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Industry Announcements

Newfoundland company Marine Industrial Lighting Systems wins contract with US Navy

10 October 2017

Press Release October 10, 2017

Newfoundland Company secures Agreement with US Navy

Marine Industrial Lighting Systems Ltd., MILS, a 100% Newfoundland owned and operated, designer and manufacturer of innovative lighting products has reached an agreement with the US Navy's Military Sealift Command to supply innovative, explosion proof LED conversion kits to the US Navy's T-AKE class vessels.

As part of Military Sealift Command (MSC), the T-AKE's primary mission is to deliver ammunition, provisions, stores, spare parts, potable water and petroleum products to carrier battle groups and other naval forces, serving as a shuttle ship or station ship.

The contract will be to supply and install approximately 15,000 new explosion proof LED light fixture kits for 14 of the large vessels. The value of the agreement will exceed $4 million and commence in the second quarter of 2018 and run into 2021.

Sid Cox, President of Marine Industrial Lighting states," this is another significant day for our company and our Province. This program illustrates Marine Industrial Lighting System's ability to develop, test and produce world class products from its Mt. Pearl base that compete on the global market.

This announcement follows the supply of the majority of lighting for the new Coast Guard newbuilding, Offshore Fisheries Science Vessels at Seaspan in Vancouver, and the recent installation of new Naval LED lighting for the Canadian Patrol Frigates under the Build in Canada Innovation program.

Marine Industrial Lighting Systems Ltd., was founded in 2000 and is the only 100% Canadian owned specialist of marine lighting products that has achieved Controlled Goods certification and security requirements for such products.

For more information please contact;
Sid Cox
Marine Industrial Lighting Systems Ltd.
51 Sagona Ave, Mt. Pearl, NL.
Tel 709-747-5504
www.lightsforships.com

GRi Wins MTS 2017 Compass Industrial Award

09 October 2017

GRi Simulations is very delighted to accept the Marine Technology Society's Compass Industrial Award,  presented during the recent IEEE MTS Oceans' 2017 conference in Anchorage, Alaska.

Marine Technology Society (MTS) is the leading international community of ocean engineers, technologists, policy-makers, and educators and exists to promote awareness, understanding, advancement and application of marine technology. This prestigious award is presented yearly to an organization for outstanding contributions to the advancement of marine science and technology determined by their peers.

GRi is incredibly honored to receive this award and would like to thank all partners, clients, and the Government of Newfoundland and Labrador for the many years of support and collaborations. This support has allowed GRi to become the global leader in subsea simulation technology and continues to be committed to the enhancement of safety, security and productivity of marine systems and operations.

http://www.grisim.com/gri-wins-mts-2017-compass-industrial-award/

Solace Power Appoints Michael Gotlieb New CEO

05 October 2017

Industry Veteran Selected to Accelerate Growth

DENVER, CO, Oct. 5, 2017 /CNW/ - Solace Power is pleased to announce that it has appointed Michael Gotlieb Chief Executive Officer, effective October 2, 2017. The announcement was made at the Wireless Power Summit in Denver where Solace is showcasing its award-winning RC²™ wireless power technology.

"Michael's experience driving commercial opportunities and executing corporate strategy make him an ideal fit to lead Solace through the next stage of growth," said Gordon Conlin, Chair of Solace's Board of Directors. "Under Michael's leadership, we have a strong team in place that's focused on increasing market opportunities," he added.

Michael Gotlieb joins Solace from wireless power solutions provider, NuCurrent, where he led all customer interactions and guided the strategy and product roadmap. Gotlieb's 25-year global technology career includes experience in embedded electronics, analog/power, software and services across a multitude of end markets. Gotlieb has served in several strategic leadership roles including Motorola and its IPO spin out, Freescale Semiconductor.  At Freescale, Gotlieb was instrumental in creating the turnaround strategy resulting in the sale of the company for $17.6 billion.

"Solace provides compelling technology for a diverse set of customers and applications. I look forward to helping deliver on Solace's full potential and on the differentiated advantages of RC2," said Michael Gotlieb, Solace CEO. "Wireless power is experiencing tremendous expansion in awareness, product exploration and first-generation implementation. Next generation solutions, like Solace's, will ignite a much larger movement to re-architect and reconsider existing power transfer solutions." he added.

Michael Gotlieb joins Solace's executive team comprised of seasoned leaders in the commercialization of disruptive technologies:

  • Kris McNeil, Solace founder, will continue as President.
  • Neil Chaulk, VP of Business Development, is responsible for driving licensing opportunities and developing new markets.
  • Magnus Nyberg, VP of Engineering, brings engineering and product management from previous roles at Ericsson and Saab AB/Swedish Space Corporation.
  • Frank Iadipaolo has over 30 years' operational and senior financial experience as Chief Financial Officer.

Solace recently announced a Series A round of funding to fuel the company's growth, including expanding Solace's team and scaling international business development opportunities. The Series A round is coupled with a recent investment by Lockheed Martin of $2.3M USD to accelerate commercialization of RC². Solace also recently signed a licensing agreement with Byrne, a leading power and data solutions company.

About Solace Power

Solace Power is a wireless power research and development company that licenses its patented RC² technology for the UAV, aerospace and defense, business/office systems, medical devices and automotive markets. RC² uses electric fields, which enable a high degree of spatial freedom with flexible and conformal end product design. RC² has won numerous awards, including the Sikorsky Entrepreneurial Challenge and the ACADA Innovation Leader Award. 

www.solace.ca or twitter.com/solacepower

SOURCE Solace Power

For further information:

Media Contact: Libby Carew, Solace Power Inc., libby.carew@solace.ca, Tel: 709.725.7627

This information is being distributed to you by / Cette information vous est transmise par: Solace Power

108 Logy Bay Rd, St. John's, NL, A1A1J6, Canada
www.solace.ca

Kraken Awarded $2,000,000 Robotics Contract

21 September 2017

ST. JOHN'S, NL--(Marketwired - September 21, 2017) -  Kraken Robotics Inc. (TSX VENTURE: PNG) (OTCQB: KRKNF) announced today that its wholly-owned subsidiary, Kraken Robotic Systems Inc. has been awarded a contract valued at over $2,000,000. The contract entails the delivery of advanced sensors, underwater robotics and software. Delivery of the entire contract is expected in 4Q 2017. Further contract terms and program details are confidential.

Karl Kenny, Kraken President and CEO said, "We're delighted with this contract award from a highly valued customer. Over the past 18 months, Kraken has made a series of prudent investments in people and technology to advance the performance and affordability of our sensors and underwater robotics. It's increasingly evident by our recent contract awards that these investments are paying off. The proven capabilities and reliability of our solutions provide our customers with a true technological edge for subsea survey applications in the Unmanned Maritime Vehicle (UMV) industry."

The global UMV market is experiencing an advanced rate of growth due to increasing demand in military, commercial and scientific research applications. Significant growth is expected in the commercial sector, predominately from oil and gas operators - despite the volatility of oil prices. There has also been substantial interest in the technology from the offshore renewable energy sector, as operators have begun to understand the cost saving potential of robots for inspection of underwater assets. A recent research report by Grace Market Data, entitled Global Unmanned Maritime Vehicles 2017-2025, estimates a cumulative capital expenditure of US$66.9 billion will be spent during the period. This will be driven by the increased international adoption of Remotely Operated Vehicles (ROVs), Autonomous Underwater Vehicles (AUVs), and Unmanned Surface Vehicles (USVs).

ABOUT KRAKEN ROBOTICS INC.

Kraken Robotics Inc. (TSX VENTURE: PNG) is a marine technology company, founded in 2012, that is dedicated to the production and sale of software, sensors and robotic systems for the global Unmanned Maritime Vehicles market. For more info, please visit www.krakenrobotics.comwww.krakenrobotik.de, and www.krakenpower.de.

Certain information in this news release constitutes forward-looking statements. When used in this news release, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "seek", "propose", "estimate", "expect", and similar expressions, as they relate to the Company, are intended to identify forward-looking statements. In particular, this news release contains forward-looking statements with respect to, among other things, business objectives, expected growth, results of operations, performance, business projects and opportunities and financial results. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Such statements reflect the Company's current views with respect to future events based on certain material factors and assumptions and are subject to certain risks and uncertainties, including without limitation, changes in market, competition, governmental or regulatory developments, general economic conditions and other factors set out in the Company's public disclosure documents. Many factors could cause the Company's actual results, performance or achievements to vary from those described in this news release, including without limitation those listed above. These factors should not be construed as exhaustive. Should one or more of these risks or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described in this news release and such forward-looking statements included in, or incorporated by reference in this news release, should not be unduly relied upon. Such statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update these forward-looking statements. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

Neither the TSX Venture Exchange Inc. nor its Regulation Services Provide (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release, and the OTCQB has neither approved nor disapproved the contents of this press release.

 

CONTACT INFORMATION

For further information, please contact:

Sean Peasgood
Investor Relations
(416) 565-2805
sean@sophiccapital.com

Stephen Harpur
Investor Relations
(604) 306-6142
steve@harpurinc.com

Greg Reid
Chief Financial Officer
(416) 818-9822
greid@krakenrobotics.com

Glenda Leyte
Marketing Manager
(709) 757-5757 extension 288
gleyte@krakenrobotics.com

 

Source: http://www.marketwired.com/press-release/kraken-awarded-2000000-robotics-contract-tsx-venture-png-2234527.htm

Kraken PR: Name Change Reflects Broader Commitment to Unmanned Maritime Systems Industry

20 September 2017

ST. JOHN'S, NL--(Marketwired - September 20, 2017) - Kraken Sonar Inc. (the "Company") (TSX VENTURE: PNG) (OTCQB: KRKNF) is pleased to announce that it has changed its name from Kraken Sonar Inc. to Kraken Robotics Inc. and that effective Friday, September 22, 2017, it will begin trading under its new name. The Company's stock symbols will remain the same: TSX-V: PNG and OTCQB: KRKNF. The Company's Canadian operating subsidiary, Kraken Sonar Systems Inc. ("KSSI") has been renamed Kraken Robotic Systems Inc. ("KRSI").

While the public company name and Canadian operating subsidiary names will have changed, there has been no change to the Company's ownership or corporate address. The name change is intended to reflect Kraken's continued growth as it evolves from manufacturing sensors to supplying complete robotic systems, software and services in the global Unmanned Maritime Systems ("UMS") market. An updated website will be available at www.krakenrobotics.com. Additional updates will be implemented across the Company's product and services literature throughout the balance of the year.

Karl Kenny, Kraken President and CEO said, "Our new name reflects the Company's broader commitment and expertise in driving the innovations needed to shape the future of unmanned maritime systems. We expect that the UMS market will soon evolve from research, develop and testing programs into significantly larger procurement opportunities for Kraken."

In their recent report, Global Military Unmanned Maritime Systems Market Forecast to 2021, market analysts Frost and Sullivan state that the global military unmanned maritime systems market is experiencing rapid growth and investment. Like the unmanned aircraft market, UMS technologies are advancing faster than Moore's Law resulting in lower costs and lower barriers to market entry for commercial-off-the-shelf (COTS) platforms that can perform various military applications.

To maintain an edge over competitors in an increasingly crowded market, global defense contractors are expected to continue to invest in synergistic and strategic partnerships especially with technology companies such as Kraken that specialize in software development, sensors and underwater robotics products that are COTS. In addition to the military sector, this trend is also expected to occur within the commercial ocean survey industry.

Solace Power Signs Multi-Year Technology Licensing Agreement with Byrne

20 September 2017

Collaboration Brings Wireless Charging to Byrne's Products

MOUNT PEARL, NL, Sept. 20, 2017 /CNW/ - Solace Power Inc., a developer of wireless power technology has signed a multi-year licensing agreement with Byrne, a leading power and data solutions company located in Rockford, Michigan.

Byrne will be integrating Solace's Resonant Capacitive Coupling technology (RC²™) into their mobile power solutions for commercial office, education and healthcare furniture. According to BIFMA, an industry-leading trade association for business and institutional furniture manufacturers, the commercial furniture market is valued at more than $18 billion USD in North America, with a projected annual growth rate of 3.5 percent.1

"RC² will enable us to deliver new solutions to our customers who are among the most innovative companies in the world," said Byrne CEO, Dan Byrne. "Our customers want a more collaborative and customizable office user experience. Eliminating cables and providing mobile power are key drivers to make this a reality.  We're excited about Solace's RC² technology and the enhanced product capability that we'll be able to deliver to our customers."

"We are delighted to partner with a market leader like Byrne in developing high-quality products for our RC² technology. They're a perfect fit for licensing our technology as we continue to execute on our strategies for growth and profitability," said Kris McNeil, Founder and CEO of Solace Power. "We are excited to be a part of their vision to continually improve their customers' experience."

Solace's patented RC² technology is an adaptable, lightweight wireless power system that enables freedom of movement in charging, while facilitating flexible product design. Products and applications can charge when they are adjacent to, or in the vicinity of the transmitter, giving users increased freedom of movement.  Solace's RC² technology has won numerous innovation awards, including the Sikorsky Entrepreneurial Challenge and the Innovation Leader Award from ACADA, the Atlantic Canada Aerospace and Defence Association.  

About Solace Power

Solace Power is a wireless power research and development company that licenses its RC² technology for applications in the UAV, medical device, office furniture and automotive markets. RC² uses electric fields, which enable a high degree of spatial freedom and misalignment, while allowing flexible and conformal end product design. For more information, visit www.solace.ca or twitter.com/solacepower.

About Byrne

Byrne is a leading power and data solutions company located in Rockford, Michigan that provides technology integration products for contract office, hospitality, and residential furniture manufacturers. Byrne has been awarded more than 500 patents since it was founded in 1971. Byrne operates globally and has distribution and manufacturing locations in BrazilMexico, and China.  For more information, visit www.byrne.com.

https://www.bifma.org/?page=Industrymarketsize

SOURCE Solace Power

For further information: Media Contact: Libby Carew, Solace Power Inc., libby.carew@solace.ca, Tel: 709.725.7627

Solace Power Wins Innovation Award from Atlantic Canada Aerospace and Defence Association (ACADA)

14 September 2017

MOUNT PEARL, NL, Sept. 14, 2017 /CNW/ - Solace Power walked away with the top Innovation Leader Award at the annual awards hosted by the Atlantic Canada Aerospace and Defence Association (ACADA) in Halifax, Nova Scotia on September 6, 2017.

Solace's wireless power technology was recognized as an innovative product that's helping to build the capability of the aerospace and defence industry in Atlantic Canada.  Solace's technology enables functional improvements for the industry including: increased capability and reduced weight for soldier systems; improved autonomy for unmanned aerial vehicles (UAVs); and reduced maintenance for rotary-wing aircraft. The patented technology, called Resonant Capacitive Coupling or RC²™, uses electric fields to transfer power.

"The Solace Power team is pleased to have to our wireless power technology recognized by the aerospace and defence industry through this award," said Kris McNeil, Founder and CEO of Solace Power. "RC² addresses various needs of the industry by helping to keep batteries charged, such as those in UAVs that are used for surveillance and monitoring," he added.

Two other Atlantic Canadian companies also received awards. Bluedrop Training and Simulation won theBusiness Development Distinction Awardand Sayle Safety won theMost-Promising Start-up or Business Diversification Award.

"The ACADA Team, our members and partners extend warm congratulations and appreciation to the 2017 ACADA Industry Excellence Recognition Award recipients. The diversity and capacity of the industry capabilities within the region is reflected by these outstanding companies," said Charles (Charlie) Richer, CD, Chair of ACADA.

About Solace Power

Solace Power is a wireless power research and development company that licenses its RC² technology for applications in aerospace & defence, automotive, UAV, and other markets. Solace uses electric fields, which enable a high degree of spatial freedom and misalignment, while allowing flexible and conformal end product design. For more information, visit www.solace.ca or twitter.com/solacepower.

About ACADA

The Atlantic Canada Aerospace and Defence Association is a non-profit, member-focused industry organization representing over 200 plus aerospace, defence, security and marine firms. Its Mission is to advance the growth and development of the sectors by providing unified leadership, advocacy and valuable member services. ACADA's activities are made possible in part by support from the Government of Canada, through ACOA.

SOURCE Solace Power

For further information:

Media contact:
Libby Carew, Solace Power Inc., libby.carew@solace.ca, (709) 725-7627

This information is being distributed to you by / Cette information vous est transmise par :
Solace Power
108 Logy Bay Rd, St. John's, NL, A1A1J6, Canada
https://www.solace.ca/

Ocean Infinity Awards Kraken $3M Contract

07 September 2017

Kraken's AquaPix® To Be Integrated Onboard Ocean Infinity's HUGIN AUVs

ST. JOHN'S, NL--(Marketwired - September 07, 2017) - Kraken Sonar Inc. (TSX VENTURE: PNG) (OTCQB: KRKNF), a marine technology company dedicated to the production and sale of software-centric sensors and underwater robotic systems, announced today that its wholly-owned subsidiary Kraken Sonar Systems Inc. has been awarded a contract valued at approximately C$3,000,000 by Ocean Infinity. Kraken will supply and integrate its AquaPix® (Miniature Interferometric Synthetic Aperture Sonar and Real-Time SAS Signal Processor) solution onboard eight of Ocean Infinity's HUGIN Autonomous Underwater Vehicles (AUV). Delivery of the systems is planned to commence during the fourth quarter of 2017.

Karl Kenny, Kraken's President and CEO, said, "Ocean Infinity has the world's most advanced unmanned maritime technology for seabed mapping, survey and search. Adding AquaPix® sonar to their fleet will enable them to simultaneously produce crisp imagery and detailed 3D digital terrain maps of seafloor topography. The system will be used worldwide to collect high-resolution seabed data in water depths up to 6,000 meters and to cover huge swaths of seabed quickly and accurately. We are very pleased to equip their HUGIN AUVs with our AquaPix® sonar system and appreciate their confidence in our technology and products."

ABOUT AQUAPIX®

AquaPix® is designed for operation on AUVs and towed platforms. The modular system uses the latest electronics, transducer arrays and signal processing software optimized for the demanding size, weight, power and cost constraints of unmanned maritime vehicles.

AquaPix® is an industry leading Synthetic Aperture Sonar system providing military grade technology that enables superior 3D seabed imaging, faster data processing and a lower cost than competing sonars. Conventional side scan systems are limited in that they only provide high resolution imagery at short ranges. AquaPix® produces ultra high-resolution seabed imagery at very long ranges. The additional information provided by AquaPix® delivers detection and identification capabilities that cannot be achieved with conventional sidescan sonar. Higher resolution allows AquaPix® to provide useable area coverage rates up to 10 times better that of conventional sidescan, which reduces mission time and provides faster actionable intelligence.

AquaPix® also generates highly accurate 3D bathymetry data that is registered and geo-referenced to the same pixel grid co-ordinates as the imagery. The capability of generating centimetre-scale resolution in all three spatial domains also provides significant performance improvements in the detection, classification and identification of seabed objects.

Autonomous Underwater Vehicles are ideal sonar platforms and provide extremely stable platform for acoustic and laser imaging in a variety of water depths. Equipped with next-generation sensors such as Kraken's AquaPix®, AUVs are ideal for a wide variety of underwater defence, commercial and ocean science applications.

ABOUT KRAKEN

Kraken Sonar Inc. (TSX VENTURE: PNG) (OTCQB: KRKNF) is a marine technology company, founded in 2012, that is dedicated to the production and sale of software-centric sensors and underwater robotic systems. The company is headquartered in St. John's, Newfoundland with offices in Dartmouth, Nova Scotia; Bremen, Germany; and Fairfax, Virginia. For more information, please visit www.krakensonar.comwww.krakenrobotik.dewww.krakenpower.de.

Certain information in this news release constitutes forward-looking statements. When used in this news release, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "seek", "propose", "estimate", "expect", and similar expressions, as they relate to the Company, are intended to identify forward-looking statements. In particular, this news release contains forward-looking statements with respect to, among other things, business objectives, expected growth, results of operations, performance, business projects and opportunities and financial results. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Such statements reflect the Company's current views with respect to future events based on certain material factors and assumptions and are subject to certain risks and uncertainties, including without limitation, changes in market, competition, governmental or regulatory developments, general economic conditions and other factors set out in the Company's public disclosure documents. Many factors could cause the Company's actual results, performance or achievements to vary from those described in this news release, including without limitation those listed above. These factors should not be construed as exhaustive. Should one or more of these risks or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described in this news release and such forward-looking statements included in, or incorporated by reference in this news release, should not be unduly relied upon. Such statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update these forward-looking statements. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

Neither the TSX Venture Exchange Inc. nor its Regulation Services Provide (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release, and the OTCQB has neither approved nor disapproved the contents of this press release.

 

CONTACT INFORMATION

For further information, please contact:

Sean Peasgood
Investor Relations
(416) 565-2805
sean@sophiccapital.com

Stephen Harpur
Investor Relations
(604) 306-6142
steve@harpurinc.com

Greg Reid
Chief Financial Officer
(416) 818-9822
greid@krakensonar.com

Glenda Leyte
Marketing Manager
(709) 757-5757 extension 288
gleyte@krakensonar.com

 

http://m.marketwired.com/press-release/ocean-infinity-awards-kraken-3m-contract-tsx-venture-png-2232807.htm

Contract Awarded to Marine Industrial Lighting Systems Ltd.

01 September 2017

Marine Industrial Lighting Systems Ltd. (MILS) of Mount Pearl has been awarded a contract of $906,000 under the federal government's Build in Canada Innovation Program (BCIP) to supply Naval LED lighting fixtures to the Canadian Navy's Patrol frigates.The BCIP helps Canadian innovators land their first sale and get their innovations tested by the Government of Canada (GoC). This program is just one of the many ways the GoC supports innovation and small and medium-sized businesses across Canada.

According to Sid Cox, President of MILS, "this contract culminates many years of design consultations with the Navy, and significant investment in testing and development for these products. It represents a tremendous opportunity going forward as this product can become the standard for not only all new Canadian Navy vessels such as the JSS and CSC programs, but to other Navies worldwide. The initial installation is ongoing onboard the Canadian Patrol Frigate Toronto in Halifax and is 90% complete. Upon successful completion of trials we look forward to future orders."

Participating in the BCIP is a win-win for both Canadian businesses and federal government: businesses are better able to take the next step towards commercializing their innovative products (like the Naval LED lighting fixtures), and government departments get to test, assess and keep cutting-edge technology.

Marine Industrial Lighting Systems Ltd. was founded in 2000 and is the only 100% Canadian owned SME innovator of marine lighting products with Controlled Goods certification"

For inquiries, please contact:

Sid Cox
scox@lightsforships.com
Marine Industrial Lighting Systems Ltd ( MILS)
51 Sagona Ave,
Mt. Pearl, NL A1N 4P9
Tel 709-747-5504
Fax 709-747-5505
www.lightsforships.com

Memorial University Computer Science co-op students seeking winter 2018 work terms

31 August 2017

Students from the Department of Computer Science at Memorial are now seeking full-time, paid work terms starting in January 2018. There are senior students in the Bachelor of Science, computer science program seeking work terms of 8, 12 or 16 months and students in the Master of Science, computer science program seeking work terms of 4 or 8 months. These students are very eager and enthusiastic to make a solid contribution to your company and to develop their skills and professional capacities.

Student experience and interests include: software development; data mining; numerical modelling; project management; systems and server administration; financial services; user support; technical sales; security; debugging & testing; database design and management; object-oriented programming; computational research; mobile development; system hardware; data visualization, and AI. Skills include: Java, JavaScript, C++, C#, Python, HTML, CSS3, MySQL, PHP, NodeJS, ASP, SQL, MATLAB, JSP, Visual Basic, GCC, Makefile, Apache, GIT, Bootstrap. 

Financial support to hire co-op students is available for small businesses, please see here for details on the SECPAP wage subsidy program.

The Cooperative Education office for the Faculty of Science would be pleased to assist you by posting opportunities on our co-op employment portal and arranging interviews with suitable candidates (on campus, at your office or by skype or videoconference, as required).  

For a full list of Memorial's Science and Humanities & Social Sciences co-op programs click here.

If you'd like more information, please contact: 

Rebecca Newhook
Academic Staff Member in Co-operative Education
Faculty of Science and Faculty of Humanities & Social Sciences
Memorial University of Newfoundland
t:709.864.4098  f:709.864.4000 e:rnewhook@mun.ca
Science Building, SN-1062

 

CareerBeacon Launches Blog

29 August 2017

CareerBeacon is very excited to announce the launch of our new blog!   Our blog will contain a broad range of topics, including articles on career advice, interviewing tips, as well as resume and cover letter writing.  By equipping our job seekers with the latest job search tools, career search advice, and employment trends, we aim to further deliver highly qualified candidates to fill your roles.  

Check it out: http://blog.careerbeacon.com/

We will be posting 3-5 articles a week, along with sharing each article on our social media pages.  Please feel free to do the same! If you want to be updated when new content comes out, check us out on Facebook, Twitter, and LinkedIn. 

CareerBeacon strives to be the most trusted career site in Canada; we want the content we create and the jobs we promote to reflect this.

Genesis Centre Start-up Visa Program

23 August 2017

Make yourself at home and make something of yourself at home.

The Start-up Visa Program was created to target foreign entrepreneurs with the skills and potential to build innovative businesses in Canada that can create jobs and compete on a global scale.

Of the three streams of Start-up Visas, Genesis offers the Business Accelerator/Incubator stream to those who are successfully admitted into the portfolio of companies.

Entrepreneurs interested in the program must meet the following requirements:

- Be willing to live and work in Newfoundland and Labrador
- Be a start-up technology company with high growth potential
- Register for and complete a prerequisite, early-stage accelerator program:
- NL-based programs:
Genesis Evolution program
Entrepreneurs Training Program
B6049 (Entrepreneurship for Non-Business Students)
- Online programs:
MaRS Discovery District's E101
- If you have completed a different, equivalent program either online or in-person, please name and detail what program you have completed in your SUV application. We will review and approve other programs on a case-by-case basis.
- Pitch to and be accepted by the Genesis Centre Selection Board

If accepted by the Selection Board, the entrepreneurs receive a letter of support from Genesis and can apply for a start-up visa directly from Citizenship and Immigration Canada. To be eligible, applicants must:

- Receive a letter of support from a designated organization (i.e. Genesis)
- Meet ownership requirements where each entrepreneur holds at least 10% of the voting rights in the business
- Meet the minimum language requirements via a test from an approved agency
- Be able to financially support you and your family for one year

Details on the criteria and FAQs can be found at the Start-up Visa website here.

If you have any questions regarding our requirements, contact Genesis here. No phone calls please.

Click here to apply to the Start-up Visa Program.


http://www.genesiscentre.ca/suv/

Kraken Named To Marine Technology Top 100 2017

09 August 2017

ST. JOHN'S, NL--(Marketwired - August 09, 2017) - Kraken Sonar Inc. (TSX VENTURE: PNG) (OTCQB: KRKNF) announced today that its wholly-owned subsidiary, Kraken Sonar Systems Inc. has again been named by Marine Technology Reporter to the MTR100 2017 -- a list of the 100 most influential companies in the international marine technology marketplace. This is the fifth year in a row that Kraken has been selected.

In addition to being named to the MTR 100, Kraken was listed as one of the top 17 Technology Disruptors in the marine technology industry for its Robotics as a Service business model.

Gregory Trauthwein, Associate Publisher & Editor of Marine Technology Reporter said, "True innovation has been the hallmark of the MTR100 since we launched it in 2006, and it remains at the core today in our presentation of the 12th Annual MTR100. This year we saw another record number of applicants from around the globe for inclusion in our annual innovation showcase. This year's MTR100 features technologies from 13 countries and four continents."

Karl Kenny, President and CEO of Kraken said, "It's an absolute honour to receive this type of recognition as it represents an important validation of the hard work by the extraordinary team at Kraken. We want to share it with our investors, our customers and all our supporters as further testament to Kraken's objective of becoming a leader in the underwater robotics industry. We extend our appreciation to the editors and staff at Marine Technology Reporter for this recognition."

ABOUT Marine Technology Reporter
Marine Technology Reporter is the world's largest audited circulation magazine to cover the marine technology market. Each year the magazine evaluates and ranks marine technology companies worldwide to create the MTR 100 list.
In the July/August 2017 issue, Kraken and other companies are profiled as the leading companies serving today's global marine technology industry. The issue is available for viewing online at:
https://www.marinetechnologynews.com/magazine/issue/201707

ABOUT KRAKEN
Kraken Sonar Inc. (TSX VENTURE: PNG) is a marine technology company, founded in 2012, that is dedicated to the production and sale of software-centric sensors and underwater robotic systems. The company is headquartered in St. John's, Newfoundland with offices in Dartmouth, Nova Scotia; Bremen, Germany; and Fairfax, Virginia. For more information, please visit www.krakensonar.com, www.krakenrobotik.de, www.krakenpower.de.

Certain information in this news release constitutes forward-looking statements. When used in this news release, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "seek", "propose", "estimate", "expect", and similar expressions, as they relate to the Company, are intended to identify forward-looking statements. In particular, this news release contains forward-looking statements with respect to, among other things, business objectives, expected growth, results of operations, performance, business projects and opportunities and financial results. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Such statements reflect the Company's current views with respect to future events based on certain material factors and assumptions and are subject to certain risks and uncertainties, including without limitation, changes in market, competition, governmental or regulatory developments, general economic conditions and other factors set out in the Company's public disclosure documents. Many factors could cause the Company's actual results, performance or achievements to vary from those described in this news release, including without limitation those listed above. These factors should not be construed as exhaustive. Should one or more of these risks or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described in this news release and such forward-looking statements included in, or incorporated by reference in this news release, should not be unduly relied upon. Such statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update these forward-looking statements. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement.
Neither the TSX Venture Exchange Inc. nor its Regulation Services Provide (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

CONTACT INFORMATION
For further information, please contact:

Sean Peasgood
Investor Relations
(416) 565-2805
sean@sophiccapital.com

Stephen Harpur
Investor Relations
(604) 306-6142
skharpur@gmail.com

Greg Reid
Chief Financial Officer
(416) 818-9822
greid@krakensonar.com

Glenda Leyte
Marketing Manager
(709) 757-5757 extension 288
gleyte@krakensonar.com

Provincial Government Announces Creation of InnovateNL

20 July 2017

The Provincial Government today announced the creation of InnovateNL, which is the next step in its approach to fostering greater innovation and accelerating business growth in Newfoundland and Labrador. InnovateNL, through the Department of Tourism, Culture, Industry and Innovation, will be a single-window for the delivery of provincial innovation programs and services to clients in a seamless and more efficient manner.

InnovateNL will support government's approach to working smarter and more collaboratively. It will also:

  • Streamline client access to government supports;
  • Leverage research and innovation resources;
  • Extend innovation programming province-wide;
  • Provide a full continuum of supports for clients from idea to market to internationalization;
  • Ensure other non-funding business supports are provided to clients and available in a timely manner;
  • Focus research and technology investments to projects/clients with global reach; and,
  • Build on priorities of The Way Forward.

As part of InnovateNL, all funding programs and services of the Research & Development Corporation will be integrated into the Department of Tourism, Culture, Industry and Innovation. There will be no changes to program funding allocations. In total, InnovateNL will bring the Department's current combined budget for economic development to approximately $40 million.

To guide the priorities of InnovateNL, a new board of directors has been created. Further details are noted in the backgrounder below. Full integration is expected to be completed by mid-Fall. The Board will be known as the NL Innovation Council.

The Provincial Government launched an engagement process for its new Business Innovation Agenda in November 2016. The agenda is expected to be launched in September. During the engagement sessions, stakeholders identified a need for one-stop coordinated advice, integrated service delivery and routing matched with employer needs as well as better linkages to various sources of capital required.

The development of a new Business Innovation Agenda is a priority in The Way Forward: A Vision for Sustainability and Growth in Newfoundland and Labrador. The vision guides Provincial Government actions to achieve greater efficiency, strengthen the province's economic foundation, enhance services, and improve outcomes to promote a healthy and prosperous province.

Quotes
"InnovateNL will accelerate business growth in Newfoundland and Labrador. It will result in improved service delivery, better alignment of programs and services and increased collaboration and greater opportunity to leverage funding from federal and industry partners. I look forward to working with the new InnovateNL board, as well as our industry partners to support all regions of Newfoundland and Labrador."
Honourable Christopher Mitchelmore
Minister of Tourism, Culture, Industry and Innovation

"This represents a comprehensive, holistic approach to supporting the development of a vibrant innovation sector in Newfoundland and Labrador. Companies and individuals require a wide variety of programs and services to develop and commercialize their products and services in our modern economy. Enhanced coordination and tailoring these supports to match specific needs will make them more effective. This, along with the benefits of input from a diverse council, will significantly help provincial innovators broaden and diversify our economy."
Mark Dobbin, Chair, NL Innovation Council

"As a member of the academic community, I am so pleased to join my industry colleagues on the InnovateNL Board. Together we can leverage research resources to advance innovation, commercialization and internationalization of new and existing enterprises in our province. A focused approach to creating economic and social prosperity through research, investment and collaboration will benefit the entire province."
Dr. Jacqueline Walsh, Vice-Chair, NL Innovation Council and Assistant Professor of Business Administration, Grenfell Campus, Memorial University

"As a business owner who started from an idea 10 years ago, and a client of the Department of Tourism, Culture, Industry and Innovation, I understand the importance of support programs to foster business through various stages of growth and development. A continuum of supports is necessary to help businesses in the province to grow and thrive in local, national and international markets. InnovateNL will streamline access to government supports and will efficiently provide a range of funding and non-funding supports from idea generation to market to internationalization. I am excited to be a member of the InnovateNL Board and look forward to providing input to help businesses grow and thrive in the province."
Adam Anderson, Board Member, NL Innovation Council and President and CEO of Resource Innovations

- 30 -

Learn More
Follow us on Twitter: @GovNL external link and @TCII_GovNL external link

Media contacts
Eric Humber 
Tourism, Culture, Industry and Innovation 
709-729-4819, 725- 9655 
erichumber@gov.nl.ca

Mark Dobbin
Killick Capital Inc.
mdobbin@killickcapital.com

Dr. Jacqueline Walsh
Grenfell Campus, Memorial University
jswalsh@grenfell.mun.ca

Adam Anderson
Resource Innovations
adam@resourceinnovations.ca

BACKGROUNDER

Members of the InnovateNL Council and InnovateNL Model

The following individuals have been appointed to the InnovateNL Council for a two-year term:

Mark Dobbin (Chair)
Mark Dobbin is the Founder and President of Killick Capital Inc. From 1998 to 2003, Mr. Dobbin was the Chairman and CEO of Vector Aerospace Corporation, a globally-recognized aviation repair and overhaul company. Prior to that, he spent 17 years at CHC Helicopter Corporation, the world's largest helicopter company, where he served as senior vice president and a member of the Board of Directors. Mark is a graduate of Memorial University of Newfoundland Bachelor of Commerce (co-op) program and holds an MBA from Dalhousie.

Mark served on the Board of Directors of Stratos Global Corporation, Aurora Energy Resources Inc., Newfoundland and Labrador Hydro, Verafin Inc., and Aerospace Industries Association of Canada. Currently, Mark sits on the boards for Killick's investee companies (see Portfolio), including Max Arts-Athletics-Wellness, CT Aerospace, and Celtx.

Adam Anderson
Adam Anderson has supervised various forest management operations in locations across Canada (Newfoundland Labrador, Nova Scotia, New Brunswick, Ontario, Manitoba and British Columbia) and is very experienced in managing large groups of people and working with the public, forest contractors, company officials, government officials and tourism operators. In recent years, Adam has been project manager / technical lead on four large scale ecological land classification projects across Canada, spanning two provinces and a landscape of nearly six million hectares. Adam has a strong background in technical data collection and forest research, and has extensive experience in preparing technical reports and presenting them to the public and other interested parties.

Adam is a Registered Professional Forester recognized by the Canadian Institute of Forestry as a member of the Newfoundland and Labrador Professional Foresters Association. He has a Bachelor of Science Degree in Forestry from the University of New Brunswick, as well as a Technical Forest Diploma from the College of the North Atlantic in Newfoundland and Labrador.

Carey Bonnell
Carey has gained broad experience in the area of fisheries innovation, development and sustainability starting initially with his early upbringing in a small fishing community on Newfoundland's Northern Peninsula. He began his career as a technical assistant at the Fishing Technology Unit at the Marine Institute, progressing through educational roles with the MI and the College of the North Atlantic. His varied career includes time in Nunavut in various senior roles until joining the Canadian Centre for Fisheries Innovation as an Industrial Liaison Officer and was promoted to the position of Managing Director. He is currently Head of the School of Fisheries within the Fisheries and Marine Institute of Memorial University. Carey serves as the Senior Industry Co-Chair of the Canadian Seafood Value Chain Roundtable as well as the President of the International Association of Fish Inspectors.

Carey holds both a Bachelor of Science and Masters in Fisheries Resource Management from Memorial University. He is currently pursuing his Doctoral studies at the University of Calgary in the area of Academic Leadership in Higher Education.

Charlene Brophy
As President and CEO of FONEMED, Charlene Brophy has brought her knowledge of our health care system into developing countries and communities which otherwise would not have access to medical care. She has provided direct oversight for the establishment of tele-health centers at multiple international locations including Bangladesh, Manila, Haiti, Venezuela and Peru. Today, FONEMED has over 150 employees in Canada and the United States, with many more working in international health contact centres. Close to 100 employees are based in Newfoundland and Labrador alone.

Charlene has authored and co-authored multiple publications and abstracts. She is a recipient of the Business Excellence Award from the St. John's Board of Trade for leading innovation and her outstanding contribution to the provincial economy by growing a global business out of the headquarters in St. John's.

Charlene was recently awarded the CBC Innovator of the Year Award by Atlantic Business Magazine and has been recognized as one of the Top 50 CEOs in Atlantic Canada. Charlene firmly believes in supporting the communities in which FONEMED operates and sits on the board of various local non- profit organizations.

Lynn Morrissey
Lynn Morrissey is an Assistant Professor with the Faculty of Business Administration, Memorial University, overseeing the design of the business communications course and coordinating the teaching team. Since 2004, Lynn has also been the Faculty Advisor for Enactus Memorial, a student volunteer organization on campus. She has worked with hundreds of students and coached over 40 presentation teams. Under her direction, the team's success has been unprecedented. To date, they have won nine national competitions, as well as the world competition in 2008 and 2016. The team will again represent Canada at the 2017 Enactus World Cup in London, England.

Lynn has received the Dean's Teaching Award in recognition of her teaching excellence; the Dean's Service Award; and the Dean's Citizenship Award for exemplary service to the faculty. Most recently, Lynn received the President's Award for Distinguished Teaching, the highest teaching award given at Memorial University. Lynn is also a member of the International Women's Forum Canada through which she works with other senior leaders to influence key community initiatives.

Lynn has a Bachelor of Commerce degree and a Master of Business Administration from Memorial University.

Gena Pecore
Gina Pecore is the Chief Executive Officer of Genoa Design International. She began her career as a member of the Royal Canadian Navy during a period of transformation that included the commissioning of new warships and first-time placement of women at sea. This experience underpinned her progression over the next 25 years into a senior business leader whose values are driven by possibilities and empowerment.

Throughout her career, Gina has established and operated several businesses and earned international designations and recognition for her work in communications, training, facilitation and leadership. In 1995, she helped found Genoa Design International, and supported the company's growth from a basement enterprise to an international operation. In 2012, she accepted a partnership role at Genoa and led the company's 400 per cent growth over the next five years. Named CEO in 2017, Gina is now responsible for driving the company's continued growth across Canada and the United States.

Gina is a graduate of Mount Saint Vincent University, and has 20 years of experience as an entrepreneur and an advisor to regional and national organizations in business, government, and academic sectors. She is a firm believer in social responsibility, with personal commitments in developing communities internationally, and, among many other corporate initiatives, a commitment to Home Again Furniture Bank, a new and innovative charity that Genoa is pleased to be the lead sponsor of in Newfoundland and Labrador.

Ron Taylor
Ron Taylor, CEO of NATI is an executive with over 20 years of international business experience working in Canada, the United States, South America, Europe and Asia. Originally from Toronto, Ontario he has been living in St John's since 2002 and has been CEO at NATI since 2009.

In his career, he has operated at a Senior Executive level in the Construction, Medical, Energy and Information Technology sectors.

Well-seasoned in global business environments, Ron has an extensive network of business contacts, partners and distributors including relationships with numerous Canadian Embassies and Consulates around the world.

Andy Turnbull
Andy Turnbull is the Chief Executive Officer of the Nunacor Development Corporation, the Indigenous business development entity of the NunatuKavut Community Council, located in Happy Valley-Goose Bay. In this role he leads a group of wholly-owned companies as well as strategic partnerships in a wide range of sectors, such as hospitality, real estate, fisheries, engineering, mining services, and safety training. Andy has been a strong advocate for Indigenous participation in business in Labrador, actively establishing partnerships and maintaining contact with key industry leaders to create opportunities for members of the Indigenous community.

Andy has extensive experience in Indigenous business development as well as human resources. He has been involved in negotiating business partnerships in a broad range of industries as well as community cooperation agreements with the mining industry in Labrador. Andy has worked with Service Canada and the Department of Advanced Education and Skills, positions both relating to assisting employers with business development and human resource matters. Andy was named one of the Top 50 CEOs in Atlantic Canada by Atlantic Business Magazine in both 2016 and 2017.

Andy is originally from Charlottetown, on the south coast of Labrador and currently resides in Happy Valley-Goose Bay, NL. He has a Bachelor of Arts in French and Business from Memorial University of Newfoundland.

Josh Quinton
Josh Quinton, Manager of the US east coast at Bloomberg L.P., has been a leader in the financial industry for the last 10 years in New York City. He is an award-winning global business manager having built analytics to bring transparency to the financial markets and advised some of the largest money managers in the world, including multinational corporations, pensions, hedge funds, central banks and heads of government in the United States and Canada.

In addition to several other charities in Newfoundland and Labrador and New York, Josh serves on the finance committee of the Grenfell Association of America in New York, which is committed to providing health care, education and social services to the coastal communities of northern Newfoundland and Labrador. He has been a strong mentor and advocate for Memorial's Faculty of Business, regularly advising and connecting students with industry leaders. In 2011, he negotiated the donation and set up of a state of the art White Trading Lab at Memorial University. He was also the recipient of Memorial's Alumni Horizon Award in 2012. Josh grew up in a small family business in Newfoundland and is passionate about supporting local entrepreneurship and promoting self-sustainability and innovation in the province.

Josh holds a Master's degree in International Economics from Columbia University and a Bachelor of Commerce from Memorial University.

Dr. Jacqueline Walsh
Dr. Jacqueline Walsh is an assistant professor of business at Grenfell Campus, Memorial University. Jacqui practiced law in Newfoundland and Labrador for many years in private practice and as in-house counsel for some of the province's most successful software companies. In addition, Jacqui spent many years volunteering her time with the Genesis Centre, NLAN, and Futurpreneurs. Jacqui moved to the west coast of the island in 2008 and began teaching entrepreneurship and strategy in the business program at Grenfell. She is actively involved with the Navigate Entrepreneurship Centre; founded the Enactus Grenfell team; completed the lean start-up training program; and is a member of the Newfoundland and Labrador Global Entrepreneurship Monitor team. Her research areas include the role of post-secondary institutions in regional economic development; the development of a culture of entrepreneurship and innovation in communities; and the improvement of commercialization skills in small firms.

Jacqui has a Ph.D. in intellectual property law from the University of Leicester, a MBA from Memorial University and a LL.B. from the University of New Brunswick.

Mandy Woodland
After working for many years in St. John's as a commercial lawyer with a large Atlantic Canadian firm, Mandy founded her virtual law firm in 2013 providing fixed-fee legal services, with an emphasis on privacy and technology, for commercial clients nationally.

As a co-owner of a digital strategy consulting firm, Mandy helped consulting clients with growth and innovation strategy - whether internally through culture and employee engagement or externally through product-market fit, new idea vetting, accessing new markets or attracting their ideal customer. More recently she has co-founded Jellyfish, to continue working to help CEOs achieve their own vision of success through bespoke design strategy.

Mandy is a member of the provincial Business Innovation Agenda Private Sector Advisory Committee and has been a mentor for Propel ICT since their first NL cohort in 2015. Mandy is a co-founder of Common Ground Coworking, past-Chair of the national Canadian Bar Association Privacy & Access Law Section, past-Chair of the Newfoundland and Labrador Association of Technology Industries, a member of the Startup Committee of ITechLaw, and a former director at both St. Michael's Printshop and the Newfoundland and Labrador Organization of Women Entrepreneurs (NLOWE).

In 2016 she was recognized by NLOWE with the Entrepreneur of the Year - Innovation Award, and was awarded the Northwest Rotary Aidan Maloney Young Professionals Award for positively impacting both vocation and community.

Mandy has a Bachelor of Science from Memorial University where she also completed the coursework for the graduate program in Medicine (molecular biology) and worked within the Faculty of Medicine at Memorial as a research assistant before attending Dalhousie University (LL.B., '06). She also completed the Masters of Technology Entrepreneurship and Innovation (MTEI) program at Saint Mary's University Sobey School of Business.

InnovateNL

http://www.releases.gov.nl.ca/releases/2017/btcrd/0720n02.aspx

Solace Power Receives $2.3 Million Investment from Lockheed Martin to Develop Innovative Wireless Power Technology in Atlantic Canada

28 June 2017

MOUNT PEARL, NL, June 28, 2017 - Solace Power Inc. is pleased to provide details on the $2.3 million USD strategic investment from Lockheed Martin (NYSE: LMT) under the Industrial and Technological Benefits (ITB) Policy, which requires winning contractors to invest in Canada at an amount equal to the contract they have won.  The investment will enable Solace Power, an Atlantic Canada-based, small and medium-sized enterprise (SME) research and development company, to accelerate commercialization of its wireless power technology called Resonant Capacitive Coupling, or RC2.

Lockheed Martin is making this investment as part of their ITB obligation for the in-service support of 17 CC-130J Super Hercules transport aircraft, which were delivered to the Royal Canadian Air Force in 2010.  

"We are very pleased to see our Investment Framework grant going to such a highly innovative SME like Solace Power," says Charles Bouchard, chief executive of Lockheed Martin Canada.  "We are impressed with Solace Power's track record of development and commercialization of its globally competitive products, and are proud to support such an innovative organization. The success of this investment is an example of how large international aerospace companies such as Lockheed Martin can collaborate with smaller businesses in Canada to create opportunities for lasting growth in the Canadian economy."

Solace's RC2 technology enables unmanned aerial vehicles (UAVs) to stay in the air longer by recharging autonomously. The technology uses electric fields for wireless power transfer via charging stations placed near surveillance areas. It has wide-ranging aerial applications that can keep drones in operation for longer periods of time without requiring manual battery charging or swap operations. Beyond UAVs, the versatility of RC2 has been demonstrated in the automotive and office furniture markets, and in manufacturing and maintenance processes. 

"The Solace team is excited and energized by this investment from Lockheed Martin, and we look forward to building on the synergy between our companies," said Kris McNeil, president and CEO of Solace. "This investment will enable us to bring our RC2 technology to market earlier. We see significant potential for commercial uptake of our wireless power technology in multiple markets."  

As a result of the Lockheed Martin investment, Solace is expanding its engineering team, upgrading its R&D facilities in Mount Pearl and will deliver smaller, more efficient components for wireless power transfer at higher power levels. The investment will see RC2 integrated into new applications with improved capabilities in several industries.  

Lockheed Martin's ITB investment in four Canadian companies, including Solace Power, was announced by the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, at the CANSEC defense and security show on May 31, 2017. The news release for the announcement can be found at https://goo.gl/huzKPF.

About Solace Power

Solace Power is an engineering research and development company that licenses its RC2 technology for wireless power applications. Solace uses electric fields, which enable complete spatial freedom and misalignment, while allowing flexible and conformal end product design. In 2016, Solace Power won the 6th Annual Sikorsky Entrepreneurial Challenge, which recognizes top innovative technology companies by Sikorsky Innovations, a Lockheed Martin Company. For more information, visit www.solace.ca or twitter.com/solacepower

Demo of Solace's wireless power: https://youtu.be/3WqtQGvOrYQ

About Lockheed Martin

Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 97,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. For additional information, visit our website.

About Lockheed Martin Canada

Lockheed Martin Canada, headquartered in Ottawa, is the Canadian-based arm of Lockheed Martin Corporation, a global security and aerospace company employing 97,000 people worldwide. Lockheed Martin Canada has been Canada's trusted defence partner for over 75 years specializing in the development, integration and sustainment of advanced technology systems, products and services. The company employs more than 900 employees at major facilities in Ottawa, Montreal, Halifax, Calgary, and Victoria, working on a wide range of major programs spanning the aerospace, defence and civil sectors.

Media Contacts: 

Libby Carew
Solace Power Inc. 
Tel: (709) 725-7627 | libby.carew@solace.ca 

Cindy Tessier
Lockheed Martin Canada
Head of Communications
Tel: (613) 762-5753 | cindy.tessier@lmco.com 

Companies Receive More Than $5.7 Million in Support for Innovative Projects

16 June 2017

Government funding supports technology development and commercialization in Newfoundland and Labrador

June 16, 2017 - Mount Pearl, NL - Atlantic Canada Opportunities Agency

Two companies in Newfoundland and Labrador are bringing technology to the sea and sky to create new jobs and economic opportunities. Fugro Geosurveys is adapting and demonstrating sensor technology for use with Autonomous Underwater Vehicles (AUVs) while Solace Power Inc. is focussed on wireless charging technology for small electric unmanned aerial vehicles.

The Government is Canada is contributing more than $5.5 million through ACOA for these projects. The Government of Newfoundland and Labrador, through the Research & Development Corporation (RDC), is contributing $244,648 towards the project with Solace Power Inc.

The federal funding was announced today by Seamus O'Regan, Member of Parliament for St. John's South-Mount Pearl, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for the Atlantic Canada Opportunities Agency (ACOA).  Provincial funding was announced by the Honourable Cathy Bennett, provincial Minister of Finance, on behalf of the Honourable Christopher Mitchelmore, provincial Minister of Tourism, Culture, Industry and Innovation.

The investments from ACOA are provided through the Atlantic Innovation Fund, which encourages partnerships among private sector firms, universities, colleges and other research institutions to develop and commercialize new or improved products and services.

Canada's Innovation and Skills Plan aims to make this country a global centre for innovation-one that creates jobs, drives growth across all industries and improves the lives of all Canadians. Investments in these projects demonstrate the Government of Canada's new approach to economic development through innovation.

Over the next five years, all six regional development agencies across Canada, including ACOA, will invest a total of $1.5 billion to strengthen innovation capacity and economic growth in each region. Part of these investments will go towards supporting projects such as those announced today, that are adopting new technologies to boost innovation capacity and competitiveness.

BACKGROUNDER - Project Descriptions

Fugro Geosurveys (a division of Fugro Canada Corporation) St. John's
ACOA assistance: $2.98 million (AIF Conditionally Repayable)
Total Project Costs: $5.1 million

Fugro Geosurveys will implement new sensor technology in Autonomous Underwater Vehicles (AUVs) to advance their commercial potential in areas such as subsea mapping, ocean environment and habitat monitoring, inspection and surveillance in harsh environments. The technology will address needs within the commercial, scientific and government communities.  It will benefit marine areas such as oil and gas, sustainable energy, environmental and scientific research.  

