GE Security Named 2006 Homeland Security Company of the Year By Frost & Sullivan29 January 2006
Frost & Sullivan today recognized GE Security as its 2006 Homeland Security Company of the Year award winner. This Award is presented in recognition of the company's exceptional commitment, innovation and leadership in the area of homeland security. Through its actions, GE has demonstrated it is not content with simply contributing individual products to this critical global market, but instead strives to become 'the' homeland security company with integrated technologies and solutions to better protect people from threats not yet envisioned or realized. GE's work to develop new approaches to homeland security is based on its belief that individual equipment, integrated as an afterthought, is costlier and less effective than a single, integrated solution. "GE employs some of the brightest and most creative minds in the world whose work, in turn, helps preserve the security of the United States and the many other 'homelands' of this global company," said Frost & Sullivan research analyst Matthew Farr. "Through acquisition, innovation, and partnerships, GE Security truly embodies the idea of 'imagination at work' in homeland security." "GE Security is pleased and honored by Frost & Sullivan's recognition of our efforts to develop and implement solutions that make the world a safer place," said A. Louis Parker, president and CEO, GE Security. "World events have clearly dictated the urgent need for more and better use of technology to improve security and GE is leveraging its deep security expertise, and vision for the future, to offer such practical real-world security solutions." GE's imaginative efforts to bring ever-greater levels of security to aviation, as well as its work in the public transit space, highlight the company's commitment to and leadership in homeland security. While some companies have performed well in niche markets, no company has the depth and variety of homeland security products and technologies that GE employs. Homeland security represents a fast-growing and profitable market that will continually evolve, with GE currently leading in solutions and innovation. GE Security recently unveiled a first-of-its-kind "Checkpoint of the Future" laboratory it expects will identify, develop and make available technology solutions that will help to make air travel safer, security potentially less costly and negotiating passenger checkpoints more convenient. The company also recently announced its intention to create new design concepts for the integration of explosives detection technologies into automatic fare collection systems used in public transportation. This is expected to create design concepts for advanced integrated products to help make passenger travel on public transit systems safer. Frost & Sullivan presents its Company of the Year Award to a company that has excelled in all operations within its industry. This company is perceived to exhibit outstanding management, consistent growth, and positive social and economic impact on local and national communities and customers. About General Electric Security GE's Security business is a wholly owned subsidiary of the General Electric Company (NYSE: GE) focused on communication and information technologies for security, safety and lifestyle enhancements. GE Security has operations in more than 30 countries and is represented by some of the best- known brand names for intrusion and fire detection, access and building control, video surveillance, explosive and drug detection, key management and structured wiring. For more information about GE Security and our product offerings, please visit http://www.gesecurity.com . Contact: Steve Hill 510.364.7594 steve.hill1@ge.com 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.frost.com . Contact: Stacie Jones 210.247.2450 Stacie.jones@frost.com
Source: prnewswire
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