Sep. 15, 2009 (Business Wire) -- Home Diagnostics, Inc. (NASDAQ:HDIX), a leading developer, manufacturer, and marketer of blood glucose monitoring systems, today announced that the company has received a 2009 Governor’s Export Excellence Award. The award, part of the 2009 Governor's Business Diversification Awards program, recognizes Home Diagnostics for its international growth and increase in export sales, expansion of the company’s TRUEtest platform for diabetes monitoring, and overall contributions to Florida’s economic diversification and job creation.
Home Diagnostics won the award as a result of its strategic expansion into Latin America and more than 80 percent of the countries in Europe. Data suggests that Home Diagnostics has increased its market share throughout Latin America, as well as in the United Kingdom where it recently launched a new blood glucose monitoring system called TRUEone. Continued international expansion is a key strategic initiative for Home Diagnostics as it plans expansions into Asia and Europe in 2010.
“Our team is honored to be recognized with the Governor’s Export Excellence Award. We remain committed to supporting Florida’s economy while delivering high-quality diabetes testing supplies to people with diabetes across the globe,” said Joe Capper, president and CEO of Home Diagnostics. “Home Diagnostics is proud to help represent the best of the Sunshine State’s vibrant economy, technological innovation and job creation.”
The Governor’s Business Diversification Awards are coordinated by Enterprise Florida Inc., a public-private partnership serving as Florida’s primary organization devoted to statewide economic development. Enterprise Florida’s mission is to diversify the state’s economy and create better-paying jobs for its citizens by supporting, attracting and helping to create businesses in innovative, high-growth industries.
The 2009 Governor’s Business Diversification Awards winners were honored at a ceremony on Tuesday, September 15, 2009 in Tallahassee, Florida.
About Home Diagnostics, Inc.
Based in Fort Lauderdale, Florida, Home Diagnostics, Inc. (NASDAQ:HDIX) is a leading developer, manufacturer and marketer of diabetes management products. Home Diagnostics, Inc. offers a portfolio of high-quality blood glucose monitoring systems that spans the spectrum of features and benefits to help every person with diabetes better monitor and manage their disease. The Home Diagnostics, Inc. product line includes TRUE2go™, TRUEresult®, TRUEbalance™, TRUEtrack®, Sidekick®, TRUEread® and Prestige Smart System® blood glucose monitoring systems. The products are available in more than 45,000 pharmacies throughout the U.S.
