Thursday, 26 April 2012

Colortrac - Queen
Colortrac - Queen's Award for 2012
Colortrac, a leading innovator in the field of wide format scanning technology, has been awarded the prestigious Queen's Award for Enterprise 2012 in the category of International Trade.

Colortrac sales of their SmartLF large format scanners and SmartWorks software achieved a substantial and sustained increase in export earnings over a three year period to a level which is considered outstanding for the products and services concerned.

The Queen's Awards for Enterprise is an awards programme for British businesses and other organizations that excel at international trade, innovation or sustainable development. They are the highest official UK awards for British businesses and the scheme was established as The Queen's Award to Industry by a royal warrant of 30th November 1965.

Expanding on the implications of The Queen's Awards for Enterprise, Colortrac Executive Director Peter Brown noted that “Clearly the worldwide economic downturn has had an adverse impact on the performance of many markets and businesses over the past three years.

Colortrac’s long term investments in development of innovative wide format scanner and software products and the expansion of our ISO certified manufacturing facilities, has provided us with greater capacity and the flexibility to react to our customers’ requirements in terms of product quality, performance, functionality and value.

These financial results and the growth in Colortrac market share are a strong validation of our strategic product and business direction. We have a profitable base from which to continue our market expansion and The Queen's Awards for Enterprise is a very pleasing confirmation of our recent success, spurring us on to strive for greater future achievements”.

Furthermore, Peter said "I am delighted our customers have seen the benefits of the quality, innovation and creative thinking put into the SmartLF large format scanners and SmartWorks imaging software that we produce. Customers understand how these technical innovations and SmartWorks software features can increase their business productivity and performance. We have a rapidly increasing order book which, combined with planned new product introductions, should provide us with continuing profitable growth in our business, even in this difficult economic climate.”

The Queen’s Awards for Enterprise are made on the advice of the Prime Minister after examination of applications by an Advisory Committee composed of leading individuals from industry, commerce and government. The awards are conferred annually by the reigning British monarch Elizabeth II on her majesty’s birthday on 21st April.

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