The Innovation of the Year Award is presented to the company that has demonstrated excellence in product innovation and performance within their industry. The award was recently announced at a ceremony in Singapore.
"We are pleased to announce that our distinguished panel of judges, comprised of some of the region's most influential decision makers and industry leaders, has selected ZONARE for this prestigious innovation award," said Ms. Reenita Das, Vice President of Asia Pacific Healthcare Practice of Frost & Sullivan. "Zone Sonography is not just an improvement of current ultrasound systems, but a breakthrough that could push ultrasound into a new technological forefront. Coupled with the z.one ultrasound platform, the industry may see changes to ultrasound as we currently know it."
Zone Sonography technology has enabled ZONARE Medical Systems to bring its unique, patented Convertible Ultrasound™ platform to the industry providing premium image quality and performance together with portability at an attractive price to value ratio. Clinicians are able to convert the z.one system at the touch of a button from a full-featured, cart-based system into a compact ultrasound system with the premium image quality and performance of larger and more expensive ultrasound units, yet with the portability of conventional hand carried systems.
The z.one system's Zone Sonography software-based architecture allows its performance to continue to improve as greater processing power becomes available. System upgrades can be downloaded via the internet, allowing for fast, convenient advances in clinical capabilities, enabling clinicians to cost-effectively maintain a state of the art premium ultrasound system.
"Recipients of this award are highly scrutinized and must meet or exceed a number of robust standards," said Ms. Das. "Several companies with medical imaging activities in the region were considered. ZONARE obviously stood out from the rest in our judges' minds."
Frost & Sullivan follows a rigorous measurement-based methodology to select and short list leading companies in the Asia Pacific region as finalists for each Award category. The finalists are then evaluated based on actual market performance indicators. These include revenue growth, market share, market share growth, breadth of services, demonstrated leadership and strategic initiatives.
"We are honored to be recognized for our proprietary Zone Sonography technology by a leading global growth consulting firm," said Donald Southard, president and CEO, ZONARE. "ZONARE is committed to providing flexible, scaleable and cost effective solutions to ultrasound imaging needs in support of excellent patient care. This award helps to substantiate this vision and encourage us in our continued efforts."
About ZONARE Medical Systems
ZONARE Medical Systems, Inc., (zonare.com) is a privately-held company that designs, develops, and manufactures premium performance compact ultrasound solutions, which combine its proprietary technology with an innovative physical design. Zone Sonography technology, ZONARE's unique patented approach to ultrasound imaging, is focused on bringing premium image quality and performance to clinical settings, leading to advanced diagnostic capabilities, portability, cost-effective operation, maintenance and upgrades, and attractive value to clinicians.
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. Frost & Sullivan Awards, introduced globally four years ago, are presented to companies that demonstrate best practices in their industry, commending the diligence, commitment, and innovative business strategies required to advance in the global marketplace.