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Queen's Award for Enterprise

21st Apr 2005 07:00

Xaar PLC21 April 2005 FOR IMMEDIATE RELEASE 21 April 2005 Xaar plc QUEEN'S AWARD FOR ENTERPRISE Xaar plc ("Xaar"), the inkjet printing technology group headquartered inCambridge, has been awarded the Queen's Award for Enterprise within theInnovation Category, recognising its continuing record of achievements in theinnovation and commercial success of its patented piezo-electric inkjettechnology. Established 40 years ago, the Queen's Awards are announced annuallyon the Queen's birthday, recognising outstanding achievement from UK-basedindustry. Ian Dinwoodie, CEO, of Xaar, commented: "The Queen's Award is a tribute to allthe staff at Xaar whose efforts and pioneering work have contributed to both thetechnical and commercial success of our inkjet technology. "Our piezo-electric inkjet technologies have come a long way in recent years andare now recognised as a mainstream printing technology. Xaar has been able totranslate this into strong and profitable growth." About Xaar Xaar plc is a market-leading ink jet technology company. It targets the world'soffice, commercial and industrial printing markets. The office printing marketis approached through Xaar's licensees; the industrial printing market istargeted by XaarJet, the manufacturing arm of Xaar; and a combination ofpartners and key players work with Xaar to serve the commercial printing market.Vivid Print Innovations, the applications division of Xaar, provides Xaar'sin-house specialist integration service. Ends Contacts Xaar plc: 01223-423663Ian Dinwoodie, Chief Executive www.xaar.co.uk Nigel Berry, Group Finance Director & Deputy Chief Executive Bankside Consultants:Steve Liebmann 020-7444-4163 / 07802-888159 This information is provided by RNS The company news service from the London Stock Exchange

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