Queen's Award for Enterprise

RNS Number : 8018F

Oxford Instruments PLC

03 May 2011

 



Release Date: Tuesday 3 May 2011

Oxford Instruments plc

Queen's Award for Enterprise

Oxford Instruments plc, a leading provider of high technology tools and systems for industry and research, is pleased to announce that its Plasma Technology business has been awarded The Queen's Award for Enterprise: International Trade.  The Award recognises Oxford Instruments Plasma Technology's success in more than doubling its overseas earnings over six years of sustained growth and exporting over 90% of its production.

This strong performance was driven by Oxford Instruments Plasma Technology's comprehensive product range, addressing a wide spread of markets combined with an aggressive strategy of developing new markets, primarily in Asia.

Oxford Instruments Plasma Technology's growth has continued as demand for its tools and systems has increased, underpinned by its continuous focus on research and development.  This success has been a major contributor to Oxford Instruments' significant progress towards its five year plan to double the size of the Group by becoming a more customer focused business, increasingly concentrating on new products and markets.

Jonathan Flint, Chief Executive of Oxford Instruments, said:

"Plasma Technology's continued growth and success is attributable to our strong workforce, continuous research and development, and our belief in listening to our customers and developing the tools and systems that they want. We're delighted with the Award as it recognises the skill, commitment and dedication of everyone at Oxford Instruments Plasma Technology over a sustained period, and we intend continuing to build on this success."

ENDS

Enquiries:

Oxford Instruments plc                                         Tel:  [phone]

Jonathan Flint, Chief Executive

Kevin Boyd, Group Finance Director

MHP Communications                                          Tel:  [phone]

Rachel Hirst / Ian Payne

 

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