Agilis GM on New Zealand’s Animal Health Market

April 6, 2022

Source: Press Release Service – New Zealand

Experienced Technical Veterinarian Ann Wilkinson, steps into the role of GM at Agilis, a key player in New Zealand’s animal health sector. A pivotal move for this innovative company, the new role builds on the strengths of the team and focuses on the delivery of product solutions for vets, clients, and the animals under their care.

Wilkinson, who joined the company last year as Technical Veterinarian, is excited by the tremendous opportunity it presents, “The timing is right. The level of investment in R&D in the animal health sector in New Zealand has been declining while the needs continue to grow. Producing safe and quality food requires attention to detail and a focus on prevention and wellbeing, while simultaneously reducing the usage of antibiotics and controlling the emergence of parasiticide resistance.”

“Agilis is well positioned to identify the unique challenges associated with New Zealand’s pastural -based animal agricultural systems, and it has a strong network of partners to research and develop solutions. Our small scale and narrow focus on local issues means we can act decisively and responsively – with agility – to bring solutions to market quickly, while not compromising on quality.”

A Massey Vet graduate, Wilkinson returned to New Zealand in 2016 after 18 years in the United States and five years in Australia, including two years teaching ambulatory medicine at Cornell and 18 years at Pfizer/Zoetis. With an extensive background encompassing strategic account management, identifying new technologies and partnership development, she is well placed to develop Agilis’ growing presence in New Zealand’s animal health sector.

“It’s a really good chance to leverage my full range of skills and experience. I’m looking forward to doing a little bit of everything. It’s really exciting and I’m confident we can make a real difference to the New Zealand animal health sector.”

Media Release 6 April 2022.

MIL OSI

Business – Air New Zealand launches recapitalisation package to refuel for its recovery

Live News

March 30, 2022

Source: Air New Zealand

After two long years of turbulence and with border restrictions now starting to ease, Air New Zealand is today launching a comprehensive recapitalisation package to repay its existing Crown loan, strengthen its balance sheet, improve liquidity and help position the airline for recovery.

The $2.2 billion recapitalisation package is made up of three parts:

a $1.2 billion pro rata renounceable Rights Offer, allowing eligible shareholders an opportunity to buy additional shares in Air New Zealand at a discount to the prevailing share price. The Crown has committed to supporting the Rights Offer and will participate in the Rights Offer to retain a 51% shareholding in Air New Zealand. The Rights Offer is underwritten, other than in respect of the Crown participation;
a $600 million issuance of redeemable shares to our majority shareholder, the Crown, of which approximately $400 million we intend to refinance through an approximately $600 million debt capital markets issuance that will be undertaken by 30 June this year, subject to market conditions; and

a new $400 million Crown loan to replace the existing Crown loan facility, which is available to the airline through to January 2026.

Air New Zealand Chair Dame Therese Walsh says, “While there will still be bumpy skies ahead over the next few years, the moment is right for Air New Zealand to raise equity, recapitalise its balance sheet and repay the loan it received from the Crown during the Covid crisis. This is an important step in refuelling for our recovery.

“When Covid struck in early 2020 we took decisive action. Routes were closed, planes parked, and the number of Air New Zealand employees was reduced by almost a third. Almost overnight, passenger numbers halved, and flight demand dropped 95 per cent.

“With New Zealand’s support, and Crown loan funding, we were able to keep the country connected. While many airlines were grounded, we’ve flown every day, bringing in vital supplies, flying Kiwis home and keeping New Zealand exports moving around the world.”

“Covid isn’t behind us yet. There will still be significant challenges and uncertainties to face, and it will take time to recover, but Air New Zealand is committed to rebuilding a stronger, more nimble airline that delivers for all New Zealanders”, said Dame Therese.

Commenting on the recapitalisation package Air New Zealand Chief Executive Officer Greg Foran said, “This is an important next step, as we are preparing to return to key international destinations, welcome international visitors back to New Zealand and launch a new service to New York.

“The last two years haven’t been easy for our shareholders with the suspension of our dividend payments since 2020 and the decrease in equity reserves. Our shareholders have been top of mind as we took action to help mitigate the impact of the pandemic while positioning the airline to survive, then revive and finally thrive in the years to come.

