Frost & Sullivan Reports 140 % Growth in Eastern Europe, Russia and the CIS in 2009

LONDON, March 22, 2010 - Thanks to its uniquely synergistic approach, broad regional understanding
and long-term commitment to its clients, international growth partnership
firm Frost & Sullivan was able to defy the tides of the recent economic
downturn and grow its Eastern European revenue by 140 percent in 2009, while
trebling its client portfolio in the region.

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This news comes as the company celebrates the start of its fourth year as
the leading source for long-term growth solutions for companies doing
business in Eastern Europe, Russia and the Commonwealth of Independent States
(CIS). Since its inception in late 2006, Frost & Sullivan's Warsaw office has
grown by leaps and bounds, and today, together with the newly-opened office
in Moscow, staffs well over fifty in-house specialists and offers full access
to over 700 global sector consultants and analysts delivering cutting-edge
consulting, research, and growth strategies to international and regional
clients alike.

"Frost & Sullivan came in at the right moment, with the right
understanding, and the right attitude," says Beatrice Shepherd, Frost &
Sullivan's Director for CEE, Russia & CIS. "Our priority is to help Russian
and East European companies enter the global market and ensure their
long-term success. We commit to our clients for the long-run, with tangible
results."

This long term commitment means that over 80 percent of the company's
focus in the region is growth consulting, including business development,
sales & distribution, marketing, product planning and development. Key
project areas and competence include competitive analysis, M&A target search,
profiles and due diligence, business opportunity analysis, growth strategy
development, and operational support.

Frost & Sullivan is one of the first consultancy firms to focus so
closely on Russia and the CIS and is tactically poised to provide the
accurate, timely and objective information necessary to enter and thrive in
this challenging economy. This capability was further enhanced with the
opening of the new Moscow office in 2009.

A significant portion of Frost & Sullivan's work in Russia revolves
around helping companies enter and grow in the high tech sector. "So many of
our clients in Russia have the potential and the desire to be global
players," says Beatrice Shepherd. "By helping them improve their technical
knowledge, transfer, and leverage our presence in their markets of interest,
we intend to secure their long term success and push them to the top of
Fortune 500.

As the only CEE country with a positive GDP in 2009, Poland presented a
wealth of opportunities to circumnavigate the global economic crisis. Frost &
Sullivan helped local firms understand the need to grow and adapt while
international players were encouraged to increase investment. Moreover, the
privatisation of the chemical and healthcare markets as well as developments
in the areas of ICT, energy and the environment, offered strong prospects for
restructurisation, investment, new technology and product development and
market consolidation.

Of particular interest in Poland is the accelerating transformation of
the energy sector. Legal and organisational changes, ownership changes, EU
legislation requirements, long over-due investment and modernisation needs
are all attracting many local and international firms. "Investors are
certainly interested in renewable energy sources, primarily in the
development of onshore and offshore wind energy projects, as well as the
construction of biogas plants in the country. However, they are also
attracted by the increasing focus on clean coal technologies, replacement of
the outdated installed capacity and by the further consolidation of local
entities and the on-going privatization process of four major energy groups,"
says Maciej Jeziorski, Frost & Sullivan Industry Analyst in the Energy &
Power Systems Group.

For more information on Frost & Sullivan's operations in the CEE, Russia
and CIS regions, please email Chiara Carella, Corporate Communications, at
chiara.carella@frost.com with your full contact details.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to
accelerate growth and achieve best-in-class positions in growth, innovation
and leadership. The company's Growth Partnership Service provides the CEO and
the CEO's Growth Team with disciplined research and best practice models to
drive the generation, evaluation and implementation of powerful growth
strategies. Frost & Sullivan leverages over 45 years of experience in
partnering with Global 1000 companies, emerging businesses and the investment
community from more than 40 offices on six continents. To join our Growth
Partnership, please visit www.frost.com.

    CONTACT:
    Chiara Carella
    Corporate Communications -
    Europe
    P: + 44-(0)-207-3438314
    M: +44-(0)-7533017689
    E: chiara.carella@frost.com

www.frost.com

Chiara Carella, Corporate Communications - Europe, of Frost & Sullivan, +44-(0)-207-3438314, or mobile +44-(0)-7533017689, chiara.carella at frost.com