President of Wipro Infocrossing.

"Our ever-expanding data center solutions have become a key component for us when competing for large outsourcing engagements. The addition of our state-of-the art CLeveland County data center will enhance our capabilities and capacity, positioning us for greater marketshare" added Martha Bejar, President, Global Sales and Operations, Wipro.

Wipro Infocrossing, has been providing comprehensive IT management solutions for large and mid-size enterprises for more than 25 years, and operates world-class data centers globally. The company has expertise across multiple computing environments and platforms, including mainframes, iSeries, Unix, Windows and Linux servers, and offers an array of delivery models from custom solutions delivered in Infocrossing's data centers, to remote management and cloud computing.

About Wipro

Wipro Technologies, a division of Wipro Limited (NYSE:WIT) is the first PCMM Level 5 and SEI CMM Level 5 certified global IT services organization. Wipro Technologies was recently assessed at Level 5 for CMMI V 1.2 across offshore and onsite development centers. Wipro is one of the largest product engineering and support service providers worldwide. Wipro provides comprehensive research and development services, IT solutions and services, including systems integration, information systems outsourcing, package implementation, software application management, and datacenter managed services to corporations globally.In the Indian market, Wipro is a leader in providing IT solutions and services for the corporate segment in India, offering system integration, network integration, software solutions and IT services.

Wipro also has a strong presence in niche market segments of consumer products and lighting. In the Asia-Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro's ADS' are listed on the New York Stock Exchange, and its equity shares are listed in India on the Stock Exchange - Mumbai, and the National Stock Exchange.

For more information, please visit our website at www.wipro.com

About Infocrossing, a Wipro Company

Infocrossing, a Wipro Company, is a provider of selective IT infrastructure, enterprise application and business process outsourcing services delivering the computing platforms and proprietary systems that enable companies, regardless of industry, to process data and share information within their business, and between their customers, suppliers and distribution channels. Leading companies leverage Infocrossing's robust computing infrastructure, skilled technical team, and process-driven operations to reduce costs and improve service delivery by outsourcing the operation of mainframes, mid-range, open system servers, networks and business processes to Infocrossing.

Forward-looking and Cautionary Statements

Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property, and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.



Media Contacts:

Wipro Technologies

India:
Radhika Mahadevan
Wipro Technologies
+91- 9945042603
radhika.mahadevan@wipro.com

Purvika Anand
Gutenberg Communications
+91 9901134441
purvika@gutenbergpr.com

US:
Kathleen Ulrich
Wipro Technologies
+1 (732) 509-1337
kathleen.ulrich@wipro.com

Lavanya DJ
Gutenberg Communications
+1 (212).239.8740
lavanya@gutenbergpr.com

UK:
Rahul Kadavakolu
Wipro Technologies
+44 792 020 5496
rahul.kadavakolu@wipro.com

Shalini Siromani
Gutenberg Communications
+44.79.6066.3200
shalini@gutenbergpr.com



KEYWORDS
BUSINESS SERVICES, IT, TECHNOLOGY

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BWI: Silvan to Unveil their New Logo

Press release from Business Wire India
Source: Silvan Innovation Labs
Tuesday, November 16, 2010 05:15 PM IST (11:45 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Household & personal care products & services, Information technology, Media & entertainment; Technology
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Silvan to Unveil their New Logo
Turnover to increase by 10 crores next year

Bangalore, Karnataka, India, Tuesday, November 16, 2010 -- (Business Wire India) -- Silvan Innovation Labs, A leading IP (Internet Protocol) Video Security and Home Automation Product Company, today unveiled their new logo at a press conference while announcing their investment and strategic growth plans. With the corporate office in Bangalore, Silvan aims to set up offices in New Delhi, Kolkata & Mumbai in the coming months.

The concept of the new logo is infinity. The colour blue in the logo represents technology. So the logo implies intelligent technology plus innovation multiplied to the power of infinity.

Silvan Innovations Labs provides solutions for video surveillance systems using high-end embedded video analytics technology. Silvan has developed key technology components that will deliver Intelligent IP-based distributed video surveillance systems which will provide reliable, always-on surveillance even in the presence of unreliable infrastructure like power and network outages. The intelligence achieved through embedded analytics will be a key and significant differentiator for addressing the heightened and enhanced security requirements of the market.