“We’re now focused on growing our domestic network, optimising our international routes and streamlining our fleet to more efficient and sustainable aircraft. And we’re developing more benefits and value for our millions of Airpoints members.

“Our Kia Mau strategy sets a clear flight path for the coming years and while there will always be significant risks for the airline, importantly, our recapitalisation plan will help position us to thrive again”, said Mr Foran.

The Rights Offer

As part of the recapitalisation, Air New Zealand is raising $1.2 billion through a pro rata renounceable Rights Offer. This will enable eligible shareholders to purchase up to 2 new shares for every 1 share they own in Air New Zealand at an offer price of NZ$0.53 per share. Those shareholders who take up their full entitlement will also be able to apply for additional shares in the shortfall bookbuild process. Shareholders who choose not to participate have the option of selling some or all of their rights on the NZX or, if they do nothing, they may receive some value through the shortfall bookbuild process, if the price determined in the shortfall bookbuild process exceeds the offer price.

The Rights Offer will open from Wednesday, 6 April 2022 and close on Monday, 2 May 2022, and is open to eligible Air New Zealand shareholders on the airline’s share register as at 7:00pm NZT on the Record Date of Tuesday, 5 April 2022 who are located in New Zealand and Australia and a limited number of other jurisdictions.

More information about the Rights Offer, including on the eligibility criteria and how to participate, is set out in the Air New Zealand Offer Document, which should be read together with the Investor Presentation, available at: https://airnz.rightsoffer.co.nz. These documents contain important information about Air New Zealand and risks associated with an investment in Air New Zealand. Shareholders should ensure their contact information is up to date, and importantly, seek independent financial advice where required.

Important information

This communication is not for distribution or release in the United States. This communication does not constitute an offer to sell, or the solicitation of an offer to buy, any securities in the United States. The securities referred to in this communication have not been, and will not be, registered under the US Securities Act of 1933 (US Securities Act), or the securities laws of any state or other jurisdiction of the United States, and may not be offered or sold, directly or indirectly, in the United States or to any person acting for the account or benefit of any person in the United States, except in transactions exempt from, or not subject to, registration under the US Securities Act and applicable securities laws of any state or other jurisdiction of the United States.

Notes

Explainer 1: participating in the Air New Zealand Rights Offer

Air New Zealand is offering eligible shareholders in certain jurisdictions the opportunity to buy additional shares in Air New Zealand at a discount to the prevailing share price. This Offer is open to all eligible Air New Zealand shareholders at the same time. By taking up their rights in full, eligible shareholders will maintain their same level of shareholding.

If an eligible shareholder decides not to take up their rights in full, their original shareholding will be diluted. However, eligible shareholders will have the opportunity to sell their rights on the NZX during a rights trading period.

Shareholders who do not take up or trade their rights may have the opportunity to receive some value depending on the outcome of a sale of the shares attributable to their rights at the end of the Rights Offer. Shareholders who take up their rights in full can also apply for additional shares.

Those who do not currently hold shares in Air New Zealand and meet certain eligibility criteria may be eligible to buy renounced rights and should speak to an NZX market participant. Rights purchased on the NZX may only be exercised by purchasers that meet eligibility requirements, which will be set out in the Offer Document. In particular, rights may not be exercised by purchasers that are in the United States.

Eligible Air New Zealand shareholders are encouraged to visit the Air New Zealand Rights Offer website to learn more about the Rights Offer, including how to participate: https://airnz.rightsoffer.co.nz. These documents contain important information about Air New Zealand and risks associated with an investment in Air New Zealand.

Explainer note 2: Rights Offer likely to trigger an AIR share price reset event

Air New Zealand’s share price is expected to reset in response to the company’s Rights Offer. While the Air New Zealand Board and management do not provide commentary on the AIR share price, they do wish to note the following contributing factors in relation to its Rights Offer.

