LONDON, September 18 /CNW/ - Frost & Sullivan bestows the 2007
Entrepreneurial Company of the Year Award in the European computer aided
detection (CAD) markets on Italy-based im3D Medical Imaging Lab. The Award is
presented in recognition of the company's CAD-COLON computer aided detection
system, developed using proprietary software algorithms as well as for its
exceptional research and successful commercial business collaborations.
"im3D Medical Imaging Lab has with its superlative product offering,
strategic partnerships and technological competence, made its presence felt
strongly in the European CAD markets," says Frost & Sullivan Research Manager
Siddharth Saha. "With clear strategies and strong distribution partnerships,
the company is poised to carve out a significant market share in the CAD
markets for virtual colonoscopy with its CAD-COLON product offering."
CAD-COLON is amongst the first computer aided detection products to be
commercially introduced for virtual colonoscopy, which gives the company a
significant competitive advantage. The potential market for the product is
vast, given the high incidence of colorectal cancer across the world and the
increased use of virtual colonoscopy as a screening tool to detect polyps very
early in their development.
"The software is provided in im3D's custom built workstation to provide
sufficient computing power to harness the full potential of the complex
software algorithms of the CAD system," adds Mr. Saha. "This enables im3D -
Medical Imaging Lab to sell their CAD-COLON solution independently without the
need for partnering with CT workstation vendors."
im3D - Medical Imaging Lab has long standing research partnerships with
the Institute for Cancer Research and Treatment (IRCC) and the Institute for
Scientific Interchange Foundation (ISI) to further the development of the
CAD-COLON product as well as design newer applications of computer aided
detection in other areas.
"im3D - Medical Imaging Lab has also established distribution
partnerships in major country markets across Europe and is also in the process
of establishing further partnerships in the remaining regions of Europe,"
notes Mr. Saha. "These partnerships will enable the company to reach out to
the entire European continent commercially with their CAD-COLON product."
For these reasons, and its outstanding contributions to the European CAD
markets, im3D - Medical Imaging Lab, is the worthy recipient of the 2007 Frost
& Sullivan Entrepreneurial Company of The Year Award.
The Frost & Sullivan Award for Entrepreneurial Company of the Year is
presented each year to the small company that has demonstrated superior
entrepreneurial ability in its industry during the research period. This Award
signifies the company's identification of a unique and revolutionary product
solution with significant market potential. Additionally, the Award certifies
that the company's marketing strategy is sound and poised for success.
Frost & Sullivan Best Practices Awards recognise companies in a variety
of regional and global markets for demonstrating outstanding achievement and
superior performance in areas such as leadership, technological innovation,
customer service, and strategic product development. Industry analysts compare
market participants and measure performance through in-depth interviews,
analysis, and extensive secondary research in order to identify best practices
in the industry.
About im3D Medical Imaging Lab
Founded in Torino (Italy), im3D Medical Imaging Lab is a medical research
company dedicated to developing innovative medical imaging solutions for the
early detection of cancer pathologies. Since 2002 the Company has focused on
designing advanced Computer-Aided Detection (CAD) equipment that enables
healthcare professionals to identify cancer earlier and more efficiently.
im3D's solutions utilize advanced technologies in the field of CAD based on
proprietary algorithms and methodologies developed by im3D as a result of over
5 years of scientific, clinical and technical research. The Company's flagship
product, CAD-COLON, is a non-invasive solution for the identification and
prevention of colon cancer. For more information about im3D or CAD-COLON,
About Frost & Sullivan
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with clients to support the development of innovative strategies for more than
40 years. The company's industry expertise integrates growth consulting,
growth partnership services, and corporate management training to identify and
develop opportunities. Frost & Sullivan serves an extensive clientele that
includes Global 1000 companies, emerging companies, and the investment
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For further information:
For further information: Frost & Sullivan Sandra Holze, +44 (0)20 7915
7866 Promotions Co-ordinator, Best Practices firstname.lastname@example.org or im3D -
Medical Imaging Lab Susan Eppel Caroppo, +39 011.195.08.773 Press Relations