Yorkshire Forward press release: Export awards success for York company Paraytec

Yorkshire Forward press release: Export awards success for York company Paraytec

Wednesday, 14th March 2007

Paraytec - a high-tech developer of scientific instruments based in York has been recognised by UK Trade and Investment (UKTI) and Yorkshire Forward for its export efforts.

The company, which has developed a cutting edge tool for analysing tiny samples of life science materials, received the award in Leeds last night after it undertook extensive research and training in order to prepare for exporting their product.

Whilst their ‘ActiPix’ was still in development, the company recognised that their key markets would be Europe and the US, and therefore undertook customer research and training with UKTI that ensured they were fully prepared for exporting.

As a result of their foresight, and participation in the UKTI Passport to Export Scheme, the company have already secured distributors in Europe and won a prestigious award at the world’s largest scientific instrumentation conference in Chicago.

Grants from the Targeted Export Support Scheme, supported by Yorkshire Forward, also allowed the company to visit potential customers and promote their product to new markets.   

The awards were hosted by Yorkshire Forward and UKTI to celebrate the export success of companies involved with the Passport to Export and Targeted Export Support Schemes, which aim to help companies either start to export or grow their existing export sales or markets.

Speaking at the event, where they received their award from Michelle Mone, serial entrepreneur and developer of the Ultimo bra range, Mebs Surve of Paraytec commented; “We are absolutely delighted to received this award and grateful for the support that we have received from Alistair Gardner – our trade advisor.  Without TESS support we wouldn’t have been able to put on such a good show when we took our product to the States.”

Simon Hill, Executive Director of Business at Yorkshire Forward adds;

“Companies in Yorkshire and Humber have traditionally looked to trade within the region.  Whilst a strong domestic market is important for economic growth, diversity is vital to companies’ stability and growth.

“Paraytec have demonstrated that, with a little research and export support, the opportunities for export success are huge.”

UKTI Regional International Trade Director Mark Robson concluded;

“This years winners show the impressive range of companies  working in the Yorkshire & Humber region, and the diversity of entrepreneurial spirit which drives their founders.  These awards have rewarded an established, major employer; a translation company founded only three years ago and a technology company which is harnessing the research talent of one of our leading universities.   They demonstrate that with UKTI’s expert advice and its global support network behind them, companies can expand their international business faster, further and smarter.”

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