On January 18, 2006 Electroglas Pte. Ltd. held its annual Supplier Awards banquet in Singapore and Moritex USA Inc. was honored for its services & support throughout 2005. Moritex was the recipient of one of the three awards that are meant to distinguish the suppliers that best exemplify the leadership and quality of service vital to Electroglas' products and overall success. An advertisement thanking Moritex and the other award winning suppliers was posted in Singapore's Business Times.