At the launch, Dr. M. Giridhar Krishna, CEO said, "We are on track to achieve a turnover of Rs 2 Crores in 2010-11 and based on the products that we will be delivering to the market in the next quarter; our revenues are expected touch Rs 12 crores in 2011-12. We are also looking at bringing in investment of the order of Rs 10 crores over the next year to grow our business. And expect to achieve revenues of Rs 50 crores by the year 2014-15".

Avinash K Gautam, VP, Security and Automation Business added on the occasion "We have a strong R&D team with skills in Hardware, Software and Systems. We will continue to build our R&D team in Bangalore but will set up Sales, marketing and Support teams in the NCR, Mumbai and Kolkata in the coming months. We will look at setting up an Office in the US at the appropriate time".

Since its incorporation in June 2008, Silvan has been developing key technology components for IP- based video surveillance and home automation systems, keeping in mind the Indian conditions and the needs of the Indian customer. Silvan management shares a common vision to become a premier player in their industry. Their total commitment to offer overall excellence in providing excellent products combined with first-class service has resulted in their bagging many national and international clients. Silvan has also deployed installation of a IP based Video Surveillance System in several gas outlets of a large gas company in Delhi, a large factory in Bangalore, and several retail outlets.

Home Automation has seen tremendous growth in India. Silvan started working on this business with their SMRUN product from April this year. They are now executing large orders to install SMRUN systems in apartment complexes in Chennai, Delhi and Bangalore. The successful installation in all 3 locations means that Silvan is poised for exponential growth in this business.

Silvan Security is our digital eye where we not only manufacture video surveillance and home automation products, but we also possess the capability to integrate the products with the current system. As Silvan believes in customer satisfaction, we provide customised solutions with our rich experience. With Silvan's smart sync technology, stylize your home and make your life more comfortable with our perfect home automation products".

Silvan aims to be the number one Internet Protocol (IP) Video Surveillance OEM supplier in India and eventually supply to the world market

About Silvan Innovation Labs:

Silvan Innovation Labs is a Bangalore based electronic products and solutions Company that specializes in video surveillance, analytics and home automation solutions. The expertise of Silvan Labs comes from the founding members of the company who are the veterans of the technology industry in India. Equipped with extensive experience in building products in the embedded systems domain involving digital signal processing, video, audio and image processing the company provides a host of services to the private and public sector.


CONTACT DETAILS
Shweta Sarkar Ghosh, brand-comm, +91 9740442026, Shweta@brand-comm.com

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, HOUSEHOLD, IT, MEDIA, TECHNOLOGY

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BWI: Frost & Sullivan to Honor Industry’s Top Achievers at 2010 India Excellence in Chemicals, Materials, and Food Awards

Press release from Business Wire India
Source: Frost & Sullivan
Tuesday, November 16, 2010 03:35 PM IST (10:05 AM GMT)
Editors: General: Consumer interest, Food & drink; Business: Advertising, PR & marketing, Business services, Chemicals, Media & entertainment
--------------------------------------------------
Frost & Sullivan to Honor Industry's Top Achievers at 2010 India Excellence in Chemicals, Materials, and Food Awards


Mumbai, Maharashtra, India, Tuesday, November 16, 2010 -- (Business Wire India) -- The Indian Chemicals, Materials, and Food (CMF) Industry is witnessing rapid growth with companies demonstrating best practices in a variety of regional and global markets. To recognize superior planning and execution of product launches, strategic alliances, distribution strategies, technological innovations, customer service, etc., Frost & Sullivan presents the 2010 India Excellence in Chemicals, Materials, and Food Awards on 6th December at Hyatt Regency, Mumbai.

Frost & Sullivan - 2010 India Excellence in Chemicals, Materials, and Food Awards identify and recognize prominent companies in the Chemicals, Materials, and Food Ingredients sectors for their significant contributions in the areas of product and service. These Awards recognize the distinction of products and services with respect to customer value, competence, features and functionality, customer focus, etc, with a host of other crucial factors such as leadership, strategy, growth, innovation, integration, and reliability. The nominees and award recipients have been identified through a diligent process taking into consideration perspectives of customers, experts, and thought leaders within the industry along with Frost & Sullivan's knowledge base.

