PRESS RELEASE FUTURE FIBRE WINS BUSINESS OF THE YEAR – Monash Business Awards

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PRESS RELEASE FUTURE FIBRE WINS BUSINESS OF THE YEAR

July 25, 2008 crimson Uncategorized 0 comment

A fibre optic ‘spyware’ technology company was named the Business of the Year at the annual Monash Business Awards presentation on 25 July.

Located in Mulgrave, Future Fibre Technologies provide intrusion detection systems for governments, military and businesses around the world. Their clients include the US Military and Intelligence Agency, North Atlantic Treaty Organisation and the governments of Singapore and Australia.

Strong commercial growth in both the domestic and overseas markets, and a strong focus on continual product improvement, has seen FFT become market leaders in their field.

In accepting the Award, FFT Business Development Manager, Paul Rowan, attributed the company’s success to the rise in global terrorism and oil theft threats.

“There is no European or American company that can do what we do. It is virtually unique in the world,” said Mr Rowan.

Hosted by Russell Hannan, Monash Business Awards Chairman, other winners on the night included Bestchance Child Family Care in the Innovation category, Acromet Pty Ltd (Manufacturing), Griffiths Coffee (Small to Medium Enterprises) and Web24 Pty Ltd who received the Small Business Encouragement Award.

The Monash Business Awards was established in 1994 by a small group of senior executives from private sector organisations and local government. Today, it gathers together representatives from over 150 businesses and schools in the City of Monash.

Economic Development Manager, Jeff McAlpine said that the Monash Business Awards promote business success and excellence through the recognition of significant achievements and innovations.

“Award nominees make a presentation to guests at regular business functions, which also host a keynote speaker. These events provide business people with the opportunity to meet, exchange ideas and discuss current issues,” said Mr McAlpine.

Other finalists in the 2008 Monash Business Awards were Pinewood’s Pierre’s Oyster Seafood Restaurant and family-owned smallgoods company, Ridders Fresh.

Each year the Monash Business Awards, in support of local charitable organisations, donates a sum of money to assist in meeting the various needs within the community. In June, the wonderful work of the Glenallen School was acknowledged by the business community when Chairman Russell Hannan presented School Liason Officer Robyn Fenton with a $1000 cheque towards a new wheelchair accessible playground.
Enquiries may be directed to the Monash Business Awards on 9518 3587 for further information.