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Toumaz wins industry award

Last updated: 19:05 25 Nov 2013 AEDT, First published: 20:05 25 Nov 2013 AEDT

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Toumaz (LON:TMZ), which designs chips for digital radios, has been awarded the NMI’s product excellence award for its Venice 6.5 dual-band connected consumer audio module.

The prize recognises its innovative design, reducing energy consumption “without compromising end-user functionality”.

NMI is the UK trade association representing the Electronic Systems, Microelectronics and Semiconductor Communities.

Chief executive Anthony Sethill said: “This is a great endorsement of the quality and functionality of our connected audio Venice module.

“We are pleased that our innovative technology and ability to develop and produce such high-quality solutions is recognised by our industry.”

Toumaz shares dipped to 4.3p each on Monday.

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