Frost & Sullivan Names IPS 2008 Asia Pacific Safety Systems Company of the Year

Invensys Process Systems announced that it has been named the winner of the 2008 Frost & Sullivan Asia Pacific Industrial Technologies Award for Asia Pacific Safety Systems Company of the Year. As the supplier of Triconex safety and critical control systems, IPS has the position of world's largest provider of safety control solutions. Approximately 8,000 Triconex systems have been installed worldwide providing more than 450 million hours of safe and reliable operation.

"We are delighted to confer the award for 2008 Company of the Year in the Asia Pacific Safety Systems Market to IPS," said Manoj Menon, Partner and Managing Director, Frost & Sullivan Asia Pacific. "The company has maintained its market leadership position in 2007 and it continues to be the front runner in technology innovation with the continuous introduction of new products into the market."

"Safety systems have a role to play beyond just prevention of hazardous accidents, and IPS provides high accuracy and precision in its safety systems, which guarantee reliability and maximum availability. This has enabled the company to have the highest installed base and the longest uninterrupted operations of safety critical systems in this region," Menon said.

"The Triconex brand is renowned for delivering tangible business value to clients. Customers continue to select IPS as the unique solution that enables them to reduce capital budgets and increase their bottom line during operation," said Mr. Lawrence Wee, President of IPS Asia Pacific. "Triconex is continually evolving, showcasing a full offering of new products that have set the standard for innovation and quality design in the world of safety and critical control. With its fault-tolerant design and unmatched reliability, our clients remain loyal because Triconex delivers the highest possible level of safety."