Solace Power Inc. (St. John's)
ACOA assistance: $2.55 million (AIF Conditionally Repayable)
RDC assistance: $244,648
Total Project Costs: $4.2 million

This project involves research and development to advance the company's wireless charging capabilities of small electric unmanned aerial vehicles. The technology will be used for demonstration in a pilot project such as pipeline inspection with a commercial partner.  As a clean-tech initiative, it will reduce emissions by replacing other fuel-based monitoring technologies. 

Quotes:

"Through our Innovation and Skills Plan, the Government of Canada is working with local companies to help bring Canadian innovations to market. Initiatives like the ones announced today support advances in technology that will enable these businesses to compete internationally, strengthen and grow the middle class and create jobs."

- The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for ACOA

"The Government of Canada recognizes this is a nation of innovators and we are committed to supporting new and developing technologies that bring ideas from conception to commercialization. These projects will have a positive impact on residents and contribute to a dynamic, thriving and competitive technology industry in Newfoundland and Labrador." 

-Seamus O'Regan, Member of Parliament for St. John's South-Mount Pearl 

"Innovation plays a critical role in advancing a stronger, more diversified economy in Newfoundland and Labrador. The Provincial Government is pleased to support Solace Power as they endeavor to develop a new, disruptive technology in wireless power transfer for the global aerospace and defence market."

-The Honourable Christopher Mitchelmore, Minister of Tourism, Culture, Industry and Innovation and Minister Responsible for the Research & Development Corporation

"We are excited to accelerate the research and development of our wireless power technology, which has the potential to transform multiple industries with real-world applications. Thanks to the support from the Governments of Canada and Newfoundland and Labrador, we will be building a state-of-the art power electronics lab in St. John's, which will put us at the forefront of wireless power development. This advanced testing facility will be one of very few of its kind in Canada and will enable us to accelerate and advance the testing of our innovative wireless technology."

-Kris McNeil, President and CEO, Solace Power Inc.

"We are very excited to have this opportunity to expand and build on our expertise in marine mapping, data acquisition and interpretation. Together with our partners at MUN, Faculty of Engineering and Marine Institute, we have a unique opportunity for the development of new technology and skill in the marine mapping sectors."

- Mike Cole, President, Fugro Canada Corp

Quick Facts:

• ACOA's innovation programming, which includes the Atlantic Innovation Fund (AIF) and the Business Development Program (BDP), is designed to help bring to market new products, technologies and services that will improve the competitiveness and productivity of the Atlantic economy. 

• In 2016, the Government of Canada, through ACOA's AIF, invested more than $35 million in 16 innovation and R&D projects in the Atlantic region. 

• RDC is a provincial Crown Corporation established to strengthen the focus, quantity, quality, and relevance of R&D for the long-term economic benefit of Newfoundland and Labrador. In 2016-17, RDC invested over $15.9 million in 128 academic and business R&D projects. 

ACOA's Innovation Programming

ACOA's innovation programming, which includes the Atlantic Innovation Fund and the Business Development Program, responds to the evolving needs of Atlantic businesses and researchers. It is designed to help bring to market new products, technologies and services that will improve the competitiveness and productivity of the Atlantic economy. The programs also provide support to small and medium-sized enterprises across the region to acquire or adapt innovative technologies that can improve their productivity and competitiveness, while also enabling them to build the skills they need to innovate and compete in today's global economy.  

Contacts:

Paul McGrath
Director, Communications
ACOA NL
709-772-2984
paul.mcgrath@canada.ca

Eric Humber 
Media Relations Manager 
Tourism, Culture, Industry and Innovation
709-729-4819, 725-9655
erichumber@gov.nl.ca

Libby Carew
Solace Power Inc. 
709-725-7627
libby.carew@solace.ca 

Mike Cole
President
Fugro Canada Corp
(709) 726-4252 extension 224
mike.cole@fugro.com 

Ashley Russell 
Marketing and Communications Specialist
Research & Development Corporation
709-758-0308, 730-4079

Memorial University Computer Science co-op students seeking fall work terms

06 June 2017

Students from the Department of Computer Science at Memorial are now seeking full-time, paid work terms starting in September 2017.  There are senior students in the Bachelor of Science, computer science program seeking work terms of 8, 12 or 16 months and students in the Master of Science, computer science program seeking work terms of 4 or 8 months.  These students are very eager and enthusiastic to make a solid contribution to your company and to develop their skills and professional capacities.

Student experience and interests include: software development; data mining; numerical modelling; project management; systems and server administration; financial services; user support; technical sales; security; debugging & testing; database design and management; object-oriented programming; computational research; mobile development; system hardware; data visualization, and AI. Skills include: Java, JavaScript, C++, C#, Python, HTML, CSS3, MySQL, PHP, NodeJS, ASP, SQL, MATLAB, JSP, Visual Basic, GCC, Makefile, Apache, GIT, Bootstrap. 

Financial support to hire co-op students is available for small businesses, please see here for details on the SECPAP wage subsidy program.

The Cooperative Education office for the Faculty of Science would be pleased to assist you by posting opportunities on our co-op employment portal and arranging interviews with suitable candidates (on campus, at your office or by skype or videoconference, as required).  

For a full list of Memorial's Science and Humanities & Social Sciences co-op programs click here.

If you'd like more information, please contact: 

Rebecca Newhook
Academic Staff Member in Co-operative Education
Faculty of Science and Faculty of Humanities & Social Sciences
Memorial University of Newfoundland
t:709.864.4098  f:709.864.4000 e:rnewhook@mun.ca
Science Building, SN-1062

 

Kraken awarded $400,000 AQUAPIX® SONAR contract

06 June 2017

Repeat Order from Leading European Defence Contractor

ST. JOHN'S, NEWFOUNDLAND, JUNE 5, 2017 /Marketwired/ -- Kraken Sonar Inc. (TSX-V: PNG) announced today that its wholly-owned subsidiary, Kraken Sonar Systems Inc. has been awarded a repeat contract valued at over C$400,000 by a leading European defence contractor. Kraken will supply and integrate its AquaPix®Miniature Interferometric Synthetic Aperture Sonar and Real-Time SAS Signal Processor on the customer's Autonomous Underwater Vehicle (AUV). Delivery is expected in Q3, 2017.

AquaPix® is designed for operation on AUVs, manned and unmanned surface vessels and towed platforms. The modular system uses the latest electronics, transducer arrays and signal processing software optimized for the demanding size, weight, power and cost constraints of unmanned maritime vehicles.

Karl Kenny, Kraken President and CEO said, "We are very pleased with this repeat contract award from a long-standing customer. AquaPix® is an industry leading sonar system providing military grade technology that enables superior 3D seabed imaging, faster data processing and a lower cost than competing sonars. With the increasing international focus on AUV technology, Kraken is well-positioned in this high-priority, high-potential growth area."

Conventional side scan systems are limited in that they only provide high resolution imagery at short ranges.AquaPix® produces ultra high-resolution seabed imagery at long ranges. The additional information provided by AquaPix® delivers detection and identification capabilities that cannot be achieved with conventional sidescan sonar. While AquaPix® can provide 3 centimetre  resolution at ranges up to 300 metres  per side, the resolution of even the best side scan sonars is 1 metre or greater at these ranges. Higher resolution allows AquaPix® to provide useable area coverage rates up to 10 times better that of conventional sidescan, which reduces mission time and provides faster actionable intelligence.

AquaPix® also generates highly accurate 3D bathymetry data that is registered and geo-referenced to the same pixel grid co-ordinates as the imagery. Operators can simultaneously produce crisp seabed imagery and detailed 3D digital terrain maps of seafloor topography that exceed IHO SP-44 survey standards.  The capability of generating centimetre-scale resolution in all three spatial domains also provides significant performance improvements in the detection, classification and identification of small seabed objects.

Autonomous Underwater Vehicles are ideal sonar platforms and provide extremely stable platform for acoustic and laser imaging in a variety of water depths. Equipped with next-generation sensors such as Kraken's AquaPix® and SeaVision™, AUVs are ideal for a wide variety of underwater defence, commercial and ocean science applications.

ABOUT KRAKEN

Kraken Sonar Inc. (TSX.V:PNG) is a marine technology company, founded in 2012, that is dedicated to the production and sale of software-centric sensors and underwater robotic systems. The company is headquartered in St. John's, Newfoundland with offices in Dartmouth, Nova Scotia; Bremen, Germany; and Fairfax, Virginia. For more information, please visit  www.krakensonar.com www.krakenrobotik.de www.krakenpower.de.

For further information, please contact:

Sean Peasgood, Investor Relations
(416) 565-2805
sean@sophiccapital.com

Stephen Harpur, Investor Relations
(604) 306-6142
skharpur@gmail.com

Greg Reid, Chief Financial Officer
(416) 818-9822
greid@krakensonar.com

Glenda Leyte, Marketing Manager
(709) 757-5757 extension 288
gleyte@krakensonar.com

 

http://www.krakensonar.com/en/investor/news/2017/114-kraken-awarded-400-000-aquapix-sonar-contract

Kraken Receives $745,000 for Underwater Robotics

15 May 2017

Non-Dilutive Capital to Support ThunderFish™ Autonomous Underwater Vehicle Program

ST. JOHN'S, NEWFOUNDLAND - (Marketwired - 15 May 2017) -  Kraken Sonar Inc. ("Kraken") (TSX-V: PNG) is pleased to announce that its wholly-owned subsidiary, Kraken Sonar Systems Inc. has been awarded a non-refundable financial contribution of $745,950 by the Research & Development Corporation (RDC) of Newfoundland and Labrador.

The funding will support development of Kraken's ThunderFish™ Autonomous Underwater Vehicle (AUV) program. The ThunderFish™ program will combine smart sonar, laser and optical sensors, advanced pressure tolerant battery and thruster technologies and cutting edge artificial intelligence algorithms integrated onboard a cost effective 6,000 metre depth rated AUV. 

Karl Kenny, President and CEO of Kraken said, "We are very grateful to RDC for their support of our efforts and appreciate their thorough review of our development program. This funding will help maintain the excellent momentum we have been building over the past two years in underwater robotics."

"Technological innovations in sensors, high performance computing and robotics now enable next generation underwater vehicles that are highly autonomous, cost effective, light weight and easier to operate. We look forward to continuing to develop advanced marine technologies and products to meet the ever-evolving demands of our growing customer base."

ABOUT THE GLOBAL AUV MARKET

The global AUV market is experiencing an advanced rate of growth due to increasing demand in military, commercial and scientific research applications. Significant growth is expected in the commercial sector, predominately from oil and gas operators - despite the volatility of oil prices. There has also been substantial interest in the technology from the offshore renewable energy sector, as operators have begun to understand the cost saving potential of AUVs for inspection of underwater assets. Research from industry analysts Technavio forecasts that the global AUV market is expected to grow from US$600 million in 2015 to over US$2 billion by 2020. 

The World AUV Market Forecast from Douglas-Westwood covers all key commercial themes relevant to companies across the value chain in all AUV sectors. The report considers the prospective demand for AUVs in the commercial, military and research sectors over the next several years. Unit demand is expected to increase over the forecast at a CAGR of 10%, with all sectors seeing growth due to increased utilisation of AUV technology.

ABOUT RDC AND ITS FUNDING OF KRAKEN

RDC is a provincial Crown corporation responsible for improving Newfoundland and Labrador's research and development (R&D) performance. RDC works with R&D stakeholders including business, academia, and government agencies and departments to make strategic investments in highly qualified people, R&D infrastructure, and innovative research. Additional information about RDC can be found at: www.rdc.org.

Kraken's funding contribution was provided under RDC's SensorTECH program, which supports sensor research, development and demonstration in simulated and real operating environments. Research and development conducted under this program helps solve local technical challenges and contributes to the development of new or improved products and services with sensor-related technologies such as radar, acoustics, optics, sonar and signal processing that can be exported around the world.

The SensorTECH funding will be used during 2017 and 2018 to help develop Kraken's THUNDERFISH AUV platform.

For further information, please contact:

Sean Peasgood, Investor Relations
(416) 565-2805
sean@sophiccapital.com 

Stephen Harpur, Investor Relations
(604) 306-6142
steve@harpurinc.com

Greg Reid, Chief Financial Officer
(416) 818-9822
greid@krakensonar.com 

Glenda Leyte, Marketing Manager
(709) 757-5757 extension 288
gleyte@krakensonar.com

 

http://www.krakensonar.com/en/investor/news/2017/111-kraken-receives-745-000-for-underwater-robotics

BIO WC Industrial Biotech 2017 Montreal - Opportunities for Atlantic companies

24 April 2017

BioNB, in partnership with BioNova, NATI and PEI BioAlliance, is coordinating the Atlantic Canada delegation to the BIO World Congress on Industrial Biotechnology and we would like to know if you are interested in taking part: July 23 - 26, 2017 in Montreal - https://www.bio.org/events/bio-world-congress

Please let us know if you are planning to attend by replying to this email or filling out the brief survey at this link https://www.surveymonkey.com/r/BIOWC17_AtlanticCanada

It's important that we are notified before you have purchased your registration so that we can plan accordingly. This will allow us to access funding support for the booth and networking event from ACOA. This will likely take the form of BioNB registering on your behalf, then issuing a invoice from BioNB equal to the value of your registration back to you. I hope to have more information on this process in the coming days as we work with the conference organizers on the best solution.

As a member of our group you will be supported (at no additional cost) with:

  • Participation in the Atlantic Canada booth where you can meet, greet and display promotional materials;
  • An exclusive breakfast networking event focused on international research and industrial partnerships; and
  • Support with matchmaking and navigating the event.

BIO World Congress is the world's largest industrial biotechnology forum for business executives, government officials, academic researchers and industry leaders in renewable chemicals, synthetic biology, enzymes, food ingredients, biofuels and more.

Important dates:

  • One-on-One Partnering opensin late May
  • Early bird registration endsJune 1, 2017 (non-member $1,550, Academic/Government $750 USD)
  • Conference hotels at BIO discounted rates are available now and can be reserved through the conference website.
  • Investor Session and Poster Presenter applications are due May 15th

Join COVE - Centre for Ocean Ventures and Entrepreneurship in Halifax, Nova Scotia, Canada

24 April 2017

COVE is a global centre for ocean businesses and technology commercialization. Our mission is to advance the ocean economy by providing high-quality marine infrastructure and collaborative space. Situated at the deep water port of Halifax, Canada, COVE is where companies can start, grow and prosper.

Complete our Request for Information online if you are interested in learning about opportunities to partner with COVE for:

  • Membership - local and remote
  • Incubation Program Stream
  • Short-term on-site license
  • Long-term lease or berthing agreement
  • Other collaborative partnerships

Construction has begun on site with an anticipated occupancy date of April 2018. Our 20 acre site (7.4 acre land, 12.7 acre water lot) features extensive marine facilities, more than 800 metres of wharfage including two piers, marginal wharves and small boat dock area as well as over 50,000 square feet for workshops and offices with a business incubator and onsite test and fabrication facilities.

For more details, and to submit your request for more information, visit: www.coveocean.com.

National Girls Learning Code Day Takes Place on May 13, 2017

20 April 2017

Toronto, April 20, 2017 - Ladies Learning Code -- a national not-for-profit offering beginner-friendly tech education -- is proud to announce the fourth-annual National Girls Learning Code Day . On May 13, 650+ girls ages 8-13 and their parent or guardian will attend simultaneous in-person workshops in over 29 communities across the country. This year St. Johnfs is participating with an in-person workshop held at the Genesis Centre. The event will run from 1PM to 4PM NDT. This yearfs event is presented with the support of Scotiabank.

On that day, hundreds of Canadian girls and their parents will come together to challenge themselves to learn a new skill: game-making. Together with their parents, girls will:
- Discover a passion for learning about technology
- Experience the satisfaction that comes from being a builder of technology
- Build & develop a fun, interactive game to share with their friends and family
- Build confidence and develop a willingness to try new things

What will participants learn?
Using Scratch, a beginner level programming environment that encourages mathematical and computational skills, girls will create interactive stories through animation. This experience offers girls the opportunity to
express their creativity in a super fun environment, and learn about the different elements of a story, as well as character interaction and basic design principles.

Photo opportunity: At the end of the workshop, each girl will also get a chance to practice their presentation skills and showcase their creation for everyone attending the workshop.

This event takes place on International Scratch Day & during the Government of Canada's Science Odyssey Week.

Click here to regsiter.

On May 13th, 2017 communities from around the world will jointly celebrate the 10-year anniversary of the Scratch program (created by MIT) by holding local workshops and educational events for youth. Ladies Learning Code is excited to be using the Scratch platform during our National Girls Learning Code Day on this important global occasion.

National Girls Learning Code Day will also be among the registered events for this year's Government of Canada-sponsored Science Odyssey Week , which runs from May 12th to May 21st. Science Odyssey is a "national campaign of discovery and innovation [which] celebrates Canadian achievements in science, technology, engineering and mathematics (STEM) by bringing together hundreds of events and science outreach leaders to deliver fun, engaging and inspiring activities to Canadians of all ages."
Find a workshop in a city near you by visiting our website at girlslearningcodeday.com

About Ladies Learning Code
Ladies Learning Code is a Canada-wide not-for-profit organization that runs workshops for women and youth who want to learn beginner-friendly computer programming and other technical skills in a social and collaborative way. Today they have 29 chapters (and counting) across Canada, a thriving girls' program called Girls Learning Code and co-ed kids program called Kids Learning Code With sponsors and community partners that include TELUS, Microsoft, Facebook, Scotiabank, Google and many more, Ladies Learning Code has become synonymous with technology education in Canada.

Contact
Dana Parsons (Chapter Lead, LLC NL)
danap@ladieslearningcode.com
Website: ladieslearningcode.com
Twitter: @learningcode

REQUEST FOR INFORMATION: Offshore Wind Energy Industry Services Capacity in Newfoundland and Labrador

11 April 2017

On behalf of the Newfoundland and Labrador Environmental Industry Association (NEIA), Stapleton Environmental Consulting is conducting research on existing capabilities within the province that could supply an offshore wind energy industry.

NEIA has identified significant similarities between the requirements for offshore wind energy development and existing business infrastructure in Newfoundland and Labrador. Your participation in this research will help inform NEIA's future business development activities related to this growing international industry.
 
Such supply could include (but not be limited to):

  • engineering
  • environmental monitoring
  • training
  • manufacturing
  • geotechnical services
  • meteorological services
  • electrical systems
  • supply vessels
  • ocean technology
  • diving and underwater services.
  • etc.

If you believe your firm has products or services that are transferable to an offshore wind energy industry, we would like to hear from you. Please contact Erin Stapleton at erin.stapleton@outlook.com.

The information you provide will be used to assess capabilities on a provincial scale; your firm name will not be published in any public forum.

The Woods Hole Center for Marine Robotics (CMR) is now accepting Affiliate Members

14 March 2017

The purpose of the various forms of Membership at the Center for Marine Robotics is to provide formal access to the scientific and technical resources and staff at WHOI through the CMR, provide connectivity to a robust cluster of marine robotics and related other businesses and invite partnership development and business prospects with the Center. Membership Inquiries can be directed to Leslie-Ann McGee at lmcgee@whoi.edu.

Learn more at: http://www.whoi.edu/marinerobotics/membership

The Bluedrop Innovation 25th Anniversary Scholarship Announced

08 March 2017

ST. JOHN'S, Newfoundland--(BUSINESS WIRE)--Bluedrop has spent 25 years proving the impossible is possible, charting a new course and steering ideas into impact from our home in the Atlantic. The Bluedrop Innovation 25th Anniversary Scholarship knows that predicting the needs of the workforce of tomorrow requires important action today. Bluedrop is proud to sponsor three scholarships for female students in various ICT programs at College of the North Atlantic, Memorial University and Academy Canada.

"Supporting women in Newfoundland and Labrador and ensuring that they have a role as future leaders in the technology workforce of the future is critical, and the responsibility of us all. Our award goes beyond grades - the recipients will be women who have overcome obstacles, taken risks and persevere towards achieving all that is certainly possible," said Emad Rizkalla, Founder & CEO, Bluedrop.

More information on details and timing of scholarship applications will continue to be rolled out in the coming weeks. Follow Bluedrop on Twitter @Bluedrop_BPL and on LinkedIn for updates.

On International Women's Day we are proud to embrace the future of women in technology by celebrating the doers, risk takers and fearless minds.

About Bluedrop Performance Learning
Bluedrop Performance Learning Inc. (TSX-V: BPL) is an innovator in both the development of workplace e-learning and simulation as well as the way large organizations deliver, track and manage training. Bluedrop Learning Networks, a subsidiary of Bluedrop Performance Learning, is a training management platform that delivers and validates skills and credentials across multi-stakeholder workforce ecosystems. The Bluedrop360 platform enables workers to upgrade their skills on demand, validate their on the job competencies and keep their credentials as they move jobs. Learn more at bluedroplearningnetworks.com.

Contacts

Bluedrop Performance Learning Inc.
Nicole Dong
nicoledong@bluedrop.com

With Big Clients, Celtx Eyes Series B

21 February 2017

by Peter Moreira (http://entrevestor.com/ac/blog/with-big-clients-celtx-eyes-series-b/)

A year of signing up large enterprise clients has Mark Kennedy being in a position later this year to entertain a Series B funding round.

Kennedy is the CEO of St. John's-based Celtx, which has been a pioneer in producing a range of software for the film industry.

Founded in 2000, the company has attracted millions of users who are film writers, designers, producers and others involved in "scripted media" like film, video, games, theatre and the like. The company's breakthrough came when it launched its software-as-a-service product in 2012 and began to focus more on gaining revenues.

Kennedy said the company added more than 1.1 million registered users to its Software-as-a-Service and mobile products in 2016, but the big news was that it began to gain more customers for its enterprise offering, which is designed for large studios.

"About a year ago, we decided to tweak the product so it catered more to that type of company," said Kennedy in a phone interview from St. John's. "The first quarter is usually our strongest quarter for sales, and in the first quarter last year we saw increasing inbound interest in those specific customers - we were coming into the orbit of these much larger players."

The enterprise clients listed on the company's websites include: Univision, a Spanish-language television network in the U.S. whose 2015 revenues were US$2.9 billion; Rovio Entertainment, the Finnish maker of Angry Bird; Buzzfeed, the New York Internet media company, and the U.S. cable TV giant HBO.

In particular, Kennedy said the company has been making inroads in the Latin American market - so much so that one of its recent hires has been a customer services representative whose first language is Spanish.

Mariner XVu Sales Growth Tops 30%

One reason Celtx is succeeding at the enterprise level is that the company made the choice about two years ago to give its clients the ability to work on episodic series. Celtx caught the wave of multi-episode series that is all the rage with viewers now, and Kennedy said Latin American companies are especially prolific in these productions.

Celtx has also made steady inroads into the educational community, and is helping not only post-secondary institutions but also high schools teaching film to students.

The client base now includes the Philadelphia School District, which is comprised of 25,000 schools.

And there is crossover between the film and educational clients. For example, the Toronto-based French-language TV network TFO is using Celtx software in its educational programming.

Pinning down the exact number of customers is difficult, because clients tend to use the software when they're working on a project and can then set it aside for months. But Kennedy said 800,000 people downloaded Celtx's mobile app in 2016. It is now seeing about 250,000 unique visits each month in the SaaS product. Overall, its revenues have increased by at least 55 per cent in each of the last three years.

To increase sales, especially among enterprise clients, Celtx this year hired Wade McCallum, formerly of Radian6 and Salesforce, to be vice-president of sales.

He is now building up a sales team in Halifax.

Celtx last raised money two years ago when it brought in $3.3 million from Build Ventures of Halifax and its original backer, Killick Capital  of St. John's. Kennedy has spoken of building up to doing a Series B funding round, considerably larger than the last round, once the company gets its sales to the right level.

"We're not far from those metrics now - we should be in solid Series B metrics by the end of the year," he said.

"And we're getting inbound VC interest once or twice a week, all out of the States, both East Coast and West Coast."

 

Imperva Acquires Data Security Assets from Camouflage Software

08 February 2017

https://www.twst.com/update/imperva-inc-imperva-acquires-data-security-assets-from-camouflage-software/

Acquisition enables Imperva customers to increase user access to sensitive data assets while reducing risk

Redwood Shores, Calif. - February 8, 2017 -  Imperva, Inc. (NASDAQ: IMPV), committed to protecting business-critical data and applications in the cloud and on-premises, today announced the company has acquired the assets of Camouflage Software, Inc., a data masking company. In addition, Imperva has hired nearly all of Camouflage's employees. This acquisition furthers a technology alliance with Camouflage that added data masking capabilities to the existing portfolio of market-leading Imperva data protection offerings.

The  data masking technology pioneered by Camouflage enables enterprises to replace sensitive data, such as personally identifiable information, embedded in business processes with fully functioning fictional data that conforms to the logic embedded in the application. For example, if a postal code is replaced with fictional data, that data must conform to the look-up validation in the field and operate as expected. Masked data is useful for business analysis, development and test, cloud adoption and other purposes. It also helps minimize the number of places actual sensitive data is stored reducing overall exposure to cyber threats. Imperva Camouflage Data Masking not only protects against data theft, but also serves as a compliance solution for customers subject to regulations governing data privacy and the secure transfer of data such as the General Data Protection Regulation (GDPR), the Payment Card Industry (PCI) Data Security Standards and the Health Insurance Portability and Accountability Act (HIPAA).

'Through  our OEM agreement with Camouflage, we saw the value of their data security offerings and how it helped to provide Imperva customers with the flexibility to use data assets while minimizing the risk associated with exposing sensitive data,' said Mark Kraynak, senior vice president and general manager of enterprise solutions for Imperva. 'Now, we are excited to take the relationship a step further with the acquisition. We look forward to extending the Imperva solution to include data security functionality that can further protect against cyberattacks and help customers achieve regulatory compliance.'

'We've worked closely with Imperva over the last few years and have synergy around understanding enterprise customers' pain points in securing sensitive data,' said Danny Penton, former chief financial officer of Camouflage Software, and current general manager of the Camouflage solution at Imperva. 'We are excited to join a company that is a leader in protecting data and applications. We are confident that our solutions will enhance the Imperva portfolio and continue to give customers the ability to leverage controlled, masked, realistic data enabling them to do their jobs without the risk of compromising security.'

Combined with Imperva SecureSphere and Imperva CounterBreach, Imperva Camouflage enables organizations to safely maximize use of highly-valuable data by:

  • Discovering where sensitive data resides, and who has access
  • Masking sensitive data to safely and broadly use it across the organization
  • Continuously monitoring in real time who accesses what data
  • Detecting and containing potential breaches by quickly identifying and blocking instances of data abuse

Camouflage is based in St. John's, Newfoundland and the asset acquisition is not material to Imperva financials.

Visit  www.imperva.com/Products/DataMasking  for more information on Imperva Camouflage.

About Imperva
Imperva ® (NASDAQ: IMPV) is a leading provider of cyber security solutions that protect business-critical data and applications. The company's  SecureSphere CounterBreach, and  Incapsula product lines enable organizations to discover assets and risks, protect information wherever it lives - in the cloud and on-premises - and comply with regulations. The  Imperva Defense Center, a research team comprised of some of the world's leading experts in data and application security, continually enhances Imperva products with up-to-the-minute threat intelligence, and publishes reports that provide insight and guidance on the latest threats and how to mitigate them. Imperva is headquartered in Redwood Shores, California. Learn more:  www.imperva.com, our  blog, on  Twitter.

Forward Looking Statement
This press release contains forward-looking statements, including those regarding the anticipated benefits to Imperva of the acquisition of the Camouflage Software assets, the expectation that Imperva will extend its solution to include needed data security functionality to further protect against cyberattacks and achieve regulatory compliance. These forward-looking statements are subject to material risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Investors should consider important risk factors, which include: the risk that Imperva will be unable to successfully integrate the Camouflage Software assets; the risk that Imperva will have difficulty retaining key employees of Camouflage Software; the risk that the development expenses are greater than anticipated; and other risks detailed under the caption 'Risk Factors' in Imperva's Quarterly Report on Form 10-Q filed with the SEC on November 4, 2016 and Imperva's other SEC filings. You can obtain copies of Imperva's SEC filings on the SEC's website at www.sec.gov.

© 2017 Imperva, Inc. All rights reserved. Imperva, the Imperva logo, CounterBreach, Incapsula, SecureSphere, Skyfence, ThreatRadar and Camouflage and design are trademarks of Imperva, Inc. and its subsidiaries.

EDITORIAL CONTACTS:

Tami Casey
Imperva
tami.casey@imperva.com

Lucy Harvey
Eskenzi PR
imperva@eskenzipr.com


 

Bluedrop signs over $5.5M contract as part of CFTS Program

11 January 2017

Bluedrop will deliver a Bell 206 Level 7 Flight Training Device (FTD) for training Helicopter pilots in the Royal Canadian Air Force

http://www.bluedrop.com/news/bluedrop-signs-over-55m-contract-as-part-of-cfts-program/

Halifax, NS, Canada, January 11th, 2017 -  Bluedrop Performance Learning Inc. ("Bluedrop") (TSX-V: BPL) through its subsidiary Bluedrop Training & Simulation Inc.,has received a contract of over $5.5M from KF Aerospace Defence Programs, operators of the Canadian Forces flight training program in Southport, Manitoba, to deliver a new Bell 206 Level 7 Flight Training Device (FTD) for the Contracted Flying Training and Support (CFTS) Program.

This new Level 7 FTD will provide the helicopter pilots with the most up to date flight training simulator available, equipped with a 220 deg. field of view visual system and 6-DOF cueing and vibration systems. The simulator will be installed at the CFTS Training Centre as part of the flight training program led by KF Aerospace Defence Programs and supported by Bluedrop Training & Simulation, Canadian Helicopters (HNZ) Ltd., and Canadian Base Operators. Located in Southport, Manitoba, the CFTS program has a majority role in training 80% of new pilots in the RCAF every year.

"We are very pleased to be a trusted member of the CFTS Program supplying, integrating and supporting state-of-the-art training devices for the air force" said Jean-Claude Siew, Vice President of Technology & Simulation, Bluedrop Training & Simulation. "This project underlines our extensive capabilities as a complete training systems integrator."

This new project is part of a larger scope of work that sees KF Aerospace Defence Programs and Bluedrop providing the Royal Canadian Air Force`s Primary, Rotary Wing and Multi-engine Pilot training until 2027.

About Bluedrop Training & Simulation Inc.

Bluedrop Training & Simulation Inc. designs and develops advanced training systems and state-of-the-art simulation products to safely train operators and maintainers of complex equipment. Our approach leverages innovative technology to provide cost-effective blended-media training content, from classroom instruction and computer-based training (CBT) through to high-fidelity training devices. Bluedrop Training & Simulation is a small to medium-sized enterprise (SME) providing a strong value proposition offering 100% Canadian designed and developed solutions.

For more information about Bluedrop, visit www.bluedrop.com
You can follow us on Twitter: @Bluedrop_BPL

About KF Aerospace

Founded in 1970, the company provides a wide range of aviation services to corporate, commercial and military customers worldwide.  KF Aerospace is a strong contributor to the Canadian Aviation community for 47 years. Head quartered in British Columbia's Okanagan Valley, KF Aerospace is privately owned and one of the top aviation service providers in Canada.  With about 800 highly skilled employees in locations across Canada, the company provides air cargo operations, aircraft leasing services, heavy aircraft maintenance and modifications, and military pilot training. KF Aerospace Defence Programs trains 80% of Canada's RCAF pilots to Wings Standard in both multi-engine and rotary wing roles; and oversees all aspects of training and facilities management at the Portage La Prairie, Manitoba location.

This news release may contain "forward-looking information" as defined in applicable Canadian securities legislation. All statements, other than statements of historical fact included in this release, including, without limitation, statements regarding the impact of the operational restructuring and future plans and objectives of Bluedrop, constitute forward-looking information that involve various risks and uncertainties. Forward-looking information is based on a number of factors and assumptions which have been used to develop such information but which may prove to be incorrect, including, but not limited to, assumptions in connection with the operational efficiencies associated with the integration of technological and financial systems and general economic and market conditions. There can be no assurance that such information will prove to be accurate and actual results and future events could differ materially from those anticipated in such forward-looking information.

Important factors that could cause actual results to differ materially from Bluedrop's expectations include general global economic conditions. For additional information with respect to risk factors applicable to Bluedrop, reference should be made to Bluedrop's continuous disclosure materials filed from time to time with securities regulators, including, but not limited to, Bluedrop's Management's Discussion and Analysis of Results of Operations and Financial Condition For the Year Ended September 30, 2015. The forward-looking information contained in this release is made as of the date of this release and Bluedrop does not undertake to update publicly or revise the forward-looking information contained in this release, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

###

Contacts:
Shanelle Clowe
Public Relations/Communications
Bluedrop Performance Learning
Mobile: +1 709-699-2902
shanelleclowe@bluedrop.com

MOTR (MaRS on the Rock)

19 December 2016

Launching late January, MOTR (MaRS on the Rock) is the first program of its kind touching down in Newfoundland and Labrador! A partnership between MaRS Discovery District (Toronto, ON) and Genesis Centre, MOTR will help to create a culture of innovation in NL.

The program includes fourteen in person workshops with "MaRSian expertise" (EIR's touching down at Genesis). The courses will include collaborative training on business model design, financing, and entrepreneurial leadership. More information is available  HERE.

Unlike any other program in Atlantic Canada, MOTR is a collaborative approach to entrepreneurial leadership. The ideal MOTR cohort will include; 

  • Entrepreneurs
    • Accelerate your business development through a well-defined framework and readily available expertise. (MaRS and Genesis Entrepreneurs and Executives in Residence)
  • Leading Corporations
    • Evaluate and innovate while minimizing risk. MOTR will help validate new products, services, and processes through a well defined framework decreasing barriers to company wide adoption. 
  • Educators
    • For educators, learn best practices in entrepreneurship and kick start cultural change regarding entrepreneurship as a viable profession. 
  • Students
    • Supplement your education and put fire in your belly! Our experiential learning approach will supplement any current program and prepare students for a knowledge based economy. 
  • Government Agencies
    • Learn efficiencies by doing. Gain a first hand knowledge of principals and challenges faced by entrepreneurs. Adopt a "Lean Start-Up" mentality and "Design Thinking" in your sector. Think efficiencies and validation for effective public service.

The first MOTR cohort will launch January 2017. Space is extremely limited and applications close January 6, 2017. 

Click HERE for important dates and additional information.

http://www.genesiscentre.ca/motr

Enhanced broadband access coming to rural and remote communities across Canada

15 December 2016

http://news.gc.ca/web/article-en.do?nid=1170069

Minister Bains launches the Connect to Innovate program

December 15, 2016 - Wakefield, Quebec - Innovation, Science and Economic Development Canada

Access to broadband is essential for living, working and competing in a digital world. For Canadians in rural and northern regions in particular, access to high-speed Internet can unlock tremendous economic potential, leading to the creation of new jobs, products and businesses that will benefit Canadian middle-class families.

Today, the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, announced the launch of Connect to Innovate, a new program that aims to bring broadband Internet access to 300 rural and remote communities across Canada. The program will invest up to $500 million by 2021 to ensure that rural and remote communities across Canada are well positioned to take advantage of the opportunities afforded by the digital age.

Connect to Innovate will help address the digital divide by primarily supporting new high-capacity "backbone" networks, with a portion of funding being used to upgrade existing backbone networks and provide "last-mile" connections. Building this infrastructure will give rural and remote areas access to the digital economy; it is the modern equivalent of building roads or railway spurs. These networks will support the digital needs of Canadian institutions, businesses and households well into the future.

Connect to Innovate was developed after extensive consultations with stakeholders, Internet service providers and Canadians. The program is designed to meet the needs of those living in rural and remote areas by bringing Internet access to institutions like schools, hospitals and First Nation band offices.

Additional backbone capacity could be used to provide users with access to speeds well above 5 megabits per second. Communities using new backbone infrastructure will see a transformative change in the speeds and services they can access. With improved mobile services, Canadian families, businesses and community organizations in rural and remote areas will be able to participate in the digital economy and access life-changing online services such as tele-education and tele-medicine.

Quote

"Our government is committed to ensuring that all Canadians, businesses and institutions have access to the opportunities and tools they need to grow and succeed in Canada and abroad. By increasing access to high-speed Internet, the Connect to Innovate program enhances our rural and remote communities' ability to innovate, participate in the digital economy and create jobs for middle-class families. This investment will improve the daily lives of Canadians."

- The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development

Quick facts

  • Budget 2016 committed to providing up to $500 million by 2021 to extend and enhance broadband service in rural and remote communities.
  • The Connect to Innovate program aims to bring access to high-speed Internet to 300 communities across Canada.
  • The deadline for applications for project funding is March 13, 2017.

Related product

Associated link

Follow Minister Bains on social media.
Twitter: @MinisterISED

Contacts

Philip Proulx
Press Secretary
Office of the Minister of Innovation, Science and Economic Development
343-291-2500

Media Relations
Innovation, Science and Economic Development Canada
343-291-1777
ic.mediarelations-mediasrelations.ic@canada.ca

Province Launches Business Innovation Agenda Engagement Process

22 November 2016

http://www.releases.gov.nl.ca/releases/2016/btcrd/1122n04.aspx

Today, the Honourable Christopher Mitchelmore, Minister of Business, Tourism, Culture and Rural Development, launched the engagement process for the province's new Business Innovation Agenda.

"Innovation is a key factor in the province's future prosperity. A fundamental step in developing a new Business Innovation Agenda is ensuring we seek the advice of our innovation stakeholders. We are very pleased to launch the engagement process today and look forward to working with the business community and others as we forge ahead on the path to advancing innovation and technology in Newfoundland and Labrador."
- The Honourable Christopher Mitchelmore, Minister of Business, Tourism, Culture and Rural Development

The Provincial Government will be hosting a series of discussion tables across the province through the department's 17 field offices, including stakeholder engagement sessions planned for:

  • Gander - December 1
  • Clarenville - December 2
  • Labrador City - December 7
  • St. John's - December 8-9
  • Corner Brook - December 12

The province's development of a new Business Innovation Agenda will be guided by a Private Sector Advisory Committee made up of innovation leaders in their respective fields. Members represent both traditional and non-traditional industries located throughout the province, including start-ups and established businesses. A complete list of the committee's membership can be found in the backgrounder below.

"NATI is pleased to be part of the Public Sector Advisory Committee and is excited to see the province move forward with the development of the Business Innovation Agenda. Collaboration between the private and public sector is critical to strengthening our innovation culture and our ability to leverage technology to create new solutions and approaches that allow us to build a stronger and more diversified Newfoundland and Labrador."
- Kendra MacDonald, Vice-Chair, Newfoundland and Labrador Association of Technology Industries (NATI)

Aside from the scheduled sessions, the engagement process will offer a number of other ways for stakeholders to effectively participate. These include discussion tables, focus groups, an online presence and other mechanisms for dialogue on the kinds of tools, resources and investments required to expand the pool and capacity of the province's growth-oriented innovation-driven businesses. Industry, business and academic organizations are also encouraged to host their own sessions with their members or organizational colleagues.

For more information about the Business Innovation Agenda engagement process and details on hosting a session, visit: www.NLinnovationagenda.ca external

"The Solace Power team is excited by the Government of Newfoundland and Labrador's initiative to put a greater emphasis on growth and innovation in the province. The growing local startup community and the broader technology sector will certainly benefit from the increased support and awareness of innovation that is happening right here in Newfoundland and Labrador."
- Kris McNeil, President and CEO, Solace Power

This initiative is one of more than 50 included in The Way Forward: A Vision for Sustainability and Growth in Newfoundland and Labrador, available online at www.gov.nl.ca. The vision guides Provincial Government actions to achieve greater efficiency, strengthen the province's economic foundation, enhance services, and improve outcomes to promote a healthy and prosperous province.

QUICK FACTS

  • The Provincial Government launched the engagement process for the province's new Business Innovation Agenda today.
  • The province's development of a new Business Innovation Agenda will be guided by a Private Sector Advisory Committee made up of innovation leaders in their respective fields. Scheduled engagement sessions will be held in Gander, Clarenville, Labrador City, Corner Brook and St. John's.
  • This initiative is one of more than 50 included in The Way Forward: A Vision for Sustainability and Growth in Newfoundland and Labrador"
  • The new Business Innovation Agenda is expected to be released in spring 2017.

- 30 -

Media contacts:

Eric Humber
Media Relations Manager
Department of Business, Tourism, Culture
and Rural Development
709-729-4819, 725- 9655
erichumber@gov.nl.ca

Ron Taylor
CEO
NATI
709-757-3252
ron@nati.net

Kris McNeil
President and CEO
Solace Power
709-745-6099
kris.mcneil@solace.ca

 

BACKGROUNDER
Business Innovation Agenda Private Sector Advisory Committee Members
(Listed in Alphabetical Order)

Richard Allen
Vice President
Allen's Fisheries Limited

Adam Anderson
President, CEO
Resource Innovations Inc.

Moya Cahill
President & Co-founder
PanGeo Subsea Inc.

Brent Chaffey
Owner
New World Dairy Inc.

Neil Chaulk
Vice President of Business Development
Solace Power

Allan Cramm 
Vice President & General Manager of the Point Rousse Project, Baie Verte
Anaconda Mining

Catherine Courage
Vice President, Design (Ads and Commerce) 
Google

Mark Dobbin
President & Founder
Killick Capital Inc.

Fraser H. Edison 
President & CEO
Rutter Inc.

Kendra Macdonald
Partner
Deloitte

Leroy Metcalfe
Partner, President & Chief Financial Officer
Sikumiut Environmental Management Limited

Jason Muise
Managing Director
Technip Canada Limited (Canadian Subsidiary of the Technip Group)

Andy Turnbull
Chief Executive Officer
Nunacor Development Corporation

Dr. Tyler Wish 
Cofounder & CEO
Sequence Bio

Mandy Woodland
Partner at MooresWoodland
Co-Founder at Cætum

VMT PR: Prosafe Crew to Receive Emergency Evacuation Training using Newly Installed Lifeboat Simulator

14 September 2016

Scotland, United Kingdom - Virtual Marine Technology is pleased to announce the delivery of a second lifeboat simulator system to Prosafe. The simulator was custom built for training lifeboat coxswains onboard the Safe Zephyrus, one of Prosafe's newest accommodation rigs.  

The Safe Zephyrus was constructed at Jurong Shipyard Pte Ltd in Singapore.  The vessel complies with Norwegian regulations and is capable of operating in the harshest environments and with the highest standards of safety.  It can accommodate up to 450 people in single person cabins.

The installation of the lifeboat simulator took place in Scapa Flow, off the northeast coast of Scotland. "Our colleagues onboard the Safe Boreas have been using their freefall lifeboat simulator since May of 2015", says Mike Young, Vessel Manager of the Safe Zephyrus. "Feedback from the crew suggests the system is highly effective in training lifeboat coxswains for real emergency evacuations in extreme conditions and under significant stress. We are looking forward to having our Safe Zephyrus team trained in a similar fashion starting immediately".

In 2015, VMT custom-built and delivered a lifeboat simulator for Prosafe's Safe Boreas - one of 13 accommodation vessels in the Prosafe fleet. "Prosafe crew members who had completed conventional lifeboat training saw the benefits of the lifeboat simulator immediately", said Robert Rumbolt, Director of Operations at Virtual Marine Technology. "They felt the simulator exposed them to a level of training not possible using conventional lifeboat training methods.  The simulator has enhanced their confidence and abilities to effectively operate the Harding FF1200 lifeboats in an emergency situation".

The Safe Zephyrus is currently located at the Ivar Aasen platform offshore Norway.


About Prosafe

Prosafe is the world's leading owner and operator of semi-submersible accommodation/service rigs. The company operates globally, employs about 700 people and is headquartered in Larnaca, Cyprus. Prosafe is listed on the Oslo Stock Exchange with ticker code PRS.

About Virtual Marine Technology

Founded in 2004, Virtual Marine Technology is a simulation system provider specializing in maritime simulation systems. VMT develops high fidelity simulation systems to enhance and augment marine/maritime training for oil and gas operators, defence contractors and maritime training organizations. The company models and simulates small craft including lifeboats launched into extreme weather and sea conditions.

More information on Prosafe can be found on www.prosafe.com

For More Information on Virtual Marine Technology:
Alfred Whiffen
Telephone: +1-709- 738-6306, Extension 215
Email:  alfred.whiffen@vmtechnology.ca
Website: www.vmtechnology.ca

Click here to read the press release.

Agile Sensors and Solace Power Partner to Develop Next Generation eUAV Components

02 September 2016

http://www.agilesensors.com/boeing-partnership/

Newfoundland-based companies unlock new applications for eUAV manufacturers with auto hover/land and wireless recharge capabilities.

ST. JOHN'S, NL. September 2, 2016. Agile Sensor Technologies (Agile), a developer of intelligent robotics components such as FPGA multi-motor controllers, and Solace Power (Solace), a developer of leading edge wireless power technology, announced today they have received a contract from The Boeing Company to demonstrate integrated wireless charging and auto hover/land capabilities for electric unmanned aerial vehicles (eUAVs).

"We are thrilled to partner with Solace and Boeing on this project," said Holly Hill, COO at Agile. "The partnership between Solace and Agile has shown that Newfoundland-based companies can compete on the world stage to provide innovation and unique value to some of the largest organizations in the world."

"This is the 3rd investment in the development of Solace's wireless power technology by Boeing, and represents their continued support to see wireless power technology commercialized for use in eUAV charging applications," said Matt Kelly, Director of Business Development at Solace. "By integrating Solace and Agile's capabilities, our companies can provide manufacturers a solution that will truly eliminate human interaction from eUAV operations."

Agile has been able to push the timelines and launch of its product line as a result of this contract. The company continues to grow its St. John's office as it pushes the boundaries of robotics technology. To learn more about opportunities at Agile, visit their website at http://www.agilesensors.com.

About Agile
A Memorial University spin-out founded in 2014, Agile Sensor Technologies builds motor controllers using a proprietary System-on-a-Chip (SoC) design and algorithms that deliver a new way to intelligently control motors in commercial drones and industrial robots. Their solution is more power efficient than existing technology and can deliver real-time diagnostic data on the platform. Agile's mission is to make the world's smartest and most efficient motor controller.

About Solace
Solace's technology allows companies in the aerospace/defense, automotive, industrial and consumer electronics markets to eliminate the need for cables and connectors in many applications. Companies can take advantage of Solace's spatial freedom and flexible integration capabilities to reduce manufacturing/maintenance costs, decrease cabling weight, and improve overall application design for the next generation of products.

Communication Contacts:
Agile: Brendan O'Keefe +1 709 753 2907 brendan.okeefe@agilesensors.com
Solace: Rane Brennan +1 709 745 6099 rane.brennan@solace.ca


SubC Imaging listed in the top 100 leading subsea companies

11 August 2016

CLARENVILLE, NL - AUGUST 11, 2016- SubC Imaging has been selected by the Marine Technology Reporter to the MTR 100 ­ a list of the 100 most influential companies in the international marine technology marketplace. The selection recognizes SubC's international success and the rapid adoption of its technology in the Offshore Energy, Ocean Sciences and Aerospace and Defence markets.

Each year the magazine evaluates and ranks marine technology companies worldwide to create the MTR 100 list. In the July/August 2016 issue, SubC and other companies are profiled as the leading companies serving today's global marine technology industry.  The issue is available for viewing online at:

http://www.marinetechnologynews.com/magazine/issue/201607

Ron Collier, Vice President of Business Development at SubC commented, "We are very happy for SubC Imaging to be recognized in this manner by the Marine Technology Reporter which has the world's largest audited circulation covering the marine technology market. This validates SubC's strategy of developing innovative feature­rich products that cater to a broad range of clients with significantly diverse sets of requirements.

ABOUT SUBC IMAGING 

SubC Imaging is a private ocean technology company founded in 2010 focused on the development of advanced underwater optical imaging and media management systems. Its products are used around the world on ROVs, AUVs, towed systems, ocean observatories and drop camera systems for the purposes of conducting subsea surveys, inspections, exploration and ocean science research.

For further information visit www.subcimaging.com or contact:

Ron Collier, VP ­Business Development
(709) 864-­7805
rtc@subcimaging.com

Kraken Sonar Systems Named To Marine Technology Top 100

03 August 2016

ST. JOHN'S, NEWFOUNDLAND - AUGUST 3, 2016- Kraken Sonar Inc. (TSX-V: PNG) announced that its wholly-owned subsidiary, Kraken Sonar Systems Inc. has again been named by Marine Technology Reporter to the MTR 100 - a list of the 100 most influential companies in the international marine technology marketplace.

This is the fourth year in a row that Kraken has been selected for the list.

Marine Technology Reporteris the world's largest audited circulation magazine to cover the marine technology market. Each year the magazine evaluates and ranks marine technology companies worldwide to create the MTR 100 list.

In the July/August 2016 issue, Kraken and other companies are profiled as the leading companies serving today's global marine technology industry.  The issue is available for viewing online at:

http://www.marinetechnologynews.com/magazine/issue/201607

Karl Kenny, President and CEO of Kraken said, "It's a real honour to receive this type of recognition and we want to share it with our investors, our customers and all our supporters. This is further testament to Kraken's objective of becoming a leader in the Unmanned Maritime Systems industry. We're proud to receive such prestigious distinction and extend our appreciation to the editors and staff atMarine Technology Reporterfor this wonderful recognition."

ABOUT KRAKEN SONAR INC.

Kraken Sonar Inc. (TSX.V:PNG) is an industrial technology company, founded in 2012, that is dedicated to the production and sale of Synthetic Aperture Sonar, sensors and underwater robotics. The Company's products are sold to leading defence contractors, commercial survey companies and research institutions for producing real-time, ultra-high resolution imagery and bathymetry of the seabed. For more information, please visit www.krakensonar.com

Neither the TSX Venture Exchange Inc. nor its Regulation Services Provide (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact:

Sean Peasgood, Investor Relations
(416) 565-2805
sean@sophiccapital.com

Greg Reid, Chief Financial Officer
(416) 818-9822
greid@krakensonar.com

Glenda Leyte, Marketing Manager
(709) 757-5757, extension 288
gleyte@krakensonar.com

Sequence Bio Raises $3 Million US Series Seed Financing led by DCVC

03 August 2016

(August 3, 2016, St. John's, Newfoundland and Labrador) Canadian data-driven biotechnology company Sequence Bio announced the closing of a US $3 million series seed financing round led by Data Collective (DCVC), a leading venture capital firm based in Silicon Valley. DCVC was joined in the financing by existing investors Killick Capital, Venture NL and Klister Credit Corp.

Sequence Bio is building the world's most powerful big data resource for drug discovery through a 100,000 person genome sequencing project in the Newfoundland and Labrador genetic isolate founder population. This resource, when paired with cutting edge computational resources leveraging machine learning and artificial intelligence, will drive novel therapeutic discovery and development through a deeper understanding of causal human biology.

