Rapid growth in international sales, based on Xennia Technology Ltd’s strategy of using inkjet printing technology to revolutionise industrial markets, has resulted in the Hertfordshire-based firm being presented with a 2010 Queen’s Award for International Trade.
"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."
Xennia has focussed on developing a range of robust, reliable products and these are starting to show real success in the markets Xennia addresses. Alan Hudd continues: "Over the last three years our international sales have grown at an average rate of 45% per year, an amazing accomplishment in the current economic climate. Export sales currently represent over 90% of our total sales, making Xennia a significant contributor to the UK economy."
Founded in 1996, Xennia is a major driving force in the world of inkjet printing. As the world’s leading industrial inkjet solution provider, Xennia has been instrumental in revolutionising outdated manufacturing processes by pioneering inkjet as a reliable and viable production process. Xennia works with customers to translate their inkjet ideas into production reality in diverse industrial markets. Unique in offering chemistry and printing hardware solutions under one roof; 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."