Frost & Sullivan Recognizes Achievements in Creating New Possibilities for Science and Business
MILFORD, Mass., Oct. 22 /PRNewswire-FirstCall/-- Waters Corporation (NYSE: WAT) today announced that it has been awarded the 2007 Market Leadership Award and the 2007 Product Innovation Award by Frost & Sullivan. The Market Leadership award is in recognition of the Company's success and leadership in liquid chromatography (LC) and acknowledges the results that Waters technologies are having on business performance and on the advancement of science. The Product Innovation Award recognizes the Company's ability to take analytical science to the next level specifically with its laboratory informatics software portfolio and information management platforms.
"Having achieved leadership status in both segments of the U.S. liquid chromatography market, Waters is therefore a complete solutions provider for users employing liquid chromatography as a separations methodology," says Frost & Sullivan Research Analyst Shankar Sellappan, Ph.D. "Moreover, with additional uses and applications being developed for this technology, the company is set to benefit significantly in the future."
"In addition to designing, manufacturing and distributing UltraPerformance LC(R)(UPLC(R)), high performance liquid chromatography (HPLC) and mass spectrometry (MS) instrument systems and associated service and support products, Waters has also become a leading developer and supplier of software- based solutions," notes Frost & Sullivan Research Analyst Dr. Amarpreet Dhiman. "Frost & Sullivan believes that Waters is well placed to develop innovative, business critical software and versatile workflow management solutions by leveraging its leading position in existing markets."
"Receiving this recognition from Frost & Sullivan, is especially gratifying because it confirms our commitment to the success of the laboratory and the organizations that depend on them," said Rohit Khanna, Ph.D., Vice President of Worldwide Marketing, Waters Division. "Our informatics portfolio brings insight and decision-making power to scientific discovery and effective business management and continues to be the preferred choice for industry- leading companies."
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.awards.frost.com.
About Waters Corporation (http://www.waters.com)
Waters Corporation (NYSE: WAT) creates business advantage for laboratory- dependent organizations by delivering practical and sustainable innovation to enable significant advancements in such areas as healthcare delivery, environmental management, food safety, and water quality worldwide.
Pioneering a connected portfolio of separations science, laboratory information management, mass spectrometry and thermal analysis, supported by an expert customer services team, Waters technology breakthroughs and laboratory solutions provide an enduring platform for customer success.
With revenue of $1.28 billion in 2006 and 4,700 employees, Waters is driving scientific discovery and operational excellence for customers worldwide.Media Contacts:
Brian J. Murphy
SOURCE Waters Corporation