Under the Rights Offer up to approximately 2,245,620,088 fully paid ordinary new shares will be issued at a ratio of 2 for 1, representing approximately 200% of existing Air New Zealand shares on issue and which will have a material dilutionary effect on shareholders’ future potential earnings per share.
The fully paid ordinary shares are being offered at $0.53 per share, representing:
- a 61.5% discount to the last traded price on NZX of $1.375 on Wednesday, 30 March 2022; and
- a 34.7% discount to the Theoretical Ex-Rights Price (TERP) of $0.81. TERP is the theoretical price at which an Air New Zealand share will trade immediately after the ex-date for the Rights Offer. It is a theoretical calculation only and the price at which Air New Zealand shares will trade will depend on many factors and may differ from TERP.
On 24 February 2022, together with the company’s Interim results for the six-month period ended 31 December 2021, Air New Zealand provided guidance for the full financial year ending 30 June 2022 of an expected loss in excess of $800 million before taxation and other significant items. Air New Zealand now expects its FY22 full year result to be a loss before other significant items and taxation of less than $800 million.
Lastly, while capital markets have held up reasonably well in response to ongoing macro-economic and geopolitical events, market volatility remains high, and uncertainty remains a prevailing theme for many investors in the current climate.

Issued by Air New Zealand Communications.

Pyro Fires to Offset 100% of the CO2 Emitted by Their Ultra Low Emission Wood Burners

Live News

March 30, 2022

Source: Press Release Service – Auckland

In a first for the wood heating industry, Kiwis and Aussies will be able to heat their homes with a zero-carbon footprint. New Zealand manufacturer, Pyro Fires, will offset 100% of the carbon emissions that each of their eco-friendly wood burning fireplaces will emit during its lifetime.

Pyro Fires has teamed up with One Tree Planted to plant 23 native trees for every Pyro sold. According to the Tāne’s Tree Trust National Carbon Calculator, this will remove up to 10 tonnes of CO2 from the environment.

Ric Chalmers, Pyro Fires’ Managing Director, says planting just a single tree can offset more than an entire year’s worth of carbon emissions produced by a Pyro Classic or Pyro Mini ULEB wood burner.

“We want Kiwis and Aussies to be able to enjoy all the benefits of a log burner without risking any harm to the environment. As such, it was an easy decision for us to plant enough trees to completely offset the amount of CO2 each Pyro will emit during its lifetime” says Chalmers.

Each donation to One Tree Planted is made by Pyro Fires on behalf of the customer. Customers can choose to have the trees planted in their name for which they will receive an e-certificate from One Tree Planted thanking them for their donation.

Native tree planting will happen across both New Zealand and Australia, dependent on the customer’s country of residence.

About Pyro Fires
The Pyro Classic was developed by scientists at the Department of Scientific & Industrial Research. The New Zealand Government tasked them with creating the most efficient and environmentally conscious home heating solution.

Pyro Fires are available in over 100 different colour options, allowing you to go green in any colour you like.

As part of the Toitu CarboNZero programme, Pyro Fires Ltd reduced their carbon footprint by more than half.

Pyro Fires Ltd has donated to One Tree Planted to plant thousands of native trees to completely offset their operational carbon footprint for the entirety of 2022.

Media Release on 30 March 2022

Media Contact
Lance Krogseter, Pyro Fires
Email: lance@fegroup.co.nz
Phone: 0800 479 763
Website: https://pyrofires.co.nz

MIL OSI

‘Cut the Red Tape’ – Sole Trader Survey Response

Live News

March 14, 2022

Source: Press Release Service – New Zealand

New Zealand’s independent sentiment index for sole traders has revealed improved financial performance for sole traders over the past six months, despite a decline in overall economic conditions, with sole traders urging for greater ‘ease of doing business’ over additional government support or funding.

The Hnry Sole Trader Pulse aims to provide a regular index for independent earners, who make up 19.7 percent of New Zealand’s working population, including freelancers, contractors, consultants, sole traders and the self-employed.

The March report shows a decline in economic conditions from the effects of Omicron and increased living costs over the last quarter, with a 20% decrease in sole traders describing the health of the economy as ‘good’ or ‘very good’ and urging for an ease of restrictions and unnecessary red tape for businesses.

Sentiments from sole traders sharing their frustrations included:
“Ease restrictions so that tourism can resume.” (Hospitality, West Coast).
“Just cut the red tape. What used to be 20-pages for a building consent is now over 100-pages!” (Architect, Taranaki).
“Reduce taxes. Petrol is expensive. Wages are expensive. Vehicles are expensive.” (Carpenter, Waikato).

