Queen's Award presented to UV
The trading record of UV light source manufacturer Integration Technology Ltd (ITL)
was described as ‘worthy of a Harvard Business School case study' during the
official presentation on Tuesday (July 21st) of the 2009 Queens's Award for
International Trade by Lord Lieutenant of Oxfordshire, Tim Stevenson OBE.
"The record of this company is impressive," said Mr. Stevenson.
"An enormous amount of hard work and effort needs to go into what Integration
Technology has achieved and it's founded on quality, relentless focus on
customer service and a determined approach to the international marketplace."
Mr Stevenson suggested the record of the business over the last six years as
"worthy of a Harvard Business School case study", with the company scoring a
compound rate of growth in turnover over the last six years not less than 43%
of its net profit compound rate of growth of 58%.
Mr Stevenson took a tour to meet
some 40 staff working on the development of UV curing systems at the company's
design and assembly facility at Upper Heyford near Oxford.
After presenting the Queen's
Award to ITL managing director Adrian Lockwood at a reception on the company
site attended by staff and special guests from local community and global
industry, he congratulated the company on its achievement.
"Winning the Queen's Award is by no means small beer," said Mr Stevenson.
"The award is not given lightly. It's made on merit and given its prestigious
nature, there is very strong competition for it. So this is a wonderful
opportunity for Integration Technology to capitalise on its undoubted
Guest speaker Tony Baldry,
Conservative MP for Banbury said: "Around ninety-eight percent of ITL products
are exported and that's a phenomenal achievement given the competition in the
Founded in 2000, Integration
Technology designs and assembles compact, lightweight, modular UV systems for a
variety of inkjet and industrial applications.
The Oxfordshire headquarters are complemented by regional offices in Chicago,
USA, Shanghai, China and Seoul, Korea while the company also has a presence in
the important Japan market.
Adrian Lockwood is upbeat on the future prospects for his dynamic company.
"We are a bright star in a dull economy," he says. "The Upper Heyford facility
is developing more powerful, smaller and technically-advanced UV curing systems
all the time.
"This is opening up opportunity for our products in other industries, notably
automotive, medical devices and electronics."
Issued July 21st 2009 on behalf of Integration Technology Ltd by
petermuir public relations
Whiteleaf Business Centre, Buckingham Industrial Park, Buckingham MK18 1TF, UK
tel 00 44 (0) 1296 715228 fax 00 44 (0)1296 715486
FOR HI-RES COPIES OF ATTACHED IMAGES, CONTACT AGENCY.
About the Queen's Awards
The Queen's Awards for Enterprise are the UK's most prestigious Awards for
business performance. The Awards are made each year by The Queen, on the advice
of the Prime Minister, who is assisted by an Advisory Committee that includes
representatives of Government, industry and commerce, and the trade unions.
The Awards recognise and reward outstanding achievement by UK companies and are
presented in three separate categories:
- International Trade
- recognising companies that have demonstrated growth in overseas
- Innovation -
recognising companies that have demonstrated commercial success
through innovative products or services.
Development - recognising companies that have integrated
environmental, social, economic and management aspects of sustainable
development into their business.
- About the Queen's
Award For International Trade
This Award is presented to
businesses able to demonstrate substantial growth in overseas earnings and
commercial success, to levels that are outstanding for the goods or services
concerned and for the size of the applicant's operations.
About Integration Technology Ltd (ITL)
Please follow this link:
For comment/interview with ITL
management and/or technologists, contact:
Peter Muir firstname.lastname@example.org
tel. 00 44 (0)1296 175228 mobile 00 44 (0)7703 648077