MOUNTAIN VIEW, California: Based on its recent analysis of the Hardware-in-the-Loop (HIL) market for power electronics and smart grid, Frost & Sullivan recognizes Typhoon HIL with the 2015 Global Frost & Sullivan Award for New Product Innovation. Typhoon HIL is a pioneer in addressing key end-user challenges, notably the need for ultra-high fidelity Hardware-in-the-Loop test solutions. The product design team at Typhoon HIL has developed the fastest and easiest to use HIL real-time simulators that enable complete test automation and superior model fidelity compared to other available HIL solutions. In fact, Typhoon HIL's top competitors have no comparable simulating solution for power electronics and smart grid.

"Typhoon HIL provides tools for automated testing of control systems, software regression testing, pre-certification and continuous test and integration processes, which translate into a fully integrated HIL solution," said Frost & Sullivan Research Analyst Viswam Sathiyanarayanan. "In addition, the company uses its own highly optimized and fully integrated software and hardware platform, thus redefining the ease of use and greatly reducing deployment effort."

Previously, HIL systems could be run with millisecond-to-second simulation time steps, not nearly fast enough for power electronics. Typhoon HIL was the first to fulfill this unmet need by designing a 1 microsecond time step HIL. Typhoon HIL 4 series and Typhoon HIL 6 series solutions are now used in power electronics applications such as solar inverters, battery storage, wind turbines and motor drives. Another innovative product is the HIL Microgrid DSP Interface, a rapid prototyping tool for smart inverter controllers and microgrids that works seamlessly with the HIL4 and HIL6 series systems.

Apart from delivering groundbreaking products, Typhoon HIL also maintains strong relationships with its customers, ranging from the power electronics, power systems, automotive and aerospace industries to the universities and national laboratories. By building strong technical support and the world's fastest real-time HIL for power electronics, Typhoon HIL has attracted market leading customers such as ABB, Schneider Electric, Toshiba, Woodward Inc., General Electric, Caterpillar, Siemens, AVL, Kaco New Energy, LSIS, LG and others.

To ensure a high standard of customer service, Typhoon HIL has a well-organized customer support organization where customers directly raise and track any issue and where senior application engineers are fully committed to resolving issues and making sure feedback is integrated into new product specifications. This commitment helps the company foster an unrivaled customer service experience.

"Frost & Sullivan expects the power electronics HIL segment to witness huge growth and reach $50 million to $100 million in the next 10 years as a result of the benefits Typhoon HIL brings to customers in terms of new control software testing and quality processes, lower quality costs, and shorter time to market," noted Viswam Sathiyanarayanan. "With such strong overall performance, Typhoon HIL has earned Frost & Sullivan's 2015 New Product Innovation Award."

Each year, Frost & Sullivan presents this award to the company that has developed an innovative element in a product by leveraging leading-edge technologies. The award recognizes the value-added features/benefits of the product and the increased ROI it offers customers, which, in turn, increases customer acquisition and overall market penetration potential.

Frost & Sullivan's Best Practices Awards recognize companies in a variety of regional and global markets for outstanding achievement in areas such as leadership, technological innovation, customer service, and product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research.

About Typhoon HIL

Typhoon HIL is a technology leader in ultra-high fidelity Hardware-in-the-Loop (HIL) real-time test systems for power electronics and smart grid. The company was founded in 2008, and since then, it has consistently been introducing new design, test, and verification Hardware-in-the-Loop products distinguished by leading edge technology, unrivaled performance, ease of use, and affordability. With a growing list of global clients in industries including renewables, industry automation, oil and gas, energy storage, and automotive, Typhoon-HIL has emerged as the industry leader in automated test and verification of power electronics and smart grid control systems.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

• The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
• The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Mireya Espinoza
P: 210. 247.3870
F: 210.348.1003
E: mireya.espinoza@frost.com