YEA 2008 Press Releases-01

SINGAPORE, 25 May 2008 - Yokogawa Engineering Asia is pleased to announce that six Yokogawa group of companies in Asia Pacific have won six prestigious Frost & Sullivan Market Leadership Award for Distributed Control System (DCS) under the Industrial Process Control Category for Singapore, Indonesia, Malaysia, Australia and New Zealand, and Market Leadership Award for DCS and Automation and Software in Thailand.

Frost & Sullivan, a growth consulting company, recognized Yokogawa as the market leader for its legendary CENTUM DCS in six countries in Asia Pacific because of its market share, extensive market adoption, growth trends as well as excellence in technology innovation.

The recipients of the Frost & Sullivan Industrial Process Control Award/Category are:

The Award Ceremony was held on 25^th April 2008 at the Mandarin Oriental Hotel, Kuala Lumpur, Malaysia.

In his award acceptance speech, Mr Kersi Aspar, Executive Vice President of Yokogawa Engineering Asia, expressed delightfully, “The Market Leadership Award firmly endorses our commitment to technology innovation and our unparalleled customer care. Yokogawa’s leadership position is the result of our commitment to customers through reliable products, committed and experienced people, and life cycle support services. We are thankful to all our valued customers for their support and confidence, and we will continue to serve the industry in the years to come. On behalf of Yokogawa Indonesia, Malaysia, Singapore, Thailand, Australia, and 3500 employees in this region, I thank Frost & Sullivan for awarding this great honour to Yokogawa.”

According to Satish Lele, Director, Industrial Practice at Frost & Sullivan, “This year Frost & Sullivan launched country specific analysis of the markets in Southeast Asia, which allowed us to understand the dynamics and future trends of the region and its implication for automation companies. As 2007 was another strong year for business, many automation players have responded with significant investment in the region. Through these awards we recognise some of these best companies who have demonstrated excellence in products, service and technology to emerge as market leaders.”

The Frost & Sullivan Industrial Technologies Awards, which seek to identify and credit the best practices in the industry segments, are offered to companies after careful review and evaluation to reflect the current market landscape inclusive of the emerging technology trends. The Awards are based on extensive market engineering tools in which 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. 

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 About Yokogawa Electric Corporation

Yokogawa's global network of 19 manufacturing facilities and 89 companies spans 32 countries. Since its founding in 1915, the US$4 billion company has been engaged in cutting-edge research and innovation, securing more than 7,500 patents and registrations, including the world's first digital sensors for flow and pressure measurement. Industrial automation and control, test and measurement, information systems and industry support are the core businesses of Yokogawa.

For more information about Yokogawa, please visit our web site at www.yokogawa.com.

About Yokogawa Engineering Asia Pte Ltd

Yokogawa Engineering Asia Pte Ltd is a subsidiary of US$4 billion Yokogawa Electric Corporation, Tokyo, a global leader in the manufacture and supply of instrumentation, process control, and automation solutions. It is the Regional Business Headquarters for sales, engineering, services and research & development for Asean countries, Australia, New Zealand and Pakistan. Yokogawa Engineering Asia is the Global Center of Excellence for engineering (Global Engineering Solution Centre), solution services (Production Excellence Solution Center) and research & development (Singapore Development Centre).

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's Growth Partnership Services, 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.