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selected as finalist award

  1. jjl
    42 Posts.
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    WA INDUSTRY AND EXPORT AWARDS
    PERTH, WA 5 SEPTEMBER 2005
    The Company is pleased to announce that it has been selected as a finalist for this year’s
    prestigious Western Australian Industry and Export Awards.
    Attached is the press release issued by the Department of Industry and Resources.
    Authorised by:
    Richard Wolanski
    Chief Executive Officer
    Neptune Marine Services Limited
    T: (08) 9226 5722
    About Neptune:
    Neptune Marine Services Limited is the owner of the Neptune Dry Underwater Welding
    System, a patented technology, that allows permanent in-situ weld repairs to be carried out
    underwater at a fraction of the cost of using conventional permanent repair methods. The
    technology has class society approval for use, and is currently being commercialised
    globally.
    Neptune Marine a finalist in the
    WA Industry and Export Awards
    Neptune Marine Service Limited has been selected as a finalist for this year’s
    prestigious Western Australian Industry and Export Awards.
    The awards, now in their 17th year, recognise excellence and innovation in small and
    large WA businesses and feature 14 industry and export categories.
    Neptune Marine is commercialising the patented Neptune Dry Underwater Welding
    System that allows permanent in-situ weld repairs to be carried out underwater at a
    fraction of the cost of using conventional permanent repair methods. The technology
    has broad application in markets including shipping, oil and gas, infrastructure,
    defence and hazardous environments.
    Proof of the technology was confirmed through the generation of almost $1 million in
    revenues in the first 12 months of operation and through the repeat business
    delivered to the Australian Navy.
    After a successful first year, which included the generation of initial export revenues,
    the company’s primary focus has expanded from building Australian revenues to
    building multiple revenue streams from south east Asia and the United Arab
    Emirates.
    The potential to create multiple revenue streams out of Asia will result in rapid growth
    in revenues as a presence is established in each new country and will add to the
    value of the technology in the significant markets in the northern hemisphere.
    The winners, to be announced at a gala dinner and presentation evening at the Hyatt
    on Friday 14 October, will also be vying for the sought after Premier’s Award for
    Excellence.
    Premier Geoff Gallop congratulated Neptune Marine on making the finals of the
    awards, which have established themselves as the State’s most prestigious business
    awards.
    “Each year, the list of finalists and winners in these awards provide an impressive
    showcase of WA businesses. The awards highlight the vital contribution WA
    businesses make to the local economy through job creation and increased prosperity
    in the community.”
    The Premier said the awards recognise the importance of exports to the economic
    development of the State. In fact, about a third of our Gross State Product is
    generated by exports – more than any other State.
    He said the State already had a strong export culture, with exports from Western
    Australia in 2004 totalling $35 billion, and significantly contributing to the creation of
    more than 52,500 new jobs last year.
    The 2005 Awards, administered by the Department of Industry and Resources
    (DoIR) are sponsored by Austal, Austrade, BankWest, Ernst & Young, Export
    Finance and Insurance Corporation (EFIC), Fremantle Ports and The West
    Australian, and endorsed by the Chamber of Commerce and Industry of WA,
    UnionsWA and the Australian Institute of Export (WA) Ltd.
    For more information or to reserve a table for the gala night visit
    http://www.doir.wa.gov.au/awards or contact the Awards Secretariat on (08) 9222
    3846, or email [email protected]
    Media contact:
    Department of Industry and Resources, Peter Lewis, ph 9222 3572, email
    [email protected]
    Neptune Marine Services Ltd, Richard Wolanski, ph 9226 5722, email
    [email protected]
 
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