4/22/2004 - CSR PLC (LSE: CSR.L), a leading provider of single chip radio devices, has won the internationally renowned Queen's Award for Enterprise, its third business accolade so far this year. The Queen's Award for Enterprise, International Trade category, follows the success of CSR's recent IPO (initial public offering) on the London Stock Exchange, the industry’s biggest UK technology flotation for three years. The awards are announced in conjunction with Her Majesty’s personal birthday celebrations.
The Award recognises achievement in international trade, demonstrated by outstanding growth in overseas earnings and commercial success. Previous recipients of the Queen's Award include TTPCom and Nortel Networks. CSR's ongoing achievements were also reflected by its IPO which netted £89 million, earning the title of the largest UK technology IPO of the last 3 years.
In February of this year, CSR was named the East of England Business of the Year, making it the only company to have won in four different categories of the prestigious regional business awards – including being awarded private company of the year 2002. March 2004 saw CSR pick up the Cambridge Evening News Business Excellence Award for business of the year 2003. This achievement was a repeat of the company’s victory in the same category of the 2000 awards, demonstrating that CSR continues to be a leading light for Cambridge business.
Phil O'Donovan, Commercial Director and co-founder of CSR, commented, "This award is testament to the dedication of our team of highly skilled staff. For the past 6 years, CSR has focused on pushing the Bluetooth market forward and providing a robust and technically advanced Bluetooth solution. This cluster of awards celebrates our successes, which we hope to build on for the future."
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