VICTORIA, BC – October 8, 2014 – PRT Growing Services Ltd (PRT) and JRP Solutions Ltd (JRP) are pleased to announce that PRT has completed a sale of its 41% minority interest in JRP Solutions Ltd back to a company controlled by JRP’s President and founder, Rod Poirier. With this transaction, the Poirier family now own 100% of JRP.
PRT President and CEO Rob Miller commented: “PRT made this investment in 2003 as part of a broader e-business strategy aimed at better serving our forest seedling customers. Since then we have fully integrated JRP’s Plant Wizard and Seed and Seedling Management systems into our business, and have contributed to the ongoing development and acceptance of these products in the silviculture Community.”
Mr. Miller added, “JRP currently offers the leading software products for managing silviculture operations and PRT will remain committed to them going forward. As an independent company, JRP will be better able to continue to develop these products as well as its other product offerings, contributing to its long term success. We look forward to continuing to work with JRP as a software supplier, and wish Rod and the rest of the JRP team further success in the future.”
About PRT Growing Services Ltd
PRT Growing Services Ltd is a forest seedling propagator and the largest producer of container grown forest seedlings in North America, currently growing more than 180 million seedlings annually and operating a network of forest seedling nurseries in Canada and the US. For further information on this and other information, please see PRT’s website at www.prt.com.
About JRP Solutions Ltd
JRP Solutions Ltd is a leading supplier of remote data capture and forest management software, including software products for managing silviculture operations. More than 300 million seedlings are being managed annually through JRP’s Seed & Seedling Management System. More information can be found at www.jrpltd.com.