"Technology is disrupting the traditional drug-discovery paradigm, but these new technologies are starved for ground truth genomic and clinical data. At DCVC, we see Sequence Bio as a breakthrough source of both data and insight to improve global health by enabling faster, less-expensive delivery of more effective therapeutics," said Zachary Bogue, Co-Managing Partner at DCVC. "And while Newfoundland and Labrador is geographically far from Silicon Valley, this is a globally significant opportunity for drug discovery that we're excited to support." James Hardiman, partner at DCVC, will join the Board of Directors of Sequence Bio.

The eastern Canadian province of Newfoundland and Labrador is home to a unique, homogenous founder population of 500,000 people associated with the world's highest incidence of numerous rare mendelian conditions and complex diseases, and has an excellent electronic health record system. By partnering with the region's entire healthcare network and leading the 100,000 person genome project, Sequence Bio has created a one-of-a-kind opportunity to develop the world's richest, most compelling real-world data set that integrates a deep stack of multi-omics and longitudinal clinical information.

Sequence Bio's Co-founder and CEO Tyler Wish said from St. John's, Newfoundland and Labrador, "Building a company that can both impact drug discovery and patient care in a meaningful way is important to all of us at Sequence Bio. Our vision is better, safer drugs that deliver more healthcare value, and this investment will accelerate our already rapid growth.  With this unique network of talent, advisors and expertise in big data supporting us, we have never been better positioned for success in drug discovery and precision medicine."

"DCVC is one of the premier venture capital firms that invests in entrepreneurs building transformative companies powered by deep compute and big data, and its principals have supported people seeking to disrupt industries for over twenty years, helping create tens of billions of dollars of wealth," said Sequence Bio Co-founder and COO Chris Gardner. "We look forward to the new relationship with DCVC and we are proud to have earned the continued confidence of our existing investors. We believe this is the first investment by a Silicon Valley venture capital fund into Atlantic Canada."

about sequence bio

Sequence Bio is a data-driven biotechnology company in Newfoundland and Labrador, Canada leading a 100,000 person genome project. This project will transform drug discovery and enable better healthcare outcomes through the use of well-characterized patient data integrated with multi 'omics information. Sequence Bio is committed to working with participants, collaborators and partners to enable innovation that enhances the lives of patients, families and communities in Newfoundland and Labrador and around the world. Please visit www.SequenceBio.co for additional corporate, investor and participant information.                                                                  

about data collective

Data Collective (DCVC) is a venture capital fund headquartered in Palo Alto, California that invests in entrepreneurs applying deep compute, big data and IT infrastructure technologies to transform giant industries. DCVC and its principals have backed brilliant people changing global-scale businesses for over twenty years, helping create tens of billions of dollars of wealth for these entrepreneurs while also making the world a markedly better place.  DCVC brings to bear a unique model that unites a team of experienced venture capitalists with more than 50 technology executives and experts (CTOs, CIOs, Chief Scientists, Principal Engineers, Professors at Stanford, Berkeley, and major technical universities) with significant tenures at top 100 technology companies and research institutions worldwide. DCVC focuses on Seed and Series A companies, and growth stage opportunities within its own portfolio.

about venture nl

Venture Newfoundland and Labrador LP is a private venture capital fund created by Pelorus, the Province of Newfoundland and Labrador, BDC Capital Inc. and angel investors. The goal of the Fund is to invest in and partner with entrepreneurs with innovative technologies, to help commercialize their product and services and grow their companies while providing venture returns for the investors.

media contact

Karen Moores
VP Public Affairs & Communications
karen@sequencebio.co
709.697.0734

Virtual Marine Technology (VMT) Integrated Navigation System Simulation Provider to OFSV

28 June 2016

Click here to see the Press Release on VMT's website

St. John's, NL - Raytheon Anschütz, a leading provider of Integrated Navigation Systems (INS), has selected Virtual Marine Technology (VMT) as its provider of INS simulation systems for the Canadian Offshore Fisheries Science Vessel (OFSV) program. The announcement was made at CANSEC 2016, in Ottawa.

As part of the OFSV program, three new vessels are being built for the Canadian Coast Guard (CCG) at Seaspan's Vancouver shipyards. The 63-metre vessels are designed to operate in the Atlantic, Arctic and Pacific Oceans.  Under the agreement, Raytheon Anschütz will provide a Canadian version of it's Synapsis Intelligent Bridge Control system and Synapsis Integrated Navigation System. VMT's "embedded" simulation system will be used to stimulate the INS systems for integration and factory acceptance testing, prior to deployment onboard the vessels.

The embedded simulator excites a bridge radar, ECDIS and Conning functions using a real-time, virtual environments to simulate vessel motions, target vessels, and geographic areas. VMT's simulator can stimulate both digital and analog radar and can also provide CCTV controls. The simulator is equipped with a DIS and HLA interface to allow for integration with other simulation environments.

The embedded bridge simulator can also be used for onboard training - allowing equipment familiarization using shipboard navigation and bridge equipment while in port or alongside.  

In addition to the OFSV project, VMT has supported coast guard and naval installations in Canada, Germany and the United Kingdom for major defence contractors. VMT is a proven Small and Medium Enterprise (SME) provider to large scale defence contracts in Canada and globally.

Kraken Sonar and Square Robot Sign Strategic Partnership Agreement

10 June 2016

Strategic Partnership Will Design, Develop and Supply Innovative Sensors and Robotic Systems for the Global Oil & Gas Industry

ST. JOHN'S, NEWFOUNDLAND-(Marketwired - June 10, 2016)- Kraken Sonar Inc. (TSX-V: PNG) is pleased to announce that its wholly-owned subsidiary, Kraken Sonar Systems Inc. has signed a strategic partnership agreement with Square Robot, Inc. for the design, manufacture and support of advanced sensors and robotic systems for confined area inspection applications used by the worldwide oil and gas industry.

Headquartered in Boston, Massachusetts, Square Robot, Inc. is a privately-held robotics company recently formed by Eric Levitt, Dr. Jerome Vaganay and William O'Halloran, former Bluefin Robotics Corporation executives. Square Robot is building a service-based business for confined area inspection applications. Working in conjunction with Square Robot, Kraken will co-develop a series of innovative robotic devices that will use advanced acoustic, optical and laser sensors to conduct remote inspection of confined area assets used by the global oil and gas industry.

William O'Halloran, Square Robot founder said, "Robots are transforming many industries. Square Robot and Kraken bring together technological capabilities, intellectual property and expertise to create an innovative robotic platform capable of significantly improving confined area inspection applications."

Karl Kenny, Kraken's President and CEO said, "We are delighted to be teaming up with Square Robot, whose founders have proven capability and expertise in industrial robotics. Both companies believe that small, agile robotic inspection systems will bring about considerable improvements for assessing the condition of key oil and gas assets. Integrating advanced sensors onboard these robots increases the precision of measurement and the quality of the resulting data."

PARTNERSHIP DETAILS

Under the terms of the strategic partnering agreement with Square Robot, Kraken expects to be awarded an initial contract for sensors, software and systems development within 60 days and will also become a minority shareholder in Square Robot. Longer term, Kraken will be the exclusive manufacturing and product support partner to Square Robot and expects to work with Square Robot on the development of additional robotic systems for other inspection applications. 

Kraken plans to utilize intellectual property from its KATFISH platform as well as the underwater robotics technology it acquired from Marine Robotics Inc. including the SQX-500 vehicle. The SQX-500 is a hydro-dynamically stable platform designed for hovering operations. Robust hovering capability is a critical design requirement for inspection of many confined areas.

THE OPPORTUNITY FOR INSPECTION ROBOTS IN THE OIL & GAS INDUSTRY

Increased demand for automation is a key driver of the global industrial robotics market. Many dull, dangerous or dirty tasks can be accomplished using industrial robots. The major trends in the global robotics market include advancements in micro-navigation systems, machine learning and component miniaturization; omnipresence of the Internet; and the rise of handheld devices like laptops, smartphones and tablets.

Inspection robots play an important part in the oil and gas industry by undertaking the invaluable role of inspection, monitoring, and surveillance of complex structures. The use of these robots reduce human intervention, increase operational efficiency and enhance safety while reducing cost.

ABOUT SQUARE ROBOT, INC.

Based in Boston, Massachusetts, Square Robot, Inc. is a privately-held company founded in 2016 to provide innovative robotics solutions to the worldwide petrochemical industry. Square Robot's objectives are to enhance the value chain for confined space inspection with autonomous robotic systems that increase safety and minimize human risk. Additional benefits include reduced operational downtime and operating costs. For more information, please visit www.squarerobots.com

ABOUT KRAKEN SONAR INC.

Kraken Sonar Inc. (TSX.V:PNG) is an industrial technology company, founded in 2012, that is dedicated to the production and sale of Synthetic Aperture Sonar, sensors and underwater robotics. The Company's products are sold to leading defence contractors, commercial survey companies and research institutions for acquiring real-time, ultra-high resolution seabed data. For more information, please visit www.krakensonar.com. 

Neither the TSX Venture Exchange Inc. nor its Regulation Services Provide (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

For further information, please contact:

Sean Peasgood, Investor Relations
(416) 565-2805
sean@sophiccapital.com

Greg Reid, Chief Financial Officer
(416) 818-9822
greid@krakensonar.com

Glenda Leyte, Marketing Manager
(709) 757-5757 extension 288
gleyte@krakensonar.com

William O'Halloran, Founder
(617) 466-9607
will@squarerobots.com

 # # #

NEIA Opens Call for Abstracts for its 2016 Newleef Conference

02 June 2016

ST. JOHN'S, NL - The Newfoundland and Labrador Environmental Industry Association (NEIA) is calling for expressions of interest for presenters at its 2016 Newleef conference.

Newleef is Newfoundland & Labrador's green economy conference, focusing on the products, services, technologies, policies, and innovations in the province that can help build our economy and protect, mitigate effects to, or even enhance the natural environment in the process. This year it is taking place on October 12-13, 2016 in St. John's, NL.

"The green economy and the clean technology and services which drive it represent a significant path for economic diversification and growth for Newfoundland and Labrador," says Ted Lomond, Executive Director of NEIA. "This is a particularly exciting year for industry given the priority focus the Federal government is giving the environment and the support of the products and processes which protect it."

Since its inception in 2012, Newleef has grown from a one day single-room event into a two-day conference attracting hundreds and featuring multiple streams of presentations, panel discussions, professional development segments, and more. It has become the premier event in Newfoundland and Labrador for business-owners, entrepreneurs, environmental professionals, academics, decision-makers, and public servants to converge and discuss green economic growth ideas, opportunities, and issues across many of the province's sectors - from mining, to forestry, to oil and gas, to the fishery, to energy, and beyond.

Lomond says that the environmental sector is broad and touches on many of Newfoundland and Labrador's primary industries - and the call for abstracts for the conference reflects that. "Newleef explores business opportunities; presents the latest local research; aims to foster sector innovation; navigates environmental issues with a focus on solutions; highlights the products, services, and activities of organizations operating in the province; and builds sector capacity through the delivery of professional development seminars."

The call for abstracts for Newleef is a competitive process, says Lomond. "Though we would like to accommodate all of the abstracts we receive, we must make determinations based on the relevance of the submission the conference themes which emerge and the significance of the content to the audience."

The following themes have been identified as areas of interest for Newleef 2016:

  • Coastal, Ocean, and Arctic
  • Renewable Energy Clean Technology (Products or Services that Increase Efficiency or Decrease Waste)
  • New and Emerging Green Opportunities related to Resource Industries:
    • Oil and Gas
    • Forestry
    • Fisheries
    • Aquaculture
    • Mining and Mineral Exploration
    • Agriculture and Food
  • Waste Management Innovation
  • Green Economic Development Strategy and Policy
  • Climate Change Adaptation, Mitigation, and Risk Management
  • Infrastructure, Construction, and Planning

More information on the call for abstracts can be found on the Newleef website at www.newleef.ca.

NEIA is a not-for-profit association of businesses that promotes the growth and development of the green economy in Newfoundland and Labrador. More information can be found at http://www.neia.org.

KPMG LLP Named First Of ‘Big Four’ For MEDITECH 6.x READY Certification

24 May 2016

https://home.kpmg.com/us/en/home/media/press-releases/2016/05/kpmg-llp-named-first-of-big-four-for-meditech-6x-ready-certification.html

READY Certification Enables KPMG to Provide an Array of 6.X Services to Clients

MEDITECH, a leading provider of electronic health records (EHRs), has certified KPMG LLP for MEDITECH 6.x READY Implementations. This certification further enhances the U.S. tax, audit, and advisory firm's capabilities to serve the healthcare industry's technological needs to improve the efficiency and quality of delivering healthcare.

"KPMG's investments in the healthcare & life sciences sector have opened an array of possibilities to help clients improve their performance in a very complex regulatory, economic, and technological environment," said Liam Walsh, U.S. advisory leader for Healthcare & Life Sciences. "We are pleased that MEDITECH recognized us as the first of the big four firms to receive this READY certification."

MEDITECH has developed a "READY" implementation plan for EHR users to transform healthcare delivery across the full continuum of care, improve coordination, and drive clinical productivity. The READY certification of KPMG enables the firm to help providers with the planning and upgrade to the MEDITECH 6.x platform, as well as assisting with optimizing workflows and physician training. Providers using MEDITECH 6.x gain access to sophisticated content to help practice evidence-based medicine.

KPMG has developed a portfolio of services to help healthcare providers with a variety of needs - strategic, financial and technological. The firm's approach to healthcare IT focuses on five key areas:

• Optimizing EHRs, enabling shared services and streamlining IT and business processes
• Introducing cloud, digital and mobile technologies to improve patient and organizational engagement
• Providing data & analytics services to improve quality and efficiency of care
• Cyber security, information protection and internal controls
• Supporting business change through improved care coordination, mergers & acquisitions, and changing reimbursement models in healthcare.

About MEDITECH

MEDITECH's applications unify clinical, administrative, and financial information across healthcare organizations--including acute care, long-term care, home health care, and physician practices. Today, more than 2,300 institutions worldwide use MEDITECH's information systems. For additional information, visit www.meditech.com.

About KPMG LLP

KPMG LLP, the audit, tax and advisory firm (www.kpmg.com/us), is the U.S. member firm of KPMG International Cooperative ("KPMG International"). KPMG International's member firms have 174,000 professionals, including more than 9,000 partners, in 155 countries.

Contact:

Bill Borden
KPMG LLP
201-505-6351 
wborden@kpmg.com

New Imperva Camouflage Data Masking Reduces Risk of Sensitive Data Theft and Non-Compliance for Global Enterprises

17 May 2016

Technology Alliance with Camouflage Software Adds New Product to the Imperva Security Portfolio

REDWOOD SHORES, Calif., May 17, 2016 (GLOBE NEWSWIRE) -- Imperva, Inc. (NYSE:IMPV), committed to protecting business-critical data and applications in the cloud and on-premises, today unveiled Imperva Camouflage Data Masking, a new offering that enables enterprises to replace sensitive data, such as personally identifiable information, embedded in business processes with realistic fictional data. This reduces overall exposure to cyber threats by minimizing the number of places actual sensitive data is stored. It also enables enterprises to cost effectively comply with regulations, such as the Payment Card Industry Data Security Standards and Health Insurance Portability and Accountability Act, which require certain sensitive data be available only on a need-to-know basis.

Imperva Camouflage was borne out of an agreement with Camouflage Software Inc., an industry-recognized pioneer in the field of sensitive data masking. As a result of this technology alliance, Imperva sells and supports Imperva Camouflage. This new offering is now available as part of the Imperva security portfolio which provides organizations with security and compliance capabilities across structured, semi-structured and unstructured data in the cloud and on-premises.

"We've joined forces with Imperva because we share an understanding of enterprise customers' pain points securing sensitive data," said Kevin Duggan, President and Chief Executive Officer at Camouflage. "User access to mission-critical data and the protection of that data doesn't have to be at odds. With Imperva Camouflage, organizations are now empowered with controlled, masked, realistic data that allows them to do their jobs without the risk of compromising security."

With Imperva Camouflage, organizations can:

  • Discover and document sensitive data and data relationships across the enterprise.
  • Replace sensitive data, such as personally identifiable information that resides within test and development, data warehouses and analytical data stores, with realistic fictional data.
  • Use fictional data that maintains business and technical integrity and is statistically accurate, enabling testing, analysis and business processes to operate normally.
  • Facilitate data transport for offshore teams or outsourcing systems, while ensuring compliance with international data privacy regulations.

"Data masking has become a strategic element in an integrated security infrastructure and should be part of an organization's data security governance shortlist," said Ayelet Steinitz, Vice President of Business Development at Imperva. The Gartner Magic Quadrant for Data Masking Technology categorizes Data Masking as "one aspect of a broader data security governance strategy that may include other technologies, such as database audit and protection (DAP)."1 Steinitz added that, "Imperva Camouflage enables global organizations to effectively safeguard their sensitive data, while meeting stringent compliance regulations."

For more information on Imperva Camouflage, please visit here.

Gartner Magic Quadrant for Data Masking Technologies, Worldwide, Ayal Tirosh, Marc-Antoine Meunier, 22 December, 2015.

About Imperva

Imperva® (NYSE:IMPV) is a leading provider of cyber security solutions that protect business-critical data and applications. The company's SecureSphereCounterBreach,Incapsula and Skyfence product lines enable organizations to discover assets and risks, protect information wherever it lives - in the cloud and on-premises - and comply with regulations. The Imperva Defense Center, a research team comprised of some of the world's leading experts in data and application security, continually enhances Impervaproducts with up-to-the-minute threat intelligence, and publishes reports that provide insight and guidance on the latest threats and how to mitigate them. Imperva is headquartered in Redwood Shores, California. Learn more: www.imperva.com, our blog, on Twitter.

© 2016 Imperva, Inc. All rights reserved. Imperva, the Imperva logo, SecureSphere, CounterBreach, Incapsula and Skyfence are trademarks of Imperva, Inc. and its subsidiaries.

EDITORIAL CONTACT:
Eskenzi PR
imperva@eskenzipr.com

 

Primary Logo

Imperva Inc.

GRI and Underwater Group Joint Venture

16 May 2016

http://www.grisim.com/979-2/

GRi Simulations Inc. of Mount Pearl, Newfoundland and Labrador, Canada, is pleased to announce its partnership with Underwater Group of Brazil. The agreement was signed May 3, 2016 at the Ocean Technology Conference in Houston, Texas.

Underwater Group is based in Niterói, Rio de Janeiro, Brazil, and offers training and services in the Brazilian and international subsea markets. Underwater Group's services include project management, engineering, equipment and offshore operations. GRi's suite of simulation products are currently employed globally to contribute to enhanced efficiency, safety, and security of subsea assets and operations.

Underwater Group's services include project management, engineering, equipment and offshore operations. The company strives to work closely with partners to generate new technologies throughout the project life cycle. Specializations include offshore project management, pull-in and pull-out of flexible risers, dive support and remote intervention services (ROV), including operations involving platforms, pipelines, inspection, repair and maintenance of underwater structures in shallow and deep waters.

Underwater Group consists of three companies that are able to offer a diverse spectrum of applications. The following services are offered: ROV Training & Simulations, ROV Personnel, hydrographic services and IRM (Inspection, Repair and Maintenance) and the newest segment: Transport and Logistics.

In addition to these services, Underwater Group operates an Underwater Training Centre. This training centre focuses on ROV piloting skills and has six available courses.

GRi Simulations and Underwater Group are partnering in order to realize their combined potential in the oil and gas market of Brazil and other South American countries. GRi has been seeking an opportunity to enter the Brazilian and South American markets for some time, and in Underwater Group, GRi has found a strong partner who is poised to sell simulation products and training services to oil and gas companies in the region. Underwater Group will assist GRi in marketing, installation and servicing GRi's products in Brazil due to its strong grasp of both the local market and the prevalent opportunities for high-fidelity simulation. In particular, real-time simulation will be a cornerstone of the partnership which will allow the quality of GRi's product and the market standing of Underwater Group to flourish in this previously unexplored market sector.  Mission Planning and Rehearsal demands are also expected to be a major focus of the partnership. Underwater Group's presence in the Brazilian market will eliminate the existing challenges of logistics and communication, providing personal demonstration, promotion and support of GRi products.

Under the five year agreement, Underwater Group will be providing technical sales and support along with utilizing GRi's VROV simulators systems and Interactive Design and Engineering Analysis Field Development Kit (IDEA FDK) software in the delivery of ROV Pilot Technician training and certification, offshore field design software, and mission planning and rehearsal content.

GRi wishes to acknowledge the substantial and sustained professional effort and contributions of the Newfoundland & Labrador Department of Business, Tourism, Culture and Rural Development (BTCRD), Consul General Sanjeev Chowdhury and his staff, the Atlantic Canada Opportunities Agency (ACOA) and the Newfoundland and Labrador Association of Technology Industries (NATI) in making this partnership possible.

SubC Imaging Celebrates Six Years of the Harshest Conditions. Clearest Images.

02 May 2016

To celebrate 6 years of innovation, SubC has dubbed a new slogan, to accurately portray their goals.

Harshest Conditions. Clearest Images.

SubC creates imaging equipment to work in remote harsh environments and deliver reliable performance with crisp, detailed results.

Click here to learn more.

Deloitte's Tech Trends 2016: Innovating in the Digital Era

08 April 2016

Deloitte's seventh annual Tech Trends report identifies eight trends that are likely to disrupt businesses in the next 18-24 months - from blockchain to augmented reality, the Internet of Things, socially responsible applications of technology and more.

Explore these trends by clicking here.

Invitation to Participate - CNA Work Term I/Work Term III – Programmer Analyst (Business) Co-op

21 March 2016

Co-operative Education students enrolled in College of the North Atlantic's School of Business and Information Technologyare currently seeking 12 to 16 week winter work terms beginning inMay 2016. CNA Work Term I and Work Term III Programmer Analyst (Business) students bring work experience, education and technical skills to our co-op employer partners' workplace.  Please consider the benefits of hiring Programmer Analyst (Business) Co-op students.

You can find out more about CNA's co-op programs and curriculum at www.cna.nl.ca.  They look forward to facilitating your recruitment, and thank you for your support of co-operative education.

 

1st Year Programmer Analyst (Coop)

These students will have completed two academic semesters by the end of April and will embark on the first of three paid placements beginning in May.  Start dates for the students are flexible.

3rd Year Programmer Analyst (Coop)

This group will have completed five academic semesters and two work terms by the end of April.  The students will complete their third and final paid placement beginning in May.  Once again, start dates are flexible.

Skill Sets

The program's main emphasis is on the design and development of a variety of business-oriented applications using the most recent versions of widely used computer programming languages and current programming techniques. Emphasis is on database design and programming, the traditional and object-oriented system development life cycles, and web application development. As well, learning strategies, ethics, industry and work place best practices, team building, communications and interpersonal skills are developed throughout the program via coursework and participation on project teams.

We have a group of highly motivated students who wish to combine their post-secondary studies with practical experience in their chosen fields.

 

Cooperative Education at CNA

Since 1991, the College of the North Atlantic has been providing cooperative education opportunities to students enrolled in Engineering, Information Technology and Natural Resources Programs.  For additional information we encourage prospective employers to visit our website and see the benefits of hiring a cooperative education students:  http://www.cna.nl.ca/programs-courses/Co-Operative-Education.aspx

 

 For more information, or if you have any questions, please contact:

 

Co-op Staff

 

 

Contact Information

Dave Kenny

Co-operative Education Coordinator

Prince Philip Drive

 

  • Tel:  (709) 758 7247/ Fax:  (709) 758 7299

       david.kenny@cna.nl.ca

 

Mary Farrell

Administrative Support

Co-operative Education

 

 

  • Tel:  (709) 758 7112/ Fax:  (709) 758 7299

       mary.farrell@cna.nl.ca

Tech startup with Memorial roots announces Chinese partnership

04 March 2016

BY JEFF GREEN

A local startup company with strong ties to Memorial University has found a significant investor to help bring its homegrown technology to the world market.

Agile Sensor Technologies Inc. has announced a strategic partnership with Gaitech International Limited of Shanghai, China.

Agile is currently a client of the Genesis Centre, Memorial's business incubator for technology-based ventures with high-growth potential. The company develops robotics technologies for the industrial automation and aerospace and defence markets. The partnership with Gaitech includes a strategic investment in Agile and an agreement to co-develop new products for distribution in the global robotics market.

"We're very excited about this new partnership," said Brian Terry, president and CEO, Agile. "Gaitech's investment enables us to accelerate growth and launch our technology into international markets. Our collaboration with Gaitech on product development will result not only in new products, but also in rapid knowledge transfer for our team."

Company formed in 2014

As envisioned in the original Atlantic Canada Opportunities Agency's (ACOA) Atlantic Innovation Fund (AIF) project, the company's roots date back to late 2014 when it was formed to commercialize technologies resulting from the AIF project in the Faculty of Engineering and Applied Science. In addition to support from ACOA, the R&D was initiated as a result of a grant from The Boeing Company and was co-funded by the Research & Development Corporation and the provincial Department of Business, Tourism, Culture and Rural Development. Memorial holds a small equity interest in Agile and works closely with the company to help facilitate its success.

Agile and Gaitech have already started plans for their first joint project, to produce a plug-and-play development platform for robot makers, which will allow companies to simplify robot development and change the way they design and manufacture products.

"We plan to invest locally and expand our sales and engineering teams, with the goal of accelerating sales of our motor control system and launching our flight stabilization system, smart camera and patented sensor aiming devices," said Mr. Terry. "These products will change the way companies develop their robots to include our highly reliable, fast and dynamic components."

Global growth

"This is a strategic investment for us," said Jenssen Chang, CEO, Gaitech. "We believe that the combination of Agile's state-of-the-art FPGA (field-programmable gate array) technologies with our expertise in ROS (robot operating system) will result in several exciting new products for the high-growth global robotics market."

Dr. Richard Marceau, vice-president (research), and member of the Genesis Centre's board of directors, congratulated Agile for securing the international partnership with Gaitech.

"Through our new Technology Transfer and Commercialization Strategy, Memorial is contributing to the diversification and strength of the provincial economy, injecting new opportunities to meet the business needs of tomorrow around the world," said Dr. Marceau. "Agile is a strong example of how Memorial is helping local companies get technology into the international marketplace. I offer the company my very best wishes in taking its technologies to market."

About Agile
Agile Sensor Technologies Inc. produces components for the robotics market, which includes drones and other types of unmanned vehicles. The company was founded in 2014 to develop robotics-focused technologies and to commercialize technologies developed during a multi-year project carried out at Memorial University of Newfoundland. The company introduced its first product - a motor control system for drones - in December 2015 and plans to achieve sales of its drone flight stabilization system, "smart" camera and patented sensor aiming devices in 2016.

About Gaitech
Gaitech International Ltd. is an innovative robotics solution provider based in Hong Kong, Seoul, Taipei and Shanghai. Gaitech is integrating, distributing, manufacturing and supporting a wide range of cutting-edge robotics products based on ROS and has partnered globally with Shadow, Rethink Robotics, Fetch Robotics, Kinova, Robotnik, Clearpath, Stanley Innovation and other key companies in this field. Being the licensed manufacturer of ROS Educational Kit, Gaitech is active in the promotion and education of ROS in Asia.

Sikorsky Recognizes Solace as Top Cutting Edge Technology Company

01 March 2016

http://www.solace.ca/sikorsky-announcement

Wireless Power Company Wins 6th Annual Sikorsky Entrepreneurial Challenge

St. John's, NL.  March 1st, 2016.  Solace Power, developer of leading edge wireless power technology announces that it has been recognized as a top innovative technology company by Sikorsky Innovations, a Lockheed Martin Company. As the winner of the Sikorsky Entrepreneurship Challenge, Solace Power has been awarded a monetary prize, and the opportunity to jointly explore the impact of RC² technology on Sikorsky's product line.

"The Sikorsky Entrepreneurial Challenge was a fantastic opportunity for Solace Power to showcase its unique wireless power technology, and earn validation from one of the world's most innovative companies." said Neil Chaulk, Vice President of Business Development. "We are looking forward to working with Sikorsky to develop leading edge technology in the aerospace and defense market."

Solace's technology allows companies in the aerospace/defense, automotive, industrial and consumer electronics markets to eliminate the need for cables and connectors in many applications. Companies can take advantage of Solace's spatial freedom and flexible integration capabilities to reduce manufacturing/maintenance costs, reduce cabling weight, and improve overall application design for the next generation of products.

"The Entrepreneurial Challenge, from an industry perspective, is truly a one-of-kind gateway, where disruptive ideas can quickly gain exposure and a customer base within one of the most exciting transportation verticals globally," said Chris Van Buiten, Vice President of Sikorsky Innovations. "We look forward to exploring the applications of the exciting Solace Power technology."

The Sikorsky Entrepreneurial Challenge has been designed to accelerate innovators and disruptive technology concepts with applications in the vertical flight market.

Kraken to Supply Sonar System to Major Israeli Defence Contractor

26 February 2016

Kraken Active Towed Fish (KATFISH) Can Be Deployed for Hunting Naval Mines and Underwater Improvised Explosive Devices

ST. JOHN'S, NL--(Marketwired - February 23, 2016) -  Kraken Sonar Inc. ("Kraken") (TSX VENTURE: PNG) announced today that its wholly-owned subsidiary, Kraken Sonar Systems Inc. will supply its KATFISH towed sonar system to Elbit Systems Ltd., a major international defence contractor based in Israel.

This past week Elbit unveiled a state-of-the-art Unmanned Surface Vehicle (USV) named "Seagull". The Seagull USV is a multi-mission platform boasting high autonomy levels and modular features, allowing it to be rapidly reconfigured for a wide array of missions -- including anti-submarine warfare and mine countermeasures.

"Elbit's Seagull USV is one of the most advanced ocean drones in the world -- one that will save lives," said Karl Kenny, President of Kraken Sonar. "When our Synthetic Aperture Sonar is integrated on Elbit's Seagull USV, the system can provide remotely operated, unmanned, end-to-end mine hunting operations. These ocean drones can detect very small objects hidden on the seabed and enter confined spaces where underwater explosives are likely to be hidden. Since robotic systems can be remotely operated their use can remove people from very dangerous missions -- in essence, taking the sailor out of the minefield."

The Seagull is a 40-foot autonomous launch that can be fitted with mission modules for Anti-Submarine Warfare (ASW), Mine Counter Measures (MCM) and force protection / patrol, including a stabilized, remotely operated .50-caliber machine gun and wire-guided torpedoes for stand-off destruction of naval mines and underwater Improvised Explosive Devices.

The new maritime warfare system is the latest product to emerge from Elbit Systems Inc. The company has considerable experience in unmanned surface vessel systems, including the 30-foot Silver Marlin and the 10-foot Stingray USV platforms, plus a 30-year track record with unmanned aerial vehicles.

Elbit's Seagull system supports online operation in known and unknown areas, conducting area survey, search, detection, classification, identification, neutralization and verification. It also equipped to launch and recover other underwater robotic sensors to identify and neutralize mines. Seagull can be operated via a remotely controlled Mission Control System from the shore or from other naval assets at sea, performing missions lasting more than 96 hours (four days) at a time. Inherent networking capability supports enhanced situation awareness.

The highly autonomous and safe sailing suite includes a patented navigation system, with obstacle avoidance, which considers the international regulations for preventing collisions at sea.

Underwater Threats

The underwater defence market is evolving rapidly; responding to changing threats, tensions in the Middle East and Asia, economic and budgetary pressures and a growing trend by emerging navies to deploy asymmetrical weapons. As an example, today's diesel-electric submarines are quickly becoming one of the biggest threats to naval operations and the $2 trillion commercial shipping industry.

Compounding the threat from stealthy submarines are the hazards posed to worldwide shipping from naval mines and underwater Improvised Explosive Devices (IEDs). A naval mine is a self-contained explosive device placed in water to damage or destroy ships or submarines. A contact mine requires a ship to come into contact to detonate. An influence mine requires a ship to change the localized magnetic, acoustic or pressure influences to detonate.

Like roadside bombs on land, naval mines are a cheap way to undercut naval might. Since World War II, mines have sunk or crippled 15 US Navy ships, more than all other weapons put together. Two influence mines crippled the $1 billion USS Princeton, a US Navy guided missile cruiser, in the first Gulf War 25 years ago.

There are an estimated 80,000 mines in the Baltic that were left over from the two World Wars. Some are still live. Although their fuses are not active, the explosive material is still there. If something happens to touch them, they can explode. As recently as 2005, one such mine killed three Dutch fishermen -- a murderous reminder of how deadly mines can be, and for how long.

There is one big difference from World War II -- the modern naval mine threat is much more sophisticated. Today, stealthy mines made of composite materials in sonar-deflecting shapes lurk amidst the clutter of the sea floor. There are buried mines covered by layers of sand, mud and silt. There are "rising mines" that wait in deep water for a ship to pass overhead, then ascend until they're within range to fire a torpedo. There are reports that China is working on an anti-aircraft mine that can detect a low-flying helicopter and launch a missile at it. Iran is reported to own over 6,000 naval mines, North Korea has 50,000, China 100,000 or so and Russia is estimated to own over 250,000. There could be well over 500,000 naval mines in worldwide military inventories.

For over a century, clearing mines has been a brutal, crude and close-up business. For over twenty years, leading navies have been increasingly investing in technologies to "keep the sailor out of the minefield" by deploying unmanned systems, both underwater and on the surface.

Countering the Underwater Threat

Kraken's KATFISH is an actively controlled, intelligent towfish platform used to generate real-time ultra-high resolution seabed imagery and maps for a variety of military and commercial applications. Kraken's products are primarily targeted to the rapidly growing Unmanned Maritime Systems drone market which is primarily comprised of Unmanned Underwater Vehicles (UUVs) and Unmanned Surface Vehicles (USVs). 

Until recently, conventional side scan sonars have been the leading technology for detailed mapping and imaging of the seafloor. However, Kraken's revolutionary sonar technology called Miniature Interferometric Synthetic Aperture Sonar (MINSAS) is now commercially available and is especially well-suited for military mine hunting missions. MINSAS delivers ultra-high seabed image resolution (3 cm), simultaneously co-registered 3D bathymetry and superior area coverage rates. The ability to generate centimetre-scale sonar resolution in all three dimensions has the potential to provide significant improvements in the detection, classification and identification of small seabed objects such as underwater mines and IEDs.

From a platform perspective, towed sonar systems have the benefit of acquiring sonar data to operators at high speed and in real-time. This is a critical feature for mine-hunting operations to enable the earliest possible identification and classification of underwater threats. Onboard processing enables real-time analysis of sonar data, significantly reducing post mission analysis time.

Actively controlled towfish provide a superior platform for seabed survey, particularly when using Synthetic Aperture Sonar. An actively controlled towfish can compensate for input disturbances, greatly improving the towed platform stability and the overall image quality. In addition, intelligently controlled active towfish can control their depth and altitude using intelligent bottom following and bottom avoidance routines.

Placing a survey sensor -- such as Kraken's Miniature Synthetic Aperture Sonar -- closer to the seafloor will result in the acquisition of much higher resolution data. When the sensor is integrated to a high speed, intelligently stabilized towed platform such as KATFISH, better quality data is acquired at a faster rate, thus improving efficiency and lowering both operational and data acquisition costs. KATFISH provides the highest resolution seabed pixels at the lowest cost compared to any other competing survey sonar platform.

ABOUT KRAKEN SONAR INC.

Kraken Sonar Inc. (TSX VENTURE: PNG) is an industrial technology company, founded in 2012, that is dedicated to the production and sale of software-centric Synthetic Aperture Sonar (SAS) acoustic sensors and underwater systems. The Company's products are sold to leading defence contractors, commercial survey companies and research institutions for producing real-time, ultra-high resolution imagery and bathymetry of the seabed. For more information, please visit www.krakensonar.com

Neither the TSX Venture Exchange Inc. nor its Regulation Services Provide (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

Contact Information
For more information, please contact: 

Sean Peasgood
Investor Relations
(416) 565-2805
sean@sophiccapital.com

Greg Reid
Chief Financial Officer
(416) 818-9822
greid@krakensonar.com

Glenda Leyte
Marketing Manager
(709) 757-5757 extension 288
gleyte@krakensonar.com  

New funding grants available for academic-industry collaborations

08 February 2016

NSERC RDC Announcement

Actifio Partners with Camouflage to Integrate Data Masking into Its Enterprise-Class Test Data Management Solution

28 January 2016

http://www.actifio.com/press-releases/actifio-partners-camouflage-integrate-data-masking-enterprise-class-test-data-management-solution

BOSTON - January 7, 2016 -  Actifio, the copy data virtualization company, today announced its partnership with Camouflage Software Inc., a leading provider of solutions for data masking in Test Data Management. The partnership brings a best-in-class solution to address the challenges of  data access, control, security, and storage costs in the test and development space.

"Software is eating the world," as Marc Andreessen famously said in 2011. Since then, more and more industries have been transformed by software, to the point where the largest distributor of films has no theaters (Netflix,) the largest provider of delivery services has no cars (Uber,) the largest renter of rooms owns no hotels (Airbnb). Software - especially the development of company-specific applications and platforms with the power to create sustainable advantage and even transform entire industries - has become a critical lever of business strategy in even the most unlikely business segments. Meanwhile, physical and technical infrastructure, the source of differentiated capability for decades, if not centuries, is increasingly seen as a commodity to be accessed at the lowest possible cost.

Providing large businesses with the agility they need to keep up with the pace of innovation increasingly means helping them dramatically reduce the cycle time for new application development. A major impediment to that acceleration is the inability of developers and database architects to get rapid, reliable access to current, high-fidelity data to support application testing, sometimes called Test Data Management. Operations teams are often challenged to provide that access without sacrificing control of production data, which can include personally identifiable or other sensitive information, such as social security or credit card account numbers.

Actifio and Camouflage solutions combine to accelerate enterprise application development and improve release quality while actually increasing the data control that is essential to staying out of the headlines for all the wrong reasons. The power of Actifio's data virtualization combined with the safety of enterprise-grade data masking from Camouflage fundamentally transforms the landscape of test data management, giving developers and test teams self-serve, instant access to masked, controlled virtual copies of data that both speed up development cycles by reducing wait times and reduce bugs through the use of high-fidelity copies of production data.

Camouflage's industry-leading CX-Mask™ data masking software augments the Actifio solution by removing, de-identifying, and anonymizing the sensitive data, while still retaining the realism and functionality of the original data set. The masking application secures the data, achieves security and compliance, and provisions non-production environments with high quality, realistic data for a variety of Test/Dev functions.

"Agile and DevOps approaches for end-to-end application deployment require frequent, rapid, iterative testing and continuous release management, and for these to be successful, access to current, reliable data is critical," said Melinda-Carol Ballou, Program Director, Application Life-Cycle Management & Executive Strategies, IDC. "At the same time, regulatory compliance and customer identity protection needs demand obfuscation of sensitive data - especially throughout development and testing process. All too frequently, development and test groups hang onto whatever data they can get, storing it under their desks or wherever may be most convenient, putting the business at risk for a total data breach." For more of IDC's perspective on Optimizing Test Data Management, please see this recent blog.

"We've come together with Actifio because we share an understanding of our enterprise customers' pain points in application development," said Kevin Duggan, President and Chief Executive Officer at Camouflage. "Speed to market, quality and security of critical data don't have to be at odds, and through the use of Camouflage in Actifio's test/dev workflows, customers have controlled, masked, realistic data that improves their releases and ultimately business outcomes."

Built on its patented, revolutionary Virtual Data Pipeline™ (VDP) technology, the Actifio copy data virtualization solution replaces a hodgepodge of data management tools with a single, cloud-friendly platform to protect and manage applications running on physical or virtual servers, especially common databases used by business applications such as Oracle and Microsoft SQL Server. The Actifio solutions for test data management serve enterprise development needs by providing:

  • Performance that can scale to accommodate hundreds of developers, very large databases (VLDBs) over 10 TB, and petabyte ecosystems;
  • Support for development and test environments that can mirror production exactly, such as Oracle RMAN (Recovery Manager) with RAC (Real Application Clusters) and ASM (Automatic Storage Management) on fibre channel storage networks, reducing inconsistencies between development and operations;
  • Multi-application and hypervisor support so that investment in a single copy data virtualization platform addresses multiple use cases and application environments, and
  • API and CLI accessibility, so that automated Actifio test data provisioning can be integrated into DevOps-style toolchains, or so DBAs have the flexibility to integrate data provisioning commands into their existing CLI-based processes.

"Partnering with Camouflage ensures that our customers have access to a best-of-breed sensitive data management solution with a proven track record of protecting Fortune 500-class business data," said Ash Ashutosh, CEO and Founder of Actifio. "Bottom line: Actifio copy data virtualization and Camouflage data masking keep businesses safer while helping them build higher-quality applications, faster."

About Actifio

Actifio virtualizes the data that's the lifeblood of businesses in more than 30 countries around the world. Its Virtual Data Pipeline™ technology enables businesses to protect, access, and move their data faster, more efficiently, and more simply by decoupling data from physical storage, much the same way a hypervisor decouples compute from physical servers. For enterprise-class backup modernization, self-serve instant data access, or service provider business transformation, Actifio is the first and only choice for radically simple copy data virtualization. For more visit  Actifio.com, or follow us on Twitter  @Actifio.

About Camouflage

Camouflage Software is recognized by Gartner and Bloor Research as a leading expert and pioneer in the field of sensitive data management, security, and data masking. The company's innovative, customized, and experience-driven approach has helped many fortune 500 companies protect their sensitive data, and corporate reputations. Camouflage specializes in fortifying the defenses for those industries most targeted for data breaches-finance, insurance, education, and healthcare-with proven results.

Camouflage's world-class solutions offer identification, classification, and anonymization of sensitive information in both test and production environments. This enhanced level of security allows organizations to comply with increasing legislative and industry requirements surrounding data management, while combating the increasing threat of cyber-attacks and data breaches.

SequenceBio CEO Dr. Tyler Wish Addressing Delegates on Industry Panel at Precision Medicine World Conference

26 January 2016

(Silicon Valley, California)  - Dr. Tyler Wish, CEO of SequenceBio, will share insight on the 100,000 patient initiative the company has in progress in Newfoundland and Labrador at The Personalized Medicine World Conference (PMWC) as part of a panel on Generating Data-Driven Insight in Personalized Medicine at this week's event. Joining Dr. Wish on the Panel, moderated by Mick Correll of Genospace, a partner of SequenceBio, are fellow panelists Mathias Ehrich, Sequenom and Aaron Black, Inova. SequenceBio is the only Canadian company presenting and speaking at PMWC.

"PMWC is a global event, attracting the world's best thinkers, leaders and players in the biotech industry. Precision medicine is positioned to improve patient outcomes around the world. Our event is truly forward thinking and collaborative - we are pleased to have Dr. Wish, SequenceBio CEO,  share news from Newfoundland and Labrador on how generating insight with data will vastly improve populations in the province and within the Canadian health care space", Tal Behar,  ‎Co-founder & President, PMWC International.

PMWC is an independent and established conference that attracts recognized authorities and experts across healthcare and biotechnology sectors. The Conference showcases practical content that helps close the knowledge gap between different sectors, thereby catalyzing cross-functional collaboration to further adoption of personalized medicine in the clinic.

"The cross-disciplinary nature of the event makes PMWC a fantastic venue to highlight the innovative ways that our partners and collaborators like SequenceBio are deriving insights from their precision medicine programs in order to improve patient outcomes", said Mick Correll, CEO of Genospace.

Major international players, including Stanford Health Care, Oracle Health Sciences and UCSF attend PMWC, an event that began in 2009 in the Silicon Valley. Satellite conferences happen globally, notably in the United Kingdom and Israel.

SequenceBio is a biotechnology company leading a 100,000 person population sequencing initiative in the Province of Newfoundland & Labrador. The initiative will generate a uniquely powerful dataset of genomic and phenotypic information that SequenceBIo will use for computational drug discovery and to empower better patient care. SequenceBio is committed to working with participants, collaborators and partners to enable innovation that enhances the lives of patients, families and communities in Newfoundland & Labrador and around the world. Visit www.sequencebio.co for additional corporate, investor and participant information.


Media Contact:

Karen Moores
Vice President, Communications and Public Affairs
karen@sequencebio.co
709.697.0734 

Three Companies Receive Investment through Venture Newfoundland and Labrador

26 January 2016

Three Newfoundland and Labrador companies will receive a total investment of $750,000 from Venture Newfoundland and Labrador, a venture capital fund established by the Government of Newfoundland and Labrador and managed by Pelorus Venture Capital Ltd. The fund is designed to provide greater access to capital for innovative entrepreneurs with high-growth potential start-ups.

"Growing an entrepreneurial culture and fostering innovation through venture capital investment presents tremendous opportunity for our province. These three companies are great examples of how we can use innovative ideas to diversify our economy into new areas of business. This seed money will allow them to continue to grow their operations in our province. I believe there is an even brighter future ahead for these three innovative companies."
- The Honourable Christopher Mitchelmore, Minister of Business, Tourism, Culture and Rural Development

On behalf of Venture Newfoundland and Labrador, Pelorus Venture Capital Ltd. is investing $250,000 in each of three Newfoundland and Labrador companies: Clockwork Fox, HeyOrca and Sentinel Alert.

"Today's announcement of investment in three diverse companies in Newfoundland and Labrador is yet another step forward for the innovation economy we are proud to support and help grow. Each of these talented entrepreneurial teams is playing a role in changing and shaping the economic future of Newfoundland and Labrador. We are proud to invest. Our fund is always looking to work with new investors as we grow and ultimately invest in many new ventures."
- Tom Hayes, Managing Director, Pelorus Venture Capital Ltd.

Clockwork Fox Studios develops educational games and technologies. Its marquee product is Zorbit's Math Adventure, a game-based learning system for early math. Zorbit's Math Adventure combines stories and games with the best math pedagogy to improve K-3 learning outcomes.

"We have a highly skilled staff who produce market-leading gamed-based learning products for education. This investment will allow us to produce additional products for schools, and accelerate access to export markets, particularly the US."
- Ed J. Martin President, Clockwork Fox

HeyOrca enables marketing agencies and their clients to seamlessly collaborate on social media content by providing a client facing interface and streamlining the approval process.

"This investment is important for us because we will be able to grow our team and amplify the business model we created and grew in 2015. Today's news means accelerated growth for HeyOrca with the potential of new job creation and expanded entry into new markets. We are negotiating deals in the US and other parts of Canada; this funding ensures we will also be closer to our customers and better understand their needs."
- Joe Teo, Co-founder, HeyOrca

Sentinel Alert is a safety software company designed to help industrial companies reduce worker accidents and send their teams home safe every day. Sentinel Alert was the first Newfoundland and Labrador company to take part in Propel ICT's Launch 36 accelerator in fall 2014.

"One of the key things this investment allows us to do is hire the talent we need to grow Sentinel Alert and compete globally. We're creating new jobs that require talented technical people in a fast moving and innovative market. We are proud to be helping to build the foundation for a new industry, one of innovation that is not geographically or commodity based. This investment helps create a demand for a new type of work and a new type of investment."
- Sarah Murphy, Co-founder and CEO, Sentinel Alert

The Provincial Government is committed to growing a culture of entrepreneurship and innovation that presents economic potential for Newfoundland and Labrador. The Venture Newfoundland and Labrador Fund is a venture capital fund solely for local business that will provide funding to support new start-ups and companies in the very early stages of their development. Along with a $10 million Provincial Government investment, the fund is supported by $2 million from BDC Capital and additional funding from private investors.

QUICK FACTS

  • Three Newfoundland and Labrador companies will receive a total investment of $750,000 from Venture Newfoundland and Labrador, a venture capital fund established by the Government of Newfoundland and Labrador and managed by Pelorus Venture Capital Ltd.
  • On behalf of Venture Newfoundland and Labrador, Pelorus Venture Capital Ltd. is investing $250,000 in each of three Newfoundland and Labrador companies: Clockwork Fox, HeyOrca and Sentinel Alert.

- 30 -

Media contacts:

Tansy Mundon 
Director of Communications 
Department of Business, Tourism, Culture and Rural Development 
709-729-4570, 693-1865 
tansymundon@gov.nl.ca
Tom Hayes 
Managing Director 
Pelorus Venture Capital Ltd 
709-701-0121, 902-441-3827 
tom@pelorusventure.com

Genesis Centre Evolution Program - Call for Applications

18 January 2016

Date: January 18, 2016

Subject: Validate Your Business Idea: Genesis Centre Opens Applications for Evolution Program this Winter

The Genesis Centre today announced that they are accepting applications for their Winter 2016 Evolution program. Are you working on an idea for a product, company or service? The Evolution program is an eight-week intensive workshop to help entrepreneurs validate their business ideas and get them to market. The program is perfectly suited for early stage entrepreneurs who have any business idea.

Done in three phases, the program is derived from best practices and integrates e-learning, in-person workshops, and customer interviews. It blends the Lean Startup movement with programs from the Silicon Valley, including Google's "Startup NEXT" program.

The Evolution program enables participants to validate their ideas and identify potential markets, while enabling them to quickly learn if their business model will work. After eight weeks, the program culminates with "Pitch and Pick", a pitching event that brings together entrepreneurs, industry experts, and investors. Last fall's "Pitch and Pick" event garnered much attention for the program's largest cohort of ten companies.

"Whether you're planning to apply to the Genesis Centre's incubation program or need objective feedback on your product idea, the Evolution program helps you reach that goal. The eight-week program delivers what would normally take a year or two for an entrepreneur to experience in the real world," said Greg Hood, president and chief executive officer, of the Genesis Centre. "Ultimately, it optimizes an entrepreneur's chances of success in the market," he added.

Past participants in Evolution include HeyOrca, a social media platform developer, and B Sharp!, which was founded by a local musician whose goal is to teach children and musicians to read music.

The deadline for applications is January 29, 2016. Interested parties can apply on the Evolution program page on the Genesis Centre website.

The program fee for Evolution is $50 per team member, which goes directly toward covering program logistics.

About the Genesis Centre

The Genesis Centre, located at Memorial University, is an incubator for technology-based ventures with high-growth potential.. Since the Genesis Centre was founded in 1997, it has helped almost 60 start-ups raise more than $85 million in private equity. Genesis alumni are among the leading start-ups in Atlantic Canada and include Verafin, Rutter Technologies, and Avalon Microelectronics (acquired by Altera). For more information, please visit www.genesiscentre.ca.

For more information:
Angelo Casanas - Manager of Startup Development and Partnerships
acasanas@genesiscentre.ca
709.864.2681

International Maritime Authority DNV-GL Re-Certifies VMT Lifeboat Simulators

18 January 2016

For Immediate Release
January 18, 2015

International Maritime Authority DNV-GL Re-Certifies VMT Lifeboat Simulators

St. John's, Newfoundland, Canada​- Virtual Marine Technology (VMT) is pleased to announce that DNV-GL has re-certified the company's Lifeboat Simulator Systems. This certification applies to VMT's single fall and twin fall davit and freefall lifeboat simulator systems (SurvivalQuest). VMT's lifeboat simulators are the only commercially available lifeboat simulators globally.

