Singapore, August, 2007-Eastcompeace Smart Card Co., Ltd has been awarded the 2007 Frost & Sullivan Industrial Technologies Award for Market Penetration Leadership for its high penetration in Asia Pacific smart cards market. In the exceedingly competitive APAC smart card market, Frost & Sullivan has recognized Eastcompeace with this accolade for high strategic excellence in product innovation, marketing, and sales strategies that have resulted in the largest gain in market share for Eastcompeace in recent years. “Eastcompeace have demonstrated the ability to penetrate the APAC smart cards market, through participation in all key smart card applications and expansion in major emerging countries in the region. They have not only secured increasing volume growth in China and beyond, but also helped push the boundaries of new use cases for a more diverse product line in existing markets. The company has been taking constructive steps to increase their branding and create recognition as an active industry participant and a major Asian vendor of this industry. ” Says Michelle Foong, Industry Analyst, Frost &Sullivan.