"The Year 2000 Import Replacement Outstanding Achievement Award" was sponsored by the Industrial Supplies Office Victoria (I.S.O). At the time, I.S.O. Chairman Bob Herbert stated that -

"The award recognised the company's innovative approach and ability to successfully and quickly identify a client's problem and develop an engineering solution to projects that would otherwise go overseas."

Austeng was proud to receive the 2006 Geelong Advertiser Business Excellence Award in the category of "Innovation in Research".