DNV-GL is the leading authority in the certification of maritime simulator systems globally, with a focus on safety and sustainability. The purpose of the standards for Certification of Maritime Simulators is to verify that the simulator meets a certain level of physical and behavioural realism. Such standards ensure quality by creating minimum criteria for maritime training programs such as lifeboat coxswain training and refresher training programs.

Ruud de Bruin, Seaskill™ Service Manager with DNV-GL, visited VMT's headquarters in St. John's, Newfoundland, Canada, to test the lifeboat simulator systems. "The SurvivalQuest lifeboat simulator provides a valuable addition to traditional training" he said. "The virtual environment linked to modeled behaviour of a survival craft allows for virtual launches in your exact operational area. Abandonment procedures and communication as well as clearing the legs or risers of an offshore installation, facing an expected seastate, wind and current upon water entry, can normally not be practiced."

VMT is looking forward to continuing its work with oil and gas operators and contractors, as well as maritime training providers and other regulatory bodies to provide the most effective simulated training experience for offshore lifeboat operators.

About DNV-GL

DNV GL is the leading technical advisor to the global oil and gas industry. We provide consistent, integrated services within technical and marine assurance and advisory, risk management and offshore classification, to enable safe, reliable and enhanced performance in projects and operations. Together with our partners, we drive the industry forward by developing best practices and standards. Our people combine industry expertise, multi-disciplinary skills and innovation to solve complex challenges for our customers.

About Virtual Marine Technology

Virtual Marine Technology (VMT) is the world's only provider of lifeboat simulation training systems. VMT's products are designed to enhance the competence of lifeboat operators working in offshore oil and gas and to improve emergency evacuation and escape preparedness. Though our roots remain tied to lifeboat training, VMT also provides maritime simulation systems to Navies globally in the form of on-board bridge and navigation training simulators for cadets and junior officers.

For More Information on DNV-GL:

Capt. Aksel David Nordholm (MNI)
Manager Simulator Certification, DNV GL - SeaSkill™
Telephone: +47 33 48 55 43
E-mail: aksel.david.nordholm@dnvgl.com
Website: www.dnvgl.com

For More Information on Virtual Marine Technology:

Alfred Whiffen Telephone: +1-709-738-6306, Extension 215
Email: alfred.whiffen@vmtechnology.ca
Website: www.vmtechnology.ca

Kraken Receives $750,000 to Fund R&D

04 November 2015

Non-Dilutive Capital to Support the Development of KATFISH Sonar Towfish Platform

ST. JOHN'S, NL--(Marketwired - November 04, 2015) - Kraken Sonar Inc. ("Kraken") (TSX VENTURE: PNG) is pleased to announce that its wholly-owned subsidiary, Kraken Sonar Systems Inc., has been awarded $750,000 by the Research & Development Corporation (RDC) of Newfoundland and Labrador.

Karl Kenny, President and CEO of Kraken, said, "We are grateful to RDC for their support of our efforts and appreciate their thorough review of our development program. We look forward to continuing to develop innovative marine technologies and products to meet the ever evolving demands of our growing customer base."

KRAKEN'S KATFISH SURPASSES CONVENTIONAL SONAR SYSTEMS

Kraken's KATFISH is an actively controlled, intelligent towfish platform used to generate real-time, ultra-high resolution seabed imagery and maps for a variety of military and commercial applications. The system's primary sensors are based on Kraken's Interferometric Synthetic Aperture Sonar technology, real-time Synthetic Aperture Sonar (SAS) processing algorithms and acoustic velocity sensors.

Traditional conventional side scan systems are limited in that they only provide high resolution imagery at very short ranges. KATFISH produces ultra-high resolution seabed imagery with constant resolution to full range. The additional information provided by the KATFISH system delivers a detection and classification capability that cannot be achieved with a conventional sidescan sonar. The entire system is designed to be quickly installed and removed from craft of opportunity platforms and is packaged for easy transportation.

Kraken's sonar and underwater systems are gaining traction in the rapidly growing Unmanned Maritime Systems drone market, which is primarily comprised of Unmanned Underwater Vehicles (UUVs) and Unmanned Surface Vessels (USVs).

KRAKEN'S KATFISH ADDRESSES A NAVAL WARFARE INFLECTION

The future of naval warfare continues to evolve toward smaller vessels, littoral operations and underwater intelligence, surveillance and reconnaissance missions. SAS technologies, such as that produced by Kraken, have now matured to support solutions that can economically survey and detect small objects hidden on the seabed and be able to go into confined spaces where underwater explosives are likely to be hidden.

The underwater defence market is evolving rapidly; responding to changing threats, tensions in the Middle East and Asia, economic and budgetary pressures and a growing eagerness by modern navies and developing countries alike to procure and deploy ocean drones such as UUVs and USVs.

UUVs are a proven technology that have been used for many years, mostly for mine countermeasures, oceanographic research and oil & gas surveys. In contrast, USVs, the naval equivalent of unmanned aerial vehicles (air drones) have not been widely used. While the technology for USVs is in its infancy compared with the aerial drones, this situation is about to significantly change.

Unmanned vessels, like unmanned aerial vehicles, provide military forces with reach and capability without the risk of manned systems. They keep the dull, dirty and dangerous jobs away from human personnel.

USV technology is maturing rapidly, and a number of USVs are market-ready, signaling a coming sea change in the makeup of the overall Unmanned Maritime Systems (UMS) market.

Industry analysts Market Info Group LLC estimate that the global Unmanned Maritime Systems market will reach US$11 Billion (cumulative) by 2020.

To view "Unmanned Maritime Systems Market Growth": http://media3.marketwire.com/docs/UnmannedMaritimeSystemsMarketGrowth.jpg

ABOUT RDC AND ITS FUNDING OF KRAKEN

RDC is a provincial Crown corporation responsible for improving Newfoundland and Labrador's research and development performance. RDC works with research and development stakeholders including business, academia, and government agencies and departments to make strategic investments in highly qualified people, R&D infrastructure, and innovative research. Additional information about RDC can be found at: www.rdc.org. Kraken's funding contribution was provided under RDC's SensorTECH initiative. SensorTECH is a research program targeted towards sensor research, development and demonstration in simulated and real operating environments. Remote sensing often involves technologies that collect and analyze data to characterize an object, geographic area, or physical environment from a distance using aircraft, satellites, unmanned maritime vehicles and other research platforms.

The goal is to advance R&D in support of the development of sensor technologies and to enhance remote sensing R&D capacity in Newfoundland and Labrador; enable technology commercialization and resource development, and; leverage local, national and/or international collaboration to drive sensor research, development and deployment.

The SensorTECH funding will be used during 2015 and 2016 to help develop Kraken's KATFISH sonar towfish platform. KATFISH generates real-time, ultra-high resolution seabed imagery and maps for both manned and unmanned military and commercial applications.

ABOUT KRAKEN SONAR INC.

Kraken Sonar Inc. (TSX VENTURE: PNG) is an industrial technology company, founded in 2012, that is dedicated to the production and sale of software-centric Synthetic Aperture Sonar (SAS) sensors and systems. The Company's products are sold to leading defence contractors, commercial survey companies and research institutions for producing real-time, ultra-high resolution imagery and bathymetry of the seabed. For more information, please visit www.krakensonar.com.

Neither the TSX Venture Exchange Inc. nor its Regulation Services Provide (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

KRAKEN AWARDED $1.5 MILLION ORDER FROM MAJOR DEFENCE CONTRACTOR

02 November 2015

http://www.krakensonar.com/en/investor/news/2015/77-kraken-awarded-1-5-million-order-from-major-defence-contractor

ST. JOHN'S, NL--(Marketwired - November 02, 2015) - Kraken Sonar Inc. ("Kraken") (TSX VENTURE:PNG) is pleased to announce that its wholly-owned subsidiary, Kraken Sonar Systems Inc. has received a $1.5 million contract from a major international defence contractor for a KATFISH sonar system. Along with spare parts and support, the initial order could exceed $2 million. Due to the sensitivity of its business, the client's name cannot be disclosed.

The agreement includes multiple stages, starting with a first phase for the manufacture and supply of Kraken's KATFISH system. The customer will make an advance payment on the contract in 2015. Approximately 75% of the contract revenue is expected be realized in 2016. Subject to contract options, the next phases will position Kraken as a primary sonar supplier to the Unmanned Maritime Systems (UMS) market.

Karl Kenny, President and CEO of Kraken said, "This is a very significant award for us and demonstrates that KATFISH is a key objective in delivering on our "sensors-to-systems" strategy. This contract further establishes Kraken's underwater technologies in the Unmanned Maritime Systems industry and positions us for future contracts on UMS platforms."

KRAKEN'S KATFISH SURPASSES CONVENTIONAL SONAR SYSTEMS

Kraken's KATFISH is an actively controlled, intelligent towfish platform used to generate real-time, ultra-high resolution seabed imagery and maps for a variety of military and commercial applications. The system's primary sensors are based on Kraken's Interferometric Synthetic Aperture Sonar technology, real-time Synthetic Aperture Sonar (SAS) processing algorithms and acoustic velocity sensors.

Conventional side scan systems are limited in that they only provide high resolution imagery at short range. KATFISH produces ultra-high resolution seabed imagery with constant resolution to very long range. The additional information provided by the KATFISH system delivers a detection and classification capability that cannot be achieved with a conventional sidescan sonar. The entire system is designed to be quickly installed and removed from craft of opportunity platforms and is packaged for easy transportation.

Kraken's sonar and underwater systems are targeted to the rapidly growing Unmanned Maritime Systems drone market which is primarily comprised of Unmanned Underwater Vehicles (UUVs) and Unmanned Surface Vessels (USVs).

KRAKEN'S KATFISH ADDRESSES A NAVAL WARFARE INFLECTION

The future of naval warfare continues to evolve toward smaller vessels, littoral operations and underwater intelligence, surveillance and reconnaissance missions. Advanced sonar technologies, such as the SAS produced by Kraken, have matured to support solutions that can economically survey and detect small objects hidden on the seabed and can enter into confined spaces where underwater explosives are likely to be hidden.

The underwater defence market is evolving rapidly; responding to changing threats, tensions in the Middle East and Asia, economic and budgetary pressures and a growing eagerness by modern navies and developing countries alike to procure and deploy ocean drones such as UUVs and USVs.

UUVs are a proven technology that have been used for many years, mostly for mine countermeasures, oceanographic research and oil & gas surveys. In contrast, USVs, the naval equivalent of unmanned aerial vehicles (air drones) have not been widely used. While the technology for USVs is in its infancy compared with the aerial drones, this situation is about to significantly change.

Unmanned vessels, like unmanned aerial vehicles, provide military forces with reach and capability without the risk of manned systems. They keep the dull, dirty and dangerous jobs away from human personnel.

USV technology is maturing rapidly, and a number of USVs are market-ready, signaling a coming sea change in the makeup of the overall Unmanned Maritime Systems (UMS) market.

Industry analysts Market Info Group LLC estimate that the global Unmanned Maritime Systems market will reach US$11 Billion (cumulative) by 2020.

To view "Unmanned Maritime Systems Market Growth": http://media3.marketwire.com/docs/UnmannedMaritimeSystemsMarketGrowth.jpg

ABOUT KRAKEN SONAR INC.

Kraken Sonar Inc. (TSX VENTURE: PNG) is an industrial technology company, founded in 2012, that is dedicated to the production and sale of software-centric Synthetic Aperture Sonar (SAS) sensors and systems. The Company's products are sold to leading defence contractors, commercial survey companies and research institutions for producing real-time, ultra high resolution imagery and bathymetry of the seabed. For more information, please visit www.krakensonar.com.

Certain information in this news release constitutes forward-looking statements. When used in this news release, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "seek", "propose", "estimate", "expect", and similar expressions, as they relate to the Company, are intended to identify forward-looking statements. In particular, this news release contains forward-looking statements with respect to, among other things, business objectives, expected growth, results of operations, performance, business projects and opportunities and financial results. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Such statements reflect the Company's current views with respect to future events based on certain material factors and assumptions and are subject to certain risks and uncertainties, including without limitation, changes in market, competition, governmental or regulatory developments, general economic conditions and other factors set out in the Company's public disclosure documents. Many factors could cause the Company's actual results, performance or achievements to vary from those described in this news release, including without limitation those listed above. These factors should not be construed as exhaustive. Should one or more of these risks or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described in this news release and such forward-looking statements included in, or incorporated by reference in this news release, should not be unduly relied upon. Such statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update these forward-looking statements. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

Neither the TSX Venture Exchange Inc. nor its Regulation Services Provide (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 
Contact Information

Ashtead Technology makes significant investment in SubC Imaging's underwater technology

29 October 2015

http://www.oilandgastechnology.net/upstream-news/ashtead-technology-invests-usd300000-new-underwater-technology

Ashtead Technology has invested over $300,000 in the latest generation of visual inspection tools for deep sea exploration.

The investment will see Ashtead offering a range of SubC Imaging products to meet increasing industry demand for enhanced, cost effective inspection solutions. A world-leader in video technology used to monitor the integrity of subsea assets and infrastructure, SubC Imaging provides state-of-the art cameras with HD video capabilities that can capture and transmit high quality data from extreme water depths.

Chris Echols, Vice President of Ashtead Technology in Houston said: "Following the Deepwater Horizon oil spill in 2010, stricter subsea inspection regulations were introduced which has led to a need for more reliable, high resolution visual inspection technology. "The SubC range of cameras, in which we have invested, capture a true visual representation of the underwater world from which we can accurately estimate the remaining life of a subsea infrastructure and assess the integrity of the equipment.

"As the subsea industry enters deeper waters, the need for companies to collect more meaningful data increases. By investing in this equipment, we are able to help our customers ensure they can capture a true picture of what is going on and take preventative measures to ensure the integrity of high-cost, high-risk subsea equipment and infrastructure, thereby saving costs and reducing risk."

The new 1Cam MK5 range is capable of outputting live HD video over coax or fiber and can record HD 1080P video and capture up to 24mp still images to its internal storage. The units are rated up to 6500m and come as standard with integrated reference lasers.  For even greater capability, they can be coupled with an external LED light/strobe or line laser.

Engineered to deliver vivid colour video footage in real-time while travelling almost any direction, the MK5 range provides high quality footage of the underwater world.

Ashtead has further enhanced its product offering with the SubC DVR/Overlay system which can record multiple 3D, HD and SD video channels simultaneously, add overlays, stream video and audio over a network, and  also includes a new event logging feature.

Ron Collier Vice President of Business Development at SubC Imaging said: "With the new MK5 range, SubC continues to raise the bar when it comes to the quality and capability of underwater cameras available to the subsea industry.  Ashtead has been integral to the global market success of our products and the continued investment in our products reflects the company's commitment to providing its customers with the best available subsea technology."

Through the delivery of enhanced technical support services, Ashtead Technology is committed to delivering a range of value-added services which now include the supply of offshore personnel, equipment sales, complete asset management, calibration, repair and maintenance, custom engineering, cable moulding and training.

Formed in 1985, Ashtead Technology employs 75 people in Aberdeen, London, Houston and Singapore with agents in Abu Dhabi, Perth (Australia) and Stavanger.


$1.1 Million Investment Encourages Innovation and Entrepreneurship

28 October 2015

http://www.genesiscentre.ca/news-archieve/2015/10/28/provincial-investment-in-genesis-mun-propelict-to-foster-entrepreneurship

October 28, 2015

Several of the province's leading business innovators are better positioned to promote growth and innovation in social enterprise, entrepreneurship and the technology sector through a Provincial Government investment of $1.1 million. Funding will help the Genesis Centre, Memorial University, and Propel ICT assist new and existing start-up clients, as well as students, in growing their businesses through advanced training and supporting new entrepreneurial ventures.

"Innovation has a tremendous influence on our province's social and economic development. By fostering innovation among our youth, budding entrepreneurs, start-ups, research institutions, and traditional industries, we are making important investments in the future of Newfoundland and Labrador. I am pleased that through this investment of over  $1.1 million, we are ensuring that the necessary programs and resources for these innovative organizations will be in place to fully encourage and  strengthen their opportunity for long-term success."
- The Honourable Darin King, Minister of Business, Tourism, Culture and Rural Development

With the goal of recruiting and fostering technology companies in Newfoundland and Labrador, the Genesis Centre and Propel ICT will undertake the targeted development of high growth potential businesses. Memorial University will use funding to help foster an entrepreneurial culture with the goal of strengthening entrepreneurship and social enterprise. Information on project funding can be found in the backgrounder below.

"Memorial University is an inclusive community dedicated to innovation and excellence in teaching and learning, research, scholarship, creative activity, service and public engagement. This funding will make a positive difference in the success of our students, faculty and staff and the critical work that they do to ensure a sustainable and prosperous future in Newfoundland and Labrador."
- Dr. Noreen Golfman, provost and vice-president (academic), Memorial University

Supporting an environment in which new businesses can develop and grow, and where existing businesses can expand, contributes to a healthy and diverse economy.Funding for innovation in business is being provided through the Regional Development Fund. The fund provides support to organizations by way of non-repayable contributions for projects aimed at stimulating economic development, innovation and capacity building in all regions of the province.

"By supporting the growing startup community in Newfoundland and Labrador, we are setting the province on a clear path to future prosperity. We need to capitalize on the intelligence, ability and ambitions of our province's entrepreneurs. Today's funding announcement will help us do that." 
- Gary Dinn, CEO of Propel ICT, St. John's

In 2014, The Provincial Government invested $20 million in two venture capital funds, Venture Newfoundland and Labrador and Build Ventures. The funds are designed to provide greater access to capital for innovative entrepreneurs with high-growth potential start-ups. Additionally, companies working with interactive digital media can now avail of a new tax credit specifically designed to support businesses in this industry. The Newfoundland and Labrador Interactive Digital Media Tax Credit provides a 40 per cent refundable provincial tax credit on eligible salary and remuneration expenditures to Interactive Digital Media companies in the province.

QUICK FACTS

  • Approximately $1.1 million is being provided to three organizations, to advance entrepreneurship, support emerging growth sectors and promote regional development activities.
  • The Regional Development Fund provides support to organizations by way of non-repayable contributions for projects aimed at supporting economic development, innovation and capacity building in all regions of the province.
  • For details of the digital media tax credit, visit http://www.fin.gov.nl.ca/fin/tax_programs_incentives/business/idmtc.html.
  • Additional information on programs can be found at: http://www.btcrd.gov.nl.ca/regionaldev/index.html.

Sequence Bio Announces Major Precision Medicine Partnership with the Government of Newfoundland and Labrador

14 October 2015

(St. John's) - Sequence Bio, a privately held company located in Newfoundland and Labrador, has reached a partnership agreement with the Government of Newfoundland and Labrador. This partnership will focus on healthcare outcomes and supports Sequence Bio leadership work in commercial research and development opportunities in Newfoundland and Labrador.

"We are uniquely positioned to become a global player in this industry and are focused on ensuring families and patients in our province, together with their health care teams, have improved patient outcomes and enhanced care. Minister Kent and his team have worked hard to support Sequence Bio, as a local company growing in the global market and we appreciate their leadership and efforts in advancing better patient outcomes in this province.", notes Dr. Tyler Wish, Chief Executive Officer and founder of Sequence Bio.

Sequence Bio and the government want to work together to engage 100,000 voluntary, consenting participants in a large-scale initiative.

Minister Steve Kent, the Deputy Premier and Minister of Health and Community Services, says that, "Our government continues to explore opportunities to foster the development of a strong life sciences sector in the province, and this agreement is a step forward in positioning Newfoundland and Labrador as a world leader in precision medicine."

Founded by Dr. Tyler Wish and Chris Gardiner, Sequence Bio recently closed a $1,000,000 round of seed financing with an additional $500,000 investment from Killick Capital. In June/July of 2015, Pelorus Venture Capital and Klister Credit Corp. invested a total of $500,000.

Media Contact:
Karen Moores
Karen@Sequencebio.co
709.697.0734

Camouflage Launches New Brand and New Website

13 October 2015

https://datamasking.com/resources/press-releases-and-news-articles/

The launch of a new brand and website kicks-off a new era at Camouflage Software, one that better reflects the company's industry-recognized leadership position in the field of sensitive data management, security, and data masking. Simply put, "the various changes support a broader plan to shift the company's position from 'experts in data masking consulting' to an 'industry leading data masking software provider,' explains President & CEO Kevin Duggan. He adds, "with over 100 years of collective masking experience already baked-in, our software and solutions should be the star attraction as they provide ease of consumption and success for clients compared to alternative manual, or consultant-heavy options."

In addition to the new corporate identity, Camouflage executed a significant overhaul to its website, aiming to revamp and refresh the content, layout, and available resources. Visitors will find improved navigation and functionality throughout, updated industry and product-specific information, insightful blogs written by members of the Camouflage leadership team, educational videos and pre-recorded demonstrations & webinars. New and regular visitors will gain access to new, relevant and industry-specific content related to identifying, classifying, and anonymizing sensitive customer and corporate information.

"Our website has always been an important way for us to share information about our company, products and experiences in helping protect sensitive data, achieve industry compliance, and advance data driven processes for companies. The redesigned site continues to deliver on that goal, and offers much more than a new look- it offers advanced education, interaction, and product clarity- all in an easier and more engaging format" says Duggan.

We encourage you to connect with us to learn more about our Xpert™ line of Data Masking solutions. We'd be happy to answer any questions you may have, or schedule a demo to showcase how we can help you and your organization identify and protect your sensitive data. For more information call 1-866-345-8888  or submit an online request HERE.

About Camouflage
Camouflage Software is recognized by Gartner and Bloor Research as a leading expert and pioneer in the field of sensitive data management, security, and data masking. The company's innovative, customized, and experience-driven approach has helped many fortune 500 companies protect their sensitive data, and corporate reputations. Camouflage specializes in fortifying the defenses for those industries most targeted for data breaches-finance, insurance, education, and healthcare-with proven results.

Camouflage's world-class solutions offer identification, classification, and anonymization of sensitive information in both test and production environments. This enhanced level of security allows organizations to comply with increasing legislative and industry requirements surrounding data management, while combatting the increasing threat of cyber-attacks and data breaches.

Camouflage-Defending Data

Province’s Interactive Digital Media Tax Credit Now Available

13 October 2015

http://www.releases.gov.nl.ca/releases/2015/fin/1013n04.aspx

Companies working with interactive digital media can now avail of a new tax credit specially designed to support businesses in this industry. The Newfoundland and Labrador Interactive Digital Media (IDM) Tax Credit was announced as part of Budget 2015:Balancing Choices for a Promising Future. The details of the credit have been finalized and the regulations were implemented this week.

"Our government expects to invest approximately $1 million in this tax credit, based on the number of companies currently working with interactive digital media in the province. This credit will help support and retain the current interactive digital media industry in the province and encourage future growth. Our government moved forward with this program as a way to assist in leveling the competitive landscape of this province for digital media companies considering where to locate. Through our investment in this initiative we continue to make strategic decisions that are diversifying our economy."
- The Honourable Ross Wiseman, Minister of Finance and President of Treasury Board

The Interactive Digital Media Tax Credit will:

  • Provide a 40 per cent refundable provincial tax credit on eligible salary and remuneration expenditures to IDM companies in the province incurred on or after January 1, 2015;
  • Help companies with the competitive cost of labour in the province up to a maximum credit value of $40,000 per person and to a maximum of $2 million per company, per year; and
  • Have a five-year sunset with renewal subject to a program evaluation.

For further details of the tax credit visit www.gov.nl.ca/fin.

"Our government is proud to continue to support a diverse economy and growing industries. This new tax credit will help to grow the digital media industry in our province by encouraging growth of existing companies and serving as a great incentive for other companies to expand or relocate to Newfoundland and Labrador."
- The Honourable Darin King, Minister of Business, Tourism, Culture and Rural Development

The Provincial Government continues to put money back in the pockets of Newfoundlanders and Labradorians through tax measures. This is in line with government's Population Growth Strategy that supports individuals and families who choose Newfoundland and Labrador as their home with a focus on workforce, families, communities and immigration.

"The technology sector represents a great opportunity for economic diversity and growth in our province. Initiatives such as the Newfoundland and Labrador Interactive Digital Media Tax Credit demonstrate the positive linkages between policy initiatives and business results by helping technology companies to be competitive at a global level while locally based. At NATI we believe these initiatives are critical to ensure the people of Newfoundland and Labrador have a vibrant and diversified future economy."
- Chris Dillon, Chair, Newfoundland and Labrador Association of Technology Industries

Last year alone residents and businesses benefited from approximately $700 million in tax measures, including enhancements to the seniors' benefit, reductions in the small business corporate income tax rates, and low income tax reductions. The Provincial Government's goal is to stimulate growth and intensify efforts to pursue the significant opportunities available to the province to ensure a vibrant economy over the long term.

QUICK FACTS

  • The Newfoundland and Labrador Interactive Digital Media (IDM) Tax Credit is now available to businesses working in this industry.
  • Based on the number of companies currently working with interactive digital media in Newfoundland and Labrador, the Provincial Government expects to invest approximately $1 million in this tax credit.
  • The Interactive Digital Media Tax Credit will provide a 40 per cent refundable provincial tax credit on eligible salary and remuneration expenditures to IDM companies in the province incurred on or after January 1, 2015.
  • The Provincial Government continues to put money back in the pockets of Newfoundlanders and Labradorians through tax measures. Last year alone residents and businesses benefited from approximately $700 million in tax measures, including enhancements to the seniors' benefit, reductions in the small business corporate income tax rates, and low income tax reductions.

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Media contacts:

Jennifer Tulk
Director of Communications
Department of Finance and Human Resource Secretariat
709-729-6830, 728-4104 
jennifertulk@gov.nl.ca
Tansy Mundon 
Director of Communications 
Business, Tourism, Culture and Rural Development 
709-729-4570, 693-1865
tansymundon@gov.nl.ca

SubC Imaging is excited to reveal a suite of 4K equipment to increase inspection quality and effectiveness

11 September 2015

Click here to see the release on the SubC Imaging Website.

2015/8/26 - SubC Imaging is excited to reveal the latest result of its constant push for innovation and research - a suite of 4K equipment which dramatically increases inspection quality and effectiveness.

Click here to view a video of the SubC Full 4K Suite.

SubC 1Cam 4K

  • Uncompressed 4K live video transmission over fiber optics
  • 4K Ultra HD Video at 30 fps internal Recording
  • 20 Megapixel Stills and Strobe Sync
  • 1″ Back-illuminated CMOS Sensor
  • Zeiss Vario Sonnar T* Lens
  • 18x 4K Optical Zoom
  • Manual and Auto focus system
  • High Speed 120 fps Recording

 SubC DVRO 4K

  • 4K Ultra HD Video, Overlay, Blackbox, Streaming and Dive Log
  • SubC Certified - Large Capacity SSHD for 4K extended recording
  • Hot Swap bays to quickly change out Solid State hard drives
  • 4K to HD down-conversion options to save space and create ultra sharp HD video
  • 8MP DVR framegrabs 
  • All new features included in the latest SubC DVR software release.

Aquorea Strobe (for photography)

  • Efficient: 4800 Lumen output at only 54 Watts of power
  • Multi-purpose: Synchronization as a strobe or lamp directly from 4K camera
  • Durable: Virtually zero maintenance with a greater than 60,000 hour lifespan

48 Hours in the Valley Nominations are Now Open!

11 September 2015

Are you a Canadian entrepreneur? We're accepting nominations from outstanding startups for the Winter 2015 48hrs Cohort.

 December 7-9, 2015
San Francisco

Learn More about 48Hrs in the Valley

What is 48Hrs in the Valley?

Each year, we invite 20 of Canada's top startups for 48 hours of unparalleled access to the C100's extensive network in Silicon Valley. In the Valley, the selected startups are mentored by successful entrepreneurs, taught by some of the most influential minds in the ecosystem, and introduced to top American VC's and investors. 

What are the criteria?

Below are the guidelines we follow when looking for the most promising startups to be included in 48Hrs in the Valley: 

  • Must have active users (not in beta)
  • Meaningful traction and anticipated growth projections over the next 24 months
  • Exceptional team
  • Significant funding 

What is the application process ?

Companies must receive a nomination from a C100 Funding Partner, Charter Member or 48Hrs alumni. All of our Charter Members, partners and alumni receive a link to the nomination form and a special code that they use to nominate companies.

What happens after a company has been nominated?

Companies will receive a link to an application form which they must fill out and return in order to be considered. 

What do I have to include in the application?

All the typical information regarding your company and product should be included (e.g. traction you've received to date and how you are uniquely positioned to be the clear winner within your market (Unique Selling Proposition). Differentiate yourself from other companies as much as possible by examining and highlighting your strengths and the value you add to your industry.

When will I know if I am selected?

Final applications close on September 25th, 2015 and we will begin our selection review process immediately thereafter. We will announce the companies selected during the week of October 26th

What if I am not selected?

All companies that apply will be notified either way once the final cohort is selected. 

What if I don't know someone from the list of nominators? 

This is the perfect time to introduce yourself! Remember:

  • All C100 partners are listed on the website with contact information so you can easily reach out to them. 
  • You can look at the list of C100 Charter Members to see if you know anyone that could nominate you. 
  • If you know a past 48Hrs alumni, reach out and tell them you're interested in applying. 

Visit our 48 Hours in the Valley webpage with a list of additional FAQs.

 

Interested in getting nominated for 48Hrs in the Valley? Contact Natasha Hudson, NATI for more information at 757-3253 or natasha@nati.net 

Startup Canada Issues Call-For-Proposals to Secure Co-Working Spaces for Entrepreneurs

08 September 2015

http://www.startupcan.ca/2015/09/startup-canada-issues-call-for-proposals-to-secure-co-working-spaces-for-entrepreneurs/

September 8, 2015 - Startup Canada issued a  call for proposals today to partner with grassroots, entrepreneur-led co-working spaces, incubators, and makerspaces across Canada that will create or provide physical spaces for Startup Canada Members to start and grow their businesses.

"Co-working spaces help entrepreneurs save resources, collaborate with like minds, and anchor their companies in the community," said  Victoria Lennox, CEO of Startup Canada. "The partnerships established through the  Startup Canada Startup Space Fund  will give entrepreneurs across Canada easy access to innovative places to work, whether they are travelling for business and need a hot desk, or want to move from the kitchen table to a professional office."

The spaces will be made available to entrepreneurs through the Startup Canada Passport, a component of the Startup Canada Membership Program.  Recipients of the fund will become official Partners of the Startup Canada Membership Program and be identified as Preferred Partners to help facilitate further lead generation for the spaces.

To be eligible for funding, spaces must be centrally located in the business district of a city or town in Canada and include a desk, chair, Internet access, and access to common areas. Startup Canada will allocate funds based on regional demand, the innovative nature of the space, and additional benefits provided to Startup Canada Members.

The  Startup Canada Startup Space Fund,  supported by industry leaders  TruShield Insurance Intuit Canada UPS and  TELUS, is the second investment initiative released by Startup Canada in 2015. Earlier this year, Startup Canada announced the recipients of the Startup Canada Community Investment Fund, which supports high-impact, entrepreneur-driven initiatives that foster new opportunities and greater connectivity of entrepreneurs to support, investment, customers, and supply chains.

Proposals for the  Startup Canada Startup Space Fund are due October 7. Startup Canada also welcomes the donation of space from established incubators and accelerators. The successful partners will be announced this fall during Startup Canada's #EveryEntrepreneur Tour, which will support and celebrate entrepreneurs and community builders through announcements, workshops, launch parties, and pitch contests across the country.

For more information, visit  startupcan.ca/startup-space-fund .


Press contact:

Kathryn Forrest
Communications and Marketing Manager, Startup Canada
613-627-0787 x106
kathryn.forrest@startupcan.ca


About Startup Canada

Startup Canada is a grassroots network of entrepreneurs working together to build an environment for entrepreneurship in Canada. Through online platforms, grassroots Startup Communities and cross-sector initiatives, Startup Canada is advancing entrepreneurial momentum and a culture of entrepreneurship, as the voice of Canadian entrepreneurs.

Unscripted Twillingate Digital Arts Festival

25 August 2015

FOR IMMEDIATE RELEASE:
Twillingate, Newfoundland & Labrador
August 25, 2015

TICKETS NOW AVAILABLE FOR PURCHASE!
UNSCRIPTED TWILLINGATE DIGITAL ARTS FESTIVAL

21- 26 SEPTEMBER 2015

Grow Twillingate Inc is proud to present Unscripted Twillingate, Atlantic Canada's first digital arts festival, happening 21-26 September in Twillingate, NL.

Tickets are now available for Unscripted Twillingate Digital  Arts Festival. This weeklong celebration of digital creativity through interactive workshops from  leaders in the field will guide participants to create content while  adventuring on Twillingate Island.

Participants will learn from  professionals and from  each other, then create, share, and celebrate the best digital creativity of the week whether they create content with a smart phone, a tablet computer, or high end gear. There is something for everyone from  9 to 90!

Presenters include Dr. TA Loeffler (capturing adventure), RogerMaunder (filmmaking), DeanStairs (music recording), Tara Feener (iPad art/100 days of NL project), Mariellen Ward (travel blogging), Terrance Hounsell (light painting), Dennis Minty (nature photography), and star of Cold Water Cowboys Richard Gillett; chefs Shaun Hussey & Michelle LeBlanc of Chinched Bistro will prepare our "From the Bog and the Bay" Edible Feast; guitarist Lloyd Bartlett will provide entertainment at our "Wine-d Up" opening and award-winning singer/songwriter Sherman Downey will close out  the festival at our  "Wine-d Down" gala.

Ticket  prices: Week Pass ($199), Day Pass ($50), Workshop $35 ($50  filmmaking), Kitchen Party ($15), Edible Feast ($50), Film Festival ($15), Wine-d Down Gala ($50)

Tickets can  be purchased online by visiting:  www.unscriptedfestival.com/tickets

To see our  full schedule and additional information please visit: www.unscriptedfestival.com/program

 

MEDIA CONTACT

Greg White
(709) 730-4929 cell, (709) 884-1427 office
greg@unscriptedfestival.com

 

UNSCRIPTEDFESTIVAL.COM

Next Gen Den Auditions Are On Now

21 August 2015

-AFTER A SUCCESSFUL FIRST SEASON, THE WEBISODES ARE BACK & CASTING IS NOW OPEN-

July 31, 2015-Are you a young entrepreneur in need of money to fuel your start-up, idea or small business? Then apply online for a chance to pitch on the next installment of NEXT GEN DEN, presented by Wolf Blass Wines.

Next Gen Den is Dragons' Den for an online world, featuring the next generation of Dragons.  Shorter and made for mobile, these webisodes are a launching pad for young entrepreneurs, pitching start-ups and early-stage businesses to investors with the knowledge and cash to take those companies to the next level.  But remember - the rules of the Den remain the same - pitchers must get all the money they ask for, or they walk away with nothing.   To be eligible, entrepreneurs must be 40 years old or younger.

Watch season 1 webisodes

Casting is now open with filming set to take place in Toronto in late September. Don't miss the chance to make your dreams a reality.  

APPLY HERE

DRAGONS' DEN is the highest-rated Canadian unscripted program on during the regular television season, with an average audience of more than one million Canadians each week. In addition to its success on-air, DRAGONS' DEN is also a hit online, boasting an active and engaged online community and averaging more than 650,000 page views per month. Full episodes and exclusive behind-the-scenes content can be viewed at cbc.ca/dragonsden.DRAGONS' DENis filmed at the CBC Broadcasting Centre in Toronto and airs Wednesdays at 8 p.m. (8:30 NT) on CBC Television. Tracie Tighe is executive producer and Amy Bourne and Molly Middleton are senior producers. Dianne Buckner hosts.

Find the show online at:
cbc.ca/dragonsden
facebook.com/dragonsden
@cbcdragon
#cbcdragonsden


About CBC/Radio-Canada

CBC/Radio-Canada is Canada's national public broadcaster and one of its largest cultural institutions. The Corporation is a leader in reaching Canadians on new platforms and delivers a comprehensive range of radio, television, internet, and satellite-based services. Deeply rooted in the regions, CBC/Radio-Canada is the only domestic broadcaster to offer diverse regional and cultural perspectives in English, French and eight Aboriginal languages.

A space for us all is CBC/Radio-Canada's new strategy to modernize the public broadcaster and ensure that it continues to fulfill its mandate for Canadians and for future generations. Through to 2020, it will increase its investment in prime time television programming, and continue to create radio programs of the highest quality, while promoting the development of digital and mobile platforms and content.

 

For more information including series synopses, press releases, hi-res images, video clips and bios, please visit the CBC Media Centre at cbc.ca/mediacentre. Follow CBC's publicity team on

Twitter @CBC_Publicity.

 

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For more information, please contact:
Kylie McGregor
Entertainment publicist, CBC
Ky
lie.McGregor@cbc.ca
416 205 8638 (
office) / 416 948 6181 (mobile)

Kraken Named to Marine Technology Top 100

19 August 2015

ST. JOHN'S, NL--(Marketwired - August 13, 2015) - Kraken Sonar Inc. (TSX VENTURE: PNG)  announced that its wholly-owned subsidiary, Kraken Sonar Systems Inc. has again been named by Marine Technology Reporter to the MTR 100 -- a list of the 100 most influential companies in the international marine technology marketplace.

This is the third year in a row that Kraken has been selected for the list. Kraken was one of 12 Canadian companies named and the only company selected from Newfoundland.

Marine Technology Reporter is the world's largest audited circulation magazine to cover the marine technology market. Each year the magazine evaluates and ranks marine technology companies worldwide to create the MTR 100 list. In the July/August 2015 issue, Kraken and other companies are profiled as the leading companies serving today's global marine technology industry. The issue is now available online at: 
http://www.marinetechnologynews.com/magazine

Karl Kenny, President and CEO of Kraken said, "We're thrilled about receiving this award and want to share it with our investors, our customers, and all our supporters. This award is a testament to the hard work of everyone at Kraken, and we intend to continue in a leadership role of helping to advance our industry. We extend our sincere appreciation to the editors and staff at Marine Technology Reporter for this wonderful recognition."

ABOUT KRAKEN SONAR INC.

Kraken Sonar Inc. (TSX VENTURE: PNG) is an industrial technology company, founded in 2012, that is dedicated to the production and sale of software-centric Synthetic Aperture Sonar (SAS) technology. The Company's products have been sold to leading defence contractors, commercial survey companies and research institutions for producing real-time, ultra high resolution imagery and bathymetry of the seabed. For more information, please visit www.krakensonar.com.

Neither the TSX Venture Exchange Inc. nor its Regulation Services Provide (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact:

Sean Peasgood
Investor Relations
(416) 565-2805
sean@sophiccapital.com

Greg Reid
Chief Financial Officer
(416) 818-9822
greid@krakensonar.com

Glenda Leyte
Marketing Manager
(709) 757-5757 extension 288
gleyte@krakensonar.com

Bring your Ideas to Market: Genesis Centre Seeks Applicants for Evolution Pre-Incubation Program

28 July 2015

July 28, 2015

The Genesis Centre today announced that they are accepting applications for their Fall 2015 Evolution program.  Are you working on an idea for a product, company or service? Evolution is an eight-week intensive workshop to help entrepreneurs develop their ideas and refine their business models. The program is ideally suited to early stage entrepreneurs who have a technology-based business idea.

Completed in three phases, the program is derived from best practices and integrates e-learning, in-person workshops and customer interviews. It blends the Lean Startup movement with programs from the Silicon Valley, including Google's "Startup NEXT" program.

Evolution enables participants to validate their ideas and identify potential markets, while enabling them to quickly learn if their business model will work. At the end of the eight weeks, entrepreneurs have the opportunity to promote their venture to a panel of industry experts during "Pitch Night."

"Whether you're planning to apply to the Genesis Centre's incubation program or need objective feedback on your product idea, the Evolution program helps you reach that goal. The eight-week program delivers what would normally take a year or two for an entrepreneur to experience in the real world," said Greg Hood, president and chief executive officer, Genesis Centre. "Ultimately, it optimizes an entrepreneur's chances of success in the market," he added.

Past participants in Evolution include HeyOrca, a social media platform developer, as well as B Sharp!, which was founded by a local musician whose goal is to teach children and musicians how to read music.

The deadline for applications is September 11, 2015.  Interested parties can apply at  http://www.genesiscentre.ca/evolution-program .

The program fee for Evolution is $50 per team member, which goes directly toward covering program logistics.

About the Genesis Centre

The Genesis Centre, located at Memorial University, is an incubator for technology-based ventures with high-growth potential. It is one of the top ranked incubators in Canada and was named Canadian Incubator of the Year in 2011. Since the Genesis Centre was founded in 1997, it has helped almost 60 start-ups raise more than $85 million in private equity. Genesis alumni are among the leading start-ups in Atlantic Canada and include Verafin, Rutter Technologies, Avalon Microelectronics (acquired by Altera), Solace Power, SubC Imaging, EMSAT, ClearRisk, Genoa Design and Virtual Marine Technology. For more information, please visit www.genesiscentre.ca

Provincial Investment in Tech Company Verafin to Produce New Skilled Jobs

21 July 2015

http://www.releases.gov.nl.ca/releases/2015/btcrd/0721n01.aspx

As part of an ongoing commitment to encourage economic diversity and support the growing technology sector, the Provincial Government today joined with Newfoundland and Labrador-based Verafin, a recognized leader in financial crime detection and prevention software, to announce a major expansion for the company. Approximately 90 highly-skilled jobs will be added to the local market as a result of a joint investment between the Provincial Government and Verafin.

"It is vital that the Government of Newfoundland and Labrador invests in emerging sectors in order to diversify the economy and create an environment which supports entrepreneurs and increased employment opportunities. These are key elements of our government's Population Growth Strategy, as we work to create new and exciting opportunities in Newfoundland and Labrador. Technology companies like Verafin are generating wealth and growing the local knowledge-based talent pool, to the benefit of our entire province. This investment will provide skilled job opportunities and significant benefit to our economy.
- The Honourable Darin King, Minister of Business, Tourism, Culture and Rural Development.

Verafin has committed to approximately 354 person years of employment from new incremental hires in Newfoundland and Labrador over five consecutive years. In return, the Provincial Government is providing a total of $6 million to assist with wages for new hires. Along with $4.8 million from Verafin, and an investment from Spectrum Equity, a private equity firm based in Boston and Silicon Valley, the expansion project will create well-paying jobs, local economic spin-offs, and support growth in the overall sector. It is anticipated to return more than $3 million to the provincial treasury over a five-year period and based on projected payroll, will contribute a total economic impact of approximately $70 million.

This investment is in the form of a forgivable loan from the Investment Attraction Fund, and will be forgiven as the company reaches employment targets.

"Continuous improvement is key to keeping a step ahead of financial crime, so we strive to find the very best and brightest developers and engineers to further advance our solution. This new investment will fuel further product innovation and help position Verafin as the North American leader in cloud-based cross-institutional fraud detection and anti-money laundering collaboration software." 
- Raymond Pretty, Verafin co-founder and VP of Development

More information on Verafin can be found in the attached backgrounder.

Live Here, Work Here, Belong Here, A Population Growth Strategy for Newfoundland and Labrador, 2015-2025 is the Government of Newfoundland and Labrador's 10-year plan to support individuals and families. The strategy will ensure investments and programs are aligned to encourage individuals to choose Newfoundland and Labrador to live, work and raise a family. The Population Growth Strategy is supported by four action plans covering the main elements of population growth - workforce, families, communities and immigration. For more information visit www.gov.nl.ca/populationgrowth/

Budget 2015 includes approximately $44.4 million to support start-up businesses, emerging growth sectors, and regional development activities. This includes $13.5 million for initiatives to attract business to Newfoundland and Labrador. The Investment Attraction Fund is designed to attract investment to the province by providing financial assistance toward start-up or business expansion.

QUICK FACTS:

  • Approximately 90 highly-skilled jobs will be added to the local market as a result of a Provincial Government investment in the expansion of Verafin.
  • Verafin has committed to approximately 354 person years of employment from new incremental hires in Newfoundland and Labrador over five consecutive years. In return, the Provincial Government is providing a total of $6 million to assist with wages for new hires.
  • The Population Growth Strategy is supported by four action plans covering the main elements of population growth - workforce, families, communities and immigration. For more information visit www.gov.nl.ca/populationgrowth/

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Media contacts:

Tansy Mundon
Director of Communications
Department of Business, Tourism, Culture 
and Rural Development
709-729-4570
tansymundon@gov.nl.ca
Erin O'Brien
Director of Marketing
Verafin
709-749-5158
Erin.OBrien@verafin.com

BACKGROUNDER
Verafin a Recognized Leader in Financial Crime Detection and Prevention Software

Founded in 2003 by local entrepreneurs, Verafin is a St. John's-based company that sells fraud detection and anti-money laundering software to financial institutions, mainly in the U.S. It is a graduate of Memorial University's Genesis Centre, a facility which provides incubation services for new technology-based start-up companies.

Having grown to more than 200 employees, Verafin has been included in Canada's Top 100 employers, a list released annually by the Globe and Mail, as well as being named the Best Place to Work in Atlantic Canada.

Venture Newfoundland and Labrador Announces Investment in Sequence Bio

21 July 2015

http://www.releases.gov.nl.ca/releases/2015/btcrd/0721n03.aspx

Sequence Bio is the first company to benefit from Venture Newfoundland and Labrador, a venture capital fund established by the Government of Newfoundland and Labrador and managed by Pelorus Venture Capital Ltd. The fund is designed to provide greater access to capital for innovative entrepreneurs with high-growth potential start-ups.

"Our government established Venture Newfoundland and Labrador to support entrepreneurs and to encourage innovation and new business growth. Investments such as this are essential to fostering a more diverse economy and are a key factor in this government's Population Growth Strategy. I am pleased to celebrate today the first company to benefit from the fund, Sequence Bio. Their work shows a progressive business culture is alive and well in Newfoundland and Labrador." 
- The Honourable Darin King, Minister of Business, Tourism, Culture and Rural Development

On behalf of Venture Newfoundland and Labrador, Pelorus Venture Capital Ltd. is investing $300,000 in Sequence Bio, a health information and technology data and analytics company founded by Tyler Wish and Chris Gardner in 2013.

"We are pleased to announce this first financing by Venture Newfoundland and Labrador in Sequence Bio and we believe Sequence Bio is a great example of the type of company we expect to find and support in the years ahead. It's an exciting time to be an entrepreneur in Newfoundland and Labrador." 
- Tom Hayes, Pelorus Venture Capital Ltd.

Sequence Bio is a current client of the Canadian Technology Incubator in Boston which provides residence at the Cambridge Innovation Centre in Kendall Square as well as advisors from leading venture capital and biotech firms located in Boston.

"Sequence Bio is a Newfoundland and Labrador company that is aiming to be a global leader in the emerging paradigm of precision medicine. The recent financing led by Venture Newfoundland and Labrador accelerates our company's vision to improve patient care by enabling data-driven innovation in the field of precision medicine."
- Tyler Wish, Founder and CEO, Sequence Bio

The Provincial Government invested $20 million in two venture capital funds, Venture Newfoundland and Labrador and Build Ventures in 2014. The Venture Newfoundland and Labrador Fund is a venture capital fund solely for local business that will provide funding to support new start-ups and companies in the very early stages of their development. Along with a $10 million Provincial Government investment, the fund is supported by $2 million from BDC Capital and additional funding from private investors.

Live Here, Work Here, Belong Here, A Population Growth Strategy for Newfoundland and Labrador, 2015-2025 is the Government of Newfoundland and Labrador's 10-year plan to support individuals and families. The strategy will ensure investments and programs are aligned to encourage individuals to choose Newfoundland and Labrador to live, work and raise a family. The Population Growth Strategy is supported by four action plans covering the main elements of population growth - workforce, families, communities and immigration. For more information visit www.gov.nl.ca/populationgrowth/

QUICK FACTS

  • Sequence Bio is the first company to benefit from Venture Newfoundland and Labrador, a venture capital fund established by the Government of Newfoundland and Labrador.
  • On behalf of the fund, fund manager Pelorus Venture Capital Ltd. is investing $300,000 in Sequence Bio, a health information and technology data and analytics company founded by Tyler Wish and Chris Gardner in 2013.
  • The Provincial Government invested $20 million in two venture capital funds, Venture Newfoundland and Labrador and Build Ventures in 2014.
  • The Provincial Government's Population Growth strategy will ensure investments and programs are aligned to encourage individuals to choose Newfoundland and Labrador to live, work and raise a family. For more information visit www.gov.nl.ca/populationgrowth/

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Media contacts:

Tansy Mundon 
Director of Communications 
Department of Business, Tourism, Culture and Rural Development 
709-729-4570 
tansymundon@gov.nl.ca
Tom Hayes 
Managing Director 
Pelorus Venture Capital Ltd 
tom@pelorusventure.com 
709-701-0121, 902-441-3827
Karen Moores 
Sequence Bio 
709-697-0734 
Karen@sequencebio.co

Peer group to increase advancement of women in local technology sector; St. John’s chapter newest in Canada

16 July 2015

http://www.genesiscentre.ca/news-archieve/2015/7/16/peer-group-to-increase-advancement-of-women-in-local-technology-sector

The Genesis Centre at Memorial University is pleased to announce the newest chapter of the Women in Technology (WIT) Peer2Peer Group in St. John's.
 
The St. John's chapter has 28 members and is the newest of eight peer groups across Canada. The Newfoundland and Labrador Association of Technology Industries and the Newfoundland and Labrador Organization of Women Entrepreneurs are also involved with the initiative.
 
Women in Technology Peer2Peer is a national initiative offered by the Canadian Digital Media Network with sponsorship from Deloitte. It is designed to encourage the retention and advancement of women in technology roles or working for technology companies. As women are growing their footprint in the Canadian technology sector, only 30 per cent of the technology workforce is made up of women. Only 14.5 per cent of directors of Canada's 500 largest companies as ranked by the Financial Post are women.
 
"The Genesis Centre is excited to lead this group and we want to see more female founders of technology startups," said Michelle Simms, manager, incubation services, Genesis Centre, and leader, WIT Peer Group. "Less than eight per cent of Genesis Centre startups have been founded by women. We're working to change that. Our goal is to explore challenges, share insights and discuss best practices to increase the number of women in the technology sector.
 
The focus areas of the WIT St. John's chapter are encouraging peer learning, assisting in network building, providing mentorship to women in technology and providing a confidential environment for women to discuss business challenges and successes. 
 
The Genesis Centre is interested in recruiting women for the chapter. Specifically, it is looking for women who work for technology companies and women who work in technology roles for private enterprises. To learn more about the peer group, please contact Michelle Simms at (709) 864-2683.
 
About the Genesis Centre
 
The Genesis Centre is Memorial University's business incubator for technology-based ventures with high-growth potential. It is one of the top ranked incubators in Canada and was named Canadian Incubator of the Year in 2011. Since the Genesis Centre was founded in 1997, it has helped almost 60 startups raise more than $85 million in private equity. Genesis alumni are among the leading startups in Atlantic Canada and include Verafin, Rutter Technologies, Avalon Microelectronics (acquired by Altera), Solace Power, SubC Imaging, EMSAT, ClearRisk, Genoa Design and Virtual Marine Technology. Please visit www.genesiscentre.ca for more information.
 
