Vacon receives Frost & Sullivan's Global Micro Drives Product of the Year Award

Press release Frost & Sullivan, one of the world's most esteemed growth consulting companies, has named Vacon 10, Vacon's new micro drive, the 2008 Product of the Year for OEMs (original equipment manufacturers) in the micro drives domain. The Frost & Sullivan Award for Product of the Year is presented each year to the product that has demonstrated superior performance, features and is competitively priced. "Customers worldwide have always acknowledged Vacon as a provider of highly innovative solutions that meet their challenging needs. Vacon 10 is a perfect illustration of the company's customer-centric approach in pioneering products that drive value for its global customer base. With its superior functionality, better reliability and smaller footprint, Vacon 10 ensures maximum benefit at minimum cost to the OEMs. Thus Vacon 10 is likely to emerge as the product of choice for OEM customers," says Shibu S L, Frost & Sullivan Industry Manager. "Vacon 10 is a result of our ability to integrate state-of-the-art technologies with extensive industry experience," says Heikki Hiltunen, Executive Vice President, Vacon. "Vacon has approached the critical challenge of addressing the OEM segments with the innovative Application Interface Board that allows easy integration into diverse OEM end-user applications. We have also succeeded in embedding features such as integrated EMC filters, and intelligent navigation into Vacon 10. The product's ability to bring in significant energy savings and lower noise emissions has resulted in improved lifecycle benefits to our global customer base." The 2008 Frost & Sullivan Award for Product of the Year for OEMs in the micro drives (up to 5.5 kW) domain will be handed to Vacon by Frost & Sullivan's representative at the SPS/IPC/Drives exhibition in Nuremberg, Germany, on November 27, 2007. About Frost & Sullivan Frost & Sullivan, the Growth Consulting Company, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information about Frost & Sullivan's Growth Partnerships, visit http://www.frost.com. Vacon in brief: The Vacon Group was founded in 1993 for one purpose only: to create, develop and provide AC drives worldwide. The company's ambition is to meet the most demanding needs of customers looking for the ultimate in performance, ease of use and reliability. Vacon offers AC drives in the power range of 0.25 kW...5 MW. In 2006, the Group revenues totalled EUR 186.4 million. Vacon Group Further information: Heikki Hiltunen, Executive Vice President, Products and Markets, Vacon Group, mobile +358 (0)40 8371 609 Press contact: Catarina Fant, Director, Brand Management and Communications, Vacon Group, mobile +358 (0)40 8371 276, e-mail catarina.fant@vacon.com www.vacon.com