Frost & Sullivan Award for NIRA Dynamics and TPI

LINKOPING, Sweden, December 20, 2013 /PRNewswire/ --

NIRA has been awarded the Frost & Sullivan 2013 Global TPMS Customer Value Leadership Award.

Frost & Sullivan's independent analysis of the Tire Pressure Monitoring Systems Market clearly shows that NIRA Dynamics' contribution results in invaluable savings of lives, fuel, and thereby money for OEMs and consumers.

To view the Multimedia News Release, please click:

http://www.multivu.com/mnr/64178-nira-dynamics-frost-sullivan-award

     (Logo: http://photos.prnewswire.com/prnh/20121012/567527 )

NIRA Dynamics AB is the world leading supplier for advanced indirect TPMS. The market for TPMS in general and especially indirect TPMS without pressure sensors in the wheels is expected to grow with two-digit rates during the coming years, mainly driven by legislation which makes TPMS fitment mandatory in the biggest passenger vehicle markets like the US, the EU and China.

Some quotes from the Awards Report which can be downloaded from the NIRA homepage: http://www.niradynamics.se/resource.php?tag=FS_BPA_2013

"Most suppliers strive to ensure that indirect TPMS meets legislative requirements. Frost & Sullivan notes that NIRA Dynamics goes the extra mile to ensure it more than meets legislative requirements by taking into account key preferences of consumers while ensuring a low-cost solution."

"However, TPI is the most unique value-adding solution that ensures against false-positives and missed alerts, and is in operation on over 5.5 million vehicles today. This is a major achievement for an organization without an ABS or ESC product of its own, as most of the braking control suppliers today tend to offer TPMS as well. Powered by their constant drive to change for the better, NIRA Dynamics is expected to extend its value proposition to more vehicles in Europe, China, and eventually the rest of the world."

The award clearly reflects the NIRA strategy to offer the customers the best possible product and service performance in the market.

Frost & Sullivan is a leading global industry, technology and market research consultancy. Every year, they reward outstanding performances in various industry and market segments with their prestigious Best Practice Awards.