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[sharechat] Good news for Heritage Gold s/holders

From:	"Ken Donelan" <kdonelan@ihug.co.nz>
Date:	Mon, 25 Sep 2000 13:11:05 +1200

GEN: TPW: TRUSTPOWER FORMS JOINT VENTURE WITH INSIGHT DATA

TrustPower today announced it had formed a joint venture with Insight Data of
Auckland for the production and marketing of a new power measurement and
payment device. The joint venture will be operated through a new company
called POS Power Limited - Trustpower will hold 50% of the shares in the new
company which has a capital of $1m. The device is believed to be a world
first and provides "an in the home" simple and convenient method of payment,
using either a debit or credit card. Patents have been applied for both in
NZ and overseas._

Insight Data is 100% owned by Cadmus Technology, formerly Hi Tech Investments. Heritage Gold hold 14% of Cadmus' shares with another 20% held by Heritage shareholders.

Cadmus is due to be listed shortly on the main board.

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Re: [sharechat] Good news for Heritage Gold s/holders Graham

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