Canterbury
continues hi tech awards success |
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| 14 November 2004 |
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Last year’s
inaugural inductee into the New Zealand Hi Tech Hall
of Fame, Sir Angus Tait, has been joined by another
highly successful entrepreneur with strong Canterbury
connections – Neville Jordan.
Mr
Jordan, who completed an engineering degree at the University
of Canterbury and went on to establish a highly successful
international technology company, was last night (Saturday)
named as the second inductee into the Hi Tech Hall of
Fame and the 2004 winner of the Tait Electronics Flying
Kiwi Award.
The
honours were announced as part of the annual Westpac
New Zealand Hi Tech Awards, held in Wellington.
Mr
Jordan graduated from Canterbury with a degree in electronics
in 1966 and went on to establish MAS Technology, a business
designing and manufacturing telecommunications microwave
equipment. The company grew from a one-man operation
in 1976 to become an employer of 250 staff, earning
more than $100 million per year in foreign exchange
through exports to 60 countries.
In
1997, Lower Hutt-based MAS Technology became the first
and only private New Zealand firm to successfully list
on the NASDAQ national market in the United States.
Mr
Jordan went on to establish Endeavour Capital, a venture
capital business currently investing in several exciting
New Zealand-based science, research and technology enterprises.
Mr
Jordan was delighted to strengthen his links with Canterbury
by opening an Endeavour Capital Christchurch office
and the company’s institutional investment partners
now include Ngai Tahu and Christchurch City Council.
“
This is indeed an honour to receive the Flying Kiwi
award,” Mr Jordan told the audience at last night’s
function. “In fact I can’t think of anything
better than to be following Sir Angus Tait into the
Hi Tech Hall of Fame.”
In
his address to the function, Professor Roy Sharp, Vice-Chancellor
of the University of Canterbury, described Mr Jordan
as “an illustrious graduate” of the university.
“
More recently his work with Endeavour Capital has been
great, and I am particularly pleased that he has opened
a Christchurch office because that will help the young
researchers of the region to get their R&D (research
and development) to the market,” Professor Sharp
said.
The
Minister for Research, Science and Technology, Pete
Hodgson, said Mr Jordan had also played an important
governance role for the Government, serving on the boards
of AgResearch and the Foundation of Research, Science
and Technology.
“
Today [Mr Jordan serves] as a member of the Prime Minister’s
Growth and Innovation Advisory Board where I get to
watch him in action, and he’s impressive. It’s
a richly deserved award.”
The
Tait Electronics Flying Kiwi Award celebrates New Zealanders
who achieve significant success in the hi-tech sector
for themselves and their organisation through immense
and sustained personal effort.
After
winning the inaugural Flying Kiwi honour last year,
Sir Angus agreed to sponsor this year’s award.
“
I’ve long felt a responsibility to help foster
a strong local hi-tech industry, hence our participation
in the New Zealand Hi Tech Awards,” Sir Angus
said. “In particular, I’m pleased that this
award recognises the achievements of our industry’s
most committed individuals.”
The
award judges said of Mr Jordan: “He will always
be remembered for being the first kiwi to fly in one
of the world’s iconic stock markets, and his success
is still a benchmark towards which other New Zealand
technology companies can aspire.”
Mr
Jordan’s philanthropic activities through the
Jordan Foundation include funding many educational scholarships
as well as supporting the performing arts and various
other charities. In 1999 he was invested as a Companion
of the New Zealand Order of Merit.
For
further information, please contact:
Neville Jordan
Executive Chairman
Endeavour Capital
Ph 04 499 5140
Mob 021 421 200
www.ecap.co.nz
Released
by Simon Hendery, Bullet PR
Ph: 09 375 1515, Mob: 021 503 181, Email: simonh@bulletpr.co.nz