RESEARCH & DEVELOPMENT GRANT FROM FOUNDATION
12:00AM, 3 Apr 2007 | GENERAL
RE: RESEARCH & DEVELOPMENT GRANT FROM FOUNDATION FOR RESEARCH SCIENCE &
Scott Technology Ltd's joint venture, Robotic Technologies Limited (RTL) has
received a commitment from the New Zealand Government through the Foundation
for Research Science & Technology (FRST) for up to $3.5 million for research
and development in the meat processing sector. RTL is a joint venture
between Scott Technology Ltd and meat processing company, PPCS.
The research and development is programmed to be undertaken in several stages
over the next three to four years. Scott Technology will undertake the
manufacturing and research and development for RTL.
Graeme J Marsh Chris Hopkins
Chairman of Directors Managing Director