Seoul, June 28, 2016 – Frost & Sullivan today honored and recognized South Korea’s best companies at the 2016 South Korea Excellence Awards banquet.

AhnLab received the Industrial Control Systems Security Technology Innovation award while ECS Telecom was honored with the Unified Communications System Integrator of the Year.

Mr. Hee Sang Koo, Country Head of Frost & Sullivan South Korea said that the South Korea Excellence Awards have identified and recognized best-in-class companies that demonstrated excellence in their respective industries.

“The recipients of the 2016 Frost & Sullivan South Korea Excellence Awards have clearly demonstrated outstanding leadership in their own market segments. We will continue to honor and recognize best-in-class companies in South Korea in the years to come,” he added.

For more details on the 2016 Frost & Sullivan South Korea Awards, log-in to http://www.frost-apac.com/southkoreaawards/ You can also connect with Frost & Sullivan on social media, including TwitterFacebook and LinkedIn, for the latest news and updates. We also invite you to join the conversation using hashtag #FrostAwards.

Frost & Sullivan Excellence 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.

Frost & Sullivan’s intent is to help drive innovation, excellence and a positive change in the global economy by recognizing best-in-class products, companies and individuals.

The recipients of the 2016 Frost & Sullivan South Korea Excellence Awards were identified based on a variety of actual market performance indicators which include revenue growth; market share and growth in market share; leadership in product innovation; marketing strategy and business development strategy.

Frost & Sullivan congratulates all the recipients of the 2016 Frost & Sullivan South Korea Award Recipients:

Award Title Award Recipient
Bottled Water Company of the Year JEJU SAMDASOO (KWANG DONG PHARMACEUTICAL CO LTD)
Competitive Strategy Innovation and Leadership Award in Lighting Industry FINE TECHNIX
Facilities Management Company of the Year SERVEONE
Pharmaceutical Company of the year HANMI PHARM CO LTD
In-Vitro Diagnostics Company of the year SEEGENE INC
Aesthetics Devices Company of the year LUTRONIC
Regenerative Medicine Company of the year MEDIPOST
Hospital of the Year ASAN MEDICAL CENTER
Unified Communications System Integrator of the Year ECS TELECOM
Unified Communications Vendor of the Year ERICSSON-LG ENTERPRISE
Enterprise Telephony System Integrator of the Year GNTEL INC
Work Force Management Market Share Leadership Award HANSOL INTICUBE CO., LTD.
Contact Center Applications Value added Reseller of the Year HANSOL INTICUBE CO., LTD.
Intrusion Detection and Prevention Market  Share Leadership Award WINS
Web Application Firewall Vendor of the Year PENTA SECURITY SYSTEMS
Network Firewall Growth Excellence Leadership Award FORTINET
Industrial Control Systems Security Technology Innovation Award AHNLAB INC

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Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success.

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