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Baxa Corporation Awarded Colorado Governorís Award For Excellence In Exporting


WEBWIRE

Englewood, CO -- Baxa Corporation has been chosen to receive the Governorís Award for Excellence in Exporting in an announcement made last week by Governor Bill Owens. The award honors Colorado companies that have made significant contributions to exporting during the past year. Award presentations will be made at the World Trade Day Dinner on May 18, 2005 at the Grand Hyatt in downtown Denver. Baxa Corporation was honored in the large-size manufacturing company category.

Celebrating 30 years of operation in 2005, Baxa is a family-owned business headquartered in Englewood that employs approximately 300 associates. The company manufactures innovative devices and systems used in hospitals and alternate-site facilities for safe and efficient preparation, handling, packaging and administration of fluid medications. Baxa products are sold direct from subsidiary and sales offices in the United States, Canada, the United Kingdom, Denmark and Germany; and through distribution partners worldwide.

ďBaxa began exporting in 1985,Ē notes Greg Baldwin, company Chairman and CEO. ďWe recognized early on the power of international markets and their potential for growth.Ē Today, about 20% of the companyís sales are outside the United States. International sales growth for 2004 increased 29% over the previous year.

The Governorís Award for Excellence in Exporting has been presented annually since 1970, recognizing Colorado companies that demonstrate a commitment to international trade. This is the first year that Baxa Corporation has been nominated. The company joins other Governorís Award winners in the small-size manufacturing, agriculture and service categories.

About Baxa Corporation
Founded in 1975, Baxa Corporation is a Denver-based manufacturer of medical devices and systems for preparing, handling, packaging, and administering liquid medications. The company manufactures and markets a wide range of healthcare products for use in hospitals, critical care units and alternate-site pharmacies. Privately held, Baxa Corporation has subsidiaries and sales offices in Canada, the United Kingdom; Denmark, and Germany; and distribution partners worldwide. Further information is available at http://www.baxa.com.

About the Colorado International Trade Office
The Colorado International Trade Office (ITO) is a state agency responsible for assisting Colorado companies with all aspects of exporting, including counseling, protocol, leading trade missions, and conducting trade shows abroad. By promoting Colorado exports and attracting foreign investment, the ITO helps to build Coloradoís identity as an international business center. Further information is available at http://www..state.co.us/oed/ito/index.html.



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