Despite this, 31% described the last quarter as financially ‘good’ or ‘very good’. Tradies reported the highest improvement in financial performance, with 51% rating business currently to be ‘good’ or ‘very good’, an increase from six months ago. Sole traders continue to experience high levels of satisfaction in running their own business, with 55% describing their level of personal satisfaction in running their business as ‘good’ or ‘very good’, up from 49% six months ago.

The independent poll, commissioned by Hnry and undertaken by Resolve Strategic Between 28 Feb and 6 March, interviewed 500 sole traders. There are over 540,000 sole traders in New Zealand, over 35% of whom have more than one job.

The findings from the Hnry Sole Trader Pulse Report showed:

Sole Traders are more concerned about current economic conditions compared with 6 months ago, with the number of sole traders that believe the health of the economy right now is either ‘good ‘ or ‘very good’ having been reduced by over 20%.
Sole Traders are urging the Government to increase the ease of doing business, rather than offering additional support or extra funding.
Sole Traders are seeing a higher level of personal satisfaction than 6 months ago, with over 55% reporting ‘good’ or ‘very good’ levels, reflecting the confidence in the growing self-employed economy in NZ, despite the economic conditions.
Those Sole Traders using traditional accountants solely, or alongside small enterprise accounting software, are spending on average $11,000 per year on tax and financial administration – which is over 7 times more expensive than a more modern alternative.
Sole Traders are spending almost one working day per week (over 5 hours) on managing their tax and financial admin using those systems and services, resulting in an approximate $3.2 billion in lost productivity for NZ sole traders every year.

James Fuller, Co-founder and CEO of Hnry, says while the data shows the economic impact has had a significant impact on sole traders, the sector remains strong.

“Every year it is estimated that over 5 million people worldwide join the self-employed sector, and it is showing no signs of slowing down. Hnry has experienced 500% growth collectively across New Zealand and Australia over the past 18 months, and is proud to be supporting New Zealanders to not only earn independently, but also make this sector more widely understood.”

Fuller says the $3.2 billion lost in productivity for NZ sole traders every year could be significantly reduced through further understanding of this unique and growing sector, as well as wider adoption of more modern, efficient and cost-effective solutions.
“Traditionally the financial services industry has been focused on small enterprises and larger organisations, and hasn’t catered for the needs of the self-employed at all, and we can see that with the unnecessary amount of time and money being spent by some sole traders when it comes to their financial admin” Fuller says.
“Independent earners are renowned for having the skill set to overcome challenges and interestingly, the pandemic and wavering economic conditions has not dimmed the motivations for individuals to pursue earning income independently over salaried work. This highlights the freedom, work-life balance, and opportunities that working independently provides, and underpins the need for modern, digital accountancy services like Hnry.”

Media Release 14 March 2022.

