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.
