IRD applies to put Exicom into liquidation

Application to be heard in the High Court this month

The Commissioner of Inland Revenue has applied to put Exicom Technologies into liquidation. The application will be heard in the High Court in Wellington on August 18.

In April, a receiver was appointed to Exicom Holdings. Receiver Anthony Harris said at the time that Exicom Technologies was not in receivership. It was a wholly owned subsidiary of Exicom Holdings.

The Porirua-based wireless communications company had run into debt problems. The creditor who sought the receivership was long-established trade financier S H Lock NZ Ltd.

Exicom, which designs, manufactures and exports a range of VHF, UHF and microwave wireless systems, began life in New Zealand in 1913 as AWA. It was bought by Exicom Australia in 1988.

In 1996, employees and members of the Porirua community bought the assets of the company when it went into receivership.

Harris had hoped the company might be for sale as a going concern.

Computerworld has been unable to contact him.

Exicom’s main phone line appears to be disconnected.

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