CAMBRIDGE, ON, Sept. 29 /CNW/ - COM DEV International Ltd. (TSX:CDV), a leading manufacturer of space hardware subsystems, today announced that it has been selected by the Ontario Chamber of Commerce as a 2009 winner of the Ontario Business Achievement Awards (OBAA). COM DEV has won the OBAA Desjardins Award for Large Business, granted annually to a maximum of two Ontario-based companies that have demonstrated business excellence across a broad range of criteria.
John Keating, CEO of COM DEV International, commented on the OBAA award: "It is an honour to be recognized for this award, which is a reflection of the efforts of our entire organization. The management team has established a sound strategic direction, and our highly talented, committed staff has worked hard to deliver constant innovation and executional excellence."
The OBAA Desjardins Award for Large Business is awarded on the basis of such criteria as sales and export growth, increased employment, product innovation, community initiatives, technological advancements, skills development and training, initiatives related to the training of foreign workers, general entrepreneurial skill, and corporate citizenship. Judges also consider accomplishments in areas such as profitability, environmental responsibility and sound employee relations.
About COM DEV
COM DEV International Ltd. (www.comdevintl.com) is a leading global designer and manufacturer of space hardware subsystems. With facilities in Canada, the United Kingdom and the United States, COM DEV manufactures advanced products and subsystems that are sold to major satellite prime contractors for use in communications, space science, remote sensing and military satellites.
This news release may contain certain forward-looking statements that involve risks and uncertainties. Actual results may differ materially from results indicated in any forward-looking statements. The Company cautions that, among other things, in view of the rapid changes in communications markets and technologies, and other risks including the cost and market acceptance of the Company's new products, the level of individual customer procurements and competitive product offerings and pricing, and general economic circumstances, the Company's business prospects may be materially different from forward-looking statements made by the Company.
The triangular logo and the word COM DEV are each registered trademarks and the property of COM DEV Ltd. All rights reserved.
SOURCE COM DEV International Ltd.
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