TEXA WINS THE “FROST AND SULLIVAN 2007” AWARD FOR INNOVATION

The Italian firm which has been recognized as the leading European manufacturer of tools for automotive diagnostics

The Italian company “TEXA” is the leader within its sector of multi brand diagnostics for cars, bikes and trucks. As a result; it received the prestigious “Frost and Sullivan 2007” award for innovation at Nizza.

TEXA has become the finest European manufacturer within the electronic diagnostics sector.

The prize represents TEXA’s motivation and it recognises the firm’s reputation for being able to implement new technology. Examples of which are the Axone Palm and the Axone Pad which both provide the use of the Google Search function.
TEXA is now able to take significant steps forward with the development of its products to remain ahead of its competitors.

A group of companies from Europe received, awards including British Telecom and France Telecom, but TEXA was the only Italian company honoured. Texa were also mentioned for their ability to have reached this level within 15 years.

TEXA’s founder and President, Bruno Vianello, stated: “I am proud to have received the award and it is something I would like to share with my staff. Our products are 100% “Made in Italy”, created, developed and manufactured in Italy.
I believe that the technology which we use conveys our country’s friendly, simple and efficient culture. I am convinced that the passion and enthusiasm that we put into our work has aided our success.”
The Frost and Sullivan prize was awarded to TEXA at the end of a period of large expansion with a 25% business growth compared to the previous year; earning the company up to 50 million Euros and a staff growth from 287 to 333.
Compared to the year 2000, Monastier’s (in the province of Treviso) business’ affairs has increased by approximately 650%.

The agreement with Google has been an important factor in TEXA receiving the Award, and this has led to the introduction of the new Axone Pad & Palm, which is undoubtedly superior to its competitors and allows the technician be deal with the increasing complexity of electronic systems fitted to today’s vehicles.

In response to the new Block Exemption rules (or ‘Monty’s Law’), where a customer now has the choice of using a garage outside of official dealer network, an independent workshop with the correct equipment can now service and repair new vehicles without affecting any manufactures warranty. This is where TEXA is now providing new tools and services to support the independent garage network.

Texa was founded in 1992 a Monastier di Treviso. Today it is a leading European company which created, developed and manufactured diagnostic tools for trucks, bikes and the growing number of cars.
It has been calculated that, in 2007 Texa earned around 50 million Euros which is more than a 15% increase from the previous year.
Texa trades throughout the world through the aid of its branches which trade directly in Spain, France, the UK, Germany and the US.
At present, Texa employs around 350 staff, a young work force (32 is the average age), 45% hold a degree of which around 90 are engineers and specialists in research and development.