By Daniel Hunter
i2O Water Ltd have been announced as the winners of the International Trade New Frontiers Award at the 2012 International Trade Awards.
Now entering their fifth year, the International Trade Awards, sponsored by American Express Foreign Exchange Services, are the only UK wide business awards to exclusively recognise the excellence achieved by the UK’s leading exporters and importers.
Southampton-based i2O has developed solutions for pressure management in water networks that help water companies to improve the performance of their networks (reduced leakage, burst frequency and operational expenses), while maintaining agreed customer service levels.
Despite the challenges posed by current global economic conditions, UK companies are still competing on the International stage and the 2012 International Trade Awards celebrates these ventures and successes. Minister of State for Trade and Investment, Lord Green, who introduced last year’s gala lunch and awards, said that "exporting is ‘not just good for Britain’, but that it is ‘essential for Britain’."
“We are obviously delighted with the recognition and reward for all of our hard work,” said Keith Chappell, Controls and Automation Director.
“We have markets throughout the world and believe that companies trading internationally are essential to the growth of the UK economy.”
This year’s awards were held at The Brewery on 10th December where a panel of industry experts, including Lord Empey, Lesley Batchelor, Director General of the Institute of Export & International Trade, Allan Biggar, CEO Xperiamedia, Rocco Magno, General Manager FX IP at American Express Services Europe Limited and Alan Stevens, the Media Coach, announced the winners.
Applicants were competing in four categories, the Small to Medium Sized Company of the Year Award, Excellence in Innovation Award, New Frontiers Award and Company of the Year Award.
"The standard was incredibly high, particularly for the main award where the judges were torn between some very impressive entries. There were some very difficult choices to make," said Rocco Magno.
"It is pleasing to see such a high standard across the board as it shows that there is real hope for the economy, and that there are a huge number of excellent businesses out there."
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