TORONTO, Aug. 22, 2013 /CNW/ - Redline Communications
Group Inc. (TSX: RDL), a leading provider of broadband wireless
solutions for machine-to-machine (M2M) communications, has been
named the Gold Winner in the 2013 Best in Biz International Awards
for Comeback Company of the Year. Redline CEO Eric Melka was also recognized in the Executive
of the Year category. The Best in Biz International Awards is
an independent business awards program judged by members of the
press and industry analysts.
The turnaround for Redline began in early 2010 when Melka was
appointed as CEO and brought in a new management team. With a focus
on customers and product innovation, the new team took Redline from
10 straight years of losses to $4
million in operating profits by the end of 2011. The Redline
team refocused the company's R&D on ruggedized broadband
wireless networking systems for industrial machine-to-machine (M2M)
communications. This new focus, coupled with a major cost reduction
program, translated into a positive top and bottom line, as
customers with mission critical communications needs in energy,
public safety, and military markets realized that Redline could
address their very specialized requirements.
"Turning a company around isn't easy," said Melka. "We were able
to achieve the turnaround because we have a dedicated team and
incredible customers who all came together. To me, building a
sustainable company is about building a customer-focused management
team that can deliver on their plan - that's what it takes to win,
and that's exactly what we did and will continue to do."
More than 150 public and private companies representing all
sectors of the economy from more than 25 countries competed in the
Best in Biz Awards International program. Winners were determined
based on scoring from a panel of 43 judges drawn from top-tier
news, business, finance, and technology publications and media
outlets from 18 countries, with all continents represented. Best in
Biz Awards 2013 International honors are conferred in a wide range
of categories, including Fastest-Growing Company of the Year, Most
Innovative Company of the Year, Best Place to Work, Technology
Department of the Year, Executive of the Year, Enterprise Product
of the Year, Small/Medium Business Product of the Year, Most
Innovative Product of the Year and Film or Video of the Year.
Redline also announced that they have been named a finalist in
the third annual HSBC International Business Awards in the category
"Leadership in International Trade -Asia-Pacific". The winner will be
announced in November 2013.
About Redline Communications
Redline Communications is the innovator of Virtual Fiber™, a
specialized broadband wireless system used by companies and
governments worldwide to cost-effectively deploy distributed
services and applications. Redline Virtual Fiber solutions
are used to facilitate and enhance public safety networks, deploy
and extend secure networks, connect digital oilfields and smart
grids, and bring dedicated Internet access wherever and whenever
it's needed. Redline has been delivering powerful, versatile and
reliable wireless systems to governments, the military, oil and
gas, and the telecom industry for over a decade through its global
network of certified partners. For more information visit
www.rdlcom.com.
SOURCE Redline Communications Group Inc.