Transmode selected to represent Sweden in European Business Awards PDF E-mail
Stockholm, Sweden, 12th July 2010, Transmode, a leading supplier of optical networking solutions, today announced it has been selected as a country representative for Sweden in the European Business Awards.

In this fourth year, the European Business Awards has identified Transmode based on its ability to demonstrate the three core principles of innovation, business excellence and sustainability. Transmode will now go through as one of the Swedish companies to now compete for a coveted Ruban d'Honneur in the next round of the competition. Final category Award winners will be unveiled in Paris on 16th November.

"Our team at Transmode is honored to be among the companies representing Sweden in the European Business Awards. I am delighted that the hard work and commitment from our staff is being recognised on such a prestigious platform and it's very satisfying to be classified as one of the leading businesses in Sweden," said Karl Thedéen, CEO Transmode.

The European Business Awards is dedicated to raising the visibility and progress of companies who excel in delivering innovation twinned with successful commercial results whilst acting responsibly and positively affecting the social environment they operate in. In 2009, the 99 Ruban d'Honneur recipients had a combined turnover greater than €570 billion and recorded an average annual profit growth of 56%.

Adrian Tripp, CEO of the European Business Awards says, "Over the past 4 years we've received an incredibly high standard of entries from organisations who are passionate about their business. However, very few get the chance to fly the flag for their country and compete across Europe to be recognised as one of the EU's leading companies. It really is an exceptional accolade to be picked as a Country Representative, and together with HSBC we're looking forward to seeing Sweden in the next round."

For more information on the European Business Awards please visit:-  www.businessawardseurope.com

About Transmode
Transmode is a leading provider of optical networking solutions for transport of data, voice and video traffic, based on CWDM and DWDM technology (Coarse/Dense Wavelength Division Multiplexing).

Transmode's unique Intelligent WDM (iWDMTM) approach has lead to widespread deployment of over 10000 systems in a customer base consisting of more than 250 fixed and mobile network operators, service providers, large enterprises and public institutions across Europe, the Americas and Asia.

Transmode's comprehensive product portfolio and strong global organization enable our customers to grow the capacity and to improve service level of their regional, metro and metro access networks, on a cost-efficient basis without compromising on functionality. 

For additional information about Transmode, please visit www.transmode.com

For more information please contact:

Jon Baldry
Technical Marketing Manager
Transmode Systems AB
Telephone: +44 7766 146 440
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For media enquiries relating to European Business Awards contact:

Ivor Peters
Mobile : +44 (0) 7500 003486 Landline: +44 (0) 207 234 3535
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Visit: www.businessawardseurope.com

For enquiries relating to HSBC contact:

Melissa Jobson, Media Relations Manager, HSBC CMB Europe
Landline: +44(0) 20 7992 1558
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OR

Sian Smith, Consolidated PR
Landline: +44(0)20 7781 2300
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About the European Business Awards 2010:
The European Business Awards recognises and rewards excellence, best practice and innovation in companies across the European Union. The competition is free to enter and open to organisations of all sizes and from any industry sector.

The European Business Awards programme serves three purposes for the European business community:
•     It provides examples for the business community to aspire to
•     It celebrates and endorses individual's and organisation's success
•     It provides case studies and content for learning from these exceptional organizations

An innovative, strong and thriving business community makes a successful and prosperous Europe.

*There are eight categories:

The Infosys Business of the Year Award
The RSM International Entrepreneur of the Year Award
The UKTI Award for Innovation
The HSBC Growth Strategy of the Year Award
The Award for Customer Focus
The Award for Corporate Sustainability
The Environmental Awareness Award
The Employer of the Year Award

Images available upon request

About HSBC Holdings plc
HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. The Group serves customers worldwide from around 8,500 offices in 86 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. With assets of US$2,422 billion at 30 June 2009, HSBC is one of the world's largest banking and financial services organisations. HSBC is marketed worldwide as ‘the world's local bank'.