2005 Frost & Sullivan Award for Technology Innovation Award Recipient – Alistagen Corporation   San Antonio, April, 2005 - Frost & Sullivan’s 2005 Technology Innovation Award in the field of  coatings and surface technologies goes to Alistagen Corporation in recognition of the company’s development of the innovative anti-microbial - prophylactic coating technology known as CaliwelTM with BNA.    Its semi-permeable microencapsulated formula employs a Bi-Neutralizing Agent (BNA) that prevents microbial growth on surfaces. This industrial grade, smart coating’s anti-microbial formula eliminates the growth of odor-causing bacteria, mold, mildew, algae, fungi and viruses on coating surface.   Caliwel’s calcium hydroxide based technology is proven and tested to be safe to humans and animals and is environment friendly. Additionally, its enzyme denaturalization and incapacitation properties are rapidly reversible for animal tissue but not for microbes. In 2002 Caliwel received the EPA registration for surface applications and, in 2003, for OEM applications.  This new coating technology that combines function and design is  a full substitute to conventional paint and is perceived as the future of the architectural interior coating industry.     In summary, the Frost & Sullivan Award for Technology Innovation recognizes Alistagen’s development of the innovative Caliwel family of anti-microbial, environment friendly, smart (prophylactic) coatings, which have strong potential for market adoption and which are likely to impact several end user sectors such as housing and construction, medical and dental, and specialty uses.        Award Description   Research Methodology   Measurement Criteria Frost & Sullivan’s Technology Innovation Award is bestowed upon a company (or individual) that has carried out new research; which has resulted in innovation(s) that have or are expected to bring significant contributions to the industry in terms of adoption, change, and competitive posture. This Award recognizes the quality and depth of a company’s research and development program as well as the vision and risk-taking that enabled it to undertake such an endeavor. To choose the Award recipient, Frost & Sullivan’s analyst team tracks innovation in key hi-tech markets. The selection process includes primary participant interviews and extensive primary and secondary research via the bottom-up approach. The analyst team shortlists candidates won the basis of a set of qualitative and quantitative measurements. The analyst also considers the pace of research and technology innovation and the significance or potential relevance of the innovation to the overall industry. The ultimate Award recipient is chosen after a thorough evaluation of this research.             In addition of the methodology described above, there are specific criteria used to determine the final rankings.  The recipient of this Award has excelled based on one or more of the following criteria:   ·          Significance of the innovation(s) in the industry, and across industries (if applicable) ·          Potential of the products of innovation(s) to become industry standard(s) ·          Competitive advantage of innovation vis-à-vis other related ones ·          Impact (or potential impact) of innovation(s) on company or industry mindshare and/or company bottom line