Hertfordshire, UK-based Xennia Technology has won the 2010 Queen’s Award for International Trade, the result of rapid growth in international sales.
‘Winning the Queen’s Award is a tremendous accolade for the dedicated and hard-working Xennia team behind this success, and we are all very proud,’ said Xennia’s managing director Dr Alan Hudd. ‘For the last decade we have been making a real difference by implementing inkjet technology in key industrial markets such as textiles, ceramics, packaging, product decoration, biotechnology/healthcare and printed electronics.
‘Over the last three years our international sales have grown at an average rate of 45 percent per year, an amazing accomplishment in the current economic climate. Export sales currently represent over 90 percent of our total sales, making Xennia a significant contributor to the
Founded in 1996, Xennia supplies ink and process development, inkjet printing modules and systems, and inkjet inks and fluids.
‘The level of development of inkjet technology today and the availability of robust solutions, combined with the economic recovery, means we have reached a “perfect storm” in terms of technological push and market pull,’ said Dr Hudd, ‘and we expect to see our sales grow just as rapidly over the next 3-5 years as we continue our recognized strategy of using inkjet printing modules and inks to allow the rapid and reliable adoption of inkjet technology into industrial markets worldwide.’
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