Helveta Recognized as a Member of the Tropical Forest Trust by Industry Event Held at 11 Downing Street

• Helveta chosen for membership by Tropical Forest Trust board • Helveta acknowledged for their timber tracking and supply-chain monitoring Control Intelligence System - TracElite-Always On™ • Helveta are the only technology provider member of the Tropical Forest Trust

(PRWEB) July 5, 2006 -- On 11 May 2006, Helveta’s CEO, Patrick Newton, visited 11 Downing Street to accept the honor of becoming a member of the Tropical Forest Trust (TFT). At an event organized by TFT, Helveta was awarded the certificate of membership and became the first and only technical provider to do so. Helveta was chosen for the outstanding development of TracElite – Always On™ and its subsequent contribution to the world of timber.

Helveta and TFT made a joint presentation of the benefits of TracElite to an audience that included many prominent figures in the timber market. Patrick Newton was accompanied by Brian Ford, Chairman of Helveta, who said:

“Over the last two years we and the Tropical Forest Trust have developed and piloted TracElite. We look forward to continuing this successful collaboration and ensuring that TracElite fulfils its full potential. I am delighted to cement our relationship through Helveta’s ‘Supporter’ Membership of the TFT.”

TracElite is an application of Helveta’s Control Intelligence System (CIS), designed for timber tracking and supply-chain monitoring. Helveta has worked with TFT since 2004 to develop TracElite.

About TracElite

TracElite (www.tracelite.com) provides mapping, traceability and transparency for timber production and supply-chains across the globe and is a key resource for buyers looking to secure timber of verifiable origin from suppliers who are either FSC certified or who are working towards certification.

Helveta is the system manager of TracElite – Always On™. TracElite is an application of Helveta Control Intelligence Systems (CIS) technology. CIS analyses forestry and chain of custody data to remotely verify and assure good wood compliance. In the event that a potential non-compliance is identified, TFT, stakeholders and auditors are automatically notified.

The Tropical Forest Trust provides chain of custody and compliance verification services as a core component of TracElite – Always On™.

About Helveta Ltd

Helveta Limited (www.helveta.com) enables the prediction and prevention of environmental and production problems for Blue Chip and Fortune 1000 companies through analysis of real-time data from client physical assets anywhere in the world. The company's unique Control Intelligence System deploys a sophisticated library of analytics to asset data to predict and prevent business issues such as regulatory non-compliance, production outages and equipment failure.

About Tropical Forest Trust

The Tropical Forest Trust (TFT) is working to transform the international trade in tropical hardwood into an agent for forest conservation. The TFT was established with the specific purpose of fulfilling two prerequisites: (a) raised awareness of what forest certification involves and what its multiple advantages are, and (b) practical engagement in partnership with forest managers to help them progress step by step to FSC certification.

The TFT links the supply chain from producing members through supplying members - who manufacture and/or trade in wood products that are sold to buying members.

For further information please contact:

Helen Hayward - t: 01235 838558

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