New Forests to Manage its Asian-Based AFI Investment with Trimble's Connected Forest Solution

SUNNYVALE, Calif., March 22, 2017

Trimble's LRM solution is an intuitive, interactive and spatially-aware enterprise application for managing land and forestry operations. The software solution serves the critical functions of asset planning, management and decision support with flexible customer-specific business workflows. LRM is a key component of Trimble's Connected Forest solution, which manages the full raw materials lifecycle.

"Trimble's Connected Forest solution lays the foundation for a centralized reporting and compliance process," said Ken Moen, general manager of Trimble's Forestry Division. "We are committed to delivering a solution that addresses New Forests' land, forest and conservation business and investment strategies."

"Our growing Asian investment business demands a robust forest information management system to enable effective asset management," said James Bullen, director, Investments & Operations for New Forests. "As our portfolio companies adopt the Trimble Connected Forest solution, we believe it will support efforts to enhance forest value and enterprise value through strategic management of the forest resources of our investments."

About New Forests

New Forests is a sustainable real assets investment manager offering leading-edge strategies in forestry, timber processing, land management and conservation. Founded in 2005, the company's investment programs focus on the Asia-Pacific region and the U.S., with more than AUD 3.7 billion in funds, assets under management and committed capital. New Forests' clients include pension funds, superannuation funds and other institutional investors. The company is headquartered in Sydney, Australia with offices in Singapore, San Francisco and New Zealand.

For more information, visit:  www.newforests.com.au.