Frost & Sullivan's Executives Discuss Growth Strategies with the Prime Minister of Lithuania

By Frost Sullivan, PRNE
Thursday, May 27, 2010

LONDON, May 28, 2010 - Frost & Sullivan Chairman David Frigstad, Global President Aroop Zutshi,
and Head of European Business Jan E Kristiansen, met in Vilnius with Prime
Minister Andrius Kubilius, Transport Minister Eligijum Masiulis, several
foreign ambassadors and leading Lithuanian political and business figures to
examine the manifold opportunities to be created or leveraged from the global
megatrends facing the country.

(Logo: www.newscom.com/cgi-bin/prnh/20081117/FSLOGO)

Frost & Sullivan can play a very active and value-added role in
supporting the public and private sectors in Lithuania. "It is admirable to
see how Lithuania, despite numerous challenges and constraints, is making
massive, rapid progress to restructure itself and become a significant force,
not just within the Baltic region but also in the global international
scene," says Mr. Kristiansen. "Based on our unique experience, global reach
and privileged contacts with innovators and best practice industry players,
Frost & Sullivan is in a vantage position to support Lithuania's government
and enterprises in designing and implementing successful growth initiatives."

Frost & Sullivan sees tremendous potential for this very dynamic economy
in all different markets, particularly from an infrastructure, transportation
and communications perspective with focus on booming sectors such as electric
vehicles. During meetings at the ministries of Economy, Development, and
Transportation and at the NASDAQ OMX Group, Frost & Sullivan executives and
their hosts exchanged ideas about the future of industry, the potential for
strategic partnerships between Frost & Sullivan and key Lithuanian
stakeholders to promote Lithuanian innovators and entrepreneurs globally, and
explored the possibility of opening a Frost & Sullivan office in Vilnius.

Both sides agreed on the importance and impact of holding a Baltic
Growth, Innovation and Leadership (GIL) conference in Lithuania in the near
future and of potentially creating a Global Innovation Centre (GIC) to help
address the challenges facing the Baltic region. "Innovation is a core
resource that must be leveraged to shape a better future and improve Planet
health," argues Chairman Frigstad. "Our hosts were very interested in
learning how increasing the role of government and business in the Global GIL
programme will help them to develop solid growth strategies that accelerate
growth, drive innovation and establish visionary leadership."

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
    Head of Corporate Communications - Europe and Africa
    Frost & Sullivan
    P: +44(0)207-3438314
    E: chiara.carella@frost.com
    ---------------------------

www.frost.com

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

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