Prism Media Products Wins Queen's Award For Enterprise
Apr 21, 2011 12:05 PM
Cambridge, UK - Apr 21, 2011 - Prism Media Products, whose brands include Prism Sound, Imerge, has been awarded a Queen's Award for Enterprise in the category of International Trade. The Queen's Award for Enterprise is the highest official UK award for British business. The awards are made on the advice of the Prime Minister and his advisory committee, which comprises leading individuals from industry, commerce, trade unions and government. They are then conferred by HRH Queen Elizabeth II on her birthday April 21.
Prism Media Products develops and manufactures professional audio and home entertainment equipment and software. Founded in 1987, the company operates in anumber of market sectors including broadcast, film, music production, manufacturing and telecommunications.
Graham Boswell, sales director of Prism Media Products, says, "To be considered for a Queen's Award for Enterprise in the category of International Trade, a company must show a substantial and sustained increase in export earnings over three consecutive 12-month periods, to a level which is outstanding for the products and services concerned, and for the size of the organisation." Boswell says Prism Media Products has experienced six years of sustained sales growth and have more than doubled overseas sales, with 66 percent of its sales now going to customers abroad.
PrismMedia Products Limited will be officially presented with its Queen's Award For Enterprise at a ceremony that will take place at the company's Cambridge headquarters during the summer.
The acquisition takes the Prism Sound group into the home entertainment sector....