UK laser Innovator Receives 2008 Business Achievement Award
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POWERLASE success in global flat panel display market marks expansion into Extreme Ultra Violet (EUV), solar cell processing and Organic Light emitting diode screen display markets
POWERLASE Ltd, manufacturers of the world’s most powerful nanosecond Q-switched, diode-pumped solid state (DPSS) lasers, has been awarded The Business Achievement Award 2008 by Clarke Willmott for being the fastest growing technology business.
The award acknowledges the laser innovator’s sales growth. POWERLASE’s rapid growth rate is a reflection of its established global presence and success in plasma display screen manufacturing processes.
POWERLASE has strengthened its position as a global laser supplier through the development of dynamic distribution channels. The company now enjoys direct and channel operations in Mainland Europe, Korea, Japan, Taiwan and China.
Alongside POWERLASE’s impressive development in the flat panel display (FPD) market, the applications-led global laser innovator continues to develop products and applications for future markets, driving innovative breakthroughs in the field of Extreme Ultraviolet Lithography, which will further the development of high-power laser produced plasma (LPP) EUV sources. Additionally, POWERLASE’s new 100G and 200G lasers have been developed to cater to end-user needs and are being used to benefit the solar cell processing and OLED screen display markets.
Company comments
Mike Mason, Vice President of Technology at POWERLASE comments, “We’re delighted to be acknowledged for our work in the FPD market. Our impressive growth is a direct result of our customer-led applications driven approach to laser manufacture. By putting the needs of our customers and partners first, we’re continuing to develop exciting new products for new markets which will see us grow into 2009 and beyond. It is a very exciting time for POWERLASE.”
About Powerlase
POWERLASE Limited is an innovative, independent, high power Laser Company, focused on Diode Pumped Solid State (DPSS) 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 Limited is ranked as the third fastest growing venture capital-backed company in the UK in the Daily Telegraph 2007 Business Growth Rankings and 21st fastest growing private technology company in the UK by The Sunday Times 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 Blaise Hammond at Racepoint UK
Tel: +44 (0) 208 752 3217
simon.hilliard@racepointgroup.com