2 May 2013 12:49

A Lancaster-based business, whose chief executive is a professor at the university’s School of Computing and Communications, is to receive the Queen’s Award for Enterprise in International Trade.

Rinicom Limited is a technology company which develops and manufactures leading edge, rapidly deployable, communication systems for first responders and professional security services.

The Queen’s Award is one of the highest accolades given for business success and recipients are invited to a reception with the Queen at Buckingham Palace.

Chief Executive Professor Garik Markarian said: “Winning the Queen’s Award for Enterprise is a fantastic achievement for us and clearly demonstrates the international demand for cutting-edge technology.

“Strong links with Lancaster University and our investment in R&D has enabled Rinicom to maintain its competitive advantage and continuously innovate, enabling us to develop a full range of world class IP MESH COFDM systems.

“This has resulted in continuous export growth of more than 30% per annum by revenue.”

Currently Rinicom sponsors 4 PhD students at Lancaster University and provides opportunities for industrial placements for both undergraduate and postgraduate students. In addition, the majority of Rinicom staff are graduates of Lancaster University.

Morecambe MP David Morris MP said: “This award is testament to the skills and expertise of the management and staff of Rinicom Ltd.”