Codan Limited (ASX-CDA), headquartered in Adelaide, Australia, today announced that it has been recognised by Frost & Sullivan as the Asia Pacific Tactical Military Communication Provider of the Year. Codan was selected for its outstanding performance in the Asia Pacific tactical military communications market during 2008.
Frost & Sullivan presents this award each year to the company that has demonstrated significant gains in the market based upon excellent growth strategies by increasing product range, high technology adoption and high revenue for tactical communication products. According to Frost & Sullivan, Codan’s award was the result of a comprehensive research process which evaluated a number of tactical radio manufacturers performance in the Asia Pacific region. Subhranshu Sekhar Das, director, Aerospace & Defense Practice, Frost & Sullivan, said: “This award acknowledges the relentless efforts of the team involved and recognises Codan’s outstanding performance in 2008.”
Donald McGurk, divisional general manager, said: “Codan is honoured to be the recipient of the Frost and Sullivan award, and proud that the award coincides with the company’s 50th anniversary, which we are celebrating in July 2009. We’re proud of our ongoing efforts to provide simple to use, affordable, reliable, feature-rich, digital tactical military communications for our customers. In today’s political and economic climate, this award focuses on Codan’s ability to fulfil government’s communication needs supporting military, border security, civil security and counter narcotic initiatives globally.”
Commenting on Codan’s award, Amartya De, Frost & Sullivan consultant said: “Codan’s high frequency radio products have penetrated new markets globally giving the organisation a big boost and pushed it ahead in the tactical military communication industry. Additionally, it has strategically moved into metal detection products and countermine markets covering both military and humanitarian sectors. Through innovative, smart, reliable and economical products and solutions, Codan has created a niche for itself and a worthy recipient of this award.”