PerkinElmer India Pvt. Ltd. receives Frost and Sullivan 2008 Laboratory Analytical Instruments Ma

Waltham, Jan 16 (ANI/Business Wire India): PerkinElmer, Inc., a global company focused on improving the health and safety of people and the environment, has announced that it has won the Frost and Sullivan 2008 Laboratory Analytical Instrument Growth Excellence Award for the success of its operations in India.

The award is one of five presented to companies in the Indian test and measurement equipment market.

The Frost and Sullivan Growth Excellence Award is bestowed upon a company that has demonstrated excellence in implementing and sustaining growth within shipments, revenues, and profitability.

It recognizes a business that has proved the ability to show annual market share growth in a saturated or matured market.

A recipient of the award must have excelled in revenue and profit margin growths through effective sales and marketing strategies, a competitive pricing model as well as through discovering new sales avenues for its established products

"We are honored that Frost and Sullivan has recognized the successes of our business in India," said Fedja Bobanovic, president, PerkinElmer India.

"India's flourishing life and analytical science market and enhanced business infrastructure makes it one of the fastest growing markets for our Company. We are committed to working and growing in the region, and expect continued strong revenue growth in India over the next several years," added Fedja.

PerkinElmer India, a wholly-owned subsidiary of PerkinElmer, Inc., operates as a direct sales, service and marketing operation targeting India's thriving life science and analytical instrumentation markets.

PerkinElmer India serves approximately 1500 customers across various industries, including pharmaceutical, government, environmental, petrochemical and chemical.

The Company provides precision instrumentation, testing systems and components, software and services for a wide range of scientific and industrial laboratory applications. Its products are used in predictive diagnostics, personalized medicine and environmental monitoring. (ANI)