Frost & Sullivan Selects PointGrab as Technology Innovation Award Winner

TEL AVIV, Israel, September 18, 2013 /PRNewswire/ --

PointGrab Ltd., the global leader in advanced gesture recognition software solutions, has been honored by Frost & Sullivan with the 2013 European Technology Innovation Award. PointGrab was recognized for its achievements in "Gesture Recognition for Consumer Electronics" as the leader, at the forefront of technological breakthroughs which will be instrumental in mass consumer adoption.

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Frost & Sullivan has acknowledged the importance of gesture recognition and its role in the industry, establishing it as an award category. PointGrab's technology was measured against key benchmarking criteria including uniqueness of technology, impact on applications, functionality, customer value and relevance of innovation to industry. The award validates PointGrab's solutions as unique and sophisticated in addressing key challenges, both as an easy and reliable experience for users and a simple integration for manufacturers.

"We are honored to receive the technology innovation award from Frost & Sullivan as it recognizes our hard work, research and strategic approach in bringing the gesture control experience to the public," said Haim Perski, CEO of PointGrab. "We have already succeeded in implementing gesture technology into millions of consumer devices, thanks to our partnerships with leading OEMS, and will continue to create innovative ways to make gesture a naturally intuitive interface for the masses."

PointGrab's gesture control solutions have enhanced the functional capability of consumer electronic devices such as laptops, tablets, smartphones and televisions. The company has succeeded in refining software algorithms and bringing an accurate motion-sensing technology to day-to-day applications. With the use of a standard 2D camera, and the recently unveiled proprietary Hybrid Action Recognition technology, PointGrab enabled devices boast a 98 percent gesture recognition accuracy (in optimal conditions).  

"We felt that it was important to present the inaugural award in this category to a company that is clearly the established incumbent in the gesture recognition industry," said Archana Srinivasan, Senior Research Analyst at Frost & Sullivan. "PointGrab deserves this honor because they have taken the leading role with a gesture experience that is reliable and, in comparison to its competitors, is superior in terms of the crucial factors for gesture control success."

PointGrab's newest software iteration will launch to the global consumer market within the next few weeks with major international manufacturers. Currently, millions of devices worldwide already include the company's solution including Samsung's Smart TVs, Acer and Fujitsu PCs. To learn more about PointGrab, please visit http://www.pointgrab.com

About PointGrab

PointGrab is a leader in advanced gesture recognition software solutions offering a natural and intuitive way of interacting with consumer devices. PointGrab's software solution enables TVs, PCs, tablets, and smartphones to be operated by a natural user interface using hand shapes and movements while using a standard camera.

PointGrab's sophisticated machine-learning algorithm for hand recognition, tracking and motion is superior in its ability to work with the widest range of gestures, accuracy, reliability, range and lighting conditions. The maturity and flexibility of the solution enables PointGrab customers to offer a unique customized gesture based experience to end users, leveraging standard cameras with minimal impact on processing resources and power consumption. PointGrab's advanced software can be integrated as an end-to-end solution or as SDK, and is available on Linux, Android, Windows, iOS, and OS X platforms.

PointGrab's market-leading solutions have been commercially available since 2010 and are currently integrated into millions of consumer devices through many of the world's top OEMs, brands and developers such as Samsung, Acer, Fujitsu, Intel and others.

Founded in 2008, PointGrab is headquartered in Tel Aviv, with representatives across the globe.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents. For more information, please visit http://www.frost.com.

Media Contacts:
Avital Rabani
PointGrab
Phone: +972-9-7887600
Email: [email protected]

Annie Pham
Fusion for PointGrab
Phone: +1-310-481-1431 x17
Email: [email protected]

SOURCE PointGrab Ltd