MIL OSI

How to Safely Disinfect your Computers

Live News

March 11, 2022

Source: Press Release Service

We spend a lot of time making our homes and ourselves clean, but what about our computers and laptops etc? We use with phones, computers, and laptops very regularly, and they can be a haven for bacteria and viruses. In the current climate, we all understand it’s important to make sure everything is clean – make sure you don’t miss these devices when doing your cleaning checklist! But unlike your bench or stove, laptops, MacBooks, iPhones, and computers in general are sensitive to liquids – so how do we keep them clean?
Why is it important to clean your computer or phone?
Pause a moment and think about just how much time and touch you have with your devices each day. We regularly hold our phones, put them up against our faces, type on our laptop or desktop keyboards, and swipe fingers on tablets. Everyone is different, of course, but one study estimates that we touch our phone about 2,617 times per day!
So how frequently should we be cleaning our computer? It depends on how much you use them, but once a day will probably be enough. But if you have concerns, you may do it more often. At Computer Help NZ, we physically clean your laptop, desktop or tablet when it comes in for repair and then again after the technician has completed the repair.
Before we get into the HOW-TO of cleaning your computing devices, it’s worth reminding you how important it is to wash your hands. You can clean your computer or phone 100 times a day, but if your hands aren’t, it won’t help.
How to disinfect your computer without damaging them
What chemicals can you use on your computer or phone?
Disclaimer: Before cleaning your phone, laptop, or keyboard and mouse, it is essential to check with your specific manufacturer for cleaning instructions. We’ve done our best to give you good general information but your computer or phone etc may be different so check with the manufacturer.
Many modern devices, such as iPhones, have what is called an oleophobic coating on the glass surfaces. This is designed to help keep fingerprints and oils from your skin from smearing on your device. Some cleaners, such as Spray ’N wipe or bleach, may degrade that coating.
However, several manufacturers, such as Apple and Samsung, have made changes to their cleaning instructions. Apple now says it’s okay to use 70% isopropyl alcohol solution or (bleach-free) Disinfecting wipes. Samsung has approved 70% isopropyl or ethanol solutions as well as other disinfectants, like bleach acid-based solutions.
Disinfecting your smartphone and tablet
Turn the phone off. Not just asleep, but actually off. It’s vitally important to shut off your phone or tablet before cleaning it! Electricity and liquids are not a good combo! Make sure you also unplug it from its charger. It’s also important you should work hard not to get any liquid inside any opening on your laptop or computer, but if you do with the power off it will be protected short-circuiting. If you have a protective cover, take it off and clean it separately, so you can get in nooks and crannies.
Use a microfiber cloth. These things are amazing! Both gentle and also “abrasive”. When looking a cloth to wipe your computer down, you want to use lint-free, non-abrasive materials that won’t scratch surfaces or leave stuff behind. Microfiber cloths, have very small fibres that have the benefits of an abrasive surface but without the scratching! Paper towels and tissues should be avoided.
Avoid applying directly. When using a solution like a 70% isopropyl, don’t put it directly to your computer, laptop, phone or desktop. Instead, spray a small amount onto your microfibre cloth and use that to wipe it. If you are using a bottle, make sure not to put too much on the cloth.
Be gentle. Remember, your phone (and laptop too!) is delicate! It’s a complex machine of technology and doesn’t usually respond well to rough treatment (I don’t even like it when my kids throw their laptop a metre onto their bed!). So don’t apply too much pressure. Gently wiping with your cloth and cleaning solution is more than enough. If you push too hard on the screen, it can be damaged.
Avoid openings. We touched on this before, but it’s vital to avoid getting any of your cleaning liquid inside the small cracks and openings of your device. For phones, it’s frequently the charging port. For laptops and desktop computers, it’s the USB ports and other ports. Pay especial attention not to get liquid in the USB ports on your laptop or desktop because USB is not a passive connector but carries a voltage and can really mess up your computer if you get a short circuit.
Let it dry. After you’ve cleaned your computer (did you know your phone is a tiny computer? A computer much more power than the one they used to land on the moon. 100,000 times more powerful, approximately), make sure to allow it plenty of time to air dry before turning it back on. If you’ve removed a case or protective cover and cleaned it separately, give it a few minutes to dry before putting it back together.
Disinfecting your laptop, keyboard, and mouse
Power down. Just like cleaning your phones, before cleaning your laptop, shut off its power and unplug the power supply. If you can, look at the bottom of the laptop and see if there is a quick release leave to remove the battery as well. If it’s a desktop computer or an all-in-one, then remove the power supply or cord from the wall socket.
Use a microfiber cloth. As we mentioned higher up, when you’re cleaning the keyboard or screen on your laptop, make sure to use a cloth that won’t scratch or leave little bits behind. No paper towels!
Avoid excess cleaner. Whether you’re spraying or pouring on a cloth or even just using wipes, it’s important that you wring out extra liquid. Some wipes are quite dry, but some are dripping wet. It shouldn’t be dripping. You don’t want those drips getting in being your laptop or desktop keyboard and causing trouble.
Dry it off. After wiping your computer’s keyboard and screen, you can usually leave them to air dry, but if you notice excess liquid, you can use a dry microfibre cloth to dry it off.
Keys. Don’t try to remove these or clean underneath as most aren’t removed without breaking the keyboard and often this requires an entirely new keyboard – which for a desktop can be anything from $20 – $100 but for a laptop can be hundreds.
Mouse or Trackpad. If it’s a wired mouse that connects to your Desktop PC, iMac or All-in-One (AIO) then it’s a good idea to unplug it before cleaning. If it’s a wireless mouse, shut it off and remove the batteries.
For a trackpad, make extra sure there isn’t excess liquid dripping off the cloth, as we really don’t want liquid to get in behind the trackpad.

Computer Help NZ at https://chnz.co.nz/

Media Release 11 March 2022.

