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News and Information Article
PALO ALTO, Calif., Jan. 27 // -- 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 companys 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. GEs 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 & Sullivans 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."
GEs imaginative efforts to bring ever-greater levels of security to
aviation, as well as its work in the public transit space, highlight the
companys 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
GEs 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 companys 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
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