Intermec Receives Frost & Sullivan Award for Asia Pacific RFID Market Strategy Leadership.SINGAPORE & EVERETT, Wash. -- Intermec Inc., an RFID (Radio Frequency IDentification) A data collection technology that uses electronic tags for storing data. The tag, also known as an "electronic label," "transponder" or "code plate," is made up of an RFID chip attached to an antenna. pioneer and global RFID technology leader, has received an award from Frost & Sullivan for RFID market strategy leadership in the Asia Pacific market for the years 2005-2006. The Frost & Sullivan Award A Sullivan Award may refer to:
The award is based on Frost & Sullivan's thorough understanding of the innovation and diligence required to execute a successful business strategy and achieve distinction in an increasingly competitive global market arena. The award is presented to the company whose market strategy has achieved outstanding performance in 2005. Award nominees were evaluated on a number of critical criteria, including annual market share growth, end-user acceptance of its products, product differentiation Product Differentiation A source of competitive advantage that depends on producing some item that is regarded to have unique and valuable characteristics. , ratio of marketing investment to market share increase and website effectiveness. Frost & Sullivan typically recognizes companies that have applied traditional methods in innovative ways, as well as pushed the envelope with non-traditional methods. The award recipient has to have efficiently allocated resources to improve market share without affecting other performance factors. Frost & Sullivan analysts expect such innovations to produce lasting, precedent-setting trends in the industry. "The 2006 Frost & Sullivan Market Strategy Leadership Award was presented to Intermec for its excellence in establishing itself in the AIDC (Automatic Identification and Data Collection or Capture) Capturing data electronically by scanning bar codes or alphanumeric codes (OCR, MICR), by reading magnetic stripes or by wireless means. See AIM, bar code and RFID. technology space in Asia Pacific," said Parul Oswal, Frost & Sullivan senior research analyst for RFID Technologies, Asia Pacific. "It is a leader in the development, manufacture and integration of wired and wireless automated data collection (and) RFID solutions in the transportation and logistics, consumer goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and and industrial goods industrial goods npl → bienes mpl de producción manufacturing markets. It has accelerated end-user acceptance of both its RFID and non-RFID solutions." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Frost & Sullivan, the Asia Pacific market for RFID (radio frequency identification See RFID. ) tags and readers was estimated at $0.51 billion in 2005 and is likely to reach $ 2.33 billion by 2010. About Intermec Intermec Inc. (NYSE NYSE See: New York Stock Exchange :IN) develops, manufactures and integrates technologies that identify, track and manage supply chain assets. Core technologies include RFID, mobile computing and data collection systems, bar code printers and label media. The company's products and services are used by customers in many industries worldwide to improve the productivity, quality and responsiveness of business operations. For more information about Intermec, visit www.intermec.com. Contact Intermec Investor Relations Investor relations The process by which the corporation communicates with its investors. Director Kevin McCarty at kevin.mccarty@intermec.com, 425-265-2472. 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.awards.frost.com or http://www.healthcare.frost.com |
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