5 December 2012 New company name for Lincoln Ventures Ltd

As of Monday 10 December, Lincoln Ventures will be called Lincoln Agritech.

After nearly two decades of science and engineering achievement under the name of Lincoln Ventures, and an organisational history that dates back to our formation as the NZ Agricultural Engineering Institute (NZAEI) in 1964, we felt the need to change our name to better reflect our unique position in the New Zealand science system as an agritech-focused science and engineering research company owned by New Zealand’s only specialist land-based university, Lincoln University.

We’ve had a long history of adding value through our research and development to the sector; Lincoln Ventures itself was created in 1994 through combining a number of operations including the New Zealand Agricultural Engineering Institute (NZAEI), the Kellogg Farm Management Unit and the Centre for Resource Management. In many ways, the new focus we’re announcing represents a link between our historical work and the opportunity that still exists to support New Zealand’s primary industries and the environment through the application of our technologies.

Lincoln Agritech’s core capabilities are well aligned with the value chain of the primary sector – from on-farm precision management of inputs such as fertiliser and irrigation, to protecting the sustainable productivity of the land and environment, to maximising the efficiency and value-add of manufacturing and processing activities by applying new sensor technologies.

We will continue to be just as active in engaging across all the key sectors we’ve previously covered including environmental services, high value manufacturing, and software consulting. Much of the work underpinning our core science platforms originated from an initial focus on identified needs in the primary sector, with the results later being applied upstream or downstream in the value chain, or in another sector in consultation with our clients. We’re excited by our current research and how it could also benefit a wide range of stakeholders.

For further information, please contact Kevin Hurren, Business Development & Marketing Manager by email or telephone 03 325 3700.