Singapore: Frost & Sullivan (F&S) has given the 2012 Entrepreneurial Company of the Year Award - asset management solution for life science, North America, to Terso Solutions. The award was given by F&S based on its recent analysis of the asset management market in healthcare and life science.

Terso's RFID cabinets, refrigerators, and freezers allow customers to gain complete visibility to high-value inventory that is often stored outside their four walls. Terso solutions helps the customers to stay in regulatory compliance, improve product visibility, reduce shrinkage and allow authorized users to access products anytime without manual sign-out.

Mr Deepankar Bose, Frost & Sullivan, said that, "Terso has developed a unique product and service offering that distinguishes it in a very competitive market. It offers a more user-friendly solution that also significantly ups efficiency and effectiveness. This clearly positions Terso as a purveyor of best practices in its space."

Mr Joe Pleshek, president and CEO, Terso Solutions, said that, "We are honored to be recognized by Frost & Sullivan for our efforts to expand the adoption of automated inventory management solutions in healthcare and life science. The recent placement of our 1,000th unit, along with the new additions to our product line, clearly demonstrates Terso's commitment to leading the way in automated inventory management solutions."