Frost & Sullivan Recognizes Excellence in Medical Technologies & Life Sciences

MOUNTAIN VIEW, Calif., March 24 /PRNewswire/ -- Frost & Sullivan, the Growth
Partnership Company, honored recipients of its 2009 Excellence in Medical
Technologies & Life Sciences Awards at a banquet held on Wednesday, March 18,
2009 in San Francisco.

(Logo: http://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO)

"We are honored to recognize these companies for their effective strategy and
leadership in the healthcare and technology industries," stated Art Robbins,
President, North America, Frost & Sullivan. "On behalf of the analyst team
that selected these recipients, we are confident that a new level of care will
result from these companies' dedication to innovation in the diagnosis,
treatment, and management of disease. Such innovation leads to not only more
efficiency in the delivery of healthcare, but also to more favorable patient
outcomes."

The Medical Technologies & Life Sciences Awards are given to companies that
have made a significant contribution to the pharmaceutical, biotech, drug
discovery, clinical diagnostics, medical imaging, and medical device
industries. Such companies have shown success at meeting the needs of
patients and other stakeholders in the healthcare industry, while building
world-class companies with strong management teams.

Awarded companies and individuals included:

Accelrys -- 2009 North American Scientific Business Intelligence (Sci-Bi)
Pharmaceutical and Biotechnology Growth Strategy Leadership Award
ApaTech -- 2009 North American Device Biologics Company of the Year Award
Aurora Imaging Technology, Inc. -- 2009 North American Magnetic Resonance
Imaging (MRI) Scanners Vertical Market Penetration Leadership Award
Biotrove -- 2009 North American Drug Discovery Technologies Growth Strategy
Leadership of the Year Award
Carl Zeiss Meditec -- 2009 North American Optical Imaging Technologies in
Clinical Diagnostics Market Leadership Award
CeloNova BioSciences, Inc.-- 2009 North American Interventional Cardiology
Product Innovation of the Year Award
Covidien -- 2008 North American RFID-Based Biological Delivery Systems Product
Innovation Award
Epinex Diagnostics, Inc. -- 2009 Global Diabetes Diagnostics Excellence in
Research Award
ESBATech -- 2009 North American Ophthalmic Pharmaceuticals Technology
Innovation of the Year Award
GE Healthcare -- 2009 North American Medical Imaging Growth Strategy
Leadership of the Year Award
Gregory T. Lucier, CEO, Life Technologies -- 2009 North American Drug
Discovery Technologies CEO of the Year Award
ICON Clinical Research -- 2009 North American Contract Research Organizations
Business Development Strategy Leadership of the Year Award
Intel Corporation -- 2009 North American Home Health Devices Product of the
Year Award
Joe E. Kiani, CEO, Masimo -- 2009 North American Patient Monitoring CEO of the
Year Award
Life Technologies -- 2009 North American Drug Discovery Technologies Company
of the Year Award
Magellan Biosciences -- 2009 North American Point of Care Heavy Metal Toxicity
Testing Product Innovation Award
Nanopoint, Inc. -- 2009 North American Cell Imaging Solutions Product
Innovation of the Year Award
Naviscan, Inc. -- 2009 North American Medical Imaging Emerging Technology of
the Year Award
Neotropix, Inc. -- 2009 North American Biopharmaceutical Product Innovation of
the Year Award
Nephros, Inc. -- 2009 North American Medical Device Patient Care Company of
the Year Award
Nomir Medical Technologies, Inc. -- 2009 North American Advanced Microbial
Destruction Technology Innovation of the Year Award
Novagali Pharma Sa -- 2009 North American Ocular Drug Delivery Industry
Innovation & Advancement of the Year Award
Ovation Pharmaceuticals, Inc. -- 2009 North American Pharmaceuticals &
Biotechnology Entrepreneurial Company of the Year Award
Phase Forward -- 2009 Global Scientific Business Intelligence in
Pharmaceuticals and Biotechnology Product Line Strategy Award
Philips Healthcare -- 2009 North American Medical Imaging Product Innovation
of the Year Award
Philips Healthcare -- 2009 North American Patient Monitoring Company of the
Year Award
Pioneer Surgical Technology, Inc. -- 2009 North American Orthopedic Tissue
Engineering Technology Innovation of the Year Award
Seno Medical Instruments, Inc. -- 2009 North American Medical Imaging Emerging
Company of the Year Award
Sentinelle Medical -- 2009 North American Magnetic Resonance Imaging (MRI)
Scanners Excellence in Technology Award
Siemens Healthcare -- 2009 North American Magnetic Resonance Imaging (MRI)
Scanners Market Leadership Award
Strategic Healthcare Programs, LLC -- 2009 North American Remote Patient
Monitoring Growth Enabling Technology Award
ValveXchange, Inc. -- 2009 North American Prosthetic Heart Valves Technology
Innovation of the Year Award
Veran Medical Technologies, Inc. -- 2009 North American Image Guided Therapy
Technology Innovation of the Year Award
Zecotek Photonics, Inc. -- 2009 North American PET and PET/CT Enabling
Technology Award

Frost & Sullivan's Best Practices Awards recognize companies in a variety of
regional and global markets for demonstrating outstanding achievement and
superior performance in areas such as leadership, technological innovation,
customer service, and strategic product development. 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.

For further information on the Awards Banquet or recipients, or for digital
photos, please contact Jake Wengroff, jake.wengroff@frost.com.

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to
accelerate growth and achieve best in class positions in growth, innovation
and leadership. The company's Growth Partnership Service provides the CEO and
the CEO's Growth Team with disciplined research and best practice models to
drive the generation, evaluation and implementation of powerful growth
strategies. Frost & Sullivan leverages over 45 years of experience in
partnering with Global 1000 companies, emerging businesses and the investment
community from 31 offices on six continents. To join our Growth Partnership,
please visit http://www.frost.com.

Contact:
Jake Wengroff
210.247.3806
jake.wengroff@frost.com

SOURCE Frost & Sullivan

Jake Wengroff, Frost & Sullivan, +1-210-247-3806, jake.wengroff@frost.com