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| [December 04, 2012] |
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Norsat Wins Multiple Business Awards for Export Success and Leadership
VANCOUVER, British Columbia --(Business Wire)--
Norsat International (News - Alert) Inc. ("Norsat" or "the Company") (TSX: NII and
OTC BB: NSATF), a leading provider of innovative communication
solutions that enable the transmission of data, audio and video for
challenging applications and environments has received a BC export award
for Advancing Technology and Innovation. The BC export Awards recognize
the innovative approaches and unique contributions of British Columbia's
best export companies across all sectors and in all regions of the
province, and the Advancing Technology and Innovation category is
specific to companies that effectively harness the powers of
intellectual property and value-added know-how. Norsat's strong export
sales, innovative product development and excellent international
customer relationships were key factors in the award win, and the
company is pleased with the result.
In a further win for the Company, President & CEO Dr. Amiee Chan has won
a Women's Executive Network (WXN) Top 100™ Award, for Canada's most
powerful women. Marking a decade of celebrating female leaders, WXN
today revealed the recipients of the 10th annual Top 100™ Award and will
follow the announcement with a gala on December 5, 2012. Dr. Chan joins
a community of 653 women who have received the Top 100™ Award over the
last decade, recognizing the highest achieving female leaders in the
private, public and not-for-profit sectors in Canada. Winners are
selected based on their strategic vision and leadership, their
organization's financial performance, and their commitment to their
communities.
Norsat President & CEO, Dr. Amiee Chan stated, "It is a pleasure to see
our hard work recognized through these business award wins. Norsat has
always focused on developing and maintaining strong relationships with
our international customers, and we now have unique expertise in
addressing the logistical difficulties of export sales. The BC Export
Award win is a great reaffirmation of this international expertise. I am
also deeply honoured to be joining the Women's Executive Network's
prestigious group of Top 100™ award winners. I have had he pleasure of
leading Norsat for over six years, and know well the challenges involved
in strategic company leadership, and the satisfaction of seeing Norsat
grow and succeed on an international stage. It's an honour to be
recognized for this by WXN."
About the BC Export Awards
The BC Export Awards is the longest running ceremony of its kind in
Canada, and celebrates the valuable role that the export industry plays
in the BC economy. The awards are co-hosted annually by CME-BC and the
Government of BC. The awards are open to all BC companies that have been
exporting a product or service for two or more years. Companies are
either nominated or self-apply for the awards. The top three companies
in each category are chosen by an independent panel of judges, selected
by the co-hosts and the sponsors for their background, experience and
objectivity. Since inception in 1982, the BC Export Awards has
recognized the achievements of more than 345 BC exporters. www.bcexportawards.com
About the Women's Executive Network (WXN)
At WXN, we inspire smart women to lead. WXN creates and delivers
innovative networking, mentoring, professional and personal development
to inform, inspire connect and recognize our community of 18,000 smart
women and their organizations in the pursuit of excellence. WXN enables
our partners and corporate members to become and to be recognized as
employers of choice and leaders in the advancement of women. Founded in
1997, WXN is Canada's leading organization dedicated to the advancement
and recognition of women in management, executive, professional and
board roles. WXN is a Founding Member of the Canadian Board Diversity
Council, dedicated to increasing the diversity of Canada's corporate
boards. In the fall of 2008, WXN launched in Ireland, a first step in
creating an international community of female leaders. More information
and details are available at wxnetwork.com
or top100women.ca.
About Norsat International Inc.
Founded in 1977, Norsat International Inc. is a leading provider of
innovative communication solutions that enable the transmission of data,
audio and video for challenging applications and environments. Norsat's
products and services include leading-edge product design and
development, production, distribution and infield support and service of
portable ground station satellite terminals, antennas, Radio Frequency
(RF) conditioning products, microwave components, maritime based
satellite terminals and remote network connectivity solutions.
Additionally, through its Norsat Power Solutions segment, Norsat is a
provider of power conversion and energy storage solutions for the
communications, transportation and resource sectors. More information is
available at www.norsat.com,
via email at investor@norsat.com
or by phone at 1-604-821-2808.
To view this press release as a webpage, please click on the following
link: http://www.fscwire.com/pr/norsatdec042012.htm

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