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RNS Number : 8046I Calnex Solutions PLC 21 April 2022
RNS Reach
21 April 2022
Calnex Solutions plc
("Calnex", the "Company" or the "Group")
Calnex Solutions receives two Queen's awards for Enterprise in Innovation and
International Trade
Calnex Solutions plc (AIM: CLX), a leading provider of test and measurement
solutions for the global telecommunications sector, today announces it has
been honoured with two Queen's Awards for Enterprise in recognition of its
outstanding contribution to Innovation and International Trade as the Group
continues to develop a world leading range of test and measurement solutions
for the global telecommunications sector.
Calnex is one of only seven companies in the UK to be recognised with two
Queen's Awards for Enterprise in 2022. This is the second time Calnex has been
awarded the UK's highest accolade for business success, after winning the
Queen's Award for Enterprise for International Trade in 2015, acknowledging
the Company's global reputation for innovative products and sales
achievements.
Now in its 56th year, the Queen's Awards for Enterprise are the UK's most
prestigious business awards to recognise and encourage achievements in the
fields of Innovation, International Trade, Sustainable Development and
Promoting Opportunity through social mobility.
Employing 122 people, and founded in 2006, Calnex designs and produces test
instrumentation for network synchronisation, enabling its customers
to validate the performance of the critical infrastructure associated
with telecoms networks. Calnex now has over 600 customer sites in 68
countries across the world and customers include the likes of BT, Qualcomm,
IBM and Facebook. Calnex completed its successful IPO on the AIM market of the
London Stock Exchange in October 2020, providing the Group with the funds to
invest in its continued success as the Company seeks to capitalise on the
long-term transition of the telecoms market to 5G and the growth of cloud
computing.
Commenting on the award, CEO Tommy Cook, said:
"We are honoured to receive two such prestigious awards, in Innovation and
International Trade, and Calnex is proud to be representing Scottish
innovation globally. The significance of the Queen's Award is known worldwide
and being awarded this accolade twice in one year is an indication of the good
progress we have made over the past few years. During this time we have
successfully become a public company and continued to invest in the growth of
the Company and the development of our team and these awards are a testament
to the dedication and expertise of our staff and quality of our expanding
offering. Britain has always been at the forefront of innovation across the
telecommunications sector and these awards further validate our leading
position in the marketplace."
For more information, please contact:
Calnex Solutions plc Via Alma PR
Tommy Cook, Chief Executive Officer
Ashleigh Greenan, Chief Financial Officer
Cenkos Securities plc - NOMAD +44 (0)131 220 6939
Derrick Lee, Peter Lynch
Alma PR + 44(0) 20 3405 0213
Caroline Forde, Hannah Campbell, Joe Pederzolli
Overview of Calnex
Calnex designs, produces and markets test instrumentation and solutions for
network synchronization and network emulation, enabling its customers
to validate the performance of the critical infrastructure associated
with telecoms networks. To date, Calnex has secured and delivered
orders to over 600 customer sites in 68 countries across the
world. Customers include BT, China Mobile, NTT, Ericsson, Nokia, Intel,
Qualcomm, IBM and Meta.
Founded in 2006, Calnex is headquartered in Linlithgow, Scotland, with
additional locations in Belfast, Northern Ireland and California in the US,
supported by sales teams in China and India. Calnex has a global network of
partners, providing a worldwide distribution capability.
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