Sydney Company OEM Technology Solutions has won the major technology export prize at the 2011 NSW ATS Patrons Award held recently in Sydney Australia.
NSW Deputy Premier Andrew Stoner said the ATS Patrons Award for Outstanding Export Achievement celebrates outstanding export performance by companies in the Australian Technology Showcase program, managed by NSW Trade & Investment.
"Congratulations to Artarmon Company OEM Technolgoy Solutions for winning the ATS Patrons Award for Outstanding Achievement in Exports" Mr Stoner said.
OEM receives $15,000 prize money from NSW Trade & investment to further develop their international markets as well as commercialisation support from the ATS Patron companies Invetech, PricewaterhouseCoopers and Spruson & Ferguson.
OEM Technology Solutions provides technology systems for rail and transport operators to centrally control train doors, heating, ventilation, air conditioning, power, telecommunications, video systems and location services.
"OEM is exporting its technology into Suoth-East Asia, North America, South America and Europe and reports sales growth of more than 30 per cent per annum over the past three years, primarily due to exports, while committing 7.7 per cent of revenues back into research and development," Mr Stoner said.
OEM's major international customers include global firms such as Nokia Siemens Networks, Knorr Bremse, Faiveley Transport, Thales and Vossloh Kiepe."
About OEM Technology Solutions
OEM Technology Solutions provides solutions to the Railway Technology market in Australia and internationally, with a secondary market focus on the application of core rail technology capabilities into the wider transportation sector. OEM Technology Solutions products include the world class PC3 Series Programmable Controller and their services invlude user requirements analysis, product specification, Electronic hardware and software development, mechanical design and manufacture, production and testing, documentation and long term support.