On April 1, 2008, Plaintree Systems Inc. amalgamated the businesses of each of Hypernetics Limited and the Triodetic Group of Companies into Plaintree. Based in Arnprior, Ontario, the Company now operates a number of diversified divisions.
The Plaintree Systems division develops optical wireless communications equipment for Local Area, Wide Area, Voice, Internet and Security Networks.
The Hypernetics division was established in 1972 and is a manufacturer of aero-space components for various applications including aircraft antiskid braking, aircraft instrument indicators, solenoids, high purity valves and permanent magnet alternators.
The Triodetic division, with over 40 years of experience, is a design/build manufacturer of steel, aluminum and stainless steel specialty structures such as commercial domes, free form structures, barrel vaults, space frames and industrial dome coverings for use in the mining and architectural markets.
Plaintree has 12,522,143 common shares and 18,325 class A preferred shares outstanding. Plaintree's common shares are publicly traded in Canada on the CNQ (NPT) and the U.S. on the OTC BB (PTEEF).