GEO geo limited ordinary shares

Ann: GENERAL: GEO: GeoOp Awarded R&D Growth Grant

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    					GEO
    02/10/2014 15:55
    GENERAL
    
    REL: 1555 HRS GeoOP Limited
    
    GENERAL: GEO: GeoOp Awarded R&D Growth Grant
    
    GEOOP LIMITED (NZX:GEO)
    Thursday, 2 October 2014
    
    GeoOp Awarded R&D Growth Grant
    
    GeoOp Limited (GeoOp), the New Zealand based software company that offers
    complete job management to businesses all over the world, is delighted to
    announce that it has been awarded a Research and Development (R&D) Growth
    Grant from Callaghan Innovation.
    
    R&D Growth Grants supports firms with a proven track record in R&D and that
    spend a significant proportion of their revenue on R&D.  A total of up to
    $1.1 million will be allocated to GeoOp over the next three years to support
    its R&D initiatives.
    
    "R&D has been key to GeoOp since its inception in 2009, ensuring the
    development of new features and enhancements. This constant innovation and
    our obsession with simplicity allows us to accelerate the acquisition of
    customers." GeoOp CTO Jamie West continues, "A commitment to R&D has allowed
    GeoOp to successfully build features for the global market and across all
    platforms; Apple, Android and Windows. Adding to the company's R&D capacity
    will allow us to innovate faster and service more customers globally."
    
    GeoOp CEO Leanne Graham states, "In support of the Government's Business
    Growth Agenda for NZ Companies, GeoOp are very pleased to receive this
    support from Callaghan.  The provision of a Growth Grant shows real strength
    in GeoOp's plans for the future."
    
    GeoOp currently has a product development team of 23 people based in its
    Auckland office and is looking to add more people to it's talented R&D team.
    
    For more information please contact:
    Stewart Reynolds
    Email: [email protected]
    
    About GeoOp Limited www.geoop.com
    GeoOp Limited is a New Zealand-based software company that offers complete
    job management to businesses all over the world and it's neatly wrapped into
    a low cost, easy to use service with premium support.
    
    GeoOp supports business owners in their journey to find more time for the
    important things; providing intuitive software for devices that are already
    in the hands of field workers.
    
    About Callaghan Innovation
    Callaghan Innovation accelerates the commercialisation of innovation by firms
    in New Zealand. Established in 2013, Callaghan Innovation is a stand-alone
    Crown Entity that provides a range of services and support for innovative New
    Zealand businesses. The focus of Callaghan Innovation's services is to
    encourage and support businesses to turn their ideas into new products and
    services faster, and to connect them to the skills, resources and funding
    they need from concept through to commercialisation.
    End CA:00256031 For:GEO    Type:GENERAL    Time:2014-10-02 15:55:41
    				
 
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