CSR Follows Record IPO With Queen's Award Accolade.Business Editors/High-Tech Writers CAMBRIDGE, England--(BUSINESS WIRE)--April 21, 2004 CSR PLC (LSE LSE - Language Sensitive Editor : CSR (1) (Customer Service Representative) A person who handles a customer's request regarding a bill, account changes or service or merchandise ordered. Agents in call centers are known as CSRs. See call center. .L), a leading provider of single chip radio devices, has won the internationally renowned Queen's Award for Enterprise The Queen's Award for Enterprise is an award for British companies and other organizations who excel at international trade, innovation or sustainable development. The prestigious award is the greatest accolade a British company can receive. , its third business accolade so far this year. The Queen's Award for Enterprise, International Trade category, follows the success of CSR's recent IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. (initial public offering) on the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. , the industry's biggest UK technology flotation for three years. The awards are announced today in conjunction with Her Majesty's personal birthday celebrations. The Award recognises achievement in international trade, demonstrated by outstanding growth in overseas earnings and commercial success. Previous recipients of the Queen's Award include TTPCom and Nortel Networks. CSR's ongoing achievements were also reflected by its IPO which netted GBP GBP In currencies, this is the abbreviation for the British Pound. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 89 million, earning the title of the largest UK technology IPO of the last 3 years. In February of this year, CSR was named the East of England The East of England is one of the nine official regions of England. It was created in 1994 and was adopted for statistics from 1999. It includes the ceremonial counties of Essex, Hertfordshire, Bedfordshire, Cambridgeshire, Norfolk and Suffolk. Business of the Year, making it the only company to have won in four different categories of the prestigious regional business awards - including being awarded private company of the year 2002. March 2004 saw CSR pick up the Cambridge Evening News The Cambridge Evening News (also known as the CEN or locally as simply the News) is a British daily newspaper published each week day (with afternoon and evening editions) and on Saturdays. Business Excellence Award for business of the year 2003. This achievement was a repeat of the company's victory in the same category of the 2000 awards, demonstrating that CSR continues to be a leading light for Cambridge business. Phil O'Donovan, Commercial Director and co-founder of CSR, commented, "This award is testament to the dedication of our team of highly skilled staff. For the past 6 years, CSR has focused on pushing the Bluetooth market forward and providing a robust and technically advanced Bluetooth solution. This cluster of awards celebrates our successes, which we hope to build on for the future." About CSR CSR PLC (LSE: CSR.L) is a leading provider of single-chip radio devices for Bluetooth wireless communication. CSR offers developed hardware/software packages based around BlueCore, a fully integrated 2.4 GHz radio, baseband and microcontroller. BlueCore features in 60 percent of all Bluetooth qualified end products and modules with international names such as Microsoft Corp, Nokia, Dell, Panasonic, Audi, NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. , Toshiba, Samsung and Sony already using BlueCore in their range of Bluetooth products. In June 2003, CSR launched the third generation BlueCore devices with full support for v1.2 of the Bluetooth specification. In February 2004, CSR floated on the London Stock Exchange in the largest UK technology floatation in three years. CSR is headquartered in Cambridge, UK, with offices in Richardson, Texas, USA; Tokyo, Japan; Singapore; Seoul, Korea; Taipei, Taiwan and Aalborg, Denmark. More information can be found at www.csr.com and the partner web site www.btdesigner.com More information about Bluetooth can be found on the SIG web site at www.bluetooth.com |
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