Vero Software Plc wins Queen's AwardVero Software Plc, a leading provider of CAD/CAM/CAE solutions for the tooling industry are pleased to announce that they have been awarded the much coveted Queen's Award for Enterprise 2010. The Queen's Awards are the UK's most prestigious business awards and further endorse Vero as a leading UK company with a global reputation. The awards are made each year by The Queen, on the advice of the Prime Minister, who is assisted by an independent Advisory Committee that includes representatives of Government, industry and commerce, and the trade unions. The award will be officially presented by the Lord-Lieutenant of the County, The Queen's local representative.
Vero Software Plc has been rewarded for its continuous achievement in international trade over the last 6 years. The award has been granted in recognition of Vero growing export earnings by 65% to over £12 million in six years, with over 91% of its sales to markets in Europe, North America and the Far East. The company creates, owns and distributes software for aiding the design and manufacturing process of plastic injection molds, sheet metal stamping dies, progressive dies, shoe molds, electrode production and others. These widespread product types are in turn to be found in a multitude of manufacturing industry sectors such as automotive, electronic, medical, white goods and aerospace.
"We are extremely proud and honoured to have won this award which is full recognition of the valuable work of our staff and extensive reseller network. We invest heavily in original research to develop highly productive software that is already well appreciated by our customers and this further acknowledgement is a brilliant reward for our efforts," says Chief Executive, Don Babbs.
"Our success owes a great deal to the dedication of our overseas operations. Each competence center is fully trained with our product suite and have 'real-life' industrial knowledge. This is vitally important when trying to promote new technologies into a well established CAD/CAM market. The company firmly believes that step gains in productivity can be made by building as much knowledge of specific design and machining processes within its software as possible. This philosophy of productivity through specialization has led to new applications in the design of mold tools for plastic injection and progressive dies."