MIL OSI

Techemynt Furthers the Reach of First New Zealand Dollar Stablecoin: $NZDS

Live News

March 11, 2022

Source: Press Release Service

New Zealand Registered Financial Service Provider Techemynt (https://www.techemynt.com/) today announced the further accessibility for the first New Zealand dollar stablecoin, $NZDS. Techemynt has launched a new website and investor portal, streamlined processes for buying and staking $NZDS, as well as additional exchange and OTC listings, all of which will widen the reach of the stablecoin.

Over the last few decades, the New Zealand Dollar quickly rose to become one of the top traded forex currencies in the world, widely known for its resilience, adaptability and market trustworthiness. $NZDS is backed 1:1 with physical New Zealand Dollars in a cash and cash equivalent treasury managed by a New Zealand registered financial services provider, $NZDS offer crypto users the stability of the New Zealand Dollar with the utility that digital currencies allow. The stablecoin has been designed to be 100 percent transparent at all times, with EY attestation reports posted on Techemynt’s website.

“Techemynt is striving to nurture a healthy ecosystem for $NZDS. Today we are pleased to announce our market maker has gone live and so have several exchange integrations. These include trading pairs for $NZDS against BTC, ETH and USDC on both Blocktane DEX as well as Dassetx.com the CEX. Furthermore we are finalizing integrations with other leading exchanges and beginning to cycle liquidity from these markets to even out the pool ratios on DFX.finance,” stated Fran Strajnar, Executive Director of Techemynt.com. “With a healthy secondary market and attractive double digit APY available on DFX.finance these integrations create a competitive environment for individuals and institutions to put their NZ Dollars to work in a self-custodial manner. Our sister company Techemy.Capital is also offering a white-glove service for users looking for a custodied/turn-key yield solution.”

Accredited and wholesale investors can purchase $NZDS directly from Techemynt through their onboarding portal, as well as secondary markets including New Zealand-based exchange Dasset and Web3 exchange DFX. With $NZDS going live on Blocktane and Dasset, this expands the on and off ramps.

“We are thrilled to bring access to more top quality national currency stablecoins such as $NZDS to broaden the reach of our global liquidity, and to partner with a top tier issuer such as Techemynt,” said Blocktane’s CEO John Willock.

A curated investor portal has been launched, which provides off-chain support, on-boarding assistance, and buying and selling services. The Portal caters to market makers, individuals, liquidity partners and has a $100k NZD minimum transaction size. Retail users may prefer one of the growing number of centralized or decentralized exchanges to buy/dispose of $NZDS.

“From here, the liquidity and AuM of $NZDS will continue to grow and we expect to quickly move to the next phase which includes blue-chip DeFi integrations, further yield and arb opportunities as well as integrations to wallet providers and everyday payments/FinTech apps and services. Our aim is to have $NZDS offer regulated, fast and liquid opportunities with the full transparency of blockchain as a foundation to encourage startups and incumbents alike to innovate and integrate with $NZDS,” added Strajnar.

This growth of accessibility creates opportunities for more people to buy and sell in a more stable, transparent way. To learn more about $NZDS please visit https://www.techemynt.com/ or follow on Twitter @techemynt.

Media Release on 9 March 2022

Media Contact
Fran Strajnar, Techemynt
fran@techemy.co
0275112611
https://www.techemynt.com/

MIL OSI

Kelray Heating Expands to Canadian Market

Live News

February 27, 2022

Source: Press Release Service – Auckland

Homegrown heating company, Kelray Heating are introducing their range of infrared outdoor heaters to the Canadian market.

Launching earlier this year, Kelray Heating Canada is looking to build upon their parent company’s success in New Zealand. Kelray Canada hopes that similarities in atmospheric conditions and parallels in lifestyle habits of Canadians will mean their products are similarly embraced in the region.

Kelray Heating are New Zealand’s sole local manufacturer of infrared outdoor heaters and were founded to solve issues unique to the country.

“Unfortunately, outdoor heaters manufactured abroad are not made for our harsh coastal conditions”, explains Kelray Heating NZ owner, Clive Menkin. “Most outdoor heaters available to Kiwis use 304 grade stainless steel or anodized aluminum. While this may be sufficient in inland areas, 304 grade is susceptible to corrosion in saline environments”.

“This caused a lot of frustration among home and business owners here in NZ, who were finding their outdoor heaters deteriorating in just a couple of years or so”.

