Israeli company PointGrab has won the 2013 European Technology Innovation Award handed out by the by Frost & Sullivan business consulting firm for its achievements in "gesture recognition for consumer electronics."

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"PointGrab deserves this honor because they have taken the leading role with a gesture experience that is reliable and, in comparison to its competitors, is superior in terms of the crucial factors for gesture control success,” said Archana Srinivasan, senior research Analyst at Frost & Sullivan.

PointGrab CEO Haim Perski said the company "will continue to create innovative ways to make gesture a naturally intuitive interface for the masses."