NEWS & EVENTS

Stratech lands two out of the five coveted awards for its leadership & excellence in technology innovations

  • Wins from IPOS are based on its patented technologies and methodologies that power Group's flagship iFerret™ airfield /runway surveillance system
  • Stratech is also the first to secure the WIPO IP Enterprise Trophy as the most outstanding award recipient across all categories
  • Major industry acclaim underscores growing global acceptance of its proprietary intelligent Vision technology

Tireless efforts to transform the surveillance and security industry through innovative, even visionary technologies have won The Stratech Group (Stratech or the Group) two out of the five landmark accolades from the Intellectual Property Office of Singapore (IPOS).

The wins – based on its patented technologies and methodologies that drive the Group's flagship iFerret™ airfield/runway surveillance system – demonstrate why Stratech's proprietary intelligent Vision technology is fast taking the lead not just in Singapore but around the world.

Launched in 2013 by IPOS in partnership with the World Intellectual Property Organization (WIPO), the annual awards applaud excellence in innovation and creativity, singling out organisations that have successfully leveraged their IP and established themselves as role models in their industries. The criteria include outstanding patent portfolios, successful trade mark portfolios and truly innovative designs. To date, only eight organisations have received a WIPO-IPOS IP Award – those honoured include the Agency for Science, Technology and Research (A*STAR) and Siemens Medical Instruments Pte Ltd.

This year, Stratech has garnered the IPOS Award for Technology Patent, which salutes organisations whose patented inventions have given them a definitive technological and competitive advantage, while benefiting society at large.

Moreover, as the most outstanding award recipient overall, Stratech has also landed the WIPO IP Enterprise Trophy, which lauds organisations for creative use of IP in their business activities. The trophy was rolled out for this year’s awards, which makes Stratech the very first company to be accorded this distinction.

The Group's Executive Chairman, Dr. David K.M. Chew said: “We are delighted and honoured to have earned such overwhelming recognition from IPOS. These awards show that everything we have worked for over the years has come to fruition – that our tireless efforts to create a better, safer world through groundbreaking technologies are revolutionizing the surveillance and security industry.”

“This endorsement will propel us further in our commitment to innovation and quality, as we continue to invest in our people and enhance our operations at every level. Now, we are even more determined to win global acceptance for our cutting-edge products such as iFerret™, while growing our recurrent income base through maintenance contracts for clients already in the fold.”

Clients of the iFerret™ include Singapore's Changi Airport, Dubai International Airport in the United Arab Emirates, Hong Kong International Airport and one of the world's top air forces. Last month, the Group added its first client from a US commercial airport, Miami International Airport, to its client base.




Press Contacts

The Stratech Group Limited
Ms Phoebe Heng
Tel: (+65) 6799-6509, 6323-2188
Fax: (+65) 6323-2177
Email: Phoebe_PS_HENG@TheStratechGroup.com

OakTree Advisers Pte Ltd
Ms Carol Chong
Mobile: (+65) 9475-3167
Email: carolchong@oaktreeadvisers.com

OakTree Advisers Pte Ltd
Ms Nora Cheng
Mobile: (+65) 9634-7450
Email: noracheng@oaktreeadvisers.com