About the Canadian Digital Media Network
 
The Canadian Digital Media Network (CDMN), a federal centre of excellence in commercialization and research, is dedicated to establishing Canada as a world leader in digital media (ICT + mobile) by creating and enabling connections and collaboration between entrepreneurs, companies, research institutes, government and intermediary organizations across the country. CDMN helps bring more digital media solutions to market to create more companies, jobs and wealth in Canada. Together, the network provides access to the knowledge, connections, services and support that digital media companies need to successfully innovate and market their companies at home and abroad.
 

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Media Contact: Libby Carew, Genesis Centre, (709) 725-7627 or libby@libbycarew.com.

EY names Atlantic finalists for the EY Entrepreneur Of The Year™ Awards

09 July 2015

http://www.newswire.ca/en/story/1568381/atlantic-region-s-legacy-building-entrepreneurs-advance-to-finalist-stage-of-the-ey-entrepreneur-of-the-yeartm-program

HALIFAX, July 9, 2015 /CNW/ - Accelerating growth, driving innovation and building a strong legacy are what Canadian entrepreneurs do, every day. This year, EY is celebrating the achievements of 28 entrepreneurial stars in the Atlantic region through the prestigious EY Entrepreneur Of The Year awards program.  

These inspiring category finalists were chosen by an independent panel of judges. One of these category winners will be named the overall Atlantic winner, who will compete with winners from four other regions - Pacific, Prairies,Quebec and Ontario - to become Canada's EY Entrepreneur Of The Year. The Canadian winner will go on to compete globally with more than 50 countries for the title of EY World Entrepreneur Of The Year in June 2016.

"We're so proud to present this year's group of finalists," says Ian Cavanagh, EY's Atlantic Entrepreneur Of The Year program director. "They push the boundaries, grow the Canadian economy and always give back to their communities. That's a lot to celebrate."

The Canadian Entrepreneur Of The Year program is in its 22nd year of recognizing, celebrating and telling the inspiring stories of the country's most impressive entrepreneurs from all areas of business and at different stages of their entrepreneurial journey. Award finalists are chosen based on their vision, leadership, innovation, financial success, personal integrity, and work in giving back to their communities.

The Atlantic winners will be announced at a gala on 8 October 2015.

More information
Follow @EYCanada, #EOY and #EOYAtlantic on Twitter for the latest event updates
Visit ey.com/ca/eoy for more program details and a complete list of category finalists and gala dates in the regions. 

The 2015 Atlantic EY Entrepreneur Of The Year finalists

Business-to-Business Products and Services

Bahram Mirzaagha
Autochoice Parts & Paints Limited | Dartmouth, Nova Scotia
http://www.autochoice.ca
A leading distributor of automotive aftermarket parts and paints for both domestic and foreign vehicles.

Mike Wahl
Definitions Health and Wellness Inc. | St. John's, Newfoundland and Labrador
www.definitionsonline.com 
Delivers health and wellness solutions through innovative and scientifically based methodologies that provide measurable and meaningful results.

Peter Toombs
Diversified Metal Engineering Ltd. | Charlottetown, Prince Edward Island
www.dmeinternational.com
Operating from Prince Edward Island, DME has become recognized as one of the premier suppliers of quality microbrewery systems.

Business-to-Consumer Products and Services

Laurie Jennings
Masstown Market Limited | Debert, Nova Scotia
www.masstownmarket.com
A combination of retail, food and beverage, and tourism - grocery, restaurant, bakery, liquor, produce, seafood, nursery products, gas station and event venue.

Brian Vallis
Piatto Pizzeria + Enoteca | St. John's, Newfoundland and Labrador
www.piattopizzeria.com
A restaurant with five locations in Atlantic Canada, serving authentic Neapolitan pizza and fine wine.

Judith Mackin
PUNCH INSIDE / TUCK STUDIO | Saint John, New Brunswick
www.judithmackin.ca
Three businesses under one umbrella -- PUNCH Productions (Marketing, PR, Events), PUNCH INSIDE (residential & commercial Interiors), and TUCK STUDIO (design & decor studio).

Roger King
Supplement King Canada | Dartmouth, Nova Scotia
www.supplementking.ca
A national franchise of sport nutrition supplement retail stores with 17 locations in 6 provinces.

Emerging Entrepreneur

Alex MacLean
East Coast Lifestyle | Halifax, Nova Scotia
www.EastCoastLifestyle.com
A clothing line created as a university class project. An initiative to sell 30 hoodies has now turned into 500,000 units sold in 55 countries around the world.

Melanie Caines
Nova Yoga | St. John's, Newfoundland and Labrador
www.novayogaonline.com
Offers various levels and styles of yoga classes, as well as a retail section, DVD/online classes, and international yoga retreats and vacations.

Pablo Asiron
RtTech Software | Moncton, New Brunswick
www.rttechsoftware.com
One of the few software companies that develops apps for operational intelligence in industrial facilities, helping manufacturing companies improve their asset availability and utilization.

Information technology

Yves Doucet
Dovico Software Inc | Moncton, New Brunswick
www.dovico.com
Provides proven time and cost saving solutions that have been embraced by thousands of the world's best known companies.

Tristan Rutter
Populus Global Solutions Inc | Fredericton, New Brunswick
www.populusgs.com
A developer that deploys health information systems and health reform projects. It's recognized by many of the world's thought leaders in health system strengthening as best-in-class.

Jamie KingRaymond Pretty and Brendan Brothers
Verafin | St. John's, Newfoundland and Labrador
www.verafin.com
An industry leader in cloud-based fraud detection and anti-money laundering (FRAML) software with a customer base of over 1,200 financial institutions across North America.

Media and Entertainment

Michael Donovan
DHX Media Ltd. | Halifax, Nova Scotia
www.dhxmedia.com
A global film and television company specializing in the production, distribution, broadcast and licensing of children's and family entertainment content.

George Donovan
Gogii Games Corp | Moncton, New Brunswick
www.gogiigames.com
Develops, publishes, and supports video games for the premium casual and free-to-play markets on mobile devices.

Frances Leary
Wired Flare Inc. | Halifax, Nova Scotia
http://wiredflare.com/
Uses online communication to tell stories that ignite meaningful conversations and generate a big impact. It's the first social media company in Canada to become a certified B Corporation.

Professional/financial services

Aubrey Palmeter
EastPoint Engineering | Halifax, Nova Scotia
www.eastpoint.ca
A civil engineering design and consulting firm with over 25 years of collective experience and an intimate knowledge of today's land development standards, environmental regulations and municipal statutes.

Jonathan Lewis
Eastport Financial Group Inc. | Halifax, Nova Scotia
www.eastportfinancial.com
Leaders in the financial planning field with a unique service standard in wealth management, tax and estate planning and insurance actuarial services.

John Budreski
Morien Resources Corp | Dartmouth, Nova Scotia
www.morienres.com
Recapitalized resource development company that adds shareholder value by negotiating with global companies and converting working interests to royalty interests.

Real estate/construction

Gordon Lahanky
Atlantic Commercial Properties Inc. | Moncton, New Brunswick
www.acpleasing.com
Moncton-based, family-owned business with over 30 years of experience in successful commercial real estate development and property management.

Angus MacCormack
J Angus MacCormack Enterprises | Summerside, Prince Edward Island
A family-owned and operated business with over 45 years of success in the residential real estate development and property management sectors.

Kevin King
KMK Capital Group of Companies | St. John's, Newfoundland and Labrador
www.kmkcapital.ca.
Offers residential and commercial development, property management and leasing; real estate investment and brokerage; and project management, construction, and engineering consulting services in Canada and the U.S.

Technology and Communications

Kent MacPhee
Advantage Communications Inc. | Charlottetown, Prince Edward Island
www.advantagecall.com
An outsourced call centre company providing tech support, help desk and customer care for high-growth and Fortune 1000 companies in the telecommunications and banking sectors.

Shawn Kersey
DWS Data Wiring Solutions | Halifax, Nova Scotia
www.datawiringsolutions.com
Provides communication products and services to residential and commercial markets, including Fibre-Op installations, structured cabling services and outside plant services.

Chad Collett and Adam Rowe
SubC Control Ltd. | Clarenville, Newfoundland and Labrador
www.subcimaging.com
An ocean technology company that is focused on providing underwater imaging systems for harsh environments.

About EY Entrepreneur Of The Year™
EY Entrepreneur Of The Year is the world's most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential, and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, EY Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 140 cities in 50 countries.

The 2015 Atlantic independent  judging panel consists of Ben Cowan-Dewar, Managing Director, Cabot Links Venture Inc. and Entrepreneur Of The Year Hospitality and Tourism category winner 2014, Atlantic; Robert Crosbie, Chairman, Crosbie Group Ltd. category winner and Entrepreneur Of The Year Overall winner 2014 Atlantic; Philip Fraser, President & CEO, Killam Properties Inc.; Iris Petten, President, Petten Holdings Inc. and Robert Youden, Partner, Savarin Consulting Limited.  

This year's national program sponsors are National Post, TEC Canada, La Presse, RDI, TMX, Merrill DataSite, Kira Talent, Air Canada, The Printing House Limited. Atlantic regional sponsors are Progress Media, Royal Bank ofCanada and McInnes Cooper.

About EY's Strategic Growth Markets Network 
EY's worldwide Strategic Growth Markets Network is dedicated to serving the changing needs of high-growth companies. For more than 30 years, we've helped many of the world's most dynamic and ambitious companies grow into market leaders. Whether working with international mid-cap companies or early-stage venture-backed businesses, our professionals draw upon their extensive experience, insight and global resources to help your business succeed.

About EY
EY is a global leader in assurance, tax, transaction and advisory services. For more than 150 years in Canada, we've delivered the insights and quality services that help build trust and confidence in capital markets here and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

For more information about the program, FAQs and key dates, please visit ey.com/ca/EOY.
Follow us on Twitter @EYCanada, #EOY

EY refers to the global organization and may refer to one or more of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.

SubC Imaging equipment part of HMAS Sydney shipwrecks expedition

03 July 2015

SubC Imaging have worked with Curtin University and the Western Australian Museum to successfully survey the shipwrecks of Australian warship HMAS Sydney (II) and the German raider HSK Kormoran in the Indian Ocean 200 km west of Shark Bay, Western Australia. The water depth at the site is approximately 2500m.

One of SubC's latest products, the 1Cam 3D was used in the mission providing outstanding footage of the shipwrecks.

Dr. Andrew Woods, Research Engineer at the Centre for Marine Science & Technology at Curtin University commented, on the camera's capabilities:

"The ability to perform 3D zoom provided by your cameras was an important feature we especially wanted on the mission"

The  1Cam 3D features real 10x optical zoom even in 3D mode. This allows full use of the sensor at all times. At far zoom levels the light sensitivity and image quality do not change unlike digital zooms. This feature and its two Full HD sensors, allow to capture true 1920×1080 3D video.

The HMAS Sydney, a light cruiser of the Royal Australian Navy was lost after combat with the German raider HSK Kormoran in the Indian Ocean off the Western Australian coast during World War Two. The loss of the Sydney with its full war complement of 645 remains Australia's worst naval disaster.

The expedition has captured unique footage of the wreck sites, providing a much clearer explanation of how HMAS Sydney was so comprehensively destroyed with the loss of everyone on board.

Alec Coles, CEO of the Western Australian Museum, said this about the mission's challenges:

"You were all involved in completing a mission that was fiendishly complex, exceptionally pressured, delicately sensitive but, above all, extraordinarily successful."

SubC Imaging's goal is to keep raising the bar on the development of cutting edge underwater imaging systems that will continue to reveal the secrets of the unexplored subsea habitat, contributing to a better understanding of the underwater world and its immeasurable resource potential.

For more information visit:

http://news.curtin.edu.au/media-releases/new-images-confirm-the-fate-of-hmas-sydney-ii/

http://museum.wa.gov.au/explore/sydney

 

Camouflage Enhances Intelligent Data Masking

25 June 2015

New features improve workflow and accelerate the delivery of secure data

St. John's, NL, June 25, 2015 -

Camouflage Software Inc., an industry recognized pioneer in the field of sensitive data masking, is pleased to announce the latest release of its flagship Camouflage Enterprise™  Data Masking software.

The latest release, Version 4.4, introduces workflow enhancements that streamline the process of leveraging sensitive data discovery to automatically inform data masking rules. A series of enhancements were made within this version, including a number of performance accelerators, and support for Java 8.

"With this latest release of Camouflage, we continue to demonstrate our commitment to delivering intelligent data masking with unparalleled ease of use", says Kevin Duggan, President and CEO, Camouflage Software Inc. "By continually making it easier for customers to protect sensitive data, we enable them to unlock the tremendous value of their information assets."

Detailed highlights of Camouflage Enterprise™ 4.4 include:

-  Enhancements to the core discovery workflow featuring streamlined out-of-the-box delivery of search rules to find common sensitive data for verticals such as Health, Education, and Financial Services.
-  Simplified application of discovery search results via suggested masking rules. Driven directly by the discovery process, these "Masking Strategies" are automatically applied to accelerate the overall masking process.
-  Numerous performance and process enhancements were made with this release including significant improvements in overall runtimes for SQL Server.
-  Support for Java 8 has also been added with this release.

To learn more about Camouflage Enterprise™ v4.4 or obtain your upgrade contact us directly at 1-866.345.8888 or info@datamasking.com

About Camouflage
Camouflage Software is recognized by Gartner and Bloor Research as a leading expert and pioneer in the field of sensitive data management, security, and data masking. The company's innovative, customized, and experience-driven approach has helped many fortune 500 companies protect their sensitive data, and corporate reputations. Camouflage specializes in fortifying the defenses for those industries most targeted for data breaches-finance, insurance, education, and healthcare-with proven results.
Camouflage's world-class solutions offer identification, classification, and anonymization of sensitive information in both test and production environments. This enhanced level of security allows organizations to comply with increasing legislative and industry requirements surrounding data management, while combating the increasing threat of cyber-attacks and data breaches.

Camouflage-Defending Data

For more information or to contact Camouflage, call 1-866-345-8888, or visit www.datamasking.com.

New Digital Issues and Strategy Management Program by MooresWoodland Launched in St. John’s

24 June 2015

MooresWoodland, a digital issues management and strategy firm, is proud to announce an exclusive, one-of-a-kind professional development education series of pop-up workshops in St. John's this summer. This content will be delivered nationally by MooresWoodland this Fall; local business leaders, can experience this one-of-a-kind digital issues management curricula first in the country.

"NATI represents leaders, decision makers and rising stars in the technology industry in Newfoundland and Labrador. Offering the technology community in our province first-access to content and counsel that enhances competitiveness in their market and removes risks in an rapidly-changing social and digital space and adds value to the NATI membership. MooresWoodland is an opportunity for our members and partners to install a culture of promoting and protecting as they grow their digital strategy."- Ron Taylor, CEO of NATI

The workshop series begins June 25 and continues through August with case-based sessions focusing on the intersection between public relations, law and privacy.

'This series is a part of our national offerings to provide counsel and strategy that enables business leaders to promote and protect their brand in the fast-moving digital world. Our team boasts backgrounds in PR, law, privacy, technology leadership and digital media and we strive to solve your digital issues with just one call.' - Karen Moores and Mandy Woodland, MooresWoodland

MooresWoodland is a national digital issues management and strategy firm based in Newfoundland and Labrador. Founded by Karen Moores, PR + Digital Partner, and Mandy Woodland, Legal Education + Privacy Partner, MooresWoodland offers Canada's top leaders and both established and growing brands strategic counsel on digital issues and trends of the day as they relate to public relations, law, privacy and digital media.

NATI is a not-for-profit industry association representing the province's advanced technology sector.

NATI provides leadership to the technology sector through policy development and advocacy activities. Additionally, NATI works to connect key players in the industry through networking events and regular industry communications.

#promoteandprotect

Dyanna McCarthy                                              Brittany Brinston
dyanna@nati.net                                               brittany@mooreswoodland.com
709-757-3251                                                   709-693-7467

Prima Information Solutions: 20 Years Achieving Data Harmony

22 June 2015

Prima 20

Genesis Centre expands to Holyrood’s Beachhead Innovation Center & Suites

12 June 2015

The Genesis Centre is pleased to announce that it is expanding into the Town of Holyrood at the BeachHead Innovation Center and Suites on Salmonier Line, Holyrood. Genesis Centre clients and graduates will be able to work out of "the BeachHead" space beginning this month.

The BeachHead will provide Genesis Centre companies with strategic access to oceans research facilities and opportunities for collaboration with the Marine Institute's Holyrood Marine Base. The Genesis Centre's vision is that the space will be a resource to support the growth of its clients. At the same time, it will help build an oceans technology cluster in Holyrood and support the Town's Oceans Holyrood Initiative (OHI).

"Having a physical space in Holyrood will allow our clients, such as Whitecap Scientific and their remotely-operated underwater vehicles, to have a base from which to work and somewhere to store their equipment while they are doing field tests," said Greg Hood, president and chief executive officer, Genesis Centre.  "It will also enable them to connect and collaborate more easily with other ocean technology companies inside and outside the province."

"The BeachHead space here in Holyrood is clearly the next logical step in our Oceans Holyrood Initiative. It has long been our vision to become an active partner in the building of our Oceans sector; the presence of the Genesis Centre is affirmation of our vision to diversify our economy by building a strong connection to the innovative developments in ocean technology and development.  We are ready to take our place and move forward with our partners to become leaders in cold ocean innovation and research," said Mr. Gary Goobie, mayor, Town of Holyrood. "Within a 50-km-radius, we have some of the best research facilities and brightest minds in the world. We are delighted to welcome the Genesis Centre to the facility."

 "The Marine Institute's Holyrood Marine Base is the portal to the ocean for the Memorial University community and supports innovative oceans education and research taking place in our province's ocean technology sector," said Glenn Blackwood, vice-president, Memorial University (Marine Institute).  "We are delighted the Genesis Centre is taking a lead role in opening opportunities for its clients to leverage the unique capabilities, services and facilities that the Town of Holyrood has to offer."

 "The Oceans Holyrood Initiative (OHI) is both a contributor and beneficiary in Newfoundland and Labrador. We have been strategically building our oceans initiative through consultation with others in the sector," said Gary Corbett, chief administrative officer, Town of Holyrood. "We are excited by the opportunities being created through our strategic partnership building. As we begin to stand tall among those who are championing this sector, we are ready to fully engage with them in the oceans sector to further develop our cold water innovation and research park. The future is ours to craft and we are delighted Genesis is going to join us as we begin the design of the future oceans for our region."

 The Genesis Centre has had many clients and graduates working specifically in the area of ocean technology, such as Whitecap Scientific, SubC Imaging, EMSAT, Virtual Marine Technology, Genoa Design, Blue Oceans Satellite Systems, Rutter Technologies, Canatec and Grey Island Energy.  It is anticipated that a number of these will benefit from access to the space in the BeachHead.  Further, Genesis clients and graduates working with other technologies will also be able to use the space.

About the Genesis Centre

The Genesis Centre, located at Memorial University, is an incubator for technology-based ventures with high-growth potential. It is one of the top ranked incubators in Canada and was named Canadian Incubator of the Year in 2011. Since the Genesis Centre was founded in 1997, it has helped almost 60 start-ups raise more than $85 million in private equity. Genesis alumni are among the leading start-ups in Atlantic Canada and include Verafin, Rutter Technologies, Avalon Microelectronics (acquired by Altera), Solace Power, SubC Imaging, EMSAT, ClearRisk, Genoa Design and Virtual Marine Technology. For more information, please visit www.genesiscentre.ca.

About the BeachHead Innovation Center and Suites

The BeachHead Innovation Center and Suites is a collaborative office space designed to facilitate the "landing" of companies coming to do business in Holyrood, many of which are expected to be ocean technology companies. The BeachHead is part of the vision of the Town of Holyrood under the Oceans Holyrood Initiative (OHI). It is one prong of the OHI model for regional economic diversification which includes the Marine Institute's Centre for Applied Ocean Technology (CTec) and an oceans-centric business park in the Town of Holyrood.  For more information, please visit www.comeashore.ca.

 

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Media Contacts:

Libby Carew
Genesis Centre
709-725-7627
libby@libbycarew.com

Gary Goobie
Mayor, Town of Holyrood
709-229-7252

zedIT Solutions Expands Longstanding IT Partnership with Leading Global Satellite Services Provider, Inmarsat

05 June 2015

St. John's, NL - June 4, 2015 - zedIT Solutions, a provider of Information Technology services headquartered in Canada, announced today that it has entered into a three (3) year term Application Management contract with Inmarsat, the leading provider of global mobile satellite communications services.

The agreement includes software application design, development and support, and other related IT services for Inmarsat's global operations.  Services are executed both on site at Inmarsat locations and from zedIT's delivery operations globally.

zedIT will implement and deliver within a governance model based on measurable key performance indicators for quality, efficiency, resource utilization and cost.

"We are excited that Inmarsat has decided to commit to a partnership with zedIT, entrusting a portion of their IT investment in our ability to deliver premium application management and IT services", said Gerard Duggan, Vice President, zedIT Solutions.

Through this partnership, Inmarsat is able to focus on its core business priorities, while zedIT executes on the underlying supporting systems. Leveraging zedIT's global team and agile delivery models, Inmarsat is able to reduce IT costs, while enhancing its capabilities through business process automation and lean operational management.

"The nature of this relationship, and its steady growth over the last several years is a testament to our ability to deliver measurable value to our clients - as we are able to get things done for Inmarsat" stated General Manager, Brian Hillier of zedIT. "This agreement also accelerates zedIT's planned European expansion."

"Partnering with zedIT and leveraging their capabilities and capacity allows us to best deploy our resources to core initiatives" said David Thornhill, Vice President, Partner Platform and Business Application, Inmarsat. "We see zedIT as an extension of our own in-house team and are pleased to expand our relationship with them to help us achieve our business goals. zedIT is a valued advisor and partner to Inmarsat, contributing to our business innovation and growth over the long term."

 

About zedIT Solutions

zedIT is a leading IT services, consulting and business solutions organization and a Group zed company. They have been providing both Strategy and Execution for Large Enterprise clients in the public and private sector for more than twenty years. By combining that Strategy and Execution experience with a flexible and pragmatic approach, they help each customer capitalize on the promise of technology.

About Inmarsat

Inmarsat is the leading provider of global mobile satellite communications services. Since 1979, Inmarsat has been providing reliable voice and high-speed data communications to governments, enterprises and other organizations, with a range of services that can be used on land, at sea or in the air. Inmarsat employs around 1,600 staff in more than 60 locations around the world, with a presence in the major ports and centers of commerce on every continent.

# # #

For more information Press Only:

sarah.coish@gzed.com

NLOWE Announces new Supplier Diversity NL Initiative

04 June 2015

St. John's, NL -NLOWE announced the new Supplier Diversity NL initiative that will provide opportunities and benefits for both corporations and women-owned business within the province.

Supplier Diversity is a business program that encourages the use of diverse-owned vendors, including women-owned businesses, as suppliers to corporations and governments.

"At Supplier Diversity NL, we're committed to a bold new vision of connections," said Paula Sheppard, Chief Executive Officer, NLOWE. "Our goal is to diversify the pool of suppliers that enterprises choose from, and encourage more women-owned businesses to put themselves forward for large contracts. The talent and skill is there."

A relatively new concept in Canada, Supplier Diversity programs can be a powerful tool to help enterprises and women-owned businesses alike explore new opportunities for revenue growth. "Supplier Diversity NL will aim to educate both from the corporate side as well as the women-owned business side, in order to promote the effectiveness of supplier diversity programs to both parties," said Ms. Sheppard, Chief Executive Officer, NLOWE.

Within Newfoundland and Labrador, many large projects such as Hebron and White Rose Extension have government mandated diversity initiatives in their benefits agreements for the projects. Additionally there will be increased potential for more opportunities as a result of projected future oil & gas and mining developments on the horizon. Supplier Diversity NL will assist in initiating mutually beneficial connections between corporations and women-owned businesses that may not have happened otherwise. Now is the time to access opportunities in a broad range of industries including oil and gas, mining, and energy.

 For more information, visit www.supplierdiversitynl.com

 

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About The Newfoundland and Labrador Organization of Women Entrepreneurs (NLOWE)

NLOWE is a provincial organization that assists women to start, grow and advance businesses in Newfoundland and Labrador. The organization works with a variety of municipal, provincial, national, and international partners to ensure women have the skills, knowledge and opportunities to make a positive economic impact on local economies. With a province-wide network of members and partners, NLOWE helps women in business make connections that will assist them to grow their businesses. www.nlowe.org

 

Media Contact

Deborah Inkpen
Marketing & Communications Co-ordinator, NLOWE 709.754.5455
dinkpen@nlowe.org

Bell Aliant announces $10.5 million expansion for St. John’s data centre

02 June 2015

June 2, 2015- Bell Aliant has increased the capacity of its St. John's data centre by 10 times with a $10.5 million investment that also improves efficiency, security and reliability, with built-in flexibility to more than double the facility's 400kW capacity to meet future demand. 

"We have invested heavily in data centre infrastructure to answer exploding demand in Newfoundland and Labrador and around the world," said Dan McKeen, Vice Chair and Senior Vice President Residential Services, Bell Aliant. "Customers want to host data efficiently and close by, stored and managed in safe secure facilities and attended by the best ICT experts in the business. Our data centre network is built to meet this need, delivering peace of mind for customers, while keeping and growing business here in Atlantic Canada."

Bell Aliant is the region's leading data centre provider with investments of more than $80 million in the past six years to expand and enhance its data hosting services in the region. As part of Bell's national network of data centres, and backed by 30 years' experience, the St. John's centre delivers value-added enterprise and professional services, including capacity management, disaster recovery planning, security, monitoring, managing and networking services to customers across public and private sectors and regional, national and international markets.

"Data centres are an important element in the growth of Newfoundland and Labrador's ICT sector," said Mandy Woodland, Chair of the Newfoundland and Labrador Association of Technology Industries. "Modern data centres are infrastructure critical to supporting a thriving technology sector in this province, enabling companies to stay here, grow their businesses and compete on a global scale."

With Bell Canada and Q9, Bell Aliant is part of a national network offering customers access to 26 high capacity data centres, more than any other operator in Canada. As a result, customers enjoy unparalleled reach, reliability, capacity and scalability.

The Bell Aliant St. John's data centre is built to withstand the most severe weather and has complete redundancy safeguards on all vital infrastructure components:

  • Security: Internal and external video surveillance, controlled access, onsite 24/7 security station.
  • Network: The data centre is supported by Bell Aliant's nextgen fibre network, one of the most reliable and fastest networks in the world.
  • Capacity and durability: The data centre is built to support the most demanding capacity needs. Reinforced floors easily handle cabinets that hold up to 2,500 pounds (1,134 kg) of hardware and store approximately 1 billion emails.
  • Reliability: During commissioning of the facility, independent testing of every system in the building is conducted by installing temporary "load banks" that simulate the full load of energy including heat, electricity and other factors.
  • Scalability: The data centre was built with a view to the robust and growing demand for data hosting facilities. It can more than double its capacity for future needs.

 

About Bell Aliant

A part of BCE (TSX, NYSE: BCE), Canada's largest communications company, Halifax-based Bell Aliant provides residential, business and government customers in Atlantic Canada with advanced communications services including FibreOP TV and Internet, Bell Satellite TV, wireless, home phone, data, video and value-added business services. For more information, please visit BellAliant.net.

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College of the North Atlantic establishing Centres of Excellence for Heavy Equipment Industrial Trades, and Media Arts Programs

22 May 2015

In an effort to better meet the demands of students and industry, College of the North Atlantic (CNA) will be establishing a Centre of Excellence for Heavy Equipment Industrial Trades at its Bay St. George campus on the province's west coast, and a Centre of Excellence for its Media Arts programs at the Prince Philip Drive campus in St. John's.
 
The college will expand opportunities for training within the heavy equipment industrial trades programs this coming September, while also ensuring the availably of graduates from several media arts programs to the industries that need them.
 
"We have experienced significant growth and demand for expanded industrial trades programs from industry, and tremendous demand from students for the training," said Ann Marie Vaughan, CNA's President and CEO. "Our ability to provide a qualified workforce for the industries in this province is dependent on our ability to produce graduates. The establishment of this Centre of Excellence at Bay St. George will allow us to achieve our mandate and graduate many more apprentices than we could under the existing training model.
 
"Current job vacancy analysis also indicates that employment opportunities consistently remain within the heavy equipment industrial trades," said Ms. Vaughan. "This will enable the college to be as responsive as possible to this growth area." 
 
The establishment of a Centre of Excellence for Heavy Equipment Industrial Trades will mean an increase in training opportunities for about 250 more students annually at the Bay St. George campus within the Heavy Equipment Industrial Trades programs.  These programs include:  Mobile Crane Operator, Heavy Equipment Operator, Heavy Duty Equipment Technician/Truck and Transport Mechanic, and Commercial Driver/Class 3 Driver. 
 
The Bay St. George campus is an ideal setting for Heavy Equipment Industrial Trades programs with a comprehensive heavy equipment field site supporting the Heavy Equipment Operator, Commercial Driver, and Mobile Crane programs.  The two square kilometre, multi-elevation site contains roadways, areas for excavation and construction, a commercial driver rally area, and maintenance support facilities. This site allows the students to obtain required seat time in a real-life setting.
In addition, the college will be creating a Centre of Excellence in Media Arts programming at the Prince Philip Drive (PPD) campus in St. John's. This will involve the clustering of Media Arts programs, some of which are currently in Bay St. George, at the St. John's PPD campus. Enrollment in the media arts programs has been in decline during the last number of years and feedback from students and industry indicates the programs will have expanded opportunities for experiential learning in the province's capital. These program offerings include: Music Industry and Performance, Sound Recording and Production, Video Game Art and Design, and Journalism, as well as Graphic Design and Graphic Communications.
 
"These Applied Arts programs have been very well recognized by industry in the recent past and students have met with considerable success.  Just this year, several students were recognized with nine East Coast Music Award nominations," said President Vaughan. "This shift will allow students in these high quality programs to make industry connections, and to be hands-on and practice what they are learning in a larger urban centre."
 
Industry response to the relocation of the media arts offerings has been positive.
 
"MusicNL has had the great pleasure of working with a few of the educators at College of the North Atlantic, and they have been very kind to MusicNL and supportive of our programs and initiatives," said Bonnie Fredau, Executive Director of MusicNL. "The programs this school has to offer show a great deal of diversity in the music industry. The opportunity to work more collaboratively with the faculty and students within the Music Industry and Performance program is exciting to hear. It will offer a great deal of opportunity for the students entering the program. MusicNL week is being held in St. John's this year from October 12-18, so their timing is amazing."
 
"The upcoming changes to the college's Video Game Design program are both incredibly exciting and quite welcome," said Colin Walsh, CEO and Founder at Celsius Game Studios in St. John's. "I feel that this program change, along with the recently announced Digital Media Tax Credit, are going to contribute greatly to a very bright future for the video game industry in Newfoundland and Labrador."
 
The programming changes are scheduled to begin in September of this year. 
 

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Media Contact:
 
Roger Hulan
Communications Specialist
College of the North Atlantic
(709) 643-7938
roger.hulan@cna.nl.ca

EDC Global Export Forecast

29 April 2015

The Global Export Forecast identifies the major forces acting on the world economy and their implications for Canadian exporters. It describes which foreign markets will offer the best opportunities for Canadian exporters for the coming year, and analyzes the sales outlook by sector. It also discusses the major risks faced by exporters.

The Global Export Forecast is produced twice per year in April and October.

Click here to learn more and to read the complete Global Export Forecast.

RDC to Invest up to $15 Million in Support of Arctic and Sensor Technology

17 April 2015

http://www.releases.gov.nl.ca/releases/2015/btcrd/0417n04.aspx

The Research & Development Corporation (RDC) is pleased to announce two funding programs to help businesses further their technology development and assist academic researchers with research and development (R&D) opportunities:

  • SensorTECH - a new program in support of sensor-related research, development and demonstration in Newfoundland and Labrador. Sensor-related technologies include radar, acoustics, optics, sonar, and related signal processing technologies. RDC will invest up to $5 million in eligible R&D projects over three years.
  • ArcticTECH -a renewed program in support of Arctic, cold ocean or harsh environment R&D. Arctic-related technologies apply to subsea processing, pipeline design, remote operations, ice management, oil-spill response, safety and environmental protection, and other challenges. RDC will invest up to $10 million in eligible R&D projects over the next five years.

"The global market for Arctic and remote sensing technologies is growing rapidly. ArcticTECH builds on our province's strength as a globally-competitive cold ocean research laboratory. SensorTECH focuses on supporting our R&D capabilities in an area of critical importance to our offshore, mining, ocean industries and environment sectors." 
- The Honourable Darin King, Minister of Business, Tourism, Culture and Rural Development

Both the ArcticTECH and SensorTECH programs provide up to $750,000 for business-led R&D projects with industry investment. ArcticTECH provides up to $250,000 for academic-led R&D projects where academic researchers collaborate with local or global technology providers. SensorTECH will provide funding to academic-led R&D projects through a competitive call for proposals which will close on November 19, 2015.

"RDC's goal is to enable technology commercialization and resource development, and to leverage local, national and international collaboration that drives research, development and deployment. These programs will support the R&D that enables companies to pursue new market opportunities." 
- Glenn Janes, Chief Executive Officer, Research & Development Corporation

Through the first ArcticTECH program launched in 2012, RDC has committed or invested $7 million over three years, and leveraged an additional $13.2 million investment from the private sector, Federal Government, and other sources. Through all investments related to energy, ocean technology and mining R&D, RDC has committed or invested $55 million since 2010, and leveraged an additional $173 million from other sources.

Research and development carried out under these programs contributes to long-term economic benefits by initiating new products and services, lowering operational costs, improving environmental monitoring, and enhancing safety and security. For detailed program information, visit rdc.org/funding/index.htm

QUICK FACTS

  • RDC is investing $5 million over three years in support of sensor-related R&D and $10 million over five years in support of Arctic, cold ocean or harsh environment R&D.
  • Sensor-related technologies include radar, acoustics, optics, sonar and related signal processing technologies. Arctic-related technologies support subsea processing, pipeline design, remote operations, ice management, oil-spill response, safety and environmental protection, and other challenges.
  • The programs will help solve local technical challenges and contribute to the development of products and services that can be exported around the world.
  • Additional information about RDC can be found at: www.rdc.org.

     

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Media contacts:

Tansy Mundon 
Director of Communications 
Department of Business, Tourism, Culture and Rural Development 
709-729-4570, 693-1865 
tansymundon@gov.nl.ca
Chris Flanagan
Director, Marketing & Communications 
Research & Development Corporation
709-758-1021, 691-1009 
chrisflanagan@rdc.org

Futurpreneur Canada Helps Start More New Businesses Than Ever Before

16 April 2015

For immediate release

TORONTO - (April 16, 2015) - Futurpreneur Canada is pleased to announce that it has helped launch 995 new businesses in communities across Canada in the past 12 months by providing financing and mentoring to young entrepreneurs. This represents a 24% increase compared to the last fiscal year, with an additional 195 new enterprises launched. In addition, Futurpreneur Canada's most recent demographic information shows a significant number of young women who are pursuing entrepreneurship. In the past 12 months, 39% of Futurpreneur Canada-supported businesses launched were solely owned by women. The currently reported national average for female-only owned small businesses is 13.5% .

"We're seeing more young people than ever turning to entrepreneurship as a career option, and with the support of public and private sector funders, community partners and mentors, we expect to help even more young entrepreneurs in the next twelve months," said Julia Deans, CEO, Futurpreneur Canada. "It's so important that we rally together to meet this need - these young entrepreneurs are critical to creating jobs, building communities and strengthening our economy."

Futurpreneur Canada is a national, non-profit that provides financing, mentoring and support tools to aspiring business owners aged 18-39. Since its inception in 1996, the organization has collaborated with all levels of government, corporate supporters and community partners to advance youth entrepreneurship in Canada and to help serve entrepreneurs in every sector and location across the country. As a result, the organization has invested in 7,500 entrepreneurs, who have created an estimated 29,800 jobs  and an estimated $217,000,000 in tax revenue.

For more information about Futurpreneur Canada, please visit www.futurpreneur.ca, like Futurpreneur on Facebook and follow @Futurpreneur on Twitter.

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About Futurpreneur Canada

Futurpreneur Canada (formerly the Canadian Youth Business Foundation, or CYBF) has been fueling the entrepreneurial passions of Canada's young enterprise for nearly two decades. We are the only national, non-profit organization that provides financing, mentoring and support tools to aspiring business owners aged 18-39. Our internationally recognized mentoring program hand matches young entrepreneurs with a business expert from a network of more than 2,800 volunteer mentors. Futurpreneur Canada is a founding member of the G20 Young Entrepreneurs' Alliance, the Canadian member of Youth Business International, and the Canadian host of Global Entrepreneurship Weekwww.futurpreneur.ca. Facebook: Futurpreneur Twitter: @Futurpreneur

For interview opportunities and media inquiries, please contact:

Meghan Paton
Futurpreneur Canada
416-408-2923 x 2207
mpaton@futurpreneur.ca

Verafin Recognized on the 2015 Best Workplaces in Canada List

10 April 2015

http://verafin.com/page/1174/verafin-recognized-on-the-2015-best-workplaces-in-canada-list

St. John's, NL - April 10, 2015

Verafin Inc., North America's leading cloud-based, cross-institutional FRaud detection and Anti-Money Laundering (FRAMLx) software provider, announced today that it was recognized on the highly prestigious Best Workplaces in Canada list for 2015. In addition, Verafin was also selected as one of the best workplaces in Canada for women. 

Over 300 nominees were considered in this year's rigorous process and of those, a total of 100 organizations were ranked for the 2015 Best Workplaces in Canada on the basis of their Trust Index© and Culture Audit© scores. The winners were announced this week at the 2015 Annual Conference & Awards Ceremony at the Metro Toronto Convention Centre. Verafin is proud to be on the list as it acknowledges the country's very best in workplace culture. 

Jose Tolovi Neto, Managing Partner of Great Place to Work® Canada, says: "Our global Best Workplace lists stand out from the rest as they follow strict methodologies carried out in all 52 countries in which we operate, and are the only lists to use employee comments for 2/3 of the ranking process. Having joined the program this year, and ranked as a Best Workplace for 2015, Verafin is well-equipped to stay ahead of the competition by creating a workplace that boasts a culture of trust, boosts productivity and ultimately increases their business performance."

Employees from all companies participated in a survey, and their feedback was heavily weighted in the decision-making process. Verafin's distinct leadership practices, all-inclusive human resource policies, and generous benefits are some of the reasons why Verafin made the 2015 Best Workplaces in Canada list. Employees praised a culture of trust and productivity bolstered by prominently upheld core values and a shared vision. 

"We are so proud to be selected as one of the best workplaces in Canada. At Verafin we believe that when employees are happy, they can outperform and really deliver for our customers." says Jamie King, Verafin CEO. "To be included on the 2015 Best Workplaces in Canada list confirms that we are doing things right, and it's an honor to be on this list alongside other great companies."

About Verafin Inc.
Verafin is an industry leader in cloud-based, cross-institutional FRaud Detection and Anti-Money Laundering (FRAMLx) software with a customer base of over 1200 financial institutions across North America. Its solution uses advanced behavior-based analytics that help financial institutions stay a step ahead of numerous types of fraud as well as the BSA, USA PATRIOT Act, and FACTA compliance landscape. Verafin is the exclusive provider of fraud detection and BSA/AML software for the California Bankers Association, Florida Bankers Association, Massachusetts Bankers Association, Illinois Bankers Association, CUNA Strategic Services, and has industry endorsements in 44 states across the U.S. For more information, visit www.verafin.com, email FRAML@verafin.com or call 866.781.8433.                

Contact: 
Kerri Cull
kerri.cull@verafin.com
709.685.4579

Kraken Delivers Deep-Sea Sonar System to Fraunhofer Institute

25 March 2015

ST. JOHN'S, NEWFOUNDLAND-(Marketwired - March 25, 2015)- Kraken Sonar Inc. (TSX-V: PNG) announced today that its wholly-owned subsidiary, Kraken Sonar Systems Inc. has delivered a deep-sea rated Interferometric Synthetic Aperture Sonar (INSAS) system to Germany's Fraunhofer Institute for Optronics, System Technology and Image Exploitation (IOSB).

Fraunhofer is the leading organization for applied research in Europe. Under the terms of the contract, Kraken has successfully designed, engineered and delivered a 6,000m depth rated AquaPix® MINSAS sonar system that will be integrated into Fraunhofer IOSB's DeDAvE program.

The AUV DeDAvE has been under development from 2013-2015 to create a versatile and compact vehicle that is easier to handle than existing systems while providing more space for payloads and fast turn-around times. DeDAvE is able to operate in ocean depths of 6,000 meters. DeDAvE is equipped with state-of-the-art sensor systems, easily exchangeable battery and data storage modules and a distributed control infrastructure. This allows to adapt the AUV to very different mission tasks, to integrate additional actuators (like bow dive planes or thrusters) and to add more battery capacity (into the payload area).

The modular design of the DeDAvE AUV creates a family of AUVs for different diving depths, mission durations and payload requirements. The DeDAvE AUV consists of a number of individual sections that hold the different vehicle components. The bow section contains the obstacle avoidance sensors, one emergency weight drop system and the (optional) diving plane. By default, two energy sections with eight battery modules are located near bow and stern. The control and navigation section houses the control computer, the inertial navigation system, an acoustic modem with USBL function, the emergency and communication unit (with backup battery) and a sound velocity sensor. The AUV can handle Payload interfaces like Ethernet, serial port or CAN bus.

"Maritime technologies will play a crucial economic and scientific role in the future. Fraunhofer and Kraken share the same ideals of using the latest technologies to enhance deep-sea exploration and inspection operations," said Karl Kenny, Kraken's President and CEO. "We're delighted that Fraunhofer recognizes the value that our high resolution Synthetic Aperture Sonar will add to this project. Advanced technologies for exploration and inspection with Autonomous Underwater Vehicles are key contributors to the future use of deep sea resources."

ABOUT KRAKEN SONAR INC.

Kraken Sonar Inc. (TSX VENTURE: PNG) is an industrial technology company, founded in 2012, that is dedicated to the production and sale of software-centric Synthetic Aperture Sonar (SAS) technology. The Company's products have been sold to leading defence contractors, commercial companies and research institutions for producing real-time, ultra high resolution imagery and bathymetry of the seabed. Marine Technology Reporter has twice named Kraken to their MTR100 - a list of the 100 most influential companies in the international marine technology marketplace. For more information, please visit www.krakensonar.com.

Neither the TSX Venture Exchange Inc. nor its Regulation Services Provide (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact:

Flora Wood
IR & Corporate Communications
Telephone: 709-757-5757 ext. 270
Email:
fwood@krakensonar.com

OR

Karl Kenny
President & CEO
Telephone: 709-757-5757 ext. 288
Email:
info@krakensonar.com

 

# # #

NSERC-NRC-IRAP Springboard Atlantic IUSRA Regional Partnership Top-Up Awards 2015-16

25 March 2015

For a fourth year in a row, the Natural Sciences and Engineering Research Council of Canada (NSERC) Atlantic office has formed a regional partnership with the National Research Council Canada Industrial Research Assistance Program (NRC-IRAP) and Springboard Atlantic Inc. to help increase regional opportunities for undergraduate students to conduct research activities in Atlantic companies through the Industrial Undergraduate Student Research Awards (IUSRA) Program.

Small and medium-sized Atlantic companies that hire undergraduate science and engineering students for a 12- to 16-week research and development project may be reimbursed up to $6,500 per student (up to $4,500 from NSERC and $2,000 from NRC-IRAP). Please note that NSERC prorates its payments based on the number of weeks the student has worked. Springboard Atlantic Inc. administers the reimbursements for NRC-IRAP. IUSRAs and top-ups will be given on a first-come, first-served basis, subject to availability and to fulfilment of the eligibility criteria.
 
Companies must pay students a set minimum rate during the 12- to 16-week work period in order to be considered for a top-up award from NRC-IRAP. 

NSERC would like to remind companies that funding may support up to 15 students per eligible organization per fiscal year (April 1 to March 31). NSERC should receive applications from the organization at least four weeks before the scheduled start date of the work term. Applications received more than two months after the start date of the student's work term will not be approved.

For more information, please contact Jason Frenette at (506) 854-7767 or by email at jason.frenette@nserc-crsng.gc.ca

Click here to learn more about the program and click here to visit the website.

 

Camouflage CEO teaching children coding basics through after-school program

23 March 2015

Full article at: http://www.thetelegram.com/News/Local/2015-03-19/article-4082975/Starting-from-scratch/1

Children taught coding basics through after-school program

With technology being prevalent in the world today, it's become increasingly important to introduce this technology to the youth so they may understand it better and improve upon it.

Progress is being made towards that end at MacDonald Drive Elementary in St. John's, where Grade 4 students are given the opportunity to learn scratch programming, a form of computer programming.

Kevin Duggan, the instructor for scratch programming at the school, initiated the program. Duggan is the CEO of Camouflage Software, a St. John's-based security software company.

"I act as a coach, not an instructor," said Duggan. "I show them a video at the beginning and give them a progressive component that they can choose to work on, then the rest of the time I'll spend going desk to desk, trying to see if they have any problems and pointing them in the right direction. Not doing anything for them, but trying to help them learn."

Initially, it was expected that the program would pique the interest of only a handful of children. It came as quite a shock to both staff and Duggan as the group quickly reached maximum capacity of 15 students.

Students were quick to sign up for lessons in computer programming and now every Thursday a classroom is filled with eager faces and attentive youth for an hour after class.

"Coding is becoming more important. You need coding, in my opinion, for almost any job," said Duggan. "Whether you get into a spread sheet or accounting, any discipline ultimately, will have an aspect of coding. It can be developing a program or as simple as doing a calculation."

Scratch programming is a free desktop and online multimedia-authoring tool available for anyone without downloads. It gives students a useful tool to strengthen their creativity and obtain hands-on learning.

It offers the ability to create games and it can also open the door to more advanced levels of computer programming.

Scratch programming can be used in several ways involving entertainment and education. It can be used for science projects, recording lectures with animated presentations, and for art and music.

According to Allan Kirkpatrick, marketing specialist with Camouflage Software, children as young as five are learning how to code.

The U.K. has already added programming to its schools' curriculums and there is a push in other schools, including those in Canada, to do the same.

Duggan hopes to follow the Grade 4 students into their fifth year of school to teach further lessons in coding. If he can find help, he would like there to be more tutors who spread out to other schools and other grades.

"If I can get more people to participate, you can introduce this whole program to more of these kids," said Duggan. "Just like in sports, there'll only be one or two of them that'll latch on, but that's one or two more that'll be entering university, and this is the driving force for what they do down the road."

Near the end of the lesson, curious parents stepped in to watch over their child's back with questions of their own, such as what the child is doing and how they're doing it.

"I think it's a real benefit to the kids because it gives them exposure to programs that they normally wouldn't have access to. Kudos to (Kevin Duggan) for coming in and volunteering to teach," said Carl Lee, a father of one of the children who attend the weekly lessons. "Anything that helps a child's ability to create and helps develop an interest in something is great for the kids, and you never know what it'll lead to for their future."

Local Company SubC Imaging Wins International Business Award

20 March 2015

Local Company SubC Imaging Wins International Business Award

Memorial University's Genesis Centre is congratulating its graduate company SubC Imaging on winning the Outstanding Incubator Graduate Award from the U.S.-based National Business Incubation Association (NBIA). Out of six possible award categories, SubC Imaging is the only Canadian company to receive an award. The NBIA Incubation Awards honour the top business incubators, client companies and graduates that exemplify the best in the industry. SubC was recognized for revenue strength and product innovation.

SubC Imaging was started in 2010 by Chad Collett and Adam Rowe when they identified the need for better underwater camera equipment and video management systems. The company was accepted into the Genesis Centre, Memorial University's business incubator for technology ventures, and graduated in December 2014. SubC Imaging now operates a 5,000-square-foot facility in Clarenville, N.L., designing and manufacturing equipment for marine research, deep-sea mining and the oil and gas industry. 

"We are very excited to have a Newfoundland and Labrador company and one of our graduates recognized on the international stage," said Keelin O'Leary, vice-president, entrepreneurial support, Genesis Group. "It's a testament to Mr. Collett, Mr. Rowe and their team, that they can compete anywhere."

"SubC is honoured to have been selected for this prestigious award among a group of such deserving nominees," said Ron Collier, vice-president, business development, SubC. "We are delighted to be recognized for the innovative nature of our products and our rapid growth in international markets."

SubC Imaging will be presented with the award at the NBIA's International Conference on Business Incubation in Denver, Colo., in April. For more information about SubC Imaging, please visit www.subcimaging.com.

About the Genesis Centre

The Genesis Centre is Memorial University's business incubator for technology-based ventures with high-growth potential. It is one of the top ranked incubators

in Canada and was named Canadian Incubator of the Year in 2011. Since the Genesis Centre was founded in 2000, it has helped almost 60 startups raise more than $85 million in private equity. Genesis alumni are among the leading start-ups in Atlantic Canada and include Verafin, Rutter Technologies, Avalon Microelectronics (acquired by Altera), Solace Power, SubC Imaging, EMSAT, ClearRisk, Genoa Design and Virtual Marine Technology.

The Genesis Centre is a division of the Genesis Group Inc., a separately incorporated entity of Memorial University. For more information, please visit www.genesiscentre.ca.

About the National Business Incubation Association (NBIA)

NBIA is the world's leading organization dedicated to advancing business incubation and entrepreneurship, with 2,100 members in more than 60 countries. It provides thousands of professionals with information, education, advocacy and networking resources to bring excellence to the process of assisting early-stage companies. Approximately 25 per cent of the NBIA membership is from outside the United States. For more information, please visit www.nbia.og.  

Genesis Group Announces Appointment of Greg Hood as Chief Executive Officer

04 March 2015

NEWS RELEASE

Subject: Genesis Group Announces Appointment of Greg Hood as Chief Executive Officer
Date: Wednesday, March 4, 2015 (9 a.m.)

Genesis Group announced today the appointment of Greg Hood as chief executive officer. Genesis Group operates the Genesis Centre, Memorial University's business incubator for technology-based ventures with high-growth potential.

"Mr. Hood's international experience working with multi-sector start-ups and his ability to scale business operations with a focus on accelerating product development will lead the Genesis Centre though its next stage of growth," said Fred Cahill, chair, Board of Directors, Genesis Group. "Additionally, Mr. Hood's proven ability to raise capital through venture capital and private equity channels will benefit the Genesis Centre's community of entrepreneurs."

Mr. Hood has over twenty years' experience managing start-ups and joint ventures with a focus on business-process outsourcing, software development and web-based technologies. Most recently he was president and CEO of Noveko Air Filtration, a Quebec-based designer and manufacturer of patented air filtration products. He also serves on the board of Ucentrik, the company he founded in 2006 in Toronto. He spent five years in Austin, Texas, one of the top technology hubs east of Silicon Valley. In Austin, Greg acted as CEO and COO with a range of start-ups in different market segments. His international experience also includes working in London, England and Hong Kong with publicly-traded company, Lexis-Nexis.

