POWERLASE Recognised for Outstanding UK Design and Innovation
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Award recognises laser innovators significant product innovation and businesses success in the Flat Panel Display (FPD) market.
POWERLASE Limited, manufacturers of the world’s most powerful nanosecond Q-switched, diode-pumped solid state (DPSS) lasers, has been awarded The Manufacturer Award for Design and Innovation 2007.
The award follows POWERLASE’s significant product innovation and businesses success in the Flat Panel Display (FPD) manufacturing market with significant penetration into both the plasma display panel (PDP) and LCD monitor markets. Around 60% of global PDP manufacture is now reliant on POWERLASE’s laser systems.
This Design and Innovation award acknowledges manufacturers who have remained competitive by increasing their rate of innovation, anticipation and responsiveness to ever changing market conditions. POWERLASE defeated high profile manufacturers such as BAE Systems Land Systems and Motor sports specialists, BERU F1 Systems, to win the award. The judges complimented POWERLASE for focusing its product innovation and design purely on fulfilling its customers’ requirements, its well documented design strategy and business success.
Company comments
Mike Mason, Vice President of Technology at POWERLASE, comments: “We are very proud of this achievement and are committed to the design and innovation processes that we have developed in partnership with our customers. We recognise innovative technology should be designed to meet real world requirements, not just for the sake of development.”
About Powerlase
POWERLASE Limited is an innovative, independent, high power Laser Company, focused on Diode Pumped Solid State lasers developed for industrial applications primarily for use in the materials processing and microelectronics markets for flat panel displays, microelectronics, automotive and aerospace sectors.
POWERLASE is supported by venture capital from MTI Partners, Deutsche Venture Capital, DJF Esprit LLP, Alice Ventures and FNI Venture Capital.
POWERLASE is ranked as the third fastest-growing venture capital-backed company in the UK in The Daily Telegraph 2007 Business Growth Rankings and the 21st fastest growing technology company in the UK in The Sunday Times Microsoft Tech Track 100 Rankings.
POWERLASE recently won The Manufacturer Award for Best Design and Innovation 2007 for the company’s work in the development of laser systems for the manufacture of Flat-Panel Displays.
For further information
Please contact Simon Hilliard or Katie Judge at Racepoint UK
Tel: +44 (0) 208 752 3217 / 3211
simon.hilliard@racepointgroup.com / katie.judge@racepointgroup.com