KAL honoured with prestigious Queen's Award
KAL, the Edinburgh-based ATM software company, announced today that it has won the highly esteemed Queen’s Award for Enterprise 2011 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.
An independent company, KAL is recognized as the world's leading ATM software company providing solutions to some of the world's premier banks such as Citibank, China Construction Bank and UniCredit. KAL software is installed and supported around the world in more than 80 countries enabling banks of all sizes to reduce costs and improve competitiveness.
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 its software certified in over 30 languages.
Dr Aravinda Korala, founder and CEO of KAL comments “We are honoured to receive this extremely prestigious award. It recognises our international commitment and expertise, focused on creating global solutions to meet our 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.
Polly Purvis, Executive Director of ScotlandIS welcomed KAL’s Queen’s Award for Industry for 2011 : "This is highly deserved award. KAL provide a blueprint for technology companies with international aspirations, and is a great example of the growing number of Scottish based businesses selling world class solutions globally.”
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.