"I'm looking forward to leading the Genesis Centre through a new phase and expanding on the foundation of programs and services for entrepreneurs in Newfoundland and Labrador," said Mr. Hood. "As an entrepreneur who has experienced firsthand the success of scaling up and transforming start-ups, I want to build on Genesis' reputation as a top incubator and work with staff and clients to bring many more innovative, game-changing ventures to market."

"I congratulate Mr. Hood on his appointment with Genesis Group and am pleased to welcome him to the Memorial community," said Dr. Gary Kachanoski, president and vice-chancellor, Memorial University. "He brings to the role substantial knowledge and experience. And I am confident he will lead the team and its clients toward many future successes that will help grow the province's economy."

"On behalf of the Government of Newfoundland and Labrador I would like to congratulate Mr. Hood on his appointment," said the Honourable Darin King, Minister of Business, Tourism, Culture and Rural Development. "The Genesis Centre is a significant asset to the Newfoundland and Labrador start-up community. With Mr. Hood's wealth of experience, I am confident that he will contribute significantly to the continued success of the Centre and its partners."

The appointment is effective March 9, 2015. Mr. Hood replaces Genesis' founding CEO, David King.

About the Genesis Centre

The Genesis Centre is Memorial University's business incubator for technology-based ventures with high-growth potential. It is one of the top ranked incubators in Canada and was named Canadian Incubator of the Year in 2011. Since the Genesis Centre was founded in 2000, it has helped almost 60 start-ups raise over $85 million in private equity. Genesis alumni are among the leading start-ups in Atlantic Canada and include, Verafin, Rutter Technologies, Avalon Microelectronics (acquired by Altera), Solace Power, EMSAT, ClearRisk, Genoa Design and Virtual Marine Technology.

The Genesis Centre is a division of the Genesis Group Inc., the technology commercialization arm of Memorial University. For more information, please visit www.genesis.mun.ca.

Media Contact

Libby Carew
Genesis Centre
libby@libbycarew.com
709.725.7627

Verafin Unveils FRAMLx: A Groundbreaking Technology in the Fight Against Financial Crime

24 February 2015

Verafin Inc. unveils FRAMLx, an innovative enhancement to its Fraud detection and Anti-Money Laundering (FRAML) software. Powered by technology available only in the Verafin Cloud, FRAMLx delivers advanced cross-institutional analysis to detect suspicious activity across multiple institutions. FRAMLx is an exclusive Verafin advantage and this technology is the first of its kind to be offered by any fraud and AML software provider.

"We're so excited to announce FRAMLx and show our customers how it can help them identify suspicious activity that would otherwise go undetected," says Jamie King, CEO. "When we started the business, we set out to be the industry leader in the fight against financial crime. With FRAMLx and cross-institutional analysis we have taken that goal a step further. It's a really exciting time for all of us."

FRAMLx will enable institutions to gain more insight on customer behavior, collaborate in their investigations, and more accurately detect suspicious activity. This innovation fills a major gap in fraud detection and anti-money laundering efforts as it provides a broad, holistic view over multiple financial institutions through information sharing provided by Section 314(b) of the USA PATRIOT Act.

Verafin will make it much more difficult for criminals to utilize multiple financial institutions to commit crimes. "Criminal enterprises mask their illegal operations by exploiting multiple financial institutions simultaneously," says Chris Swecker, former Assistant Director of the FBI. "Cross-institutional analysis deprives criminals of this significant advantage by detecting the broader scope of their collusive activities and acting quickly to shut them down."

Verafin collected feedback from customers and industry experts to help shape the development of FRAMLx, and to ensure it offers substantial value. Initial customer feedback to the concept, early designs, and capability confirms that FRAMLx is extremely valuable and will be in high demand. "We've been testing this with focus groups and the response has been overwhelmingly positive," says Nick Janes, Director of Product Management. "From the customers' reactions, it's obvious that this will add tremendous value - people just can't wait to start using FRAMLx."

"FRAMLx will be an exciting advancement in information sharing and 314(b) compliance," says Josh Brown, Director of Security, Fauquier Bank. "Everyone is talking about 'big data' and how, when looking at information from many institutions you will be able to see the big picture. There are just so many benefits to information sharing and cross-institutional analysis."

This week, Verafin launches the 2015 FRAMLx Tour, introducing FRAMLx to customers and prospects in various cities across the United States. Attendees will see a demo showcasing the capabilities of FRAMLx, and receive free, advanced learning opportunities including industry news and best practices. Participants will also receive Certified Anti-Money Laundering Specialist (CAMS) credits for attending.

"Going from city to city to introduce and discuss FRAMLx, visiting and speaking with industry professionals is something we're really looking forward to," says Brendan Brothers, Verafin Co-founder and Product Expert. "FRAMLx is something the industry needs, and we're excited to be the ones providing it."

FRAMLx is a giant step forward in the fight against financial crime, and will have a big impact on surrounding communities and the larger world. "The benefits of this innovation to Verafin customers is huge," says Jamie King, CEO. "Not only will financial institutions using FRAMLx be able to bolster their ability to detect suspicious behavior, they will help reduce the impact of crimes such as drug dealing, terrorism, and human trafficking on society."

For additional information, visit www.verafin.com, email info@verafin.com or call 1.877.368.9986.

Verafin representatives are launching the FRAMLx tour in Texas this week and are available for comment.

Verafin's Online Channels:

Facebook / Twitter / LinkedIn / FRAMLx Tour

About Verafin Inc.

Verafin is a leader in cloud-based FRaud detection and Anti-Money Laundering (FRAML) solutions for financial institutions across North America. Its software utilizes advanced behavior-based analytics that allows banks and credit unions to stay a step ahead of cutting-edge fraud trends and the BSA, USA PATRIOT Act, and FACTA compliance landscape. Verafin is the exclusive provider of fraud detection and BSA/AML software for the California Bankers Association, Florida Bankers Association, Illinois Bankers Association, Massachusetts Bankers Association, and CUNA with industry endorsements covering 44 states across the U.S.

Contact:

Kerri Cull
709.685.4579
kerri.cull@verafin.com

Kraken to be released on TSX

20 February 2015

KRAKEN SONAR INC.
(formerly Anergy Capital Inc.)

KRAKEN SONAR INC. ANNOUNCES CLOSING OF QUALIFYING TRANSACTION AND RESUMPTION OF TRADING

February 18, 2015 - ST JOHN'S, NEWFOUNDLAND - Kraken Sonar Inc. (TSX-V: ACA.H) (formerly Anergy Capital Inc.)(the "Company")  is pleased to announce that it has completed its previously announced acquisition  (the "Acquisition") of all of the issued and outstanding shares of Kraken Sonar Systems Inc. ("Kraken"), constituting the qualifying transaction of the Company pursuant to the policies of the TSX Venture Exchange (the "Exchange"). As a consequence of the Acquisition, the Company will carry on the business of Kraken.

The Company's common shares are expected to resume trading on Tuesday, February 24, 2015, on the Exchange under the ticker symbol "PNG" after the Exchange's conditions for listing are satisfied and the Exchange issues its final exchange bulletin confirming the completion of the Acquisition.

In connection with the closing of the Acquisition, the Company completed a pre-closing private placement financing (the "Financing") for gross proceeds of $200,000 and issued 4,000,000 units. The terms of the Financing are described in the Company's news release dated October 14, 2014 filed on SEDAR and available for review at www.sedar.com under the Company's profile.

Immediately prior to the closing of the Acquisition, the Company completed a consolidation (the "Consolidation") of its issued and outstanding common shares on a 2.25 to 1 basis, continued to the federal jurisdiction of Canada and changed its name to "Kraken Sonar Inc.".

Pursuant to the Acquisition, the Company acquired all of the issued and outstanding common shares of Kraken and issued 65,563,333 post-Consolidation common shares (which include 14,063,326 common shares issued to bridge loan holders of Kraken who converted an aggregate of $2,109,500 into common shares of Kraken pursuant to irrevocable conversion agreements immediately prior to the Acquisition) to the shareholders of Kraken at a deemed price of $0.15 per post-Consolidation common share  and 1,500,000 post-Consolidation common shares to Global Securities Inc., who acted as a finder.

As a result of the Acquisition, Kraken has become a wholly-owned subsidiary of the Company.

After the completion of the Acquisition, the Company has 70,957,110 common shares issued and outstanding (on an undiluted basis).  The Company also has 14,952,214 warrants outstanding of which 444,444 are exercisable at a price of $0.15 per share until October 10, 2016 subject to earlier expiry on the date that is thirty days following the issuance of a press release confirming the Company's shares have traded at or above $0.45 for twenty consecutive trading days; 444,444 are exercisable at a price of $0.40 per share until October 10, 2016 subject to earlier expiry on the date that is thirty days following the issuance of a press release confirming the Company's shares have traded at or above $0.60 for twenty consecutive trading days; and 14,063,326 are exercisable at a price of $0.15 per share until February 18, 2018 subject to earlier expiry on the date that is thirty days following the issuance of a press release confirming the Company's shares have traded at or above $0.45 for twenty consecutive trading days.

The principals of the Company collectively hold 32,642,995 common shares, of which 32,292,499 are subject to a Tier 2 Value Security Escrow Agreement and 350,496 remain subject to a Form 2F CPC escrow agreement dated June 12, 2008, as amended October 15, 2008.

In connection with the completion of the Acquisition, the Company is pleased to announce its new board of directors as follows: Karl Kenny, John Travaglini, Harley Sinclair and Moya Cahill. In addition, the Company is pleased to announce its new executive management as follows:

•           Karl Kenny - President and Chief Executive Officer
•           Kim Evans - Chief Financial Officer
•           Harley Sinclair - VP Legal and Corporate Secretary

Summaries of the biographies for all of the directors and executive management of the Company are set out in the Company's Filing Statement dated February 5, 2015 (available on SEDAR at www.sedar.com).

ON BEHALF OF THE BOARD

"Karl Kenny"
President, Chief Executive Officer and Director

For further information, please contact:

Flora Wood, IR & Corporate Communications
Telephone: 709-757-5757 ext. 270
Email: fwood@krakensonar.com

Neither the TSX Venture Exchange Inc. nor its Regulation Services Provide (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Supporting Small Businesses in Atlantic Canada

20 February 2015

http://news.gc.ca/web/article-en.do?nid=933719 

Supporting Small Businesses in Atlantic Canada

New investments created in Newfoundland and Labrador-based company specializing in wireless charging technology

February 17, 2015 - Ottawa - Industry Canada

The Government of Canada's military procurement policies have led to investment in a small Newfoundland and Labrador firm.

Solace Power Inc. of Mount Pearl, Newfoundland and Labrador, will receive financial and technical support from The Boeing Company to develop and demonstrate its wireless charging technology. Solace has developed the capability to recharge unmanned aerial vehicles (UAV) in flight through wireless electrical energy. This will enable UAVs to travel further from station and stay in the air for longer periods of time.

Boeing is making this investment as part of its Industrial and Technological Benefits Policy obligations resulting from the Government's December 2014 purchase of a C-17 Globemaster III aircraft.

Quick facts

  • This is the first use of the Industrial and Technological Benefits (ITB) Policy's Investment Framework tool. This tool directly benefits small and medium-sized enterprises (SME) by encouraging prime contractors on Government of Canada defence procurements to invest in the research, development and commercialization activities of smaller Canadian firms.
  • The ITB Policy encourages companies to establish or grow their presence in Canada, strengthen Canadian supply chains and develop Canadian industrial capabilities, while providing Canadian-based SMEs with access to global supply chains.
  • Defence procurement plays a major role in the Canadian economy. The Canadian defence sector includes over 650 firms, employs more than 65,000 full-time workers and contributes $9.4 billion to Canada's gross domestic product.
  • The Government of Canada is focused on ensuring that Canadian innovation in the aerospace, defence and security industries remains at the forefront of development. The Value Proposition, announced as part of the Defence Procurement Strategy in February 2014, incentivizes research and development as well as increases export potential.
  • Canadian exports of aircraft and of aircraft engines and parts reached a near-record high of $10.8 billion in 2013, a 5.4-percent increase from the previous year.

Quotes

"Our government's top priorities are the economy and creating jobs and opportunities for Canadian families. This investment shows that our policies are working. By leveraging government procurements to benefit Canadian businesses, we are creating economic growth. Our Defence Procurement Strategy creates opportunity for small firms like Solace, helping them to further develop their technology, forge important business relationships and open up new markets for their products."

- James Moore, Minister of Industry

"The Government of Canada's policies continue to benefit the residents of Newfoundland and Labrador. Thanks to this investment from Boeing, a Newfoundland and Labrador small business will see greater opportunities for growth and will have the chance to improve its already impressive technology."

- The Honourable David M. Wells, Senator, Newfoundland and Labrador

"Boeing brings value to Canadian companies of all sizes through collaborations that take advantage of our capabilities across commercial aerospace, defence, advanced research and development, and more. Our focus on building relationships with small enterprises like Solace can lead to innovations that not only develop unique technologies but also promote long-termgrowth for Canadian companies."

- Jim Barnes, Director of Business Development in Canada, Boeing Defense, Space & Security

"We are extremely excited about our new relationship with Boeing. The ITB-Industry Canada program gives companies like ours an opportunity to work with exceptional partners to bring innovative technologies to market. Solace's wireless power technology can bring real, tangible value to many of Boeing's products, and we look forward to working with them, and otherindustry-leading companies, to advance their business through technology innovations."

- Neil Chaulk, Vice-President of Business Development, Solace Power

Contacts

Jake Enwright
Press Secretary
Office of the Minister of Industry
343-291-2500

Media Relations
Industry Canada
343-291-1777
media-relations@ic.gc.ca

Celtx Raises $3.3M from Build, Killick

04 February 2015

http://entrevestor.com/indepth/celtx-raises-3.3m-from-build-killick

Celtx Inc.  of St. John's, has raised $3.3 million in a funding round led by  Build Ventures, and plans to use the capital to accelerate the already-stellar growth of its pre-production software for the film and video industries.

Led by CEO Mark Kennedy, Celtx has been a pioneer in producing a range of software for film writers, designers, producers and others involved in "scripted media," like film, video, theatre and the like. The company's breakthrough came when it launched its software-as-a-service product in 2012. It now estimates it has about 4 million users, and this winter, its revenues are growing by about 10 per cent per month.

"This is a tremendous opportunity," Kennedy said in a phone interview. "We're reinventing how an industry does its work, and it's a global business. We make 95 per cent of our money outside Canada."

Build Ventures of Halifax, the Atlantic Canadian regional venture capital fund, invested $3 million in the round, marking its first investment in Celtx and in Newfoundland and Labrador.

Killick Capital, which previously had invested $1.5 million in Celtx, came in with $300,000. Killick president and CEO Mark Dobbin had previously said he would be interested in investing in the company again, although not as lead investor.

Kennedy said he has known Build Ventures principal Patrick Keefe for several years, and the fund manager has always been interested in Celtx. When Kennedy decided to raise money last May, he met with Keefe and his partner, Rob Barbara, and the talks eventually led to the investment.

Founded 15 years ago, Celtx set out to digitize the tasks that filmmakers used to do on paper - from writing scripts, to designing sets, to production notes. Its first offering was a desktop product and the product evolved creative personnel in the film industry moved to the cloud and to mobile devices.

It still offers desktop products, but its big move came with the software-as-a-service product on the cloud, which has allowed stronger recurring revenues. It has also allowed the company to measure its sales, and adjust its product fit to match market demand.

The company had always had a knack for gaining clients, but the software-as-a-service offering finally allowed it to monetize the product in a meaningful way. Revenues increased in every month in 2014, and last autumn, it hit what Kennedy calls "the magic number" of monthly recurring revenue of $100,000.

The film industry is seasonal, and Kennedy says the January-to-April period is the high point, with revenues increasing 10 per cent monthly.

"Mark and the Celtx team have built a great product and grown a significant user base organically," said Keefe. "This investment will give the team the resources to expand on their impressive customer traction milestones and growth rates."

Now Celtx wants to accelerate that growth. The staffing has increased about 60 per cent in the past year to 22 full-time people. Kennedy believes it will reach about 40 in a year's time.

The company recently hired Jacquelyn Holden, a former sales exec with another St. John's tech success, financial software company Verafin. She is now vice-president of sales and marketing, heading up the effort to increase sales further.

Although it originally set out to target the indie film market, it has found that its clientele includes ad agencies and video production companies that range in size from 30 to 5,000 employees. Celtx now sees an opportunity in targeting these groups, and the growing sales staff will help.

"We've always been a very engineering-focused company with almost no sales and marketing," said Kennedy. "Now our staff is about 70-30 development-to-marketing, and we want to move toward a 50-50 split."

Virtual Marine Technology Provides Lifeboat Simulator for Rowan Companies

02 February 2015

For Immediate Release January 16, 2015

Virtual Marine Technology Provides Lifeboat Simulator for Rowan Companies

Newfoundland- Virtual Marine Technology (VMT) is pleased to announce the provision of its SurvivalQuest lifeboat simulator training system to Rowan Companies, a global provider of contract offshore drilling services. The lifeboat simulator will be used to provide enhanced lifeboat launch and recovery training to lifeboat operators and marine crews and will complement weekly safety drills conducted onboard Rowan drilling rigs.

Increase Realism of Emergency Training

"Deploying the lifeboat simulator training system at Rowan will provide us with realistic training and competency assessment of lifeboat coxswains and marine crews, in a safe and controlled environment," says Michael Lawson, Vice President - HSE and Marine. "Lifeboat crews will be able to simulate a variety of difficult emergency evacuations and practice their skills using equipment similar to that deployed onboard most Rowan rigs."

The lifeboat simulator developed by VMT is a cabin-based lifeboat simulator system which uses Survival System International's CA-6000 lifeboat helm and controls. The system was fully customized for Rowan to include the physical lifeboat controls, a jack-up rig virtual environment and a visual system which replicates the lifeboat's field of view. The system also trains users in emergency situations specific to Rowan's offshore emergency response plans.

"We are very happy with the design of the single fall lifeboat simulator system," said Randy Billard VMT's Chief Technology Officer. "Rowan's marine and training team members provided subject matter expertise to ensure that VMT modeled the simulated emergency evacuation scenarios effectively. The system will allow lifeboat and marine crews to be exposed to realistic emergency situations not possible in conventional lifeboat training."

About Virtual Marine Technology

Founded in 2004, Virtual Marine Technology is a simulation training system provider specializing in maritime simulation systems. VMT develops high fidelity simulation systems to enhance and augment marine/maritime training for oil and gas operators, defence contractors, maritime training organizations and shipping companies. The Company has partnered with leading maritime institutions and organizations to research, model and simulate small craft motion, specifically lifeboats launched into less than ideal sea conditions.

For more Information on Virtual Marine Technology:

Alfred Whiffen
Telephone: +1-709-738-6306, Extension 215
Email:
alfred.whiffen@vmtechnology.ca
Website:
www.vmtechnology.ca

 

Memorial announces $50-million partnership to strengthen health research

30 January 2015

http://www.mun.ca/research/announcements.php?id=4376

Memorial University will receive $50 million over the next five years to support an unprecedented health-care initiative that will provide enhanced, personalized patient care through collaborative, multidisciplinary research.

Less than 20 per cent of applied medical research is translated into a possible device, medication or therapy; the launch of the new Translational and Personalized Medicine Initiative (TPMI) aims to change that by bringing bench research to the patient's bedside.

Through the TPMI, patients will benefit from the latest and most innovative discoveries in health research, designed to improve health outcomes that have been specifically identified for them. 

Partners in the TPMI are the Government of Canada through the Canadian Institutes of Health Research (CIHR) and the Atlantic Canada Opportunities Agency (ACOA), the Government of Newfoundland and Labrador, jurisdictional partners and private-sector partner IBM.

Approximately $50 million will be invested in this program over the next five years, in partnership with Memorial University:

  • A combined investment of $30 million from IBM, including $10 million in equipment and staffing and a further $20 million in-kind investment for big data and analytics software                                                                                                                
  • Nearly $13 million from the Government of Canada through the Canadian Institutes of Health Research SPOR SUPPORT Units program ($10 million) and the Atlantic Canada Opportunities Agency ($3 million)
  • $7.2 million from the Government of Newfoundland and Labrador

The initiative is made up of two major programs - the Newfoundland and Labrador Support Unit and the Centre of Health Informatics and Analytics

Newfoundland and Labrador Support for People and Patient-Oriented Research and Trials (NL SUPPORT)

The NL SUPPORT Program is part of a network of provincial and regional centres across Canada that brings together patients, policymakers, researchers, funders and health-care professionals. The program is focused on creating resources that facilitate patient-oriented research in consultation with local stakeholders to provide patients with the latest and most innovative practices, therapies and policies for improved health outcomes.

NL SUPPORT was created to provide the necessary infrastructure, training and tools required to allow patient-oriented research to thrive in Newfoundland and Labrador.

Centre for Health Informatics and Analytics (CHIA)

CHIA will facilitate research into patient outcomes and offer insight into how services may be improved through the use of high-performance computational infrastructure and de-identified patient datasets.

Memorial researchers will have access to one of Atlantic Canada's fastest computing environments. Each project undertaken under CHIA will comply with the Personal Health Information Act legislated with the province of Newfoundland and Labrador, and will also require research ethics board approval. 

Projects under TPMI utilizing CHIA will address issues such as colorectal cancer, long-term care and laboratory utilization as well as others.

Projects related to the Translational Genomics program, include hearing loss, neurocognitive diseases, back pain, vision loss, colorectal cancer and breast cancer.

The integration of data will be governed under provincial privacy and ethics legislation.

Quotes:

"This collaborative partnership between public and private sectors is a significant investment both in Memorial University and in the health and well-being of the people of Newfoundland and Labrador," said Dr. Gary Kachanoski, president and vice-chancellor, Memorial University. "We are proud to be to be part of this ground-breaking initiative which would be impossible without the support and resources of our partners."

"The overall goal of the TPMI is a collaborative approach to enhance the use of health-care resources," said Dr. James Rourke, dean, Faculty of Medicine, Memorial University. "Increasing our capacity to bring evidence into the health care system and clinical practice can only result in improved health outcomes for patients and their families."

"Our government recognizes that fostering innovation and commercialization, through programs like ACOA's Atlantic Innovation Program, is important to meeting our top priority of creating jobs and long-term economic growth," said David Wells, senator, on behalf of Rob Moore, regional minister for Newfoundland and Labrador and minister of State (ACOA). "Partnering with academia and the private sector to invest in projects like the Translational Personalized Medicine Initiative helps build Atlantic Canada's reputation for innovation and makes significant contributions to the region's R&D and economic performance."

"Memorial University will be working with our community to bring about true change in the planning and delivery of health-care services, and ensure that those changes respond to the needs of the public," said Paul Davis, premier, Newfoundland and Labrador. "We are contributing over $7 million to this important partnership which will bring increased research knowledge into our health facilities to assist with getting the best treatment to patients."

"This collaboration is a terrific example of government, business and academia teaming to meet important economic and social needs through advanced research and innovation," said Ralph Chapman, vice-president, public sector, for IBM in Canada. "This collaborative model will provide researchers with IBM big data and analytics technology and expertise to more quickly manage and analyze massive data sets around critical health-care challenges and ultimately, help improve patient outcomes."

"For every 100 discoveries achieved at the lab bench, only 15 ever make it to the real world in the form of new therapies or treatments, revised practice guidelines or

better health policies," said Dr. Patrick Parfrey, chief scientific officer, TMPI. "There is a clear and defined need in Canada for research to focus on getting the right treatment to the right patient at the right time."

"The SPOR SUPPORT Units provide a vehicle for sharing best practices between jurisdictions," said Dr. Jane E. Aubin, chief scientific officer and vice-president research, knowledge, translation and ethics, Canadian Institutes of Health Research.

"With Newfoundland and Labrador now on board, we have taken another step toward a cohesive national partnership that will see evidenced-based research embedded in health-care delivery and patient care."

Camouflage Software Strengthens Challenger Position in Third Gartner Data Masking Magic Quadrant

19 January 2015

Company Kicks Off 2015 with Expansion of its Enterprise Data Masking Platform and Standalone Data Discovery Offering

ST. JOHN'S, Newfoundland--(BUSINESS WIRE)--Camouflage Software Inc., a leading provider of intelligent data discovery and data masking solutions, today announced that for the third consecutive year it has been positioned by Gartner as a challenger in its most recent data masking Magic Quadrant report. Cited as a "pioneer" in data masking, Camouflage's challenger position was strengthened this year with praise for its offering of Dynamic Data Masking for relational database management systems and for XML messaging systems, along with its added ability to mask big data for Apache Hadoop and Cloudera distribution.

The positioning in this recent Magic Quadrant falls in line with Camouflage's plans to expand upon what is quickly becoming a top data security need and priority for businesses: data discovery. While data masking has rapidly become a recognized must-have component for complete IT security, the one invisible threat that has been plaguing even the most locked-down organizations has been hidden or disparate sensitive data at-rest. Without having a complete map of all data within the organization's sensitive data landscape, a business is almost as vulnerable to losses as though it had no data security in place at all.

"Camouflage has built a solid reputation in providing the pioneering data masking product platform, so we are thrilled to continually be recognized by Gartner," said Camouflage President and CEO, Kevin Duggan. "We've enabled the world's leading enterprises to stay ahead of threats and now we are especially proud to be able to take data protection even further. By expanding our data discovery technology as a unique offering (Camouflage Sensitive Data Analysis (SDA)), enterprises will have a true awareness of where their sensitive data is, and will be even better positioned to review and analyze crucial information."

In addition to expanding upon Camouflage SDA, Camouflage continues to bolster its Enterprise Data Masking Solution that is relied upon by leading companies in vertical markets including financial services, healthcare, insurance, and higher education. In addition, 2015 will see Camouflage expanding operations to end-customers, as well as growing its efforts through Managed Service Providers (MSPs) and Value Added Resellers (VARs).

To receive a complimentary copy of the Gartner Magic Quadrant for Data Masking authored by Joseph Feiman and Brian Lowans visit: http://bit.ly/1bSBF5X

About Camouflage

Camouflage Software Inc. offers an end-to-end intelligent data masking solution featuring discovery, classification, subsetting and data masking technologies for use in application development, testing, out-sourcing and training. www.datamasking.com

Contacts

Press:
Camouflage Software
Liz Erk, 781-279-0370
liz@datamasking.com


Vigilant Management Ranks No. 1 on the 2014 Progress Magazine Fast 40 in NL with a growth rate of 253%

18 December 2014

Halifax, N.S.-Progress Magazine ranked Vigilant Management No. 1 in the province of Newfoundland and Labrador on its annual Fast Growing Companies in Atlantic Canada list with growth of 253% this year.

Vigilant Management, a locally owned and operated owners' construction management firm, is led by Newfoundland and Labrador natives Lloyd Hussey, Grant Horwood, and Terry Hussey. Changing the construction industry by eliminating inefficiency, one project at a time, is the focus for this innovative Newfoundland and Labrador firm. They also practice a progressive approach to culture and human resources with exceptional team benefits such as unlimited vacation, maternity leave top-up, and profit sharing.

Director Terry Hussey notes that, "We do this with an innovative model for construction project management that addresses the most common industry challenges. At Vigilant, we believe there is a better way to manage construction projects. We have proven the concept for multiple clients across different projects. We believe that Newfoundland and Labrador can realize significant benefits from minimizing the inefficiencies that many construction projects currently face - our innovative approach to project management in construction has huge potential for both the public and private sectors."

Now in its 15th year,Progressmagazine's Fastest Growing Companies List is a highly anticipated ranking of companies in Atlantic Canada that have seen the most significant increase in revenues over the past three years. These are the companies that are setting the pace for the new economy, not just in Atlantic Canada but also nationally.

In addition to their position as the No. 1 firm for growth in this province, Vigilant Management was also ranked No. 4 in the Atlantic Canada for their remarkable growth.

"These Fastest Growing Companies come from a wide array of sectors, and the ones reporting the most rapid growth are in innovation, IT, aerospace and defence, ocean technology, and hospitality," saysProgressPublisher Neville Gilfoy. "Even companies that are experiencing 40% growth are showing us that a spike in sales is possible, even in challenging markets. A combination of innovation, talented people, marketing, and new product and export development are key factors, of course."

Media Contact:

Krissy Lyver - Marketing Coordinator

709-685-6541

kristen@vigilantmanagement.ca

http://www.vigilantmanagement.ca

Vigilant Management Ranks No. 1 on the 2014 Progress Magazine Fast 40 in NL with a growth rate of 253%

President of Newfoundland's Prima Information Solutions recognized as one of Canada's Top 100 Female Entrepreneurs 2014

15 December 2014

Prima Information Solutions
NEWS RELEASE

President of Newfoundland's Prima Information Solutions recognized  as one of Canada's Top 100 Female Entrepreneurs 2014

St. John's, NL, 10 December, 2014

Prima's President Patsy Tremblett has worked hard to build her company and her hard work has been recognized by PROFIT/Chatelaine as one of Canada's Top 100 Female Entrepreneurs for 2014. 

The PROFIT/Chatelaine W100 ranking of Canada's Top Female Entrepreneurs ranks female business leaders according to a proprietary formula that combines the sales, three-year revenue growth rate and profitability of their businesses. All data is verified through financial statements. To qualify, candidates must be owners or significant stakeholders who at least share chief decision-making capabilities.

"I am proud of this recognition of our entrepreneurial achievement," says Tremblett. "I thank my staff and my clients who have helped me to build Prima over the past 19 years." 

"This recognition has also raised the profile of my company provincially and nationally which, we anticipate, will fuel further growth for Prima."

Many of Prima's clients have contacted Tremblett to congratulate her. Among them is Debbie Forward, President, Newfoundland and Labrador Nurses' Union. "We were delighted to hear of your success, but it certainly comes as no surprise," says Forward. "Your leadership skills were quite evident when we implemented our records program in 2007. You and your employees continue to demonstrate that providing support and service is a number one priority."

Tremblett flew to Toronto in late November for the Awards luncheon and the W100 Ideas Exchange Conference.

---

Prima Information Solutions is a leading Canadian information management solutions provider, with a strong focus on quality customer service and support, enabling organizations to manage information efficiently and effectively. Founded in 1995, Prima's base is wide and crosses a broad sprectrum of Canadian business. Prima is driven to improve and streamline processes within information management and conquer the exponential growth of electronic content in this technological age.

www.primaharmony.com

The PROFIT/Chatelaine W100 ranking and awards program is Canada's largest celebration of entrepreneurial achievement by women. Now in its 16th year, the program ranks female entrepreneurs by the size, growth rate and profitability of their companies. Winners are honoured in Canadian Business and Chatelaine magazines and on PROFITguide.com. For details, visit: PROFITguide.com/W100 .

St. John’s, Newfoundland, Atlantic Canada’s Most Entrepreneurial City

10 December 2014

Halifax, October 27, 2014 - St. John's is the Atlantic Provinces' most "entrepreneur friendly" city. This is the finding of the 2014 Entrepreneurial Communities report from the Canadian Federation of Independent Business (CFIB). The annual report uses 14 indicators to determine which Canadian cities offer the best entrepreneurial environment. The capital of Newfoundland and Labrador was the only city in the region to make it into Canada's top 10.

The report looks at a variety of factors including the scale and growth of business ownership, industrial diversity, indicators associated with optimism and growth plans and actions local governments take with respect to business taxation and regulation.

Halifax, the region's largest city, took a tumble from 2013's result largely due to a drop in business optimism. Moncton and Charlottetown remain in the middle of the pack while Saint John improved slightly.

Andreea Bourgeois, CFIB's Senior Analyst in Atlantic Canada, parsed the numbers saying, "While no Atlantic community has seen a strong increase in its score, several municipalities have seen significant decreases in their 2014 scores: Fredericton (a decline of 11.2 points compared to its 2013 score), Halifax (8 points decline), Bathurst (8 points drop), and Miramichi (7 points drop). This highlights the overall low optimism in the Maritimes which translates into lower employment plans and lower construction start-ups."

Jordi Morgan, CFIB's Vice-President for the Atlantic region also explained, "Some of these data sets are extracted from CFIB's Monthly Business Barometer which regularly shows the Maritimes lagging behind the rest of the country in business optimism. It's another wake up call for policy makers in the Maritimes to take action to create a better environment for small business."

For further information contact Jordi Morgan at (902) 420-1997.

CFIB is Canada's largest association of small- and medium-sized businesses with 109,000 members across every sector and region.

http://www.cfib-fcei.ca/english/article/6688-st-john-s-newfoundland-atlantic-canada-s-most-entrepreneurial-city.html

Propel ICT Hiring an Entrepreneur-in-Residence

03 December 2014

Click here to apply online!

The Entrepreneur-in-Residence is responsible for coaching start-up founders to build their idea into an innovative venture that has extensive growth potential. S/he will effectively identify significant growth strategies for start-ups, teach and apply lean start-up principles, help develop the case for investment, define MVPs, help companies pivot/iterate to establish product/market fit, and move clients agilely toward commercialization. This leadership position will have the rare opportunity to help companies create at the leading edge of technical development in both products and services, by leveraging start-up ecosystem assets, in a high-profile position with widespread community impact.

S/he will have a talent for motivating diverse groups of individuals through the learning cycle by applying validation processes to drive results. S/he has had unique experience in starting businesses, while also knowing what it is to drive innovation within a developing corporate structure.

Responsibilities

  • Assist founders to build new ventures, services and offerings
  • Be driven by Lean Start-up principles
  • Help clients develop their Business Model Canvas
  • Create and own a positive vision of achieving success in a venture capital investment market
  • Help iterate and scale ideas aggressively to exceed investor expectations
  • Guide the creation of product prototypes and pilots through application of lean validation methods
  • Know when to act in the best interest of the client in recommending changing direction to achieve product/market fit and maximize market opportunities
  • Motivate the start-up team to do what is needed to succeed

Qualifications

  • Experience as a real-world entrepreneur; strong consideration for having built businesses with significant scalability potential
  • Business chops - strong understanding of the high-tech digital industry and emerging market and sales channels
  • Builder focus with the capability to fix problems as they occur
  • Corporate experience that spans across start-ups and venture capital environments
  • Strong team builder with excellent organizational, superior interpersonal communication skills and the ability to set priorities, problem-solve, multi-task and iterate in a dynamic, rapidly changing environment
  • Prior responsibility for building an innovation culture, inclusive of hiring, and training
  • Robust network of contacts to bring in ideas and expedite current projects
  • Prior experience in an accelerator environment either as a mentor or a mentee would be an asset

Other Information

Primary Location: This position is located in Atlantic Canada (New Brunswick, Nova Scotia, Prince Edward Island or Newfoundland & Labrador), but we are open to applicants from outside the region willing to re-locate.

About Propel-ICT

From our start in New Brunswick in 2004, Propel ICT has grown to become one of the top accelerators in Canada for high-potential start-ups. In the 10 years since inception, Propel-ICT launched companies have attracted more than $1 Billion in Venture Capital to the region. Notable success stories include two ?Venture Deal of the Year for Canada? companies. Propel-ICT employs a decentralized model, delivering its top-rated accelerator program in cooperation with select community partners in cities across the region. Our expansion to all four Atlantic Provinces is currently underway as part of a five-year plan started in the fall of 2014, and as a result this EIR position can be resident in any of these locations.

Benefits

Eligible team members (up to 2 positions available) will receive a strong earnings package, including competitive pay, subsidized insurance coverage, flexible scheduling, training and development, and generous vacation benefits. Travel, primarily within the Atlantic Provinces, will be required for this position.

See more about our East Coast Accelerator Program at: launch36.ca

Click here for the job ad and to apply online!

$1M Announced for Fund to Employ Persons with Disabilities

02 December 2014

Senator Fabian Manning says that persons with disabilities have proven themselves time and time again, and he hopes doors continue to open for them, thanks to funding from the federal government. Manning was at Easter Seals in St. John's on November 28 to announce almost $1-million in funding through the Opportunities Fund for Persons with Disabilities and the Skills Link program. It'll be split between Easter Seals NL, the Canadian Council on Rehabilitation and Work, and the St. Barbe Development Association.

Manning says disabled workers offer a lot to businesses, but that can sometimes be lost on employers.

He says employers can often be so busy trying to run day to day operations, that the benefit can be overlooked. He says this funding should help disabled people to learn valuable skills, which in the end benefits employers and participants alike.

http://www.vocm.com/newsarticle.asp?mn=2&id=51066&latest=1

 

 

Canada - Newfoundland and Labrador Job Grant

01 December 2014

Description 
The program is targeted to private sector and non-profit employers. This program will provide a financial contribution to employers for employer-sponsored training for existing and new employees. Training costs will be shared between the employer and government. The maximum government contribution will be $10,000 for each employee trained. The goal of the program is to increase labour force participation and to help develop the skills necessary to find and keep meaningful and long term employment and to encourage employer involvement in training to ensure that skills are aligned to job opportunities.

Program Fact Sheet
The Program Fact Sheet outlines the program in more detail for interested employers and employees. Press here for a direct link to the  Fact Sheet PDF (840 KB).

Who can Apply?
Employers in the private and non-profit sectors may apply. Eligible employers must:

  • Be incorporated and have a Canada Revenue Agency business number;
  • Be in good standing with Registry of Companies; and,
  • Have an office location/base in Newfoundland and Labrador.

How Do I Apply?
Interested employers must complete and submit an application to the Department of Advanced Education and Skills. Employer applications must be received 30 days prior to the commencement of training.

On-line Application: Employers must register in the Department of Advanced Education and Skills' LaMPSS payment system to apply on-line. Once registration is complete, a password and user ID will be provided. To register, please press Register on LaMPSS system.

Program Guidelines have been developed in order to assist employers applying on-line. They can be viewed and printed by pressing Program Guidelines.PDF (238 KB).

Once registered on the LaMPSS system, employers may apply directly on-line and/or update information using its self-serve function and the provided user password and ID. To apply on-line using the self-serve component of LaMPSS, please link to the following website which contains LaMPSS User Guidelines, System Requirements and the Login LaMPSS Employer Self-Serve.

Paper Applications: Completed applications may be submitted by mail, fax, or in-person. A copy of the application in pdf form can be obtained at the following location Canada NL Job Grants Application PDF (1.5 MB).

Further Information:  For further information, please contact the department using the following information.

Labour Market and Career Information Hotline
Department of Advanced Education and Skills

Toll-free: 1-800-563-6600
TTY: 1-866-729-4685
Fax: 1-709-729-1129
Email: LMCIHotline@gov.nl.ca 

http://www.aes.gov.nl.ca/foremployers/canada_nl_job_grant.html

 

Click here for the Program Fact Sheet.

Camouflage Software Announces Data Masking for Big Data

17 November 2014

St. John's, Canada (PRWEB) November 14, 2014

Camouflage Software Inc., a leading provider of intelligent data masking solutions, today announced the release and expansion of its Camouflage Enterprise™ platform to support big data masking for Hadoop HDFS.

"There is an increasing demand among our clients to quickly process, analyze and store vast amounts and types of data in order to stay competitive, yet the need for a solid data security strategy remains the same," said Camouflage President and CEO, Kevin Duggan. "Camouflage's latest release marks a substantial advance in our strategic vision by supporting data volume, variety, and velocity challenges characterized by big data, and are a reflection of our company's commitment to empowering customers in an ever-changing and increasingly complex data environment."

Big data masking support on Hadoop leverages the strengths of both the Hadoop and Camouflage platforms, allowing customers to mask at the scale of Hadoop while taking advantage of the consistency and sophistication of Camouflage masking. Native integration with Hadoop provides direct map/reduce execution and visibility of masking jobs from directly within the Hadoop environment. Stored data is masked consistently with all other data sources so that the masked Hadoop environment stays in sync with other masked data sources.

The latest release of Enterprise also introduces a high-performance option that dramatically expedites relational data masking projects, achieving performance gains 15-80 times faster than previous iterations. Furthermore, performance optimizations are automatically and intelligently applied, maximizing throughput without the need for configuration changes, resulting in superior ease-of-use and significantly reduced masking refresh windows.

To learn more about the latest release of Camouflage Enterprise, visit  http://www.datamasking.com.

About Camouflage

As pioneers in data masking, Camouflage Software Inc. offers an end-to-end intelligent data masking solution featuring discovery, classification, subsetting and data masking technologies designed to ensure that sensitive information is properly protected for use in application development, testing, out-sourcing and training. Combined with its team of data masking experts and best practice guidance, Camouflage offers a proven and comprehensive approach to securing sensitive data and facilitating compliance with legislation like US-EU Safe Harbor, EU Data Protection Directive, HIPAA/HITECH, PCI-DSS, GLBA, PIPEDA and more. For additional information, please visit us at  http://www.datamasking.com.

New Venture Capital Funds to Fuel Economic Growth

05 November 2014

http://www.releases.gov.nl.ca/releases/2014/exec/1104n02.aspx

Innovative entrepreneurs with high-growth potential will now have greater access to capital to help their businesses thrive, through a $20 million Provincial Government investment in two venture capital funds, Venture Newfoundland and Labrador and Build Ventures. The Honourable Paul Davis, Premier of Newfoundland and Labrador, was joined today by the Honourable Darin King, Minister of Business, Tourism, Culture and Rural Development, the Honourable Ross Wiseman, Minister of Finance and President of Treasury Board, and partner representatives at Common Ground in St. John's, a hub for entrepreneurs to work, network and meet with other like-minded people.

"Our government is proud to expand the support we currently provide to businesses even further through our investment in venture capital in our province. We know what a positive difference access to venture capital will make to new or established entrepreneurs with innovative ideas and technologies. For emerging growth sectors, such as ocean technology and other knowledge-based industries, these new venture capital funds will help improve the global competitiveness of companies, strengthen high-end employment opportunities and drive economic diversification throughout Newfoundland and Labrador."
- The Honourable Paul Davis, Premier of Newfoundland and Labrador

All businesses require various forms of financing and advisory support throughout their evolution and growth. Venture capital is a form of funding available to businesses that demonstrate high-growth potential.

"We have heard directly from the start-up business community and investors who have indicated that greater access to venture capital will support innovative, high-growth companies operating in Newfoundland and Labrador and lead to exciting new opportunities. The establishment of the Venture Newfoundland and Labrador fund and our investment in the Build Venture fund, as was announced in Budget 2014, will help diversify our economy and further strengthen the business climate. Venture capital is very much about investing in ideas, innovation and intelligence."
- The Honourable Darin King, Minister of Business, Tourism, Culture and Rural Development

The Venture Newfoundland and Labrador Fund will provide funding to support new local start-ups and companies in the very early stages of their development. Along with a $10 million Provincial Government investment, this fund will also be supported by $2 million from BDC Capital and anticipated investment from individual private investors.

"Our participation in these two venture capital funds is part of an overall strategy that we initiated four years ago with the objective of bringing much needed seed and early stage capital to Canada's venture capital ecosystem. We're pleased to see the Government of Newfoundland and Labrador join its provincial counterparts in helping back the Atlantic provinces' most promising entrepreneurs."
- Jérôme Nycz, Executive Vice President, BDC Capital

GrowthWorks Atlantic Ltd., a leading venture capital management firm that has over two decades experience in managing regionally-focused funds, will manage the Venture Newfoundland and Labrador Fund.

"We believe the time is right for public and private investors to create this new pool of capital for budding entrepreneurs and we are very pleased to be involved in this exciting opportunity."
- Tom Hayes, President & CEO, GrowthWorks Atlantic Ltd.

The Provincial Government will also implement a Venture Capital Tax Credit as an incentive for private investors to partner in capitalizing the fund.

"Available to both individual and corporate investors, the Venture Capital Tax Credit will provide a 30 per cent non-refundable tax credit on investment, capped at a lifetime maximum $75,000 credit to be applied against provincial taxes. This tax credit will serve as a powerful incentive to encourage the necessary participation that will support successful ventures in Newfoundland and Labrador."
- The Honourable Ross Wiseman, Minister of Finance and President of Treasury Board

The two venture capital funds will provide entrepreneurs with access to the capital, advice and extensive business networks they need to expand into the global economy.

"The St. John's Board of Trade is confident about the business opportunities in Newfoundland and Labrador. The creation of this fund is an effective way to exploit these opportunities and address the critical gap in the supply of early stage capital."
- Nancy Healey, CEO, St. John's Board of Trade, sponsor of the Newfoundland and Labrador Angel Network

Build Ventures is a privately managed venture capital fund focused on the Atlantic Canadian Region. The fund began operating in early 2013. Build Ventures makes equity investments in early-stage technology based companies that have successfully gained early customers in what are expected to be large global markets. Newfoundland and Labrador will contribute $10 million toward the $65 million fund.

"We are thrilled that Newfoundland and Labrador has joined with the three other Atlantic provinces to create a truly regional fund. We are excited to work with entrepreneurs in Newfoundland and Labrador and provide the capital they need to build valuable businesses."
- Patrick Keefe, Partner, Build Ventures

The venture capital model of investment has been a primary facilitator of the growth in knowledge-based sectors in recent decades, and it is anticipated this will remain the case.

"As a co-founder of an emerging company, I am very pleased with today's announcement. Access to capital is fundamental in supporting innovative and early stage companies in the start-up community. It is positive to see the partners involved in the creation of these funds come together to address the gap in the supply of early stage capital for companies like mine."
- Dr. Tyler Wish, Co-founder Sequence Bioinformatics Inc.

The Provincial Government will act as a limited partner in both the Venture Newfoundland and Labrador and Build Ventures funds, providing general direction to the fund managers, but not participating in day-to-day operations.

The Government of Newfoundland and Labrador offers a wide suite of programs, including small business tax credits, which are driving economic development. For more information on the venture capital funds, partners and other Provincial Government programs please see the Backgrounder below.

QUICK FACTS

  • The Provincial Government will invest $20 million in two venture capital funds to help entrepreneurs access the funding they need to grow their business.
  • Venture Newfoundland and Labrador will provide funding to support new local start-ups and companies in the very early stages of their development.
  • The Provincial Government will implement a 30 per cent non-refundable Venture Capital Tax Credit as an incentive for private investors to partner in capitalizing the Venture Newfoundland and Labrador fund.
  • The Build Ventures Fund is a pre-existing privately managed Atlantic Canadian regional venture fund that supports early-stage companies which are able to generate enough cash flow to sustain operation.
  • Support in venture capital will complement existing programs offered by the Department of Business, Tourism, Culture and Rural Development.

- 30 -

Media contacts:

Heather MacLean
Director of Communications
Office of the Premier
Heathermaclean@gov.nl.ca
Donna Ivey
Special Assistant (Communications)
Office of the Premier
709-729-3551, 699-2402
donnaivey@gov.nl.ca
Tansy Mundon
Director of Communications
Department of Business, Tourism, Culture and Rural Development
709-729-4570, 693-1865
tansymundon@gov.nl.ca
Daniela Pizzuto 
Manager, Public Relations
Business Development Bank of Canada
514-496-6768
Daniela.pizzuto@bdc.ca
Thomas J. Hayes
President & CEO 
Growthworks Atlantic Ltd.
902-441-3827
Tom.hayes@growthworks.ca
John Tompkins
Director of Communications
Department of Finance
709-729-6830, 728-7762
jtompkins@gov.nl.ca
Kristina George
Communications and Advocacy Specialist
St. John's Board of Trade
709-726-2961, 699-2044
kgeorge@bot.nf.ca
Patrick Keefe
Partner
Build Ventures Inc.
902-209-7644
Patrick@buildventures.ca
Tyler Wish, PhD
Cofounder
Sequence Bioinformatics Inc.
709-728-6858
tyler@sequencebio.co

BACKGROUNDER
Securing a Vibrant and Diversified Economy

Venture Newfoundland and Labrador
The Government of Newfoundland and Labrador established the Venture Newfoundland and Labrador Fund that will provide approximately $15 million of venture capital. This fund will be capitalized through $10 million in Provincial Government funding, $2 million from BDC Capital and anticipated investment from individual private investors.

The Venture Newfoundland and Labrador Fund will be managed by GrowthWorks Atlantic Ltd., a leading venture capital management firm that has over two decades experience in managing regionally-focused funds. GrowthWorks manages funds by the following core principles: structure strategic investments in growth-oriented companies, value portfolio assets conservatively, build vital industry connections and minimize risk through diversification. GrowthWorks have specialized teams in each core sector to identify and structure investments. These teams also help the companies with GrowthWorks manage funds to grow with strategic management support and advice. Companies get guidance from experienced leaders and in turn, the funds' investors know that these companies receive direction to help them thrive.

The Government of Newfoundland and Labrador will act as a limited partner in the fund, able to provide general direction to fund managers, but will not play a role in day-to-day operations.

Venture Capital Tax Credit
The Venture Capital Tax Credit is an incentive for individual investors to partner with the Provincial Government and BDC Capital in capitalizing the Venture Newfoundland and Labrador Fund to the desired level of $2.5 million. It will provide a 30 per cent non-refundable tax credit on investment made in the Venture Newfoundland and Labrador Fund. The amount is capped at a maximum $75 thousand in tax credit to be applied against provincial taxes.

BDC Capital
BDC Capital offers a full spectrum of specialized financing and investment solutions to help Canadian entrepreneurs grow, both at home and abroad. BDC Capital is contributing $2 million to capitalize the Venture Newfoundland and Labrador Fund, in addition to $10 million it invested in Build Ventures in December 2012.

Build Ventures
The Build Ventures Fund is a privately managed Atlantic Canadian regional venture fund that began operation in May 2013. Their mission is to help founders build companies. They provide early stage capital to emerging Atlantic Canadian technology companies. When the fund began it was capitalized by the following limited partners: Nova Scotia ($15 million), New Brunswick ($15 million), Prince Edward Island ($2.5 million), BDC Capital ($10 million), Export Development Canada ($5 million), the Fund Manager ($1 million), Technology Venture Corporation ($5 million), and private investors ($1-3 million).

The Government of Newfoundland and Labrador will now provide $10 million to the Build Ventures Fund, and will act as a limited partner, in concert with the other limited partners, and be able to provide general direction to the fund managers, but will not play a role in day-to-day operations.

While there is no requirement for Build Ventures to spend specific amounts in each partner province, the Government of Newfoundland and Labrador is confident that the province will receive investments, equal to or greater than its share of total fund capital. Additionally, this will create an opportunity to attract venture capital firms from outside the region to invest in Newfoundland and Labrador, given that other established funds, such as the Build Ventures Fund, will be active in the province.

Newfoundland and Labrador Angel Network
The Newfoundland and Labrador Angel Network (NLAN) represents angel investors, successful venture capitalists looking for opportunity in emerging businesses. They help link ready capital with investment opportunities and broker the relationships that can ensure a successful venture. They are the link between capital and emerging opportunities.

Common Ground
Common Ground is a hub for entrepreneurs to work, network and meet with other like-minded people. It is a new way for creative individuals and freelancers to work in St. John's, NL. Members of Common Ground receive access to an innovative working space, office equipment, board rooms, marketing by the company and access to similar spaces across the country.

