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KAL Wins Prestigious Queens Award for Enterprise

Edinburgh 21st April 2011 - KAL is delighted to announce that today we received the Queen’s Award for Enterprise in the International Trade category. This award, the UK's most prestigious award for business performance, recognises UK companies that have demonstrated substantial growth in overseas earnings, commercial success and outstanding achievement in international trade.

International trade has been at the heart of KAL’s business strategy since the beginning. Today KAL has 4 Regional Offices and 11 satellite offices and employs professionals from 20 different nations with software certified in over 30 languages.

Dr Aravinda Korala, founder and CEO of KAL comments

“We are honoured to receive this award. It recognises our international commitment, focused on creating ATM software solutions to meet our global clients’ needs. International activity has been and will continue to be the cornerstone of KAL’s business as the preferred provider of ATM software to the world’s leading banks. I’d like to thank everyone at KAL for their ongoing commitment, positivity and dedication. And it goes without saying that we couldn’t have achieved our international success without the support of our fantastic customers worldwide.”

Graham Birse, Managing Director of Edinburgh Chamber of Commerce welcomed KAL’s Queen’s Award for Industry for 2011:

“KAL have long led the way in integrated software for ATM’s - which we all depend on for our cash needs. It sounds a simple thing, but it's a vital service backed up by sophisticated software, and their domination of the global market is well attested by this timely award. The economic recovery depends on companies like this who are willing to be bold in export markets. The plaudit is well deserved.”

The award reflects KAL’s remarkable track record with sales to banks in countries as far apart as China, Chile, Thailand, Japan, Hungary, Italy and the US – where it beat global competition to win the contract to supply the giant Citibank with the software system to run thousands of its ATM machines in 28 countries.

For more information about the Queen's Award here.