ABOUT THE COMPANY...

Radial Corporation Limited is an Australian public unlisted company with around 150 shareholders. Radial Corporation shareholders have supported the establishment and development of Radial technology in various corporate embodiments, from 1989 to 1999 as shareholders of Radcon Pty Ltd and from 1999 to 2005 as shareholders of Radial Timber Australia Limited.

Radial Corporation was established in 2005 when the technology and intellectual property assets of Radial Timber Australia were sold to Radial Corporation in a restructure that saw Radial Corporation shares taken up in the same proportion as shareholdings in Radial Timber Australia . Radial Timber Australia retained ownership of the Yarram Mill. Shareholder Elmman Pty Ltd purchased all other shareholdings in Radial Timber Australia Limited to become sole owner and the company was then converted to a Propriety Limited company.

Radial Timber Australia Pty Ltd operates the Yarram Mill under license from Radial Corporation and sells Radial products across Australia via its marketing division Radial Timber Sales Pty Ltd.

Since Radial Corporation was established in 2005 significant developments have been made in Radial intellectual property.

Detailed analysis of sawing patterns and cutting studies have been made and new technology developments implemented.

Patent applications have been lodged in ten countries and regions along with further PCT and Provisional applications for the protection of Radial's new developments.

These developments include Radial quartersawn which will see the introduction of the world's first high recovery automated and semi-automated quartersawing systems and Radial's high speed, high recovery optimized backsawing system.