Other Department of Business, Tourism, Culture and Rural Development Programs
The Regional Development Fund provides non-repayable capital to support non-commercial organizations in activities related to regional and sectoral development, diversification and innovation. These activities include sector and market development, building research and development capacity, advancing regional and sectoral infrastructure, and community, regional and sectoral capacity building. The fund has two components:

  • Regional Development - focuses on infrastructure, marketing and research; as well as human resource and community development. Funding is in the form of non-repayable contributions. Projects must clearly link non-commercial activities to economic diversification and/or business development.
  • Partnership and Capacity Building - supports activity that will coordinate community, regional and sectoral insight and planning in concert with the private sector to identify areas for community development and sustainability. Funding is in the form of non-repayable contributions

The Business Investment Fund provides a flexible source of funding that responds to the shifting needs of today's enterprises, maximizes the available support to clients and strategically expands the pool of eligible companies and activities. These activities include building research and development capacity, investment in business infrastructure, market, product and workforce development - components critical to improving overall competitiveness, productivity, innovation and ensuring strong, sustainable regions.

The fund has three components:

  • Business Investment - provides capital for the growth and expansion of small and medium-sized enterprises, with particular focus on sectors that build on regional strengths. Funding is in the form of term loans and/or equity investments.
  • Business Development - designed to encourage businesses to undertake improvements in technology utilization, adoption of environmental and green technologies, market development, new product development, export readiness, work-skills enhancement and professional technical assistance to enhance productivity, competitiveness and sales. Funding is in the form of non-repayable contributions.
  • Investment Attraction - provides funds for investment in firms expanding or investing in Newfoundland and Labrador that offer economic benefit to the province, with emphasis on new and expanding sectors. Funding is in the form of term loans, forgivable loans, conditionally-repayable loans, or equity investment.

Atlantic Innovation Fund

07 October 2014

ACOA's Advanced Innovation Programming

In today's economy, staying competitive means being innovative. Products and services must meet the demands and the standards of the global market. New technologies must be developed, acquired or adapted for maximum productivity. Businesses and researchers need to work together to help new and traditional sectors pursue opportunities and solve challenges.

That's where the Atlantic Canada Opportunities Agency (ACOA) can help.

ACOA's newly enhanced innovation programming- which includes the Atlantic Innovation Fund and the Business Development Program-now offers a more accessible, flexible and streamlined approach to supporting productivity, commercialization and competitiveness in Atlantic Canada.

ACOA provides support to help Atlantic Canadians:

  • develop new products and servicesthat will lead to strong commercial results and long-term economic growth
  • bring new products and services to market by turning innovative ideas into competitive products and technologies that meet market demands and global standards
  • adapt and acquire new technology that can help boost productivity and competitiveness, and meet ever-evolving customer needs
  • build skills for today's economy that will allow businesses to take operations to the next level of productivity, commercialization and competiveness

 

Atlantic Innovation Fund

ACOA's flagship program for innovation and commercialization, the Atlantic Canada Innovation Fund help Atlantic Canadians develop and bring to market new products and services that lead to market success, help grow strategic sectors, or lead to the creation of research and commercialization partnerships.

Are you a business, university, college or research institution looking to:

  • develop and bring to market new products and services that meet market demands and global quality standards?
  • adapt new technology to meet business needs or respond to market opportunities?
  • help Atlantic Canada's new and traditional sectors pursue opportunities, solve challenges, stay competitive and grow?

The Atlantic Innovation Fund may be able to help.

A part of the Government of Canada's commitment to increasing business productivity, growth and competitiveness, the AIF is helping Atlantic Canada compete at home and abroad by supporting the development of innovative products and services that lead to commercial success.

What types of projects are eligible for funding?

The AIF supports technically sound, market-focused projects that lead to the successful development and commercialization of technology-based products and services. The program also helps businesses work with researchers to adapt existing technology to meet business needs and capitalize on market opportunities.

How much assistance is available?

The Business Development Program can provide assistance of up to 75% of the eligible project costs of your project.

 

To find out more, click here or contact the ACOA office nearest you:

www.acoa-apeca.gc.ca
NewBrunswick:1-800-561-4030
Prince Edward Island:1-800-871-2596
Newfoundlandand Labrador:1-800-668-1010NovaScotia:1-800-565-1228
ACOA Head Office:1-800-561-7862

Compusult Technology Featured on CTV and Global

19 September 2014

Compusult technology (the Jouse2) was featured recently in news articles broadcast by CTV and Global about Ken Worrall, a physically disabled individual who is an online gamer and able to play by using Compusult's Jouse2.

The Jouse2 is an advanced joystick-operated USB mouse that is controlled with your mouth. Just move the precision joystick with your mouth, cheek, chin or tongue to shift the mouse cursor wherever you want.

You can view video clips of these articles  on Compusult's home page (www.compusult.net) or the Jouse product website (www.jouse.com).

EMSAT Corporation and AMBIDADOS Sign Agreement of Strategic Cooperation

02 September 2014

EMSAT Corporation of St. John's, Newfoundland and AMBIDADOS, of Rio De Janeiro, Brazil, have entered into an agreement to develop a commercial offering for the global environmental monitoring market.  The agreement was signed in Brazil during EMSAT's participation in Navalshore 2014.  EMSAT's participation was supported by a partnership between the Dept. of Innovation, Trade and Rural Development, ACOA, NATI and OceansAdvance.

This agreement establishes the technical and business foundation for cooperation on product development and technology integration the result of which will be an advanced product to gather, aggregate and disseminate real-time meteorological and oceanographic data used in the offshore industry. 

EMSAT Corporation brings to this enterprise the EMSAT Software™ Solution - real-time data aggregation, data visualization, and automatic reporting and compliance tools. AMBIDADOS' will provide technical, scientific and application knowledge related to its MetOcean data acquisition system, design and implementation service for its ALLWA buoy. 

Dan Brake, CEO of EMSAT Corporation, acknowledged this is a significant opportunity for the company.  "Our relationship with the team at AMBIDADOS began in 2013.  This agreement reflects EMSAT's view that partnerships are the most practical and successful way to enter a new market and are the foundation of EMSAT's business and marketing strategies.  Together we have worked diligently to determine how the integration of our respective technologies could be a game changer for monitoring in the offshore sector and for maritime and port facilities.  Work will begin immediately between EMSAT and AMBIDADOS for applications in Brazil and other parts of the world including Canada and the United States."

EMSAT™ provides software solutions to meet real-time environmental data monitoring challenges of today's industry.  The EMSAT software is a powerful data aggregation, visualization and data management platform that leverages sensor and live computing technologies to deliver accurate Real-Time Environmental Monitoring solutions.  The EMSAT solution may be applied in a broad range of applications including the oil and gas industry; the mining industry; asset integrity (pipelines and bridges) monitoring; climate change, air and water quality assessments; and coastal monitoring and management.

AMBIDADOS specializes in supplying the offshore market with high-level services in the purchase, processing and analysis of MetOcean data including bathymetric surveys.  AMBIDADOS develops buoys and other MetOcean data acquisition systems aimed at operation and oceanographic projects.

For more information contact: Catherina Kennedy, Business Development and Marketing Manager,

EMSAT Corporation, catherina@emsatcorp.com

August 27, 2014

www.emsatcorp.com                www.ambidados.com

Camouflage Software Releases Version 4.3.3 of Its Enterprise Data Masking Product

15 July 2014

Camouflage Enterprise 4.3.3 brings added intelligence to sensitive data protection with richer data relationship discovery and enhanced Sensitive Data Analytics 
 
St. John's, Canada - Camouflage Software Inc., a pioneer in data masking technology specializing in enterprise data security solutions, announced the latest release of its flagship data masking platform, with version 4.3.3.
 
The new release marks the next step toward the company's vision of Intelligent Data Masking with further enhancements to Camouflage Discovery to more intelligently assess the risk profile of all data elements in the context of data relationships. The release comes on the heels of Camouflage's recent release which saw the introduction of enhanced sensitive data discovery capabilities, reporting, and centralized data repository. Highlights of Camouflage Enterprise 4.3.3 include:
 
• Better Understand the enterprise sensitive data landscape 
By further automating the identification of data relationships via new metadata heuristics, data profiling and statistical analysis, Camouflage Discovery greatly reduces the need for manual effort, enabling a more agile and efficient process in analyzing the sensitive data landscape of an enterprise;
 
 Improved Sensitive Data Analytics 
With extended browser-based data analysis tools, data export capabilities (such as CSV and MS Excel formats) and improved integration capabilities for third party reporting tools, visualizing data at risk and taking action to mitigate those risks has never been easier;
 
• Shorter Time to Value with Camouflage Subsetting
Leveraging the new enhancements to the data relationship discovery functionality, Camouflage Subsetting provides more accurate slices of data in a shorter time frame by automatically incorporating sensitive data search results into subsetting configurations reducing the need for manual configuration.
 
"This release of Camouflage Enterprise furthers our mission to drive down the complexity of data masking with a solution that enables our customers to more easily understand their sensitive data," says Kevin Duggan, President and CEO of Camouflage. "With the explosion in data volumes, expectations of real-time availability, and the unpredictable nature of the modern data landscape, it is becoming increasingly difficult for companies to unlock the value of their data. Bringing more intelligence to masking represents a natural evolution for our products in response to these significant market shifts."
 
To learn more about Camouflage 4.3.3, download the Camouflage Enterprise Solution Brief at  http://www.datamasking.com/resources/data-sheets/data-discovery-product-brief  or visit  www.datamasking.com
 
###
 
About Camouflage
As pioneers in data masking, Camouflage Software Inc. offers an end-to-end intelligent data masking solution featuring discovery, classification, subsetting and data masking technologies designed to ensure that sensitive information is properly protected for use in application development, testing, out-sourcing and training. Combined with its team of data masking experts and best practice guidance, Camouflage offers a proven and comprehensive approach to securing sensitive data and facilitating compliance with legislation like US-EU Safe Harbor, EU Data Protection Directive, HIPAA/HITECH, PCI-DSS, GLBA, PIPEDA and more. For additional information please visit us at  www.datamasking.com

Sobey School of Business Work Smarts Wage Subsidy Program

15 July 2014

The Sobey School Business Development Centre is pleased to provide federal wage subsidies to employers throughout Atlantic Canada to hire recent graduates. The SSBDC is currently coordinating the Work Smarts program in partnership with Service Canada. Through this program, we provide a wage subsidy to employers to hire a recent graduate. Last year, we placed 60 recent graduates in career related positions with small and medium enterprises. Through Service Canada, we have been able to offer each employer in the program over $11,000 in funding to help grow their business while providing valuable experience to new graduates.  

Are you a recent graduate and looking for relevant work experience?

Work Smarts could give you the opportunity you need to kick start your career! Some conditions apply. Here is some information on the program as well as the eligibility requirements

If you are interested in the program, please check out our current job postings:

Are you an employer interested in Work Smarts? Please click here

Build in Canada Innovation Program Call for Proposals

02 July 2014

June 20, 2014 - Gatineau, Quebec - Public Works and Government Services Canada

Today, the Honourable Diane Finley, Minister of Public Works and Government Services, announced the launch of the fifth Call for Proposals for the Build in Canada Innovation Program (BCIP), while visiting Tektrap, a Gatineau-based company that received a BCIP contract and is now selling its product internationally.

The Harper Government is helping to bring Canadian businesses one step closer in moving their products and services into domestic and international markets, contributing to job creation and economic growth in Canada.

Minister Finley also announced that the Government of Canada has pre qualified 72 innovations under the fourth round of the BCIP.

Over the coming months, Public Works and Government Services Canada (PWGSC) will match the pre-qualified innovations from the fourth call with various government departments.

The BCIP encourages Canadian entrepreneurs to submit innovative designs that can potentially help departments find solutions for achieving their operational objectives. If innovations are successfully matched with a department's needs, businesses will have their pre-commercial innovative products and services tested within a government environment and will receive valuable feedback.

There are many success stories of small companies like Tektrap. Tektrap's innovation, the CargoKeeperTM, is a small, undetectable electronic tag for GPS tracking of maritime cargo containers. It can also detect when a container has been mishandled or even opened. Since Tektrap was awarded a BCIP contract, international clients have purchased its innovation. The BCIP helps Canadian businesses expand and succeed, directly benefiting Canadian workers and their families.

The Harper Government encourages all Canadian entrepreneurs to submit their proposals for the fifth round on Buyandsell.gc.ca/tenders before the September 16, 2014 deadline.

 

Quick Facts

  • The BCIP was launched in 2010 as a pilot program to connect Canadian companies with federal departments and agencies that have a need for innovative products and services.
  • To build on the early success of the pilot program, Economic Action Plan 2012 allocated additional funding for three years, starting in 2013. As of 2016, $40 million will be permanently dedicated to the BCIP annually.
  • Since 2010, 1,244 proposals were submitted, 84 innovations were pre-qualified during the pilot phase of the program, of which 72 contracts were awarded to Canadian companies to test their products and services with government departments.
  • An additional 72 innovations (61 standard and 11 military) were pre-qualified under the fourth Call for Proposals, which was the first Call for Proposals under the permanent program, and the first to include the military component.
  • The fifth Call for Proposals, which includes a military component, is currently available on Buyandsell.gc.ca/tenders. Suppliers have until September 16, 2014, to submit their proposals.

 

Quotes

"Our Government's top priorities are creating jobs and economic growth right here in Canada. The BCIP's purpose is to kick-start Canadian businesses by getting home-grown innovations from the lab to the marketplace. This program helps keep the Canadian economy moving and ensures that Canadian small and medium-sized businesses can grow and prosper not only in Canada, but on the world stage as well."

The Honourable Diane Finley
Minister of Public Works and Government Services

Contacts

Marcel Poulin
Office of the Honourable Diane Finley
819-997-5421

Media Relations
Public Works and Government Services Canada 
819-956-2315

PWGSC news releases are also available on our Internet site.

Follow us on Twitter.

 

Backgrounder

Build in Canada Innovation Program

The Build in Canada Innovation Program (BCIP) is a procurement program created to bolster innovation in Canada's business sector, and to help companies bridge the pre-commercialization gap for their innovative products and services.

The program provides the opportunity for innovators to:

  • sell their pre-commercialized goods and services to the Government of Canada through an open, transparent, competitive and fair procurement process;
  • connect with potential clients in federal government departments and showcase their innovations to them;
  • get feedback on the use of their innovations in an operational setting before taking them to market; and
  • enter the marketplace with a successful application of their innovations.

Whether or not innovators are successful in being awarded a contract, they will also:

  • find out how to sell to the Government of Canada;
  • learn more about opportunities for supplying innovative goods and services to the Government of Canada; and
  • improve their understanding of how to do business with the Government of Canada.

Building on the early success of this pilot program, Economic Action Plan 2012 allocated additional funding for three years, starting in 2013. As of 2016, $40 million will be permanently dedicated to the BCIP annually. The program also now includes a military procurement component.

The BCIP has two complementary objectives. The first is to identify Canadian innovations to test within federal operations to support businesses as they move their innovations to commercialization. The second builds on improving small and medium enterprises' (SME) access to federal procurement activities, and enables companies to showcase innovative products and services to potential government users.

The BCIP targets innovations in five key areas:

  • the environment;
  • safety and security;
  • health;
  • enabling technologies; and
  • a military component.

The value of contracts under the program's standard component will continue to be up to $500,000. Under the military component, innovations could be eligible for contracts of up to $1 million.

Proposals related to the opportunity to test innovative products and services are accepted through competitive Calls for Proposals. The initial Call for Proposals was announced in October 2010, the second in July 2011, the third in February 2012, and the fourth in November 2013. The fifth Call for Proposals was announced on June 20, 2014, and will close on September 16, 2014.

Public Works and Government Services Canada (PWGSC) continues to work with all stakeholders to ensure that SMEs receive the vital government support needed to thrive in today's evolving economy.

The Office of Small and Medium Enterprises (OSME) assists SMEs as they navigate through the government procurement system. It is strengthening access to government business for SMEs by collaborating with industry associations and individual businesses on training, providing information, developing support tools, and recommending procurement policy changes. OSME is also working with SMEs to identify and pursue opportunities that encourage the introduction of innovative products and services to the marketplace.

PWGSC will be working with government departments to match innovations with the right test departments, and with the selected companies to put contracts in place to test their innovations, should the right department be found. Marking the first sale for these innovations, these contracts will also facilitate Canadian companies in moving their innovations into domestic and international markets by having the Government of Canada as a first client reference.

Descriptions of the innovations can be found on the BCIP website.

For more information about the program, please visit the BCIP web page.

Bluedrop Performance Learning Ranks on the 2014 PROFIT 500

26 June 2014

ST. JOHN'S, Newfoundland, June 23, 2014 /CNW/ -- Bluedrop Performance Learning today announced that it was ranked No. 260 on the 26(th) annual PROFIT 500, the definitive ranking of Canada's Fastest-Growing Companies. Published in the July issue of Canadian Business and online at PROFITguide.com, the PROFIT 500 ranks Canadian businesses by their revenue growth over five years.

KEY FACTS:

-- Bluedrop made the 2014 PROFIT 500 list with five-year revenue growth of 218 percent.
-- Bluedrop is publicly traded as BPL on the TSX Venture Exchange. 
-- Bluedrop has been recognized globally as a thought leader in workforce development. From this recognition, Bluedrop has made commitments to work with organizations such as the Clinton Global Initiative to help bring these critical solutions to not-for-profits and corporate CSR executives.
-- Ranking Canada's Fastest-Growing Companies by five-year revenue growth, the PROFIT 500 profiles the country's most successful growth companies.

SUPPORTING QUOTES:

-- Emad Rizkalla, founder and CEO of Bluedrop Performance Learning, said: "This recognition speaks to the growing demand for innovative training solutions that are scalable, convenient and resulting in tangible benefits. Both of our divisions, Bluedrop Learning Networks and Bluedrop Training and Simulation, have experienced very rapid growth in the past years. Growth projections for the industries are very strong as organizations and economies see the benefits of leveraging technology to meet ever-growing learning needs."
-- James Cowan, editor-in-chief of Canadian Business and PROFIT, said:"The members of the PROFIT 500 are the elite of the country's entrepreneurial community. Their stories are lessons in business strategy, innovation, management excellence and sheer tenacity."

For more information, visit: http://www.bluedrop.com/, and follow Bluedrop on Twitter @bluedrop_BPL, LinkedIn and Facebook.

About Bluedrop

Bluedrop Performance Learning (TSX-V: BPL) is an innovator in workplace training for individuals, corporations, military personnel and the public sector. Bluedrop recently created Bluedrop Learning Networks to offer simple, scalable training delivery. Launched in 2004, with six offices and over 190 employees, Bluedrop is transforming the workplace by designing, developing and delivering practical, actionable and affordable training content that improves individual and overall performance of organizations. For more information, visit www.bluedrop.com.

Startup Canada Celebrates Entrepreneurial Leaders at the CN Tower

13 June 2014

Leading entrepreneurs, communities and organizations recognized for outstanding leadership in advancing Canadian entrepreneurship at the 2014 Startup Canada Awards Finale

TORONTO, June 12, 2014 -Startup Canada unveiled the winners of the 2014 Startup Canada Awards today during a ceremony and reception atop the CN Tower.

The Startup Canada Awards can be likened to the Oscars for the Canadian entrepreneurship community. According to Dr. Sorin Cohn, the Chair of the Adjudication Committee, "These Awards celebrate the people and organizations dedicated to building a strong ecosystem in support of high-impact and high-growth businesses in Canada."

In its inaugural year, the Awards had more than 260 applications and nominations from across Canada.

Regional winners were selected and celebrated at grassroots events throughout the month of May in Vancouver, Calgary, London, Montreal and Halifax. These events featured fireside discussions and Wolf Blass Wine Lounge receptions. The names of the regional winners were forwarded to the National Adjudication Committee, and more than 3,500 Canadians had their say through online public voting to decide the national winners.

Gerry Pond, a visionary entrepreneur, investor and philanthropist from Fredericton, was awarded the Wolf Blass Lifetime Achievement Award for his commitment to uniting and strengthening the entrepreneurship community in Atlantic Canada - a region re-inventing itself as a startup hub.

"We need to come together as an entrepreneurial region if we want to create the next generation of high-growth companies," Pond said during his interview at the fireside discussion at the regional awards in Halifax.

Other individuals celebrated this evening include:

  • Ryerson University professor, author and television host Dr. Sean Wise as Mentor of the Year
  • Entrepreneur columnist and speaker Rick Spence as Media Person of the Year
  • Winnipeg-based entrepreneur Chris Johnson as Community Builder of the Year
  • VA Angel's founder Randy Thompson as Investor of the Year
  • Dalhousie University's Dr. Mary Kilfoil as Educator of the Year and
  • Fourteen-year-old founder of BodyBijou.com, Linda Manziaris, as Young Entrepreneur of the Year.

As part of the Awards, entrepreneurs also had the chance to recognize organizations and groups that are making a difference for Canadian entrepreneurs, including incubators, accelerators, non-profit, government and private organizations.

"Entrepreneurs don't rest until they reach their goals, and neither should we," said Helen Braiter, Director of the Build in Canada Innovation Program (BCIP), which was recognized as Government Program of the Year this evening. "We need to keep innovating as 'intrapreneurs' within our organizations to build the Canada our entrepreneurs need and deserve."

BCIP is a national program that helps the government become the first customer of innovative products and services from startup companies.

Other organizations recognized for their entrepreneurial impact included Microsoft Canada, EY Canada, Wavefront, TEC Edmonton, the MaRS Discovery District, Startup Calgary, the International Startup Festival in Montreal and the University of New Brunswick.

"These Awards have given entrepreneurs across Canada the chance to say thank you to those who are creating the conditions for their success," said Victoria Lennox, co-founder and CEO of Startup Canada. "We are recognizing and celebrating what we want to see more of in Canada so that we can become the best country in the world in which to start and grow a business."

2014 Winners 

Please find below the results of the 2014 Startup Canada Awards.

 Wolfblass Lifetime Achievement Award
Winner: Gerry Pond
Runner-Up: Gary Will
Honourable Mention: Allan Scott

Young Entrepreneur of the Year
Winner: Linda Manziaris
Runner Up: Boris Martin
Honourable Mention: William Zhou

Media Person of the Year
Winner: Rick Spence 
Runner-Up: Rob Lewis 
Honourable Mention: Peter Moreira

Educator of the Year
Winner: Dr. Mary Kilfoil
Runner-Ups: Ajay Agrawal & Howard Armitage
Honourable Mentions: Michael Avedesian and Brent Mainprize

Mentor of the Year
Winner: Sean Wise
Runner-Up: LP Maurice
Honourable Mentions: Randy Yatscoff, Cathy Kuzel & Robert Zed

Ecosystem Builder of the Year
Winner: Chris Johnson
Runner-Ups: Dan Gunn & Phil Telio
Honourable Mention: Joel Adams & Bob Pelley

Investor of the Year
Winner: Randy Thompson

Non-Profit Organization of the Year
Winner: MaRS Discovery District
Runner-Up: Launch Academy
Honourable Mentions: La Fondation Montreal, Northern Alberta Business Incubator and Ladies Learning Code

Entrepreneurial Effect Awards
Winner: International Startup Festival
Runner-Up: Fundica
Honourable Mentions: Entrepreneur 101 at the MaRS Discovery District, Clarity.fm and HumberLaunch

Startup Community of the Year
Winner: Startup Calgary
Runner-Ups: Startup Fredericton  & Startup Winnipeg
Honourable Mentions: Startup Prince George, Startup Waterloo Region & Quebec Startup

 Post-Secondary Institution of the Year
Winner: University of New Brunswick
Runner-Up: Ryerson University 
Honourable Mention: University of Waterloo

Government Organization of the Year
Winner: Build in Canada Innovation Program
Runner-Up: BC Innovation Council
Honourable Mention: Women's Enterprise Initiative

Anchor Company of the Year
Winner: Microsoft
Runner-Up: Shopify
Honourable Mention: Hootsuite

Incubator of the Year 
Winner: TEC Edmonton 
Runner-Up:  Alberta Women Entrepreneurs

Accelerator of the Year 
Winner: Wavefront 
Runner-Up: Founderfuel

 Professional Services Organization of the Year
Winner: EY Canada
Runner-Up: McInnes Cooper
Honourable Mention: Boast Capital

About Startup Canada 

Startup Canada's mission is to make Canada the best place in the world to start and grow a business by uniting and strengthening Canada's entrepreneurship ecosystem and culture from the bottom-up.

Since 2012, Startup Canada has:

  • launched 20 Startup Communities,
  • built a network of more than 80,000 Canadians,
  • worked with 400 partner organizations and 300 volunteers, and
  • become the most followed entrepreneurship organization in Canada on social media.

Startup Canada helps to lead the Canadian entrepreneurship movement through its flagship programs, events and advocacy efforts, including the Canadian Mentorship Challenge, Startup Canada Day on the Hill, the Startup Canada Awards, 1000 Startups, Startup Communities, Startup Connect and the Startup Canada Task Force.

Statoil and Research & Development Corporation invest in Arctic and harsh-environment R&D

10 June 2014

St. John's, June 10, 2014- Statoil and Research & Development Corporation invest in Arctic and harsh-environment R&D

The Research & Development Corporation (RDC) and Statoil Canada Ltd. are pleased to announce a collaborative investment in three new research and development projects with the potential to improve Arctic and harsh-environment offshore oil and gas operations in Newfoundland and Labrador and around the world. The total value of the projects is $3.9 million, including $2.4 million from Statoil Canada and $1.5 million from RDC.

"This collaborative initiative aligns well with our efforts to enhance the province's reputation as a real-world Arctic laboratory and a proving ground for harsh environment research and development.  Newfoundland and Labrador's deeply rooted culture in ocean innovation has turned what many view as challenges into opportunities and competitive advantages.   Surrounded by cold water and extreme weather conditions, there is no better place than Newfoundland and Labrador to develop new Arctic technologies.  As a government, our goal is to bolster economic development by positioning our province as the ideal staging ground for Arctic activities."

-       The Honourable Susan Sullivan, Minister of Innovation, Business and Regional Development and Minister Responsible for the Research & Development Corporation

The projects, funded through Statoil Canada's Arctic R&D Step-Up initiative and RDC's ArcticTECH program, are:

  • Kvaerner Canada Ltd. - Arctic subsea oil and gas separation and storage technology;
  • Rutter Inc. - oil and ice analysis system capable of automatically detecting and displaying ice features, and providing ice floe and pan drift prediction; and,
  • AMEC Americas Ltd. - integrated ice surveillance system that incorporates risk assessment, iceberg and sea-ice remote sensing technology, and ice forecasting technology.

Statoil announced the Arctic R&D Step-Up initiative in March 2013, inviting companies to submit proposals related to Arctic subsea production systems or remote sensing technology. The initiative was launched by Statoil Canada identifying RDC as a collaborative partner.

"Statoil is constantly seeking strategic, innovative solutions to meet its technology requirements, to build expertise and to solve key harsh environment challenges. We are pleased with the quality of the project proposals received through this initiative. I am confident that by working with these companies and RDC, we will enhance Arctic R&D capacity."

-       Atle Aadland, Vice President, Offshore Newfoundland, Statoil Canada

RDC's investment includes a $500,000 commitment for each of the three projects.

"These projects represent opportunities to not only develop new technologies, but also enhance business R&D capacity in Newfoundland and Labrador. In launching this initiative, Statoil recognized opportunities to build local capacity that aligned with their Arctic and harsh environment development opportunities and technology needs. I am confident this collaborative initiative will provide significant long-term benefits to the province."

-       Glenn Janes, Chief Executive Officer, RDC

For additional project details on the projects, please see the backgrounder below.

The Research & Development Corporation is a provincial Crown corporation responsible for improving Newfoundland and Labrador's research and development performance. RDC works with research and development stakeholders including business, academia and government agencies and departments to make strategic research and development related investments in people, research opportunities and infrastructure. For more information please visit www.rdc.org

Statoil is an international energy company with operations in 36 countries. Building on more than 40 years of experience from oil and gas production on the Norwegian continental shelf, Statoil is committed to accommodating the world's energy needs in a responsible manner, applying technology and creating innovative business solutions.

A growing part of Statoil's Canadian operations is offshore Newfoundland, where Statoil has ambitions to become a producing operator. Statoil has built a strong position in the province, managing non-operated production and field developments as well as operating several exploration programs. Statoil is a partner in the Hibernia and Terra Nova fields as well as the Hebron and Hibernia South Extension developments. Statoil has made three discoveries in the Flemish Pass, including Bay du Nord, which was the world's largest oil discovery in 2013, with between 300-600 million barrels of high quality crude. For more information about Statoil visit www.statoil.com

-30-

Media contacts:

Jennifer Tulk

Director of Communications
Department of Innovation, Business and Rural Development
709-729-4570, 728-4104

jennifertulk@gov.nl.ca

 

Alex Collins

Acting Lead, Communications

Statoil Canada Ltd.

709-738-8644,  769-8967

acoll@statoil.com

Chris Flanagan

Director of Marketing and Communications

Research & Development Corporation

709-758-1021, 709-691-1009

chrisflanagan@rdc.org 

 

 

BACKGROUNDER

Projects selected for collaborative funding from the Statoil Arctic R&D Step-Up initiative  and RDC's ArcticTECH program.

AMEC Americas Ltd.

AMEC Americas Ltd. (AMEC) is collaborating with Statoil Canada Ltd. (Statoil) to develop an integrated ice surveillance system that will fully incorporate three key elements: (1) iceberg and sea-ice remote sensing technology; (2) ice forecasting technology; and, (3) a data integration, information display, risk assessment, and ice management decision support platform. Successful outcomes of this project will assist Statoil in addressing active issues related to the company's operations in ice-covered and harsh environments.

AMEC is a focused supplier of consultancy, engineering and project management services to its customers in the world's oil and gas, mining, clean energy, environment and infrastructure markets. AMEC's Environment & Infrastructure office in St. John's provides oceanographic monitoring, weather forecasting and ice services. 

Kvaerner Canada Limited 

For this project Kvaerner Canada Limited (Kvaerner) will be collaborating with Statoil Canada Ltd. in researching concepts and designs for deepwater Arctic separation and storage facilities.  The facilities would be used in conjunction with a fixed or floating offshore production facility and would consist of concrete tanks mounted on the seabed.  The tanks would be used for separation of gas and water from oil and storage of stabilized/separated oil. 

Kvaerner is a leading provider of engineering, procurement and construction (EPC) services, and delivers offshore installations and onshore plants for upstream oil and gas production around the world. Kvaerner ASA, through its subsidiaries and affiliates ("Kvaerner"), is an international contractor and preferred partner for oil and gas operators and other engineering and fabrication contractors.  Kvaerner has been present in Newfoundland since 1993, and is currently heavily engaged in the Hebron GBS project through Kiewit Kvaerner Contractors

Rutter Inc.

Rutter Inc. (Rutter) is collaborating with Statoil Canada Ltd. to develop comprehensive oil and ice analysis technology that will provide pervasive, 24-hour real time information for decision support in such tasks as ice defense planning, mission logistics, incident detection and response coordination. Successful outcomes of this project will result in a system capable of automatically detecting and displaying sea ice characteristics and properties as well as providing drift prediction for ice floes and pans.

Rutter is a St. John's, Newfoundland and Labrador based company that specializes in the research and development of advanced radar signal processing, image processing and display technologies. Rutter applies these technologies in its portfolio of advanced radar systems, which are globally deployed to solve issues of ice, oil, and small target detection for marine, military and security/surveillance applications. Rutter also applies these technologies to radar based wave and current detection through its wholly owned subsidiary company, OceanWaveS GmbH, located in Germany.

RDC Investment Focuses on Corrosion Research at a Coastal Exposure Test Site

04 June 2014

The Research and Development Corporation (RDC) is pleased to announce an investment of $598,000 to build research and development capacity and expertise in corrosion research, an area of significant interest for the oil and gas, marine shipping and other industries who work in the Arctic and other harsh environments.

"Activity and global interest in the Arctic is increasing as the region becomes more accessible and new opportunities emerge for economic growth and development. Newfoundland and Labrador is well positioned to play an integral role in the future development of the region.  With this funding we have an opportunity to develop world class facilities and expertise in corrosion research and testing, which is an important step in placing the province as a real world laboratory for Arctic and harsh environment research."

- The Honourable Susan Sullivan, Minister of Innovation, Business and Rural Development and Minister Responsible for the Research & Development Corporation

The project includes a $350,000 investment in a new R&D test site in Argentia and $248,000 in an R&D project to model Corrosion Under Insulation (CUI), led by Memorial University researcher Dr. Faisal Khan in conjunction with industry partner Husky Energy. Husky and MUN's School of Graduate Studies are contributing an additional $126,000 to the project.  Dr. Khan's research into CUI is the first project to be conducted at the site. The project will develop a model to determine the CUI rate in harsh environments and help anticipate the need to perform maintenance on subsea pipelines and other equipment.  

"Corrosion of equipment offshore and onshore is a major concern for oil and gas producers, ship owners and others. To diversify our R&D landscape, Newfoundland and Labrador must invest in the expertise, research and infrastructure required to address these needs, locally and globally."

- Glenn Janes, Chief Executive Officer RDC

RDC's recently commissioned test site will help assess coatings and materials performance in a real world environment. The exposure site will be used by researchers and businesses to evaluate the detection, measurement and analysis of asset integrity issues such as corrosion in harsh operating environments. 

Corrosion is a serious issue in harsh marine environments that can lead to major problems in health and safety, the environment, and productivity. RDC's test site will include test apparatus for CUI, coatings performance research and other research activities, a meteorological tower, exposure racks, security fencing, and data acquisition and communications equipment.

 

QUICK FACTS

  • RDC is investing nearly $600,000 to build research and development capacity and expertise in corrosion research.
  • The investment includes the construction of a new coastal exposure test site in Argentia to help assess coatings and materials performance in a harsh environment.
  • The investment also includes support for an R&D project to model Corrosion Under Insulation (CUI), led by Memorial University researcher Dr. Faisal Khan, in conjunction with industry partner Husky Energy.

 

RDC is a provincial Crown corporation responsible for improving Newfoundland and Labrador's research and development performance. RDC works with research and development stakeholders including business, academia and government agencies and departments to make strategic research and development related investments in people, research opportunities and infrastructure. For more information please visit www.rdc.org.

 

Dr. Faisal Khan is a Professor and Vale Research Chair of Process Safety and Risk Management at Memorial University (Memorial). He completed his Bachelor of Science in Engineering at the Aligarh Muslim University; completed his Master of Engineering at the University of Roorkee and his Doctorate of Philosophy from Pondicherry University. Dr. Khan's research interests are in the areas of safety and risk engineering, inherent safer design, and risk-based asset integrity. He has over 160 papers in international refereed journals and has supervised over 80 students from the Masters, PhD, and Post Doctorate levels.

A Reminder from Triware about RANSOMEWARE

29 May 2014

Our New Reality

Triware Technologies has seen an increased level of activity from RANSOMEWARE similar to "Crypto Locker" within the last 24-hours and multiple clients have been affected by this new strain of exploit.

What Should You Do?

Due to the significant and sudden increase in the number of affected PC's we've seen, we'd suggest a few proactive steps be taken to minimize the potential that you lose data in your office.  

  1. Inform staff not to open email messages from suspicious or unknown parties. These may look legitimate and indicate you have an ELECTRONIC FAX, E-TICKET, TRAVEL ITERNARY, etc. attached or to retrieve electronic download.
  2. If you suspect an email is legitimate and does not have a file attached, be careful to review the email and "mouse over" any links in the email before clicking on them to see if the link is hosted on a safe legitimate domain name.  
  3. Consider BLOCKING ALL executable downloads from user PC's so that users are not inadvertently exposed to the ability to retrieve files that can harm their PC's and infect the rest of the network. We can help you make this change and it won't affect your ability to download the majority of content such as web sites, emails, or business documents.
  4. If you suspect you've been infected or experience any errors opening data files, contact us immediately.

Virus signatures change daily and organizations looking to exploit vulnerabilities do make strategic changes to avoid detection and get through safety mechanisms. Combining good network security with best practices and a cautions approach to suspicious content is always the best advice.

ArcticENGINEER high school enrichment program accepting applications until May 30

26 May 2014

ArcticENGINEER high school enrichment program accepting applications until May 30

The ArcticENGINEER summer enrichment program hosted by Memorial University's Faculty of Engineering and Applied Science (FEAS) and funded through the Research & Development Corporation (RDC) is now accepting applications from high school students for the summer of 2014. The program provides exposure to the field of Arctic engineering to students who excel in science, technology, engineering and math and have completed grade 10, 11 or 12 by June of 2014. The application deadline is May 30th 2014.

ArcticENGINEER focuses on hands-on learning and offers different activities each day such as:  

  • Tours to Arctic engineering facilities such as the Marine Institute, National Research Council Canada (NRC), C-CORE and Memorial's FEAS to see specialized equipment including simulators, Remotely Operated Underwater Vehicles (ROV's), the NRC ice tank and cold room, and more.  
  • A variety of engineering-related team activities such as building a model of an oil platform and testing survival suits in the Holyrood harbour. 
  • Interacting with university researchers and industry experts currently working in the field.
  • Learning about current research projects in Arctic engineering.

"Introducing students to Arctic engineering early in their academic studies gives them the opportunity to gain a greater understanding for the growing sector of Arctic-related research and development in our province. The feedback that students provided for ArcticENGINEER in 2013 was extremely positive and I hope that the program will inspire students to build their studies and careers around this sector in Newfoundland and Labrador."

- Glenn Janes, Chief Executive Officer, Research & Development Corporation  

"The Faculty of Engineering and Applied Science is delighted to partner with RDC on the ArcticENGINEER high school enrichment program. Partnerships like this are very important to the faculty's recruitment efforts. The ArcticENGINEER enrichment program will introduce potential students to the thriving field of Arctic engineering when they are thinking about their post-secondary options."

- Andy Fisher, Associate Dean, Undergraduate Studies, Faculty of Engineering and Applied Science, Memorial University

Last year, 24 high school students from across the province attended the program. Based on outstanding response from last year's participants, the program has been expanded to allow for up to 32 students to participate this year. Grade 11 student Cayley Thoms attended the program last year and highly recommends it to students who are interested this year.

"I had an amazing time attending the ArcticENGINEER summer program. The program helped me learn much more about occupations in the field of engineering, especially in Arctic engineering, and it opened my eyes to how great engineering is. All of the tasks were fun and very educational and I loved all of the evening activities as well! Every person who was at the camp was great and the counselors and staff made it a great experience for me!"

-          Cayley Thoms, 2013 participant.

Students are selected on the basis of high academic status and achievement, school referral and written personal essay. Programs will be held from July 21st - 25th, and from July 28th - August 1st.   Students will stay in Memorial University residences for the week of their sessions, and will check into residence the Sunday evening before their session is scheduled to begin (July 20th and 27th respectively). Program registration cost is $200 which includes accommodations and meals. The Research & Development Corporation is investing $97,900 into the program for the summer of 2014 through its ArcticTECH program and has committed to invest an additional $97,900 for the summer of 2015.  

Visit http://www.engr.mun.ca/community/CampArcticEngineering.php for application, referral form, and more information.

The Research & Development Corporation is a provincial Crown corporation responsible for improving Newfoundland and Labrador's research and development performance. RDC works with research and development stakeholders including business, academia and government agencies and departments to make strategic investments in highly qualified people, R&D infrastructure and innovative research. For more information about RDC, go to www.rdc.org

 

Chris Flanagan

Director, Marketing & Communications

Research & Development Corporation

709-758-1021, 691-1009

chrisflanagan@rdc.org

Jackey Locke, Communications Co-ordinator

Faculty of Engineering and Applied Science  Memorial University

(709) 864-8287, 691-5027

jackey.locke@mun.ca.

Kraken Delivers Real Time Sonar Signal Processor to Australia’s Defence Science and Technology Organisation

26 May 2014

Kraken Delivers Real Time Sonar Signal Processor to Australia's Defence Science and Technology Organisation

ST. JOHN'S, NEWFOUNDLAND-20 MAY 2014- Kraken Sonar Systems Inc. announced today that Sea Acceptance Testing of its Embedded Real Time Synthetic Aperture Sonar (RTSAS) Signal Processor for Australia's Defence Science and Technology Organisation (DSTO) was a success.

DSTO is a national leader in safeguarding Australia by delivering valued scientific advice and innovative technology solutions for the country's defence and national security.

In 2013 DSTO procured an AquaPix® Interferometric Synthetic Aperture Sonar system from Kraken for research related to enhancing mine detection and neutralization techniques using Autonomous Underwater Vehicles (AUVs). As their research advanced, DSTO scientists required a real-time sonar signal processing capability embedded directly onboard their REMUS 600 AUV. In real-time signal processing, the analyzed (input) and generated (output) samples can be processed continuously.

DSTO is also developing automatic target recognition algorithms to identify naval mines. Moving the algorithms directly onboard the AUV eliminates the requirement for data post-processing and has the potential to significantly increase the speed of operation for mine countermeasures. The key to fulfilling this objective is the capability to process the sonar data onboard the vehicle in near real-time, while producing detailed 3D imagery of the seafloor.

Kraken's RTSAS is a rugged, small-form-factor subsystem that incorporates an NVIDIA Kepler GPU. This kind of graphics processing capability is increasingly being applied in the aerospace and defense industry for complex digital signal processing. The RTSAS architecture has been designed from the ground up not just for maximum imaging performance but optimal performance per watt. The result is world class performance and the highest image quality in an elegant and power efficient unit.

In essence, the GPU acts as a massively parallel embedded processor for Synthetic Aperture Sonar (SAS) data. SAS provides ultra-high seafloor image resolution at significantly longer ranges than conventional sonar. This is done by replacing traditional sonar hardware with sophisticated signal processing software.

"We are very pleased to announce that we are now shipping our new RTSAS module," said Karl Kenny, President and CEO for Kraken Sonar Systems Inc. "We're continuing to build the performance innovations that our customers demand for their mission-critical sonar applications. We're also delighted to continue our scientific and technological collaboration with DSTO."

 

About Kraken Sonar Systems Inc.

Kraken is a marine technology company engaged in the design and development of high performance Synthetic Aperture Sonars and Acoustic Velocity Sensors for military and commercial applications. For more information, please visit www.krakensonar.com.

 

FOR FURTHER INFORMATION ABOUT THIS RELEASE, PLEASE CONTACT:

Kraken Sonar Systems Inc.
Glenda Leyte, Marketing Manager
(709) 757-5757 extension 242
gleyte@krakensonar.com

 

Bluedrop Performance Learning Wins Flight Simulator Contract with Colombian National Police Force

16 May 2014

ST. JOHN'S, Newfoundland and Labrador, May 14, 2014 /CNW/ - Bluedrop Training & Simulation, a division of Bluedrop Performance Learning, today announced that it has been awarded a contract to provide a reconfigurable helicopter crew training simulator to the Colombian National Police Force. This contract represents the first South American simulator sale for the division. The Colombian National Police will use this simulator to train their helicopter crews in difficult procedures on the ground instead of conducting in-flight training, improving performance, increasing safety and saving money.

KEY FACTS

- Bluedrop Performance Learning has been building customized and innovative  solutions for the public and private sectors for 30+ years. 

- The simulator allows for the creation of complex and dynamic scenarios -- such as hostile threats and bad weather -- that would be too dangerous to  train for using the actual aircraft. 

- The simulator combines a reconfigurable airframe mockup, virtual reality tracking and simulation software, supplied by partner Virtual Simulations  Systems Pty, in a cost-effective and flexible system that can adapt quickly to changing needs. 

SUPPORTING QUOTE:

Emad Rizkalla, founder and CEO of Bluedrop Performance Learning, said:  "Helicopter use is a critical aspect of the Colombian National Police  Force's duties. Realistic training can make the difference between life  and death for the Force as well as those they serve and protect. However,  hat training itself can prove dangerous and costly. Bluedrop's training product provides the simulated situations the Force needs to gain skills  while eliminating the expense and danger of in-flight training." 

For more information, visit: www.Bluedrop.com

About Bluedrop

Bluedrop Performance Learning (TSX-V: BPL) is an innovator in workplace training for individuals, corporations, military personnel and the public sector. Bluedrop recently created Bluedrop Learning Networks to offer simple, scalable training delivery. Launched in 2004, with six offices and over 190 employees, Bluedrop is transforming the workplace by designing, developing and delivering practical, actionable and affordable training content that improves individual and overall performance of organizations. For more information, visit www.bluedrop.com.

Kraken Successfully Delivers AquaPix® Synthetic Aperture Sonar System to Defence Research and Development Canada

13 May 2014

ST. JOHN'S, NEWFOUNDLAND - MAY 7, 2014 - Kraken Sonar Systems Inc., a leading marine technology company, announced today that it has successfully completed Sea Acceptance Testing of an AquaPix® Interferometric Synthetic Aperture Sonar (INSAS) system for Defence Research and Development Canada (DRDC).

DRDC is the national leader in defence and security science and technology. As an agency of Canada's Department of National Defence (DND), DRDC provides DND, the Canadian Armed Forces (CAF) and other government departments as well as the public safety and national security communities the knowledge and technological advantage needed to defend and protect Canada's interests at home and abroad.

Kraken delivered a dual-sided AquaPix® INSAS2 system complete with an Embedded Real-Time INSAS signal processing engine and two DataPod™ Removable Data Storage Modules. The $500,000 system was integrated into DRDC's Arctic Explorer class Autonomous Underwater Vehicle (AUV).

The sonar system was competitively procured under the Naval Mine Countermeasures project, part of DRDC's Underwater Warfare Programme , which is focused on the use of unmanned systems for naval mine countermeasures. A key transformational technology in this area has been the development of commercial synthetic aperture sonars which provide significant improvements to along-track resolution through the coherent summing of sonar pings as the AUV follows a straight line trajectory. The increased image resolution and quality can provide better input to other parts of the research programme, such as automatic target recognition, battlespace characterization and marine autonomy.

Kraken's AquaPix® INSAS system provides seabed images with unprecedented image resolution and detail. The system leverages the sophisticated signal processing capabilities and unique imaging technologies of Kraken's revolutionary INSIGHT™ SAS image processing software. Precision sonar imaging techniques sharpen detail and enhance the shadow definition of underwater objects. The exceptional image quality improves accuracy and increases confidence in decision-making.

AquaPix® is capable of providing seabed imagery with a constant along-track / across-track resolutions better than 3cm x 3cm out to a range of greater than 250m per side of an underwater vehicle (a swath in excess of 500m). It also simultaneously produces 3D bathymetric data with bin resolutions better than 10cm x 10cm and depth accuracy in compliance with IHO special order requirements. 
SAS offer high resolution imagery at longer ranges than conventional side-scan sonars. This is done by replacing traditional sonar hardware with sophisticated signal processing software. The principle of SAS is that the receive transducer array is "synthesized" in software by the coherent recombination of many sonar pings overlapping an area of interest. This represents a major savings in sonar hardware and enables much higher resolution than is possible with conventional sonars.

Interferometric SAS is strongly related to its airborne cousin - interferometric Synthetic Aperture Radar (SAR). While interferometric SAR has transitioned into a commercial off-the-shelf product, interferometric SAS has for a long time remained at the research stage. Some of the reasons for this delay have been the challenges in obtaining very high navigation accuracy through the ocean, as well as the high-computational cost of SAS imaging software. The introduction of stable unmanned underwater vehicles, cheaper and more powerful data-collection and processing electronics, combined with advanced micro-navigation and signal processing software has now brought Interferometric SAS forward as a viable alternative to conventional side scan sonar.

The AquaPix® INSAS system provides cost-effective and ultra-high resolution imagery that's ideal for mine countermeasures, surveying sea lanes, cable/pipeline survey, search and recovery operations and a wide variety of other seabed imaging and surveillance missions.

"Securing a competitively-bid defence contract provides important recognition to the compelling price/performance value proposition provided by our AquaPix® INSAS series of products," said Karl Kenny, President and CEO for Kraken Sonar Systems Inc. "We're delighted to win this contract and to continue our scientific and technological collaboration with DRDC. This contract is yet another example of a growing list of successful AquaPix® installations across a variety of unmanned underwater vehicle platforms."

About Kraken Sonar Systems Inc. 
Kraken is a marine technology company engaged in the design and development of high performance Synthetic Aperture Sonars and Acoustic Velocity Sensors for military and commercial applications. For more information, please visit www.krakensonar.com.

# # #

FOR FURTHER INFORMATION ABOUT THIS RELEASE, PLEASE CONTACT:

Kraken Sonar Systems Inc.
Glenda Leyte, Marketing Manager
(709) 757-5757 extension 242
gleyte@krakensonar.com

 

Open Government Initiative Launched

21 March 2014

What is an Open Government?

An Open Government is one that is guided by the principles of transparency, accountability, participation and collaboration.

Transparency means providing information and data so that you can have access to Government information that matters to you. Increasing access to information and data helps residents provide more informed input to better influence public policy decision-making. This may also inspire innovation and benefit private sector business.

Accountability means acknowledging and assuming responsibility for the impacts of Government policies, decisions and actions through open dialogue and transparent reporting.

Participation means valuing the knowledge and input of residents and stakeholders while providing meaningful opportunities for you to share your input and for us to provide you with feedback in a timely manner.

Collaboration means working together to achieve shared goals. It means sharing knowledge and resources, addressing issues, building consensus and identifying potential solutions among partners, organizations, and communities.

  • Is there information collected or developed by government that you are interested in? Should more information be made public?
  • Can you benefit from increased access to government data if it is available for free and easy to access, use and reuse for any purpose?
  • Are you interested in becoming more engaged with Government and in influencing Government decisions that affect you?
  • Do you have ideas about how government functioning and decision-making can be improved?

If your response to any of these questions is "yes" we would like to hear from you as we develop and implement Newfoundland and Labrador's Open Government Initiative.

The Government of Newfoundland and Labrador understands and values the critical role of residents, stakeholders and employees in shaping government policies, programs and services. We will tap into the wealth of knowledge, expertise and creativity that exists in our province to develop and implement our Open Government Initiative.

Click here to learn more.

EMSAT Corporation Graduates from the Genesis Centre

13 March 2014

EMSAT Corporation Graduates from Genesis Centre

Founded in 2010, EMSAT was immediately accepted as a client of the Genesis Centre at Memorial University of Newfoundland. The Genesis Centre is an award winning business incubator which specializes in the support of high growth potential start up technology companies. Genesis provides business resources to client companies in tandem with the technical and scientific resources of Memorial University.

"The milestone of graduating from the Genesis Centre is very timely for EMSAT. 2014 is an exciting and very important year for us as we move from R&D into commercialization and sales. Significant changes are supporting these efforts with new office space, a growing and talented team and fostering important industry partnerships. We have an innovative pilot project underway in Alberta that we will leverage for commercial opportunities and are seeing real traction with other projects we are developing. EMSAT develops innovative software solutions that will address real-time data management challenges for the rapidly growing environmental monitoring industry. Real-time environmental monitoring is an exciting field to be part of, and we are in a very good position to be leaders in the growth of this industry," said Dan Brake, CEO of EMSAT Corporation.

"Since forming EMSAT in 2010 we have had tremendous support and guidance from the Genesis Centre and on behalf of the EMSAT staff and board I want to express how grateful we are to the Centre."

EMSAT is the 36th company to graduate from the Genesis Centre since 2000, and the centre is currently working with 7 other clients.  It has helped its clients raise over $23.9 million in private equity, 60 per cent of that amount coming from outside the province.  Graduates include Rutter Technologies, Verafin, Genoa Design, Virtual Marine Technology and ClearRisk. The Genesis Centre was named Canadian Incubator of the Year in 2011.