Kelray set out to solve this problem and created the world’s first electric infrared heater constructed using marine-grade 316 stainless steel. 316 grade stainless steel includes added molybdenum, an element that drastically enhances corrosion resistance to chlorides.

After over a decade of success in the New Zealand market, Kelray’s expansion into the Canadian market will be the company’s first major step into taking its product global.

“Canada was the perfect fit for us”, says Menkin. “The mixture of coastal town and cities with alpine environments on the Eastern and Western seaboards is very similar to the conditions our heaters have been tried and tested in here in New Zealand”.

“A lot of the feedback we have heard coming out of Canada echoes the frustrations we were hearing in New Zealand when Kelray first set out to produce our heaters”.

“Home and business owners don’t want to be replacing their outdoor heaters every couple of years – they deserve an investment that lasts.

Kelray Canada will be operated by Menkin’s daughter and son-in-law and based out of Squamish, north of Vancouver, on the Sea to Sky Highway.

Kelray is currently exporting their outdoor heaters from New Zealand for assembly in Canada, however, they plan to manufacture their heaters in Canada in late 2022.

Media Release on 27 February 2022

Media Contact
Clive, Kelray Heating
Email: info@kelrayheating.co.nz
Phone: 0800 535 729
Website: https://www.kelrayheating.co.nz/

MIL OSI

Momentum Life is awarded both the Feefo Platinum Trusted Service Award and Reader’s Digest NZ Silver Quality Service Award for 2022

Live News

February 17, 2022

Source: Press Release Service – New Zealand

Since 2017, Feefo has recognised Momentum Life as a business who delivers exceptional customer experiences, having been awarded Feefo’s highest accolades – Gold Trusted Service and the Platinum Trusted Service Awards for the past six consecutive years.

The Awards are unique as they are based purely on feedback from real customers. This means they are a true reflection of commitment to outstanding customer service.

Feefo have given Platinum Trusted Service awards to businesses who have achieved Gold standard for three consecutive years. To receive a Gold Trusted Service award, businesses must have collected at least 50 reviews from verified customers with a Feefo service rating of between 4.5 and 4.9 between 1st January 2020 and 31st December 2021.

Eugeniu Jalba, Chief Executive Officer for Momentum Life commented: “We put our customers at the heart of everything we do at Momentum Life, so to receive this award for the sixth year from Feefo, means so much to us. As it is based on genuine feedback from our customers, we are reassured to know that we are, ultimately, providing them the very best in customer service. This award also highlights just how tremendously our staff have performed over what has been a very difficult past two years. No matter what the coming year has in store, Momentum Life remains fully committed to providing our customers the highest quality of service.”

Congratulating Momentum Life, Kim Burgess, Head of Customer Success at Feefo, said:
“The Trusted Service Awards recognise companies who go above and beyond to provide the very best customer experience.

“I’m so impressed by how our customers have overcome the challenges of the past two years. A particular congratulations to our Platinum Trusted Service winners. It’s an extremely tough challenge.

“I can’t wait to see what our customers achieve in 2022.”

Reader’s Digest NZ also recognised Momentum Life’s ongoing dedication to providing best in class products and experiences by awarding them the 2022 Silver Quality Service Award for Funeral Insurance for the second year running. This award recognises New Zealand companies that truly understand and value consumer needs.

New Zealanders can call 0800 111 679 for a no-obligation quote.

-Ends-

About Momentum Life

Momentum Life is a licensed New Zealand life insurance company, providing New Zealanders with easy and straightforward insurance solutions. They specialise in life insurance and funeral insurance.
Momentum Life is also a proud supporter of Heart Kids, the only charity in New Zealand dedicated to providing lifelong care and support for children and families living with childhood heart defects. A portion of all Momentum Life’s first-year insurance premiums are donated to support the valuable work Heart Kids does across the country.
To learn more please visit momentumlife.co.nz

Disclaimer: The information provided in this article is of a general nature only and does not take into account your personal situation or goals. You should consider whether the information is appropriate to your needs and seek independent financial advice, if required, to ensure an insurance product is suitable for you.
Any product information is correct at the time this article was published. For current product information, please visit the Momentum Life website.

