Local Company Receives National Export Achievement Award

Albany, NY- Utility Systems Technologies (UST), a local manufacturer of power quality equipment was recognized for its success in the international marketplace. The company was presented with an Export Achievement Award from Congressman Paul Tonko and U.S. Department of Commerce officials. The award recognizes small and medium-sized businesses for their exceptional export achievement. UST is currently exporting units for sale in several foreign countries, for use by both private industry and governmental entities.

“We couldn’t be more excited about receiving this award today because it really validates the efforts we have put into marketing our power quality solutions around the globe,” said Dr. Robert DeGeneff, President & CEO. “Great thanks go to Congressman Tonko and the staff at the U.S. Department of Commerce for helping us find the right road.”

“The Export Achievement Certificate (EAC) was created in 2001 to recognize small and medium-sized enterprises that have successfully entered the international marketplace for the first time or that have successfully entered a new market,” said Cathy Gibbons, Sr. International Trade Specialist with the U.S. Commercial Service. “The award is designed to showcase the important role that exporting plays in our national economy, to highlight the contributions made by exporters and trade partners to their local communities and to recognize new exporters.”

“This award demonstrates the important role exporting can play for local companies like Utility Systems Technologies,” said Congressman Paul Tonko.  “UST’s cutting edge work to develop power solutions is opening up new markets abroad and creating jobs here at home. I want to commend UST for their commitment to excellence in their field, and to the Capital Region.

“I’m pleased that a leading energy technology firm like Utility Systems Technologies, who is playing an important role in today’s global economy, calls Albany County its home,” said Albany County Executive Mike Breslin. “I’m even happier at the great success UST has achieved and the positive impact it means to our economy.”

“You are to be congratulated for successfully manufacturing an innovative power quality product, and establishing an exporting business in a competitive global market,” added Town of Colonie Deputy Supervisor Nancy Hernandez.” Your solutions to power quality problems and partnering with Department of Commerce, addresses the importance of strengthening international economic positions for future growth in this country. Thank you for establishing your company in Latham, and we look forward to your anticipated growth.”

“We congratulate Utility Systems Technologies (UST) on receiving the Department of Commerce’s U.S. Export Achievement Award,” stated Francis J. Murray, Jr., President and CEO of NYSERDA.  “This award recognizes the success UST has had in the international marketplace, and NYSERDA is proud to have partnered with UST on its power quality technology which is manufactured in New York State and sold throughout the world.”

UST is a manufacturer of electronic voltage regulators and sag mitigation devices that are designed to improve and condition power quality for industrial applications and other critical load applications where reliable power quality is essential. The company’s products are marketed in several industries such as automotive, medical, oil & gas, food &beverage, and power generation. Other applications include government facilities, defense applications, and renewable energy applications.

The company just finished manufacture of two of its SagFighter units which will be shipped to Brazil for use by the Ford Motor Company. It also recently received an order for two more SagFighters from the U.S. Department of State for use by embassies in Chad and Tajikistan.

View Video here: http://capitalregion.ynn.com/content/560748/local-company-earns-export-achievement-award/

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In the News: August 22, 2011

Commerce Department Deputy Assistant Secretary Leads Export Discussion in Plattsburgh.

Office of Manufacturing and Services Deputy Assistant Secretary Peter Perez joined Congressman Bill Owens (NY-23) at the Plattsburgh-North Country Chamber of Commerce in Plattsburgh, NY for a roundtable discussion with local business leaders. 

*Below are two Press Releases associated with this event:

Press Republican Newspaper: http://pressrepublican.com/new_today/x151680200/Export-initiative-can-help-local-companies

Aired on WAMC Northeast Public Radio:

http://www.publicbroadcasting.net/wamc/news.newsmain/article/2706/0/1843763/WAMC.News/Commerce.Department.Deputy.Assistant.Secretary.Leads.Export.Discussion.in.Plattsburgh.


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