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Approval for Project Received

12:00AM, 28 Jan 2004 | GENERAL

Scott Technologies has advised the following:
The Directors are pleased to announce that Robotic Technologies Limited, the
company's joint venture established with PPCS Limited, has received approval
to proceed on a project to build an automated system for the processing of
lamb carcases. The project has a value of up to $3 million, depending on the
level of involvement of the Australian entities. The project will potentially
involve, along with Scott and PPCS, the New Zealand Government's Technology
for Business Growth Fund, CRF (Colac Otway Pty Ltd) an Australian meat
processing company, and the Australian meat industry body, Meat & Livestock
Australia.
The project has a duration of 18 months, and will involve substantial
research and development, combined with pre production trials.