Media Statement 7 November 2000
For Immediate Release
COGNIX GROUP - A HOMEGROWN COMPANY BUCKS THE TREND
At a time when others are heading offshore, Cognix is bucking the trend and bringing the best of local expertise and
international resources to New Zealand.
Cognix Group is a successful New Zealand-based company, which specialises in identifying emerging applications for new
generation technologies and providing leading edge IT solutions.
The company which was launched today in Wellington, celebrates the merger between two successful New Zealand-based
companies, Ebit New Zealand Ltd and Cognix Ltd.
“The merger recognises our vision to build a New Zealand-based company that has the capabilities and competitive edge to
compete globally,” Cognix Group General Manager Alistair Owens said.
“It brings together the intellectual capital and resources of two innovative and result-focused companies who are
determined to remain at the head of their industry and benefit New Zealand, as well.”
Cognix Group Managing Director Partha Sarathy said that Cognix values the New Zealand market and recognises the
opportunities for growth and investment in the Australasian market.
“Cognix Group already has significant local expertise and an understanding of the dynamics of the New Zealand
“We have recently formed an innovative working agreement with major international software company Satyam Computer
Services Ltd. This means we will be able to give the best of New Zealand and overseas knowledge and expertise to our
clients,” Mr Sarathy said.
Cognix and Satyam have formed an innovative working agreement and are currently working together on building a fourth
generation, n-tier web-based billing engine - one of the largest New Zealand initiated product developments in recent
Cognix Group is also already delivering a number of significant projects in Australasia and Asia.
For further information:
Partha Sarathy or Alistair Owens
Cognix Group Managing Director Cognix Group General Manager
Ph (04) 473 8805 Ph (04) 473 8805