Video | Business Headlines | Internet | Science | Scientific Ethics | Technology | Search

 


New Brand for Crown Research Institute

NEWS RELEASE from GNS Science
19 OCTOBER 2005

NEW BRAND FOR CROWN RESEARCH INSTITUTE

The Crown Research Institute formerly known as Geological and Nuclear Sciences Limited has shortened its name to GNS Science.

The company also has a new logo, replacing the logo it has had since it was formed in 1992. The new name and refreshed logo were unveiled in the company's 2005 annual report, released this week.

Chief Executive Alex Malahoff described the new brand as a refurbishment rather than a totally new look.

" We've modernised our logo to succinctly encapsulate our values and capabilities," Dr Malahoff said.

" The stronger visual identity will make us recognisable as the major organisation in New Zealand focused on a broad spectrum of sciences from earth sciences to isotope technologies. Our purpose is to transform the knowledge from our activities into economic, social, and environmental benefits for New Zealand."

Dr Malahoff said renewal of the brand would coincide with the company's move to a new building at Avalon in Lower Hutt, which is scheduled for the end of this year. The building will house the company's Lower Hutt staff, currently accommodated in five buildings at the Gracefield Research Centre.

The new brand includes the company's Maori name Te Pu Ao, which means the origin and source of the world from atomic to planetary scales.

Major achievements during the past year included leading a successful deep-sea expedition using a submersible to explore 10 active submarine volcanoes in the Kermadec arc, northeast of the Bay of Plenty.

GNS Science secured extra funding for its GeoNet project, which will enable New Zealand to build a world-class instrument network to monitor earthquakes, volcanoes, landslides, and tsunamis. The Earthquake Commission has boosted its funding in GeoNet by $3 million to $8 million a year.

The company's extremophile facility at Wairakei has collected 200 heat and acid-loving microorganisms from New Zealand's geothermal and volcanic areas and has used DNA sequencing to identify 75 of them. The research is helping to open up exciting biotechnology applications such as treatment of waste water, bioremediation of contaminated land, and recovery of valuable metals from geothermal fluids.

Nanotechnology is another area that has made solid progress in the past year. The company's nanotechnology facility has a growing portfolio of patents and is moving closer to producing commercial nanostructures for the electronics industry.

GNS Science posted an after-tax profit of $1.2 million ($1.4 million, 2004) on revenue of $43 million ($39.4 million) for the year to 30 June 2005.

Fifty-three percent of the company's revenue came from the government's contestable public good research funding and 14 percent from the Earthquake Commission-funded GeoNet project. The remaining 33 percent came from consultancy work for a wide variety of sectors in New Zealand and overseas.

GNS Science has 280 staff based at offices in Lower Hutt, Wairakei, and Dunedin.

END

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

What Winter? Temperature Records Set For June 20-22

The days around the winter soltice produced a number of notably warm tempertaures. More>>

Conservation Deal: New Kākāpō Recovery Partnership Welcomed

Conservation Minister Maggie Barry says the new kakapo recovery partnership between DOC and Meridian Energy is great news for efforts to save one of New Zealand’s most beloved birds. More>>

ALSO:

Tech Sector Report: Joyce Warns Asian Tech Investors View NZ As Hobbits And Food

Speaking in Wellington at the launch of a report showcasing the value of the technology sector to the New Zealand economy, Joyce said more had to be done to tell the country's technology stories overseas. More>>

ALSO:

Mediaglommeration: APN Gets OIO Approval For Demerger Plan

APN News & Media has received Overseas Investment Office approval for its plan to split out its NZME unit ahead of a potential merger with rival Fairfax Media's New Zealand operations. More>>

New Paper: Ninety-Day Trial Period Has No Impact On Firms' Hiring

The introduction of a 90-day trial period has had no impact on hiring by New Zealand companies although they are now in widespread use, according to researchers at Motu Economic and Public Policy Research. More>>

ALSO:

Corrections: Serco Exits Equity Stake, Remains As Operator

Serco has sold its equity stake in the company that holds the contract to design, build and run Wiri Prison in South Auckland but continues as sub-contractor to operate the facility. More>>

GDP: NZ Economy Grows Faster-Than-Forecast 0.7%

New Zealand's economy grew at a faster pace than expected in the first quarter of 2016 as construction expanded at the quickest rate in two years. The kiwi dollar jumped after the data was released. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Sci-Tech
Search Scoop  
 
 
Powered by Vodafone
NZ independent news