Last checked at 22 Apr 2016 07:00
For immediate release | 22 April 2016 |
RNS REACH
Gooch & Housego PLC
("G&H" or the "Company")
Queen's Award for Enterprise: Innovation
Gooch & Housego PLC (AIM: GHH), the specialist manufacturer of optical components & systems, is delighted to confirm that it has won a prestigious Queen's Award for Enterprise: Innovation in recognition of the commercial success of its laser modulation device, the Fiber-Q™.
Launched in 2009, Fiber-Q™ is a pioneering product that has rapidly become one of G&H's flagship products, establishing itself as a key component in fibre based laser systems in multiple commercial applications.
The key innovation of Fiber-Q™ in the control and modulation of laser beams is that it is a single fibre-coupled, compact, relatively low cost and very flexible component. It has enabled lasers to be used effectively in applications as diverse as oil and gas pipeline security monitoring, printed circuit board micro-drilling, laser surgery, medical diagnostics and microscopy.
The Fiber-Q™ is less complex and more robust than alternative products, and it can be easily incorporated into the architecture of customers' fibre laser systems.
Mark Webster, Chief Executive Officer of Gooch & Housego, commented:
"Gooch & Housego has a long history of innovation and we are very honoured to receive this Queen's Award for Fiber-Q™. The award recognises both the commercial success of the product and the benefits that it's brought to the fiber optic marketplace."
For further information contact:
| ||
Mark Webster / Andrew Boteler | Gooch & Housego PLC
| 01460 256440 |
Mark Court / Sophie Cowles / Catriona Flint | Buchanan | 020 7466 5000
|
Patrick Robb / David Anderson | Investec Bank plc | 020 7597 5970 |
Notes to editors
1. Gooch & Housego is a photonics technology business headquartered in Ilminster, Somerset, UK with operations in the USA and Europe. A world leader in its field, the company researches, designs, engineers and manufactures advanced photonic systems, components and instrumentation for applications in the Aerospace & Defence, Industrial, Life Sciences and Scientific Research sectors. World leading design, development and manufacturing expertise is offered across a broad range of complementary technologies.
2. All financial information included in this announcement is sourced from unaudited management accounts and excludes any specific items. This announcement contains certain forward-looking statements that are based on management's current expectations or beliefs as well as assumptions about future events. These are subject to risk factors associated with, amongst other things, the economic and business circumstances occurring from time to time in the countries and sectors in which G&H operates. It is believed that the expectations reflected in these statements are reasonable but they may be affected by a wide range of variables which could cause actual results, and G&H's plans and objectives, to differ materially from those currently anticipated or implied in the forward-looking statements. Investors should not place undue reliance on any such statements. Nothing in this announcement should be construed as a profit forecast.