Frost & Sullivan Award Underlines Proximex's Superior Market Penetration of PSIM Market

Frost & Sullivan Award Underlines Proximex's Superior Market Penetration of PSIM Market PR Newswire LONDON, July 25, 2012 - Company's success driven by strategic acquisition activity, offer of holistic solution and enhanced customer service and support LONDON, July 25, 2012 /PRNewswire/ -- Based on its success in the physical security information management (PSIM) market, Frost & Sullivan presents Proximex, a global PSIM solution provider, with the 2012 Global Market Penetration Leadership Award. "The company's success in the global PSIM market has been driven by broader market penetration through acquisition," notes Frost & Sullivan Research Analyst Krzysztof Rutkowski. "The development of a holistic solution and building customer confidence through assurance of future support and service, have further underpinned the company's superior market penetration." In 2011, Tyco Integrated Security (TycoIS), formerly ADT, acquired Proximex following the current market trend of connecting and correlating information from disparate security systems. "The most important fact is that TycoIS is the first systems integrator to acquire a PSIM company," remarks Rutkowski. "With this acquisition, TycoIS will be able to create awareness among its customers who are still unaware of the benefits its PSIM solutions deliver." Following its acquisition, Proximex has penetrated American, European and Middle East markets. Furthermore, it is increasing its influence in Asia and Latin America.