SecurityWorldMarket

03/07/2007

GE Security awarded by Frost & Sullivan for cargo security

Palo Alto, California (USA)

The 2007 Global Frost & Sullivan market leadership of the Year award in the field of container security devices (CSD) is presented to GE Security, Inc., in recognition of its efforts to provide enhanced security and logistics management to the global shipping industry through an innovative business model and best-in-class CSD product.

GE distinguishes the CommerceGuard container security system from other CSD systems with unique, high-level capabilities that provide the industry's best value proposition. The CommerceGuard CSD detects intrusion into the container and
reports unauthorized entry through a global information network. The network includes fixed and handheld readers as well as a robust data center accessed via the internet. In testing, the CommerceGuard CSD has proved to be the only device with
a false positive rate below one percent; a significant threshold for CSDs.

"GE Security has joined with other industry leaders for quick global deployment and market growth in cargo security, establishing a container protection system that allows for on-going monitoring and tracking," says Frost & Sullivan research analyst David Fishering "In partnership with three other multinational and regionally influential innovators - Siemens Building Technologies, Samsung Corporation and Mitsubishi Corporation - GE has formed CommerceGuard AB, which markets and supports the CommerceGuard system to bring this essential supply chain product to customers around the world"

GE Security and its global partners have been able to provide this security solution in an affordable form, in part through their strategic partnerships and global business model. Maintaining its reputation as an industry leader, the company has leveraged
its strategic prowess to solve a major vulnerability in international security. For these reasons, GE Security, Inc. has been awarded the 2007 Global Frost & Sullivan Market Leadership of the Year Award for the container security device market.



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