Sub10 Systems Recipient of 2015 Queen’s Award for Enterprise
San Jose, California — April 21, 2015 — Fastback® Networks today announced that Sub10 Systems, which recently merged with Fastback, has been named a winner of the Queen’s Award for Enterprise, the UK’s highest accolade for business success. Sub10 Systems received the award for International Trade, citing outstanding growth in its export earnings of 290% in the last 3 years.
Sub10 Systems, founded in 2010 in Devon, UK, and now the European headquarters of Fastback Networks, provided advanced systems for the delivery of wireless broadband using millimeter wave frequencies to enable widespread availability of mobile services. Worldwide customers include Internet service providers, mobile operators, government and private enterprises, all deploying the groundbreaking devices developed by Sub10 Systems to enable expansion of high capacity mobile services. The products are sold through distributors or directly to integrators and service providers with global reach.
“We are honored to receive the Queen’s Award for Enterprise in recognition of our achievements,” said Stuart Broome, Chief Sales & Marketing Officer, Fastback Networks, and former CEO, Sub10 Systems. “From our beginnings in Devon, to the merger with Fastback Networks, we are building a global business through research, innovation, and successful business development in foreign markets to play an ever increasing role in the mobile future worldwide.”
Approximately 160 Queen’s Awards have been issued in 2015 for outstanding business achievement in the fields of International Trade, Innovation and Sustainable Development. The Queen’s Awards are made annually by The Queen, in recognition of the highest levels of excellence demonstrated in each category. Winners of The Queen’s Awards can expect an invitation to attend a special reception at Buckingham Palace.
About Fastback Networks
Fastback Networks was founded with a vision to deliver innovative technology for the mobile infrastructure of the future. Fastback solutions enable network operators to expand and enhance services, and private networks to secure, monitor and manage operations via high capacity data connectivity. With insights derived from the collective team’s experience building leading edge radio and data networking solutions, Fastback Networks looks at the challenges of 4G/5G LTE deployment with fresh eyes and better ideas, and develops transformational mobile backhaul solutions that enable the acceleration of the mobile future. Fastback Networks is a privately held company funded by Business Growth Fund, Foundation Capital, Granite Ventures, Harmony Partners, Juniper Networks Junos Innovation Fund, and Matrix Partners. More information is available at www.fastbacknetworks.com.
