Queen’s Award Recognises Business Diamond In Jubilee Year

Derby-based IT firm PXtech has been honoured by the prestigious Queen’s Awards for Enterprise, winning the award for International Trade.


The award, in recognition of PXtech’s outstanding overseas business success, caps a year of impressive growth for the company, seeing it secure a global deal with the world’s largest restaurant chain, SUBWAY, as well as significant client wins across North America and Europe.


PXtech is a market-leader in developing innovative information technology solutions to provide business intelligence and support systems for the hospitality, retail and education sectors.


The company’s unique tools allow remote monitoring of live sales data, financial controls and other key business indicators, enabling clients easy access to their information from any internet location, reducing costs and improving efficiency.


PXtech has rapidly expanded into new markets across North America and Europe.  Its export sales have increased over the last five years and overseas earnings growth stands at an impressive 1633%.


PXtech managing director, Richard Dorf comments: “We are truly honoured to have won such a prestigious accolade and to be recognised by the Queen’s Award in this Diamond Jubilee year makes it even more special.


“As a company we have achieved strong growth by actively engaging and investing in foreign markets, a strategy which has helped PXtech to become a truly global operator. We now work with household names all over the world, serving over 25,000 business locations in more than 50 countries – figures which are continuing to rise at a rapid rate.


“Effective partnerships with international businesses including Dell and Par have also enabled us to consolidate sales and extend our reach.


“Our success demonstrates that, despite the global downturn of recent years, there are significant opportunities to be seized and the economic challenges are just that – challenges, but not insurmountable.  The UK should be proud of its heritage as a leader in technological innovation.”


The Queen’s Award is the second accolade won by PXtech in recent months, with the firm scooping the Exporter of the Year at the Derbyshire Chamber of Commerce BEST in Business awards in October 2011.

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