Archive for the ‘Media Release’ Category

Wellington returns to profit and forecasts record US$ revenue in 2021
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Wellington Drive Technologies Executive Team Change
Wellington Drive Technologies (“Wellington”) has announced changes to its executive team. Senior Vice President Sales & Business Development Steve Hodgson will be leaving the organisation following twelve years with the business.  He has agreed to assist with the transition to a new CEO so there is flexibility around his final date. “Steve has made a […]
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Wellington Drive Technologies launches Connect Monitor
Wellington Drive Technologies (“Wellington”) is pleased to announce the launch of its latest product innovation, the Connect™ Monitor, an internet of things (IoT) device designed for easy retrofitting to existing cooler fleets. Wellington’s Connect™ IoT product range remotely monitors and diagnoses cooler performance, alerts and faults, helping to efficiently manage customer service calls, minimise downtime […]
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Wellington Drive Technologies interim management
As previously announced, Greg Allen will be stepping down from his CEO role at the end of March. Greg will remain on the Board and has also contracted to provide consultancy services to the Company through to 31 December 2021. The Board has engaged Auckland based international leadership consulting firm Kerridge & Partners to assist […]
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Wellington’s 2020 financial result
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Wellington Drive Technologies announces CEO stepping down
The company advises that its CEO, Greg Allen, will be stepping down from his CEO role on or before April 1st 2021 to pursue other opportunities in Canada where he is based. To ensure that Greg’s knowledge of the industry and relationships with strategic partners and customers are maintained and leveraged by the company, and […]
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Wellington signs commercial agreement with Imbera for supply of IoT hardware and data services
Wellington Drive Technologies (Wellington), is pleased to announce that it has an agreement with Imbera Cooling (Imbera) for the supply of customer connected hardware and data services to support Imbera’s current and future requirements. Wellington will be the exclusive supplier of connected controllers, software and data services to Imbera. Wellington will provide versions of its […]
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Wellington Drive Technologies implements further cost reduction
Wellington continues to reduce costs and manage its cashflow in response to the impact of COVID-19 on its global customer base. In addition to New Zealand government wage support of $434,000, the company has received or expects to receive COVID-19 related support from other government programmes for its international offices: • Wellington’s Australian based subsidiary […]
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Wellington Drive market update on impact of COVID-19
Wellington Drive Technologies (Wellington) continues to monitor the impact of the 2019 novel coronavirus (COVID-19) on both its supply chain operations and forecast customer demand. Wellington supplies motors and IoT hardware to customers, along with related IoT data and digital marketing services.  The company’s hardware is manufactured for food and beverage brands and refrigeration manufacturers […]
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Wellington achieves highest ever revenue and maiden profit
Wellington Drive Technologies (Wellington) has today released its fully audited financial statements for the year ended 31 December 2019. Wellington is a leading provider of Internet of Things (IoT) solutions and energy efficient motors for the retail food & beverage industry. Continued growth in Wellington Connect IoT hardware and data products and continued growth of […]
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