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May 22, 2012
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The Kiwi Ideas Company of Masterton has been
awarded a $60,000 prize package to further expand and sell its patented steel-mesh safety goggles worldwide. Yesterday Phil Hall was named the supreme
winner of Business.govt.nz’s ANZ Flying Start Business
Plan competition, after winning over judges with the scratch and fog resistant
Safe Eyes, and a solid plan to enter overseas
markets. The other big winner on the night was Auckland’s Jeff Broad, recipient of the $10,000 exporter prize, with his climate and
irrigation management system judged to have the best export potential.
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Pacific Fibre has brought Australian ISP iiNet on board as a second
foundation customer for its ambitious international internet cable. Chief executive Mark Rushworth says he is pleased to have signed a
definitive agreement with Australia’s second largest DSL broadband
provider, which has more than 1.3 million customers. Chief executive of iiNet, Michael Malone, says customers will benefit from the increased capacity: “We have always supported
competition in the international cable space, and the additional
capacity and choice Pacific Fibre is delivering can only be good for
both our business and the industry in general.”
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A new method of producing wood-plastic pellets has been licensed by
Crown research institute Scion to a company that will see it applied in Europe to the tune of $10 million in royalties. Scion says its technology has the potential to transform the composition of
plastics worldwide; its agreement with Sonae Indústria Group gives
the group an exclusive license to manufacture and commercialise the technology in
Europe. However, the intellectual property will be retained in New
Zealand, with Scion having filed international patent applications for
the technology.
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A total of 200,000 customers have moved their
Telecom or Vodafone numbers over to the 2degrees network since its
launch two years ago. Eric Hertz,
2degrees chief executive, says the milestone coincides with the launch of its new services for businesses.The figures follow the revelation that Vodafone,
the country’s biggest mobile operator, lost 26,000 customers in the
June quarter.
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The Martin Jetpack bills itself as the world’s first practical jetpack. Built by a Kiwi, it made Time magazine’s list of the top 50 inventions of 2010. Two versions are in their final stages of
development; originally built with the leisure market in mind, it turns
out that the jetpack may have other applications in emergency response
and defence. Do you have an innovation to share? Enter the Innovator Awards and you could be up in lights.
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