Thermo Fisher Scientific Receives Two Frost & Sullivan Best Practices Awards

Thermo Fisher Scientific Inc., the world leader in serving science, announced that they have been presented with two 2008 Frost & Sullivan Best Practices awards for Market Leadership and Competitive Strategy Leadership in Informatics. Frost & Sullivan has recognized the company for its significant accomplishments in the development of a portfolio of technologically advanced purpose-built Laboratory Information Management Systems (LIMS) products.

According to the recent Frost & Sullivan analysis, Thermo Fisher's North American market share was nearly 12 percentage points greater than its nearest competitor. Thermo Fisher has maintained its market leadership position since 2005, highlighting the company's ability to continue to capture and grow market share in a highly competitive marketplace.

The receipt of the 2008 Best Practice Award for Competitive Strategy Leadership, in addition to the award for Market Leadership, is recognition of the company's strength in delivering continuous value to its customer base. "Long the leader in the LIMS market, Thermo Fisher continues to shine as the most recognized brand name for LIMS solutions. With one of the largest portfolios of LIMS products worldwide and an unparalleled reputation for incorporating customer feedback into product updates, Thermo Fisher undisputedly serves as the gold standard for purpose-built LIMS, making Thermo Fisher the ideal recipient of the Market Leadership and Competitive Strategy Leadership Awards in 2008," said Frost & Sullivan.