Media Contact
Ginny Rolls, Momentum Life
momentumlife.co.nz
ginny.rolls@momentumlife.co.nz
+61403701751

MIL OSI

Raygun Appoints Eliza Clulow New VP of Growth

Live News

February 15, 2022

Source: Press Release Service

Award-winning New Zealand software company Raygun, has announced the leadership appointment of the highly-accredited Eliza Clulow (previously Dawes), as the new VP of Growth.

The appointment of Clulow aims to propel the globally-recognised software error and performance monitoring solution further forward in its international expansion, maintaining Raygun’s commitment to developers having the best of breed tools at work.

Raygun, named Most Innovative Hi-Tech Software Solution at the 2020 Hi Tech Awards, monitors software errors and performance to help their clients deliver flawless digital experiences, serving leading global brands such as Coca-Cola, Domino’s Pizza, Microsoft and Samsung.

Clulow, based in Australia in the newly-appointed global role, joins Raygun from Microsoft’s Github, where as the Director of APAC Marketing, Clulow and her team achieved 70% year-on-year growth, and were behind Github’s successful launches into the world’s two largest markets, India and The Greater China Region.

Welcoming the appointment, Raygun CEO, John-Daniel Trask says Clulow’s credentials make her an ideal fit to assist Raygun in launching its global growth strategy, where she will lead the Sales, Marketing and Channel Partner functions.

“Eliza brings first-hand experience in building high growth teams, as well as a deep understanding of the software development market with her time at GitHub and Rackspace. We’re excited to have her join the Raygun Leadership Team for our next stage of growth,” says John-Daniel Trask, CEO of Raygun.

Clulow brings an array of entrepreneurial and strategic skills as well as a proven track-record in development and implementation of effective marketing strategies.

From an apprentice-chef to a personal trainer, Clulow founded Australia-wide wellness business, 6WC, before venturing into the software industry, where she now describes herself as a ‘customer-focussed disruptor, passionate about best in breed technology and tooling.

“I’m hugely passionate about providing developers, and the enterprises they work for, best in breed tooling. Raygun does just that – providing developers real time insights and enterprises visibility into their code quality, allowing them to move faster, more efficiently,” says Clulow.

“I am thrilled to be joining Raygun, one the most exciting APAC founded tech companies. After collaborating with Raygun in my role of Director APAC Marketing at GitHub I was struck by the company culture and particularly interested in the opportunity to scale an APAC company to a global audience,” says Eliza Clulow, VP of Growth, Raygun.

Over 100,000 developers use Raygun in more than 120 countries, helping software teams monitor over 50 billion errors to give their customers a better digital experience.

Media Release 15 February 2022.

MIL OSI

Giftbox Raise Over $17,000 For I Am Hope Charity

Live News

January 27, 2022

Source: Press Release Service – Auckland

Online gift retailer Giftbox Boutique has raised $17,864 for the I Am Hope charity through their pre-Christmas donation drive. Every year leading into the Christmas period, Giftbox Boutique runs their red ribbon campaign.

The red ribbon campaign offers customers the option to replace the standard black ribbon with a festive red ribbon for an additional $1. Giftbox Boutique then matches all these donations resulting in a $2 donation for every gift box that leaves their depot with a red ribbon.

This year the company set a goal to make this red ribbon appeal their most successful to date. They managed to blow last years’ donation out of the water, doubling their collection from 2020.

The 2020 red ribbon appeal saw an impressive $8,804 raised for the SPCA.

“We are over the moon with the results of our 2021 red ribbon appeal”, says Giftbox Boutique Director, Katie Gray. “Being able to double our donation from last year is a real testament to our supportive customer base”.

The 2021 red ribbon appeal varied slightly from past appeals. In the past, the company left it up to their Facebook followers to vote on the chosen charity for that year.

“We were a little worried that removing the voting aspect could hurt our chances of raising a large sum. After such a testing year, we wanted to contribute to a charity that contributed to supporting Kiwis with their mental health. I am Hope was the perfect fit”.

“We are so happy that our lovely customers felt the same way and really threw their support behind it”.

The next ribbon appeal from Giftbox Boutique will commence in the lead up to Mother’s Day and will be available on the purchase of all Mother’s Day Gifts.

Media Release on 27 January 2022

Media Contact
Giftbox Boutique
hello@giftboxboutique.co.nz
0800 443 826
https://www.giftboxboutique.co.nz/

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