Speaking on the CMF industry, Mamta Wadhwa, Senior Director - Chemicals, Materials and Food Practice, South Asia and Middle East, Frost & Sullivan, says, "Our best practices research went beyond the top 10 players in the industry and the MNCs to identify mid-sized domestic players who have achieved operational and functional excellence in their own specific fields of business. We came across companies who have demonstrated product leadership positions across the world, some of which are driven by first generation entrepreneurs."

The Voice of Customer Award Series involves a multi-tier process wherein excellence in industry is gauged through ratings provided by end-user companies. The initial stage involves identification of key suppliers; end users of the supplier's products are then interviewed focusing on a sample that accounts for the majority of the total market share.

The next stage of analysis includes a statistical and analytical model wherein a panel of in-house Frost & Sullivan CMF experts examine and compute critical parameters determining product innovation/ quality / customer service for each product category. A rating on these parameters is gathered from respondents on the importance and relevance in the purchasing and decision-making process. The final ratings are averaged across respondents to arrive at a mean score. Suppliers with the highest scores are then nominated for the award and analyzed further to determine the winner.

The jury-based Awards are based on the premise of nominations from industry experts from various sectors of the Chemicals, Materials, and Food Ingredients industry. Further, Frost & Sullivan analysts track company revenues, growth, dynamics, market share, etc. for the nominated companies. Specific criteria are used to ascertain the final competitor ranking in each industry. Post this, final analysis is viewed and then the jury of Industry experts determines awardees.

"Frost & Sullivan Best Practices Awards identify exemplary achievements within a multitude of industries and functional disciplines. The analysis on best practices identifies companies, products, processes, and executives that have achieved excellent performances. This research is an invaluable source to companies for new ideas to improve strategies and processes, which ultimately drive corporate growth," added Mamta Wadhwa.

Beverages and Food World, Chemical weekly, Chemical World, Modern Packaging and Design, Modern Food Processing, and Modern Plastics and Polymers are the honorable Media Partners for the Awards. To know more about this event, please log on to www.frost.com/2010cmfawards

The Award titles to be recognized at Frost & Sullivan 2010 India Excellence in Chemicals, Materials, and Food Awards are:

VOICE OF CUSTOMER AWARDS

PRODUCT EXCELLENCE
Product Excellence in Pharma Additives
Product Excellence in Paint Additives
Product Excellence in Water Treatment Chemicals
Product Excellence in Special-Effect Pigments
Product Excellence in Adhesives (Water Based)
Product Excellence in Coatings
Product Excellence in Polymer Additives
Product Excellence in Process Chemicals
Product Excellence in Specialty/ High Performance Plastics

CUSTOMER SERVICE EXCELLENCE
Customer Service Excellence in Pharma Additives
Customer Service Excellence in Water Treatment Chemicals
Customer Service Excellence in Polymer Additives
Customer Service Excellence in Packaging (Film Convertors)
Customer Service Excellence in Auto Lubricants

PRODUCT AND CUSTOMER SERVICE EXCELLENCE
Product and Customer Service Excellence in Personal Care Additives
Product and Customer Service Excellence in Personal Care Actives

PRODUCT INNOVATION
Product Innovation in Flavors
Product Innovation in Enzymes

PRODUCT QUALITY LEADERSHIP
Product Quality Leadership in Flavors

PRODUCT INNOVATION AND QUALITY EXCELLENCE
Product Innovation and Quality Excellence in Functional Ingredients
Product Innovation and Quality Excellence in Food Additives
Product Innovation and Quality Excellence in Protein Ingredients
Product Innovation and Quality Excellence in Vitamins and Minerals

JURY AWARDS
Ingredient/Product of the Year Award
Green Excellence Award
Excellence in Regulatory Compliance
Best Managed Company of the Year
Emerging Company of the Year

About Frost & Sullivan - "We Accelerate Growth"

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 more than 40 offices across six continents. To join our Growth Partnership, please visit http://www.frost.com.


CONTACT DETAILS
Anish Charles Corporate Communications, South Asia, Frost & Sullivan, +91 (22) 40013419, anishc@frost.com
Nimisha Iyer Corporate Communications - South Asia, Middle East, and North Africa, Frost & Sullivan, +91 9820050519, niyer@frost.com

KEYWORDS
CONSUMER, FOOD, MARKETING, BUSINESS SERVICES, CHEMICALS, MEDIA

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