Newtec has been rated one of the top three companies in Flanders, Belgium in Ernst & Young's annual Entrepreneur of the Year(R) award. The award, now in its 16th year, honours companies for showing outstanding growth, innovation and internationalisation. Winners from each country go on to compete against 50 of the world's best entrepreneurial organizations at the award finals in Monaco. This award is being organised by Ernst & Young in cooperation with BNP Paribas Fortis and by the quality newspaper "De Tijd".
The first satellite communication technology company ever to be selected for this award, Newtec has grown consistently through innovation, since being founded in 1985 by two engineers Dirk Breynaert and Jean-Marie Maes. Now in its 25th year of operation, Newtec has a global reach and a leading reputation in the world of high-tech satellite communications. With nine offices on five continents and 300 team members responsible for customer support, commercial activities, research, development and production, Newtec continues to experience strong growth in revenues, profitability and number of team members.
"This nomination is a very welcome recognition for our past track record of growth and innovation," says Serge Van Herck, CEO of Newtec. "Our entrepreneurial spirit is based on our passion for innovation and our ability to develop products that customers really want. Newtec's constant aim is to provide solutions that meet real needs in today's world, and our growth reflects great success in doing this."
More than 2 billion people worldwide watch television images every day conveyed by Newtec technology. Newtec's DVB and DVB-S2 modulators are being used by most of the world's TV broadcasters. Newtec's television transmission customer list includes the largest and most advanced broadcasters including all European TV broadcasters member of the European Broadcasting Union (EBU), all Arab channels that are part of the Arab States Broadcasting Union (ASBU), Chinese government State Administration for Radio, Film and Television (SARFT), CNN, Fox, CNBC, Al Jazeera, VRT, RTL, Vlaamse Televisie Maatschappij (VTM), T©l©Diffusion de France (TDF), TF1, SES, Eutelsat, Intelsat, Alfacam and many others.
Since 2000, Newtec has diversified by adding complete broadband satellite systems that allow communication in even the most remote locations. This line of development has produced world-leading solutions such as Multimedia Exchange Network Over Satellite (MENOS); Sat3Play(R), a satellite broadband Internet solution for consumers; and FlexACM(R), an IP backbone data on satellite. With these advanced solutions, Newtec has opened up cost-effective global broadband communication for commercial enterprises and consumers, regardless of location.