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Emerson named Process Control & Automation Company of the Year and China Market Leader by Frost & Sullivan

Miami, Florida (May 20, 2004) — Frost & Sullivan has recognized Emerson Process Management with the dual honors of 2004 Process Automation Company of the Year, and Market Leadership in China. Emerson received the awards during Frost & Sullivan's 2004 Excellence in Industrial Technologies Awards Banquet.

Emerson's continued success in deploying its PlantWeb® technologies and services that enable customers to increase process efficiency and positively impact their bottom line clearly places the company as the global industry leader.

Emerson Process Management has consistently demonstrated the ability to deliver quality engineering, and has emerged as the number one control company in China. Replicating its success in the global markets, Emerson has carved a niche for itself in China in a well-orchestrated and cohesive manner, reports the global consulting firm.

PlantWeb digital technology and its DeltaV™ process automation systems have been successfully installed in several greenfield installations in China, and have earned excellent customer testimonials. In power utilities and water treatment industries, Emerson's multi-network Ovation® control systems have been able to deliver commendable performance in process control, and plant monitoring and control. Ovation has integrated effectively with management information systems and third-party plant protection systems.

In China, customers across diverse industries have consistently rated Emerson a "high" on parameters of product quality, service delivery, application knowledge and project delivery. Post-project commissioning customer support has also been a hallmark. Customers have also reported high satisfaction with the company on parameters of response time and the ability to solve problems in the first call.

The Company of the Year award recognizes the company that has demonstrated unparalleled excellence in terms of business development, competitive strategy, and customer service leadership within the industry. The award acknowledges outstanding management, consistent growth, high-quality products and services as well as a positive social and economic impact on local and national communities.

Emerson has clearly demonstrated visionary leadership and the ability to capitalize on growth opportunities in markets around the world. Its customers have reported improvement in plant efficiency parameters by deploying Emerson products, systems, and services aimed at improving overall efficiency levels. Experts apply the process automation systems technology embedded within Emerson's PlantWeb digital plant architecture, including its capability to use predictive intelligence to improve plant performance.

"Thanks to its ability to deploy its PlantWeb services and technology in customer installations in Asia, Emerson is likely to improve its leadership position in the coming decade," said Sathyajit Rao, team leader and industry analyst with Frost & Sullivan. "The company has displayed visionary leadership and long-term commitment to the Chinese market. Emerson has developed manufacturing competency in China and has been able to capitalize on in-country world-class engineering capabilities, to develop winning solutions for its customers."

By offering the latest generation technologies and advanced control solutions to customers, Emerson Process Management will help propel China to compete with leading global players. Emerson has the most mature value proposition for customers. Its visionary leadership, ability to create value-enhancing solutions for its customers, and ability to achieve superlative customer satisfaction levels has made Emerson the automation market leader in China, and has likely ensured its sustained pace of growth.

In 2003, Emerson Process Management continued its market penetration and geographic expansion despite ongoing weakness in the U.S. markets, and achieved a business sales turnover of $3.4 billion. Emerson continues to expand in Asia, particularly in China where its early mover advantage has the potential to positively impact future earnings.

On the whole, Emerson's visionary leadership, ability to create value-enhancing solutions for its customers, and excellent customer satisfaction levels are likely to ensure the company's sustained pace of growth.

About Emerson Process Management

Emerson Process Management (www.emersonprocess.com, www.emersonprocess.com.cn), an Emerson business, is a leader in helping businesses automate their production, processing and distribution in the chemical, oil and gas, refining, pulp and paper, power, 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®, Daniel®, DeltaV™, Ovation®, and AMS™ Suite.

About Emerson

St. Louis-based Emerson (www.gotoemerson.com) is a global leader in bringing technology and engineering together to provide innovative solutions to customers in process control; electronics and telecommunications; industrial automation; heating, ventilating and air conditioning; and appliance and tools. Sales in fiscal 2003 were $14 billion.

About Frost & Sullivan

Founded in 1961, Frost & Sullivan is recognized as a global leader in growth consulting. Frost & Sullivan Awards are presented to companies that demonstrate excellence in their industry, commending the diligence, commitment, and innovative business strategies required to advance in the global marketplace. Frost & Sullivan rigorously analyzes specific criteria to determine award recipients in a vast variety of market industries and landscapes. For further information, visit www.frost.com.

 


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Last Updated 04/21/08


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