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AUSTIN, TEXAS (August 17, 2005) — Emerson
Process Management has been named the 2005 Process Control & Industrial
Automation Company of the Year by Frost & Sullivan. For
the second consecutive year, Emerson is being recognized for
visionary leadership in the world market and for providing
exceptional technologies and services that enable customers
to improve overall efficiency.
Frost & Sullivan presents the award each year to
the company that has demonstrated excellence in all operations,
including business development, competitive strategy, and leadership
within its industry. The award recognizes the recipient’s
outstanding management, consistent growth, exceptional customer
service, and positive social and economic impact on local and
national communities and customers.
"Financial
growth, product innovation, and superlative customer feedback
are key factors in Emerson’s success,” said
Frost & Sullivan research manager Sath Rao. “The
company delivers on all fronts at a time when most customers
neither have the engineering resources nor the breadth of instrumentation
expertise to manage their plants at optimal efficiency.”
Emerson
continues to grow at a rate higher than the market and to provide
products and solutions with superior project management and execution
skills. The company’s growth
in customer services (nearly 24% in 2004) underscores Emerson’s
ability to provide solutions that impact customer bottom-lines.
The company is acknowledged in the industry as the benchmark
for operational excellence and visionary leadership.
"Emerson
has also capitalized on growth opportunities in emerging markets,” Rao
noted. “Continued growth
in China, eastern Europe, Russia and India will help the company
consolidate its early mover advantage. And, the company’s
PlantWeb® digital plant architecture continues to score
important wins in plants around the globe from such diverse
industry sectors as refining, oil and gas, power, chemical,
and food and beverage.”
In
2004, Emerson Process Management continued its global market
penetration and geographic expansion, increasing its sales
to an all-time high of $3.7 billion.
"With
this award, we also recognize Emerson’s
ability to create winning teams to complement its capacity
for technology innovation,” Rao added. “The company’s
people practices provide its employees with an enabling vision,
empowering them to exceed targets. Their focus on customer
support and responsiveness ensures repeat business.”
Customers
applying the digital process automation technology embedded
within Emerson’s revolutionary PlantWeb continue
to report significant improvement in overall plant operating
efficiency. With a focus on continuing innovation, Emerson
has extended PlantWeb with two industry firsts: a digital
Safety Instrumented System that enables customers to implement
safer process plants and facilities; and Smart Machinery Health™ Management – digital
automation technology that gives operators new insight into
machinery health for improved plant availability and performance.
Emerson
was presented with the award by Frost & Sullivan
at its third annual Excellence in Industrial Technologies
Awards Banquet, which was held May 25 and honored world-class
companies and distinguished individuals for outstanding
performance and achievements in their industries.
About
Emerson Process Management
Emerson Process Management (www.emersonprocess.com),
an Emerson business, is a leader in helping businesses automate their
production, processing and distribution in the power, water and wastewater
treatment, chemical, oil and gas, refining, pulp and paper, food
and beverage, pharmaceutical, and other industries. The company
combines superior products and technology with industry-specific
engineering, consulting, project management and maintenance services.
Its brands include PlantWeb®, Fisher®, Micro Motion®,
Rosemount®, DeltaV™, Ovation® and AMS™ Suite.
About
Emerson
Emerson is
a global leader in bringing technology and engineering together to
provide innovative solutions to customers through its network power,
process management, industrial automation, climate technologies,
and appliance and tools businesses. Sales in fiscal 2004 were $15.6
billion. For more information, visit www.GoToEmerson.com. For more information, visit www.GoToEmerson.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 www.frost.com.
Contact: Stacie Jones; 210.247.2450; Stacie.jones@frost.com
# # #
PlantWeb, Fisher, Micro Motion, Rosemount, Daniel, DeltaV,
Ovation, and AMS are marks of Emerson Process Management. Other
marks are the property of their respective owners.
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