Frost & Sullivan's Chairman on CNBC: Unprecedented Opportunity for the UK to Develop Centres of Excellence for Smart Technologies

LONDON, May 17, 2010 - "The change in the UK government looks very good for the UK economy.
Getting spending under control is a fundamental requirement for a healthy
business economy. At the same time, the support for innovation and
entrepreneurship is very important to take advantage of the next economic
boom which will be centred on innovation and smart technologies." David
Frigstad, Chairman of Frost & Sullivan, was live on CNBC this morning at
11.45 am.

(Logo: photos.prnewswire.com/prnh/20081117/FSLOGO)

Mr Frigstad appeared on CNBC's business news programme "Strictly Money"
where he highlighted a strategic point of view for industries and sectors to
grow in light of today's economic climate.

Mr Frigstad's current visit to the United Kingdom is for Frost &
Sullivan's 2010 Global Growth, Innovation and Leadership Congress - 'GIL
2010: Europe' that will kick off this evening, 17 May 2010, at the Emirates
Stadium in London and will continue through Wednesday. Tomorrow, in his
keynote speech Mr Frigstad will focus on Developing a Visionary Perspective
on Growth. Complimenting Frigstad's outlook on the economy will be Holger
Schmieding, Chief Economist - Europe with Bank of America / Merrill Lynch
whose keynote presentation - Eye on the Economy: Can the upswing get
stronger? - will also be delivered to GIL 2010 participants on Tuesday.

"Historically the UK economy has always been driven by innovation,"
explains Mr Frigstad. "There is an unprecedented opportunity for the UK to
develop centres of excellence for smart technologies such as electric
vehicles, renewable energy battery technologies, green chemicals and
innovation in Healthcare. What we find particularly exciting about the next
era of innovation is that it is totally focused on planet health. We must
realise that leveraging innovation as a resource is the best way to address
global challenge."

The focus of this year's event in London is on leveraging innovation as a
resource to help shape a better future for our companies and our careers. For
three days London will become the hub for CEOs, their teams and industry
luminaries of a global community that explores tools and strategies to build
a solid growth process. Frost & Sullivan, along with GIL members and a
comprehensive alliance of visionaries, innovators and leaders, is and will be
engaged in sharing, inspiring and creating a continuous flow of new ideas and
fresh perspectives which leverage innovation as a resource to help shape a
better future for the growth of our companies and our careers.

"At this week's event we will be holding industry visionary think tanks
which will focus on creating future scenarios for 2020," concludes Mr
Frigstad. "These scenarios will reveal powerful opportunities and unmet needs
which can be addressed with innovation. We will be hosting visionaries,
innovators and leaders from throughout Europe who will work together to
collaboratively develop a new visionary perspective and best practice
benchmarks which can be used to drive growth and stimulate the economy."

To obtain the congress presentations and to register for future GIL
programmes, please contact Chiara Carella, Head of Corporate Communications
for Frost & Sullivan in Europe, at chiara.carella@frost.com. One-on-One
interviews with Frost & Sullivan senior growth consultants are also being
scheduled. For more information you can also visit www.frost.com/giluk

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 40 offices on six continents. To join our Growth Partnership,
please visit www.frost.com.

    Contact:
    Chiara Carella
    Corporate Communications - Europe
    P: +44(0)20-7343-8314
    M: +44(0)753-3017689
    E: chiara.carella@frost.com

www.frost.com

Chiara Carella, Corporate Communications - Europe of Frost & Sullivan, +44(0)20-7343-8314, Mobile, +44(0)753-3017689, chiara.carella at frost.com