Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


New Zealand Post Takes 30% Stake In Silent One Ltd

New Zealand Post Limited has signed an agreement to take a 30 per cent shareholding in Wellington based software development company Silent One Limited.

New Zealand Post Business Development Leader Paul Robinson said the shareholding extends New Zealand Post’s strength in electronic messaging and e-commerce capabilities.

“Silent One Limited’s electronic ‘knowledge library’ software product complements New Zealand Post’s strength in the physical distribution of information.”

The funds invested by New Zealand Post will enable Silent One Limited to expand its business and market its ‘knowledge library’ software internationally. The Internet based software, also called SilentOne, has attracted strong interest since it was released earlier this year. It has already been successfully implemented by a number of large New Zealand organisations, such as Massey University, and the New Zealand Trade Development Board who have implemented the product worldwide.

SilentOne incorporates document management capability and extends the concept to allow management of any file type in any location using an Internet based architecture.

Silent One Limited was founded by a group of Wellington business people who have had success establishing other companies in both information technology and telecommunications fields.

Managing Director of Silent One Limited, Ian Hight, said New Zealand Post’s involvement in the venture would be very valuable to future growth.

"Having New Zealand Post as part of our team is an important step in furthering the international success of the company. The relationship provides us not only with funding, but also with an established corporate partner with international contacts.”

This is the second stake that New Zealand Post has taken in technology companies this year. In March the company took a 50 per cent investment in The Electronic Commerce Network Limited (ECN).

“We are getting real benefits from our relationship with ECN. New Zealand Post has every expectation that our association with the skilled and enterprising people from Silent One Limited will be just as fruitful,” Mr Robinson said.

ENDS

For further information contact:
Ian Hight, Managing Director Silent One Limited
Ph: 04-801-6377 or Mobile: 021-650-625

Paul Robinson, New Zealand Post Business Development Leader
Ph: 04-496-4402 or Mobile: 025-444-495

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>

ALSO:

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

ALSO:

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news