Media contact

Catherina Kennedy, catherina@emsatcorp.com

 

Bell Aliant to cover even more of NL with FibreOP

12 March 2014

STEPHENVILLE, NL - Today, Bell Aliant is announcing a $4.8-million investment to extendFibreOP™ to three additional towns in Newfoundland and Labrador. Customers in Harbour Grace, Deer Lake and Stephenville will now have access to the company's industry-leading fibre-to-the-home (FTTH) technology. More than 8,100 homes and businesses will benefit from this latest expansion ofFibreOP, the only service that delivers 100 per cent fibre optic technology straight to the home providing endless possibilities for customers. 

"We've seen incredible demand for FibreOP here in Newfoundland and Labrador, and this expansion puts us on target to reach even more of the province," said Andre LeBlanc, Vice President, Residential Markets at Bell Aliant. "At home, FibreOP's  blazing-fast Internet speeds, crystal-clear television and lots of HD channels add up to the best TV experience in the market. And throughout the province the technology opens up a world of possibilities in areas such as distance education and new media." 

With today's announcement, Bell Aliant's FibreOP coverage in the province extends to more than 139,000 premises and represents an investment of $65 million since 2011. 

The expansion is welcome news for Ron Taylor, Chief Executive Officer of the Newfoundland and Labrador Association of Technology Industries which promotes the technology industry throughout the Province. 

"The technology industry in the province generates significant economic benefit," said Mr. Taylor. "FibreOP  is a definite asset that propels our members to new levels of innovation, and lets us do business on a global scale. With FibreOP, it doesn't matter if you're in Deer Lake or Beijing, you have the technology to get it done." 

As Internet use continues to evolve, more people are using several devices at the same time. FibreOPcan easily handle multiple connected devices, large data files and streaming video with Internet download speeds of up to 250 Mbps, and upload speeds as high as 30 Mbps, and with a FibreOPbundle, customers save on the best of everything.

  • The FibreOP advantage: A direct fibre-to-the-home connection offers the fastest Internet in the market with limitless potential to increase speeds in the future. Bell Aliant increasedFibreOP Internet speeds three times in the last 18 months and currently offers download/upload speeds of up to 250/30 Mbps.
  • Leading the way: Bell Aliant was the first to cover an entire city with fibre-to-the-home and was recognized for North American innovation and leadership in FTTH deployment with the FTTXcellence Award.
  • Reaching even more communitiesFibreOP is available to more than 806,000 homes and businesses in more than 70 communities across Atlantic Canada and Ontario. And we're not done yet. Bell Aliant is on target to reach the one million premises passed by the end of 2014.
  • There's an app for that:  Bell Aliant was the first to introduce social TV apps to its superior TV offering along with more than 140 HD channels and incredible PVR. FibreOP 's suite of apps includes Facebook, Twitter, the Weather Network App, Galaxie and the FibreOP Beam App.

Customers in Newfoundland can check availability and pre-register for FibreOP service at www.bellaliant.net/FibreOP, or by calling 1-866-FIBREOP (1-866-342-7367). 

About Bell Aliant 
Bell Aliant (TSX: BA) is one of North America's largest regional communications providers and the first company in Canada to cover an entire city with fibre-to-the-home (FTTH) technology with itsFibreOP™ services. Through its operating entities, it serves customers in six Canadian provinces with innovative information, communication and technology services including voice, data, Internet, video and value-added business solutions. Bell Aliant's employees deliver the highest quality customer service, choice and convenience. 

For further information:

Christine Manore 
Bell Aliant Corporate Affairs 
Toll-free: (888) 845-3171 
christine.manore@bellaliant.ca  
mediarelations@bellaliant.ca

Camouflage Software Announces New Release of Its Enterprise Data Masking Product

04 March 2014

St. John's, Canada (PRWEB) March 03, 2014

Camouflage Software Inc., a leading provider of enterprise data security solutions, is pleased to announce the latest release of its flagship data masking platform, Camouflage 4.3.2. The new release features major advancements in the ability to discover and analyze sensitive data at risk and significant enhancements in the ability to collaborate across the enterprise on data discovery and risk assessment initiatives.

With enhanced visibility of sensitive data and associated risks across the organization, risk managers and decision makers can see at a glance and easily understand where sensitive data resides, what types of sensitive data are present, how much of it there is and make appropriate decisions to protect it.

Other highlights of Camouflage 4.3.2 include the following: 

  • Preconfigured reports that provide a dashboard-level view of at-risk data sources to drive actionable insights for improving data security posture;
  • Improved aggregation of risk-related information from enterprise-wide data sources driven from a secure central repository;
  • Tighter Excel-based integration between Camouflage Data Discovery and Data Masking applications to streamline configuration activities and provide ease of integration and improved collaboration; and
  • Improved role-based security and distributed agent architecture for better control and scaling.

"Camouflage 4.3.2 demonstrates our dedication to helping enterprises better understand and mitigate their sensitive data risk," says Kevin Duggan, President and CEO of Camouflage Software. "The proliferation of sensitive data is a major concern for any business that deals with personal and confidential information. Electronically stored and transmitted data is essentially fluid, and as a result most organizations don't know with certainty where their sensitive data is at all times. Camouflage 4.3.2 represents a major leap forward in our ability to find, analyze, and secure sensitive data."

To learn more about the sensitive data analysis features in Camouflage 4.3.2, download the latest product brief athttp://info.datamasking.com/data-discovery-brief  or visit us online at http://www.datamasking.com.

About Camouflage Software Inc. 
As pioneers in data masking, Camouflage Software Inc. offers an end-to-end data masking solution featuring discovery, classification, subsetting and data masking technologies designed to ensure that sensitive information is properly protected for use in application development, testing, out-sourcing and training. Combined with its team of data masking experts and best practice guidance, Camouflage offers a proven and comprehensive approach to achieving superior test process results while facilitating compliance with legislation like US-EU Safe Harbor, EU Data Protection Directive, HIPAA/HITECH, PCI-DSS, GLBA, PIPEDA and more. For additional information please visit us at http://www.datamasking.com.

Gartner Positions Camouflage Software as a Challenger in the 2013 Magic Quadrant for Data Masking

09 January 2014

St. John's, Canada (PRWEB) January 09, 2014

Camouflage Software Inc. a leading provider of data masking solutions announced today that it has been positioned as a Challenger by Gartner Inc. in the Magic Quadrant for Data Masking Technology report. The report provides a thorough analysis of the data masking market, the vendor landscape, and outlines the direction in which the market is heading.

"We are pleased to be positioned as a Challenger in the 2013 Magic Quadrant for Data Masking.", said Camouflage President and CEO, Kevin Duggan. "Since the release of the first Magic Quadrant last year, we have made a number of strategic strides that I believe reaffirm our positioning among top data masking vendors in the market. As data masking continues to mature as an essential technology for preventing sensitive data exposure, we are confident that our solutions are well positioned to serve the evolving needs of the data privacy and security market."

Camouflage Software released its first data masking product in 2004, and has since been providing enterprise-class data masking solutions to clients across a number of industries including Healthcare, Financial Services, and Education. The positioning illustrates Camouflage's deep understanding of data masking, the maturity and breadth of its technology, and its reputation for delivering quality product and strong support to its customers. Since the first release of the Magic Quadrant for Data Masking in 2012, Camouflage has made many strategic advancements including developing its partner network to enable service delivery in new regions, creating a new and simplified pricing model, and releasing the Camouflage Dynamic Data Masking Solution to market.

The Gartner Magic Quadrant is one of the most influential benchmarks for organizations seeking to evaluate the market. It measures vendors on both their ability to execute and completeness of their vision based on a number of attributes, including a vendor's product/service, overall viability, and market responsiveness, among other criteria.

The complete Magic Quadrant for Data Masking Technology report is available on Camouflage's website at http://info.datamasking.com/magic-quadrant.

 

About the Magic Quadrant

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Camouflage Software Inc.

As pioneers in data masking, Camouflage Software Inc. offers an end-to-end data masking solution featuring discovery, classification, subsetting and data masking technologies designed to ensure that sensitive information is properly protected for use in application development, testing, out-sourcing and training. Combined with its team of data masking experts and best practice guidance, Camouflage offers a proven and comprehensive approach to achieving superior test process results while facilitating compliance with HIPAA/HITECH, PCI-DSS, GLBA, PIPEDA and more. For additional information please visit us at http://www.datamasking.com.

Atlantic Canada’s “Strongest Families Institute” Founders Accept the Manning Innovation Foundation’s $100,000 Principal Award

17 October 2013

Halifax, NS (Thursday, Oct. 17, 2013). The 2013 Atlantic Canadian nominees for the 32nd national Ernest C. Manning Innovation Awards accepted the $100,000 Encana Principal Award from the Foundation at its awards gala in Calgary on Wednesday evening. Mr. John T. McLennan, Atlantic  Canadian Trustee of the Manning Innovation Awards and chairman of Emera, was on hand to congratulate Dr. Patricia Lingley-Pottie and Dr. Patrick McGrath for the Strongest Families Institute they co-founded.

Strongest Families Institute is a not-for-profit corporation providing evidence-based services to children and families seeking help for mental health and other issues impacting health and well-being. The Institute's programs are designed to work around a families' schedule and eliminate the need to travel, take time off of work/school or interrupt normal routines. They are delivered with discretion and privacy, helping to alleviate any worries about the stigma of receiving mental health services.

"Manning Atlantic is proud to celebrate our Atlantic Canadian innovators," said David Regan, Chair of the Atlantic Chapter of the Manning Innovation Awards. "The Strongest Families Institute helps Canadian families cope with health issues by offering confidential and guided coaching and assistance to children and their families, where they need it, and when they need it. Their innovation provides more value, more cost efficiently, which is something at which Atlantic Canada excels," commented Regan.

 

Accepting Applications for 2014 Awards

The Ernest C. Manning Awards Foundation recognizes innovators from across Canada. There are four annual awards with prize values ranging between $10,000 for the two Innovation awards, $25,000 for the Award of Distinction, and $100,000 for the Principal Award. Applications for the 2014 award will be accepted up until December 2, 2013 and are judged by an independent selection committee comprised of innovation experts across the following five factors:

1. Intellectual achievement

2. Uniqueness and originality

3. Stage of development

4. Commerciality/user demand

5. Economic/Social impact

To apply, go to http://www.manningawards.ca/should-i-apply/ or call us. See contact information below.

The Atlantic chapter of the Manning Innovation Awards is sponsored by McInnes Cooper.

 

For more information on the event and the Manning Innovation Awards, please contact:

David Regan
Chair, Atlantic Canada Chapter
Tel: 902-448-1416

 

For more information on Strongest Families, please contact:

Dr. Patricia Lingley-Pottie
President and COO
Tel: 902-422-9521
Website: www.strongestfamlies.com

 

About The Ernest C. Manning Awards Foundation:       

One of Canada's most prestigious annual awards programs, the Ernest C. Manning Awards Foundation, established in 1980, has celebrated the achievements of over 250 exceptional individuals with the imagination to innovate and the stamina to succeed. Drawn from diverse communities - technology, industry, science, the trades and social sectors - the men and women who have been recognized have changed the way Canada competes, manufactures, communicates and sets standards for social behaviour. Their impact has been felt across the country and around the world.

The Ernest C. Manning Awards Foundation has been recognizing and encouraging innovation in Canada since 1982. By means of a nomination, Canadian resident citizens, who have demonstrated recent innovative talent in developing and successfully marketing a new concept, process or procedure, may be eligible for one of these awards: Principal Award ($100,000), Award of Distinction ($25,000), Innovation Awards (2 at $10,000). Learn more about our Award Winners.

 

Websites: www.manningawards.ca and www.manning-atlantic.ca
Twitter: @ManningAwardsCA
Facebook: facebook.com/ManningAwards
LinkedIn: Group - Manning Atlantic

Camouflage Software Partners with Identity Methods to Expand Data Masking Services in the UK

12 September 2013

St. John's, NL, September 12, 2013 - Camouflage Software Inc., a leading provider of data masking solutions, today announced its partnership with Identity Methods Ltd., a premier provider of identity management solutions. With this partnership, Camouflage will be able to expand its data masking services offering into the United Kingdom and surrounding region.
 
Headquartered in Sussex, UK, Identity Methods offers a complete range of identity management solutions which include Identity and Verification Services, IDAM Consulting, Access Management and Biometrics, Greenfield and Brownfield Software Development and Coding, and Data Masking Consulting. Identity Methods specializes in supporting enterprises operating in public sector and government, health and social welfare, utilities, financial and banking, not-for-profit, and commercial industries.
 
"The Camouflage Data Masking Solution is a natural addition to our solutions offering," said Ian Collard, Managing Director at Identity Methods. "Partnering with Camouflage enables us to extent our identity management solutions offering, by having one of the most comprehensive data security technologies on the market today. Camouflage's robust technology and ample experience in the market space made them an easy choice, and we felt confident in offering their technology to our clients."
 
"This partnership with Identity Methods enhances our capabilities in delivering data masking solutions to new and existing clients in the European region" said Camouflage President and CEO, Kevin Duggan. " We are committed to providing data privacy solutions with leading global IT solutions and service partners, and we are excited to be working with Identity Methods and expanding our presence internationally."
 
Camouflage is one of the recognized leaders in data masking specializing in providing enterprise-class data masking solutions for securing sensitive data, and has been recognized by Gartner in the Magic Quadrant for Data Masking Technology. Working with Camouflage, Identity Methods will offer end-to-end enterprise grade data masking services to clients in the UK and throughout Europe to better respond to growing demand within the region.
 
 
About Camouflage Software
 
As pioneers in data masking, Camouflage Software Inc. offers an end-to-end data masking solution featuring discovery, classification, subsetting and data masking technologies designed to ensure that sensitive information is properly protected for use in application development, testing, out-sourcing and training. Combined with its team of data masking experts and best practice guidance, Camouflage offers a proven and comprehensive approach to achieving superior test process results while facilitating compliance with legislation like US-EU Safe Harbor, EU Data Protection Directive, HIPAA/HITECH, PCI-DSS, GLBA, PIPEDA and more. For additional information please visit us at  www.datamasking.com.
 
 
About Identity Methods
 
Identity Methods is a leading provider of complete identity and data obfuscation solutions, delivering flexible and cost effective identity management and data masking products and solutions using best of breed vendors and open source services. Identity Methods are able to offer clients an end-to-end service covering every aspect of the identity information lifecycle and data privacy management.

The Women Presidents’ Organization Welcomes Patsy Tremblett-DeNillo as Newest Member of Prestigious Women’s Business Organization

11 September 2013

New York, NY (September 11, 2013) The Women Presidents' Organization (WPO), a peer advisory group for million dollar plus women-led companies, is proud to announce Patsy Tremblett-deNillo, Owner, Prima Information Solutions as the newest member of the Newfoundland and Labrador Chapter of the WPO.

"I am very pleased to welcome Patsy to the WPO," said Marsha Firestone, Ph.D., President and Founder of the WPO "As a peer advisory organization for women business leaders of multi-million dollar companies, WPO membership is highly selective. Patsy's membership in the WPO is a testament to her incredible success in business."

Prima Information Solutions is a leading Technology and Information Management Consulting Firm with clients from coast to coast in Canada.  Prima has been in business since 1995 and Patsy has been sole owner since 2002.  "I am very excited and pleased to have this opportunity to connect with my peers in business in this manner," stated Patsy, "and I am confident we will all benefit from our affiliation with such a forward-thinking organization."

"We could not be more excited to have Patsy join the Newfoundland and Labrador Chapter of the WPO," said Newfoundland and Labrador  Chapter Chair Susan Hollett. "Through confidential and collaborative peer learning groups, WPO members learn new strategies for taking their businesses to the next level."

Requirements for membership to the WPO include annual revenue of at least $2 million ($1 million for service-based companies) and an ownership interest in the company. For more information about membership to the WPO, contact Susan Hollett, NL Chapter Chair, at shollett@hollettandsons.ca or 709 466-1373 or Bari Ray, Membership Coordinator, at bari@womenpresidentsorg.com or 212-688-4114.

About the WPO:

The WPO is the premier peer advisory organization connecting women who own multi-million dollar companies.  In monthly meetings across five continents, chapters of 20 women presidents from diverse industries invest time and energy in themselves and their businesses to drive their corporations to the next level. Local WPO chapters are coordinated by a professional facilitator and meet monthly to share business expertise and experience in a confidential setting. For more information, call 212-688-4114 or visit www.womenpresidentsorg.com.

CONGRATULATIONS PATSY TREMBLETT-DeNILLO!!

Patsy Tremblett-DeNillo

 

 

 

 

 

 

 

 

 

 

 

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Tamarack releases its’ Atlas Version 3 location visualization solution for GIS Organizations

21 May 2013

Tamarack Geographic Technologies Ltd. (Tamarack), a GIS consulting company in Newfoundland & Labrador, Canada has just released Version 3.0 of its configurable map viewer -Atlas.  Version 3 of Atlas is Tamarack's location visualization solution for GIS Organizations. This latest version provides an enriched user experience, taking advantage of integration with standard Google and Bing tools. Available in Basic, Advanced or in the Cloud, Atlas should be your choice for a simple to use and configure online Map Viewer. It works on all desktop browsers and tablets, so no matter your environment if you need to see your data on a map - Atlas 3.0 is the solution.

Atlas provides great functionality at a competitive price point to clients looking for an easy to use, quick to configure and fully supported web viewer solution.  Atlas is for any business, department or organization that owns or manages web mapping services and needs to provide an easy to manage solution for viewing and querying spatial data.  More information and case studies for Atlas is available at www.tamarackgeographic.ca/atlas.

The fundamental goal of Tamarack is to provide effective, efficient and economical GIS and location based services and solutions to the public and private sectors. By focusing on customer service, professional service delivery and industry leading technologies Tamarack continues to plan and deliver successful enterprise level location based projects to its growing list of clients throughout Canada.

For more information on Tamarack please visit our website at www.tamarackgeographic.ca.

ATLANTIC COMPANIES MAKE A PLAY FOR INTERNATIONAL MOBILE APP AND GAMING MARKETS

26 March 2013

MONCTON, NB - March 26, 2013 - Atlantic Canadian mobile app and gaming companies bring the world to your fingertips through innovative phone apps and video games. And when it comes to gaining an international presence, they aren't playing around.

CLICK HERE for full press release [PDF]

Harper Government helps to kick-start Canadian entrepreneurial business in St. John's, Newfoundland and Labrador

26 February 2013

Harper Government helps to kick-start Canadian entrepreneurial business in St. John's, Newfoundland and Labrador

 

ST. JOHN'S, Newfoundland and Labrador, February 21, 2013- The Honourable Peter Penashue, Minister of Intergovernmental Affairs and President of the Queen's Privy Council for Canada, on behalf of the Honourable Rona Ambrose, Minister of Public Works and Government Services and Minister for Status of Women, is pleased to announce that the Government of Canada has awarded a $525,055 contract to Notus Electronics Ltd. for its pre-qualified innovation through the Canadian Innovation Commercialization Program (CICP).

Notus Electronics Ltd.'s innovation, the Notus Net Sounder System (NNSS), is the world's first transponder wireless net sounder system. The commercial fishing industry, the scientific research community and the oil and gas industry are potential users that can benefit from this innovation.

 

"The fishery and oil and gas industries are integral parts of Newfoundland and Labrador's economy, and it is great to see innovative products like this one being created and marketed here in our own province," said Minister Penashue. "Our Government is committed to creating jobs and boosting economic growth here inNewfoundlandandLabrador, and projects like the Notus Net Sounder System are key to driving that kind of growth."

 

"Our Government's top priority is the economy and we understand that helping Canadian businesses expand and succeed directly benefits Canadian workers and families by creating jobs and prosperity," said Minister Ambrose. "We are proud to encourageCanada's entrepreneurial spirit by kick-starting Canadian businesses to get their innovative products and services from the lab to the marketplace."

 

The NNSS uses an acoustic receiver connected to an underwater microphone on the ship that communicates wirelessly to sensors on the trawl and trawl doors to provide a real sounder picture of fish passing through. Its technology allows for two-way communication between the vessel and sensor, permitting real-time adjustments that result in unprecedented target detection and identification. The NNSS can also help reduce environmental impacts in several ways: the accuracy of the system's data means reduced overfishing and that the system uses less fuel as it ensures the trawl is deployed correctly during every tow.

 

"We are very pleased to receive this support from the Government of Canada. This program will help strengthen Notus' reputation as a world leader in its industry. The CICP builds an important bridge between innovation and commercialization," said Francis Parrott, Marketing Manager, Notus Electronics Ltd.

 

 

 

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Launched in 2010, the Canadian Innovation Commercialization Program has already shown encouraging results, connecting Canadian companies with federal departments and agencies that have a need for innovative products and services. By selling to the federal government, businesses can demonstrate the value of their products and services, and potentially generate future sales to non-federal customers.

 

To build on the early success of this program, Economic Action Plan 2012 allocated an additional $95 million over three years, starting in 2013-14, and $40 million per year thereafter to make the Canadian Innovation Commercialization Program permanent. The program will include an added military procurement component. 

 

For the complete list of the successful innovations, please refer to the CICP website.

 

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Ce texte est également disponible en français.

For more information, media may contact:

 

Amber Irwin

Office of the Honourable Rona Ambrose

819-997-5421

 

Media Relations

Public Works and Government ServicesCanada

819-956-2315

 

PWGSC news releases are also available on our Internet site at http://www.tpsgc-pwgsc.gc.ca/medias-media/index-eng.html.

 

Follow us on Twitter at http://twitter.com/PWGSC_TPSGC.

 

Camouflage Software Positioned in Challengers Quadrant in Gartner Magic Quadrant for Data Masking Technology

05 February 2013

St. John's, NL, Feb. 4, 2013 -- Camouflage Software Inc. a leading provider of enterprise-class data masking solutions announced today that it has been positioned in the Challengers quadrant by Gartner Inc. in the Magic Quadrant for Data Masking Technology report published December 21, 2012. This is the first ever Magic Quadrant released for the data masking market. 

"We're pleased to be positioned as a Challenger in the Magic Quadrant for Data Masking Technology" said Camouflage CEO, Kevin Duggan. "We believe to be recognized among the top vendors in the world, including notable industry heavyweights, confirms our dedication to delivering deep and robust data masking solutions to our enterprise clients.  As one of the first data masking vendors, we have developed a comprehensive and mature product in response to the evolving needs of our clients.  We consider this quadrant position a testament to our ongoing commitment to their success, and represents an important milestone as we continue to evolve our technology and execute on our strategic vision." 

Camouflage Software released its first data masking product in 2004, and has since been providing enterprise-class data masking solutions to clients across a number of industries including Healthcare, Financial Services, and Education.  The positioning illustrates Camouflage's deep understanding of the challenges associated with data masking, the maturity and breadth of its data masking technology, and its reputation for delivering quality product and strong support.

The Gartner Magic Quadrant is one of the most influential benchmarks for organizations seeking to evaluate the market. It measures vendors on both their ability to execute and completeness of their vision based on a number of attributes, including a vendor's product/service, overall viability, and market responsiveness, among other criteria. 

The complete Magic Quadrant for Data Masking Technology report is available on Camouflage's website at http://online.datamasking.com/magic-quadrant.

About the Magic Quadrant

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Camouflage Software Inc.

As pioneers in data masking, Camouflage Software Inc. offers an end-to-end data masking solution featuring discovery, classification, subsetting and data masking technologies designed to ensure that sensitive information is properly protected for use in application development, testing, out-sourcing and training. Combined with its team of data masking experts and best practice guidance, Camouflage offers a proven and comprehensive approach to achieving superior test process results while facilitating compliance with HIPAA/HITECH, PCI-DSS, GLBA, PIPEDA and more. For additional information please visit us at www.datamasking.com.

 

# # #

Media:

John Somerton,

Director, Marketing

Camouflage Software Inc.

1.866.345.8888

jsomerton@datamasking.com

Plato Consulting Inc. joins KPMG LLP

16 January 2013

Plato Consulting Inc. joins KPMG LLP

KPMG LLP grows its Atlantic Canada management consulting practice

TORONTOJan. 16, 2013 /CNW/ - KPMG LLP (KPMG) announced today that Plato Consulting Inc., headquartered inSt. John's, Newfoundland and Labrador has joined KPMG effective January 16, 2013.

Founded in 1997, and firmly entrenched in the Newfoundland and Labrador marketplace, Plato comprises more than 50 highly skilled information technology (IT) professionals who provide specialized IT consulting services and solutions to public and private sector organizations, healthcare agencies, and Crown corporations.

"The healthcare and public sectors are undergoing significant transformation, and Plato's capabilities ensure we will deliver leading edge solutions for our clients in Atlantic Canada," said Rob Brouwer, Canadian Managing Partner, Clients and Markets, KPMG.  "An excellent fit for the firm, the Plato team brings IT capabilities instrumental to delivering these unique services and meeting evolving market needs."

CLICK HERE for full release.

New Health Research Organization Launches in St. John’s

19 December 2012

December 19, 2012, St. John's, NL - Newfoundland and Labrador's first contract health research organization, Research Avenue, has launched in St. John's. Research Avenue specializes in providing health outcomes research services to healthcare and life science organizations. The company's services enable these organizations to evaluate the real-world efficacy, safety and costs associated with healthcare services and medical products.

Click here for full press release [PDF]

Rutter Inc. Acquires German Technology Firm OceanWaveS GmbH

01 November 2012

Acquisition combines leaders in marine radar signal processing.

ST-JOHN'S, Oct. 31, 2012 /CNW/ - Today, Rutter Inc. (TSX: RUT) is pleased to announce it has acquired OceanWaveS GmbH of Lüneburg, Germany, a recognized industry leader in the development and supply of radar-based wave and surface current measurement technology. Rutter's sigma S6 and OceanWaveS' WaMoS are respected within the industry for discrimination of ice, oil, small targets, waves, currents and bathymetry from conventional navigational X-band radar. Combining OceanWaveS' wave and current measuring capabilities with Rutter's sigma S6 Ice Navigator will give Rutter a competitive edge in a growing offshore and coastal monitoring market.

"The acquisition aligns with Rutter's operational strategy of delivering best-in-class ocean surface monitoring and reporting products in key markets such as offshore oil development, cold oceans exploration, and coastal monitoring and protection. WaMoS II is a mature product with demonstrated market demand. Acquiring this product and underlying technology both eliminates a significant development risk and creates new revenue generation opportunities." noted Rutter's President and Chief Executive Officer, Fraser Edison. "We are also pleased to have a German-based operation which provides Rutter with a technical center and physical presence closer to European customers" he added.

Measuring the wave and current properties of the ocean, simultaneously with monitoring oil, ice or small targets, will become a key component for a predictive mode capability within the sigma S6. Making oil spill response efforts more efficient, by providing predictive capabilities as to direction of drift and dispersion of oil, will create a direct performance advantage for Rutter which is expected to strengthen its overall share in that market. The merger of the two companies will also create benefits to existing customers of each company's traditional products by combining two mature technologies that have a proven performance record.

Co-founder of OceanWaveS Konstanze Reichert stated that, "Both companies share a passion for the creation of exceptional products and services and have strong R&D, sales, and support capabilities within the offshore, shipping and coastal monitoring markets. OceanWaveS has a global distribution and install base for its WaMoS II product, and has recently earned success in markets Rutter has identified as being emergent and important to its long term success, including China, and Austral-Asia. We look forward to contributing to Rutter's expansion in these markets."

Rutter Inc. has acquired the shares of OceanWaveS for total consideration of EUR 2,400,000 paid in the form of EUR 800,000 cash at closing and EUR 1,600,000 in non-interest bearing promissory notes due in quarterly payments over the next five years. To facilitate this transaction, the Company has borrowed an additional $1,000,000 under its existing term loan bearing interest at 10% with no change in repayment or maturity terms of the loan as previously disclosed.

About Rutter Inc.- Rutter is an enterprise focused on providing innovative technologies and engineering solutions. Rutter's global network supplies technologies to improve efficiency and safety in the marine, defense, transportation, oil and gas sectors from its headquarters in the Province of Newfoundland and Labrador. For more information see www.rutter.ca

About OceanWaveS GmbH- OceanWaveS is an enterprise focused on technology development for the real time measurement of directional ocean wave spectra. OceanWaveS' customer base includes operators in offshore oil development interested in operational safety and efficiency, navies pursuing greater understanding of ship stability and motion prediction, and coastal monitoring stations concerned with vessel traffic management, coastline erosion monitoring and tsunami warning. For more information see www.oceanwaves.org

Forward-Looking Statements
This press release may contain forward-looking statements that involve risks and uncertainties. These statements reflect current expectations and are subject to a number of risks and uncertainties including but not limited to, change in technology and general market conditions. Due to the many risks and uncertainties, Rutter Inc. cannot assure that forward-looking statements that may be contained in this press release will be realized.

The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

SOURCE: RUTTER INC.

For further information:


Fraser Edison, President and Chief Executive Officer, Rutter Inc. +1 709 576 6666 

Bluedrop Announces Emad Rizkalla Named Ernst & Young Atlantic Canadian Information Technology Entrepreneur of the Year

26 October 2012

Bluedrop Performance Learning Inc.  BPL
10/25/2012 6:47:00 PM
Bluedrop Announces Emad Rizkalla Named Ernst & Young Atlantic Canadian Information Technology Entrepreneur of the Year

Bluedrop Performance Learning's (TSX-V: BPL) President and CEO, Emad Rizkalla, was named Ernst &Young Information Technology Entrepreneur Of The Year for the Atlantic region at this year's awards gala in Halifax, Nova Scotia.

Rizkalla was recognized for his vision in building Bluedrop Performance Learning into a global leader in workplace learning. Bluedrop has two lines of business: Defence & Aerospace, which provides state-of-the-art training to military and civilian personnel; and CoursePark.com, Bluedrop's cloud-based learning for the workplace. CoursePark provides access to over 5000 business courses in a collaborative environment where members share, connect and learn from each other. CoursePark was recently selected by the Clinton Global Initiative (CGI) as the learning delivery tool for business skills training to an estimated 3,400 women in Chile and Peru.

"It's an honor to be recognized alongside the talented entrepreneurs who were nominated for the award," said Emad Rizkalla. "Receiving this award acknowledges the hard work that our team has put into growing Bluedrop and moving us into position as the leader in workplace eLearning. Entrepreneurs need vision, but in order to be successful, that vision must be shared by your entire team. I am fortunate to have such an environment and team at Bluedrop," Rizkalla added.

Rizkalla co-founded his first business in 1992 as a young engineering graduate that eventually became Bluedrop. In January, 2012, the company completed a reverse takeover of Serebra Learning Corporation in Vancouver and started trading on the TSX Venture Exchange as Bluedrop Performance Learning Inc. (BPL).

Ernst & Young Entrepreneur Of The Year recognizes the spirit and contribution of entrepreneurs in Canada and around the world. The Canadian program is in its 19th year of honouring the country's most impressive entrepreneurs from all areas of business. Award winners are chosen based on a number of factors, including their vision, leadership, financial performance and social responsibility.

 

About Bluedrop

Bluedrop Performance Learning (TSX-V: BPL) is an innovator in effective workplace learning for individuals, corporations, the military and the public sector. Bluedrop transforms workplace learning globally. Through the development and implementation of pragmatic learning technologies and content, Bluedrop improves opportunities for individuals and the overall performance of organizations.

CoursePark® is Bluedrop's cloud-based learning management solution for enterprise and individual learning and contains over 5000 third party online courses from the world's leading publishers and the expert down the street. The CoursePark platform launched in 2011 and is growing quickly with registered users in 100 countries. Bluedrop is also a recognized leader in producing mission critical training solutions for Defence and Aerospace, and provides custom online courseware, virtual training devices and virtual reality simulation for international military and commercial aviation clients. Founded in 1992, Bluedrop has over 120 employees and is headquartered in St. John's, NL, with 5 additional offices in Canada and one in the US.

For more information go to www.coursepark.com.

Camouflage Software Advances XML Masking Capabilities in Latest Release of its Flagship Data Masking Product, Camouflage 4.2.4

11 October 2012

As more and more organizations seek to reduce data storage complexity and share data across applications by converting their data to XML, the need to efficiently and accurately mask sensitive information residing in XML files becomes critically important.  Camouflage 4.2.4 allows users to intelligently mask XML data by defining related tags within an XML document ensuring consistent and realistic masking.  Support has also been added for masking XML data within database fields.

Camouflage 4.2.4 also features several performance enhancements for masking flat files and MS SQL Server™ data.

"Camouflage 4.2.4 demonstrates our continued commitment to offering the very best enterprise Data Masking platform", says Kevin Duggan, CEO of Camouflage Software Inc. "It adds impressive new capabilities that allow our customers to efficiently process large quantities of information with improved data quality and consistency.  With the advances to XML masking, our customers will see lowered costs by implementing more effective and intelligent masking."


-30-


About Camouflage Software Inc.


As pioneers in data masking, Camouflage Software Inc. offers an end-to-end Data Masking Solution featuring best-of-breed discovery, classification, subsetting and data masking technologies designed to ensure that sensitive information is properly protected for use in application development, testing, out-sourcing and training. Combined with its team of data masking experts and Best Practice guidance, Camouflage offers a proven and comprehensive approach to achieving superior test process results while facilitating compliance with HIPAA/HITECH, PCI-DSS, GLBA, PIPEDA and more. For additional information please visit us at www.datamasking.com.

RDC Investment Supports Memorial University of Newfoundland Researchers

09 October 2012

ST.JOHN'S, NL - The Research & Development Corporation (RDC) is investing more than $5.3 million into research and development (R&D) projects at Memorial University of Newfoundland in areas relevant to offshore petroleum, ocean technology, healthcare, aquaculture, and other natural resource industries.

The funding will focus on solving technical challenges and identifying new opportunities such as ice-structure interaction in polar regions, effective oil spill clean-up methods that minimize environmental impact and more efficient ways to extract precious metals.

"Today's investment is paving the way for the future success of our researchers and academic institutions and to the collaborative efforts among academia and industry for the future economic growth of Newfoundland and Labrador," said the Honourable Keith Hutchings, Minister Responsible for the Research & Development Corporation. "These projects are essential for enhancing the R&D capacity within Newfoundland and Labrador. Increased activity is leading to further economic growth in this province and strengthening Newfoundland and Labrador's international reputation as a world-class centre for innovation."

More than 30 researchers from the Faculty of Science, Faculty of Engineering and Applied Science, School of Music, Grenfell Campus, Faculty of Medicine and C-CORE are receiving funding that will leverage more than $16.9 million  from other research sponsors. These include the Atlantic Canada Opportunities Agency, the Natural Sciences and Engineering Research Council of Canada, Husky Energy and Rolls Royce Marine.

"RDC is helping facilitate local, national and international R&D collaboration between Memorial, other institutions and industry leaders," said Glenn Janes, Chief Executive Officer, RDC. "This investment builds upon the existing base of research expertise in Newfoundland and Labrador and is another example of how R&D plays a critical role in driving future innovation."

Today's investment is provided through RDC's academic programs which focus on building the R&D capacity required for innovation and commercialization within the province.

"The funding announced today by RDC, along with investments leveraged from federal and private sector sources, will advance strategic areas of research for which we are already well known, and on which much of our future prosperity depends," said Dr. Gary Kachanoski, President and Vice-Chancellor, Memorial University of Newfoundland.

RDC has invested $800,000 to further advance the research of Dr. Claude Daley, Chair, Ocean and Naval Architectural Engineering at Memorial University's Faculty of Engineering and Applied Science. He is examining the technical challenges of operating large ships and offshore structures in ice environments. The total cash and in-kind value of the research effort is $7.15 million over five years.

Dr. Daley said his research team is tackling issues that will enable the offshore energy industry to grow and develop in the province in ways that are safe, sustainable and profitable for all.

"The support I am receiving enables graduate and undergraduate students to gain valuable experience while allowing us to benefit from their creativity and enthusiasm," said Dr. Daley. "The research climate in our faculty has improved remarkably in recent years, thanks in large part to the creation of RDC and as a result, we are conducting ambitious and practical research that produces lasting results."

An overview of the projects receiving funding from RDC is contained in the backgrounder of this release, while more detailed project descriptions are available online at www.rdc.org.

About the Research & Development Corporation
The Research & Development Corporation (RDC) is a provincial Crown corporation responsible for improving Newfoundland and Labrador's R&D performance. RDC works with R&D stakeholders including business, academia and government agencies and departments. In Budget 2012: People and Prosperity, RDC was allocated $19 million to make strategic research and development related investments in people, research opportunities and infrastructure. For more information about RDC, go to www.rdc.org.

BACKGROUNDER 
Research Projects Supported through RDC's Academic Programs

A total of $5,381,248 is being invested in the following 33 research projects at Memorial University of Newfoundland. Funding is received through three of RDC's academic programs: LeverageR&D, IgniteR&D, and CollaborativeR&D and leverages more than $16,962,053.

 

LeverageR&D

LeverageR&D attracts public funding for academic-led research and development (R&D) in areas relevant to both industry and the Newfoundland and Labrador economy.

 

IgniteR&D

IgniteR&D attracts highly-qualified academic researchers and builds new research and development (R&D) capacity in areas relevant to both industry and the Newfoundland and Labrador economy.

 

CollaborativeR&D

CollaborativeR&D increases research and development (R&D) partnerships and collaboration between academia and industry in areas relevant to the Newfoundland and Labrador economy.

CLICK HERE for more information on any of the research funded through these programs

 

For further information:

Media contacts:

Jeff Green
Manager, Marketing & Communications
Research & Development Corporation
709-758-0973, 691-8892
jeffsgreen@rdc.org

Meaghan Whelan
Communications Co-ordinator
Office of the Vice-President (Research)
Memorial University of Newfoundland
709-864-4073, 687-9243
mcwhelan@mun.ca

Scott Barfoot
Director of Communications
Department of Innovation, Business and Rural
Development
709-729-4570, 690-6290
scottbarfoot@gov.nl.ca

 

RDC Launches Prestigious Awards Program for Newfoundland and Labrador High School Students

04 October 2012

ST. JOHN'S, NL, Oct. 4, 2012  - Recognizing the need to introduce high school students to research-related education and career opportunities, the Research & Development Corporation (RDC) today launched its 2013 Research Inspired Student Enrichment (RISE) Awards competition.

The RISE Awards will provide up to 15 Newfoundland and Labrador high school students with an opportunity to attend a national or international enrichment program next summer. The awards are open to those students that consistently demonstrate academic excellence in science, technology, engineering and mathematics, and who will be completing Level II by June 2013.

"These students are about to make some critical decisions in terms of post-secondary education that will impact their career paths and research interests in science, technology, engineering and mathematics," said the Honourable Keith Hutchings, Minister Responsible for RDC. "I challenge our province's principals, teachers, parents and guardians to encourage their highest-achieving students to apply for these awards, as they are designed to provide students with experiences that could significantly contribute to their careers."

Last year, RDC received applications from school districts across the province resulting in 11 high school students receiving a RISE Award. These students attended programs in Canada and the United States during summer 2012, learning from innovative scientists, researchers and teachers.

"Opportunities provided through the RISE Awards enhance the quality programming and teaching offered as part of the K-12 school system in Newfoundland and Labrador," said the Honourable Clyde Jackman, Minister of Education. "To be selected for a RISE Award is a tremendous achievement and I strongly encourage students to apply for these awards. The knowledge and skills they gain will benefit them throughout their school days and beyond."

As Newfoundland and Labrador continues to diversify its economy, RDC has been mandated to identify potential leaders in the research and development (R&D) community.

"There is considerable interest in our RISE Awards from all over the province," said Glenn Janes, CEO, RDC. "The RISE Awards is a program designed to cultivate a new generation of R&D leaders, build a culture of innovation and strengthen Newfoundland and Labrador's economy for the future."

Building on the success from last year, RDC is supporting a new enrichment program this year. Students on Ice is an award-winning program which provides students with education and research opportunities through a ship- and land-based Arctic expedition. RDC will fund a maximum of two students to attend the program next year.

In addition to Students on Ice, RDC will continue to sponsor up to two Newfoundland and Labrador Level II graduates to attend the prestigious Research Science Institute in July 2013 in Boston, Massachusetts. A partnership between the Center for Excellence in Education (CEE) in McLean, Virginia, and the Massachusetts Institute of Technology, the Research Science Institute offers a six-week summer enrichment program focused on advanced theory and research in science, technology, engineering and mathematics.

Successful RISE Award recipients will also be chosen to attend Shad Valley and Da Vinci Engineering Enrichment Program (DEEP). Shad Valley is a four-week program held across 10 Canadian university campuses, including Memorial University, which centres on bringing science, technology, engineering and mathematics research and entrepreneurship together. DEEP is a four-week program held at the University of Toronto which offers pre-university engineering enrichment and research project opportunities.

Further details on the supported enrichment programs, awards structure, deadlines and applications are available online at www.rdc.org.

More information about the RISE Awards will be available on the program's Facebook page (RISE Awards RDC) and on Twitter, @RDC NL, #RISEAWARDS. The awards will also be promoted in schools and communities throughout the province.

This year's deadline is November 8, 2012.

About the Research & Development Corporation
The Research & Development Corporation is a provincial Crown corporation responsible for improving Newfoundland and Labrador's R&D performance. RDC works with R&D stakeholders including business, academia and government agencies and departments. In Budget 2012: People and Prosperity - Responsible Investments for a Secure Future, RDC was allocated $19 million to make strategic research and development related investments in people, research opportunities and infrastructure. For more information about RDC, go to www.rdc.org.

SOURCE: Research & Development Corporation

For further information:

Media contacts:

Jeff Green
Manager, Marketing & Communications
Research & Development Corporation
709-758-0973, 691-8892
jeffsgreen@rdc.org

Scott Barfoot
Director of Communications
Department of Innovation, Business and Rural Development
709-729-4570, 690-6290
scottbarfoot@gov.nl.ca

Heather May
Director of Communications
Department of Education
709-729-0048, 697-5061
heathermay@gov.nl.ca

Atlantic DataSystems (ADS) Launches Small Business IT Makeover Contest

25 September 2012

ADS to award successful Atlantic Canadian small to midsized business with technology and services package valued at $30K. Tell us your story.


St. John's, Newfoundland-September 10th-Atlantic DataSystems (ADS), a leading IT solutions provider with offices throughout Atlantic Canada, today announced the official launch of the Small Business IT Makeover Contest. The contest will award a complete business software makeover, including Sage 300 ERP (formerly known as ACCPAC) software and services, as well as IT services and infrastructure to one Atlantic Canadian business. The prize valued at more than $30,000 will help provide one business with the tools and expertise to overcome challenges, transform and grow in the Atlantic Canadian region. 

Click here for full press release (PDF).

RDC invests $1.3 million in 11 Newfoundland and Labrador Companies

17 September 2012

GANDER, NL, Sept. 14, 2012 /CNW/ - Research focused on improving petroleum exploration, enhancing marine safety and preventing and detecting money laundering and fraud are among the 11 business-led projects receiving more than $1.3 million in funding from the Research & Development Corporation of Newfoundland and Labrador (RDC). The funding was announced during a news conference in Gander, NL.

"With an increasingly diversified economy continuing to outpace growth in other regions around North America, Newfoundland and Labrador continues to earn a reputation as a place where business growth and innovation is encouraged," said the Honourable Keith Hutchings, Minister Responsible for RDC. "The Provincial Government is committed to providing these companies and others with the business opportunities and programs they need to bring their products to markets anywhere in the world."

RDC works with businesses, providing funding to assist with research and development (R&D) activities focused on improving Newfoundland and Labrador's R&D performance.

Today's investment is fostering business R&D in Newfoundland and Labrador focused on key sectors including oil and gas, fisheries, information technology and ocean technologies. The funding supports innovative projects being led by the following 11 companies: Lotek Wireless Inc., NorCan Pozzolan AS, Afinin Labs Inc., Firecraft Products Inc., Oceans Limited, Technip Canada Limited, Triumph Atlantic, Verafin Inc., Virtual Marine Technology Inc., Whitecap Scientific Corporation and WYSE Design & Development Inc.

"Investing in R&D projects led by Newfoundland and Labrador's business sector is a key priority for the Research & Development Corporation," said Glenn Janes, Chief Executive Officer of RDC. "Through our support businesses are developing new technologies and skills that strengthen R&D and create jobs."

Today's funding comes from two RDC programs tailored to enhance business-led R&D in Newfoundland and Labrador.

R&D Proof of Concept helps companies strengthen their technical capacity, while reducing the financial risk of undertaking R&D activities through to proof of concept. The program's investments of up to $250,000 per project also enable companies to respond quickly to market opportunities by developing and testing new or improved products, services and processes.

R&D Vouchers help companies augment their R&D capabilities with greater access to the expertise and facilities needed to support their R&D needs. The program's investments of up to $15,000 per project support costs associated with access to specialized research personnel, research facilities and other R&D performers.

Both programs provide R&D funding to support companies as they increase their R&D expenditures and develop leading-edge technologies. More information about these programs is available at www.rdc.org.

About the Research & Development Corporation

The Research & Development Corporation is a provincial Crown corporation responsible for improving Newfoundland and Labrador's R&D performance. RDC works with R&D stakeholders including business, academia and government agencies and departments. In Budget 2012: People and Prosperity - Responsible Investments for a Secure Future, RDC was allocated $19 million to make strategic research and development related investments in people, research opportunities and infrastructure. For more information about RDC, go to www.rdc.org.

 

Details on the 11 projects are available in the backgrounder of this news release.

CLICK HERE to read backgrounder and original news release.

For further information:

Jeff Green
Manager, Marketing & Communications
Research & Development Corporation
709-758-0973, 691-8892
jeffsgreen@rdc.org 

Research & Development Corporation Announces Recipients of First-Ever High School Enrichment Awards

26 July 2012

Eleven high school students from Newfoundland and Labrador will spend their summer attending research-focused enrichment programs throughout North America as the result of an awards competition initiated by the Research & Development Corporation (RDC).

RDC's Research Inspired Student Enrichment (RISE) Awards, launched in 2011, provides high school students who achieve academic excellence with an opportunity to attend a recognized enrichment program in the summer. The awards aim to increase students' knowledge of research-related education and career paths in science, technology, engineering and mathematics prior to post-secondary education.

Read full release here

Halifax Pop Explosion launches HPX Digital Conference

24 July 2012

Halifax Pop Explosion today introduced the HPX Digital Conference, a major 3-day event for digital and interactive creators and related disciplines from Eastern Canada, the United States, and beyond. Hosted at the Atlantica Hotel, the conference will be held on October 17, 18, and 19, during the Halifax Pop Explosion.

Click here to view PDF of full press release.

Contract Awarded for Phase Two of Energy Innovation Roadmap

30 May 2012

Natural Resources
May 18, 2012

Contract Awarded for Phase Two of the Energy Innovation Roadmap

To help identify opportunities to stimulate future innovation and strategic investment in Newfoundland and Labrador's energy sector, Hatch Limited has been awarded a contract valued at approximately $158,000 to begin work on Phase Two of the province's Energy Innovation Roadmap.

"The awarding of this contract builds upon our government's commitment to pursue a coordinated strategic approach to energy innovation with a particular focus on areas of competitive advantage," said the Honourable Jerome Kennedy, Minister of Natural Resources. "The development of a series of roadmaps will identify potential opportunities for further development, expansion, and diversification while contributing to the continued growth and success of Newfoundland and Labrador's energy sector."

The Phase One report, released in July 2011, provided a detailed analysis of the province's energy sector and innovation opportunities in several key areas including oil and gas, hydroelectricity, onshore wind, remote energy systems, and energy transmission. The report can be located on the Department of Natural Resources website at www.nr.gov.nl.ca/nr/publications/energy/#reports.

Phase Two will involve the development of specific roadmaps for the areas identified during Phase One. Hatch Limited will complete a roadmap for the areas of Onshore Wind and Transmission in Harsh Environments.

"As a result of the work to be completed in Phase Two, Newfoundland and Labrador will potentially develop world-class expertise in specific areas that could be utilized for the continued exploration and development of our significant energy resources, and could solidify our position as energy leaders in the international marketplace," said Minister Kennedy.

The Provincial Government's Energy Plan committed to the creation of an Energy Innovation Roadmap to provide direction, focus, and priorities for future energy technologies. The Energy Plan initially committed $5 million to support detailed recommendations and advice on the planning, implementing, and financing of energy innovation in the province. Budget 2012: People and Prosperity provided $1.5 million to support Energy Plan initiatives including the creation of an Energy Innovation Roadmap.

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Media contact:
Heather Maclean
Director of Communications 
Department of Natural Resources
709-729-5282, 697-4137
heathermaclean@gov.nl.ca

2012 05 18                               12:30 p.m.

R&D Tax Update from Deloitte

03 April 2012

Innovation is one of the most important contributors to presistent and sustained economic growth and a key solution to Canada's lagging productivity, as discussed in Deloitte's The future of productivity: An eight-step game plan for Canada. 

In anticipation of the 2012 federal budget, important issues such as Canada's productivity and innovation gap, tax credits versus direct grants, consultants' fees, effectiveness of the Scientific Research and Experimental Development (SR&ED) program, appointing a new minister of innovation, and improving administration of incentives have all been the subject of much debate. 

What did the government do? Click here for the full release from Deloitte, which outlines key recommendations from the Jenkins report and how Budget 2012 implements them.

Go Beyond Pixels Conference

29 March 2012

Go Beyond Pixels Conference, May 25th 2012 St. John's NL.

Learn HTML5, CSS3, JS, Mobile/App Dev and more. Speakers include: Jeffrey Zeldman, Aarron Walter, Ethan Marcotte, Jeremy Keith, Josh Clark, Microsoft, and local designer Geri Coady.

Click here for media release

Call for Nominations - Innovation in Practice Awards

16 February 2012

For the first time ever, celebrate the practice of Innovation! 

As a longtime observer of business innovation, Progress Media is launching an awards program to recognize, reward, and promote innovation in the public sector. Here is your opportunity to nominate!

Governments at every level influence business, education, social and cultural institutions right across Atlantic Canada.  Now governments face unprecedented challenges - housing, jobs, rising health care costs, environmental issues, demographic shifts, and the confluence of falling revenues, and increased social welfare spending.

Governments need to embrace innovative approaches to daunting problems.

With innovation as a priority objective, our region will become more productive, competitive, and resilient.

An efficient, effective public service sector is integral to Atlantic Canada's prosperity.

With government focused on creating an innovation driven region it is possible for scientists, entrepreneurs, investors, and policy makers to collaborate in building a new era of opportunity and prosperity.

In addition, facing long-term budget constraints, governments will come to depend upon social innovation - social entrepreneurs and creative public sector initiatives - to face the incumbent emerging challenges.

Any organization in the public sector in Atlantic Canada, which includes provincial, federal, municipal governments, crown corporations, agencies, educational institutions, NGOs - not for profits/industry associations, economic development agencies, military, universities, school boards, health boards, is eligible.

There will be a celebration of Innovation in Practice - Public Sector workshop and awards reception for finalists representatives on April 25, 2012, presented by Cisco.  All finalist representatives, sponsors, and very special guests will engage in an Innovation Laboratory, and finish the day with a keynote by the President of Cisco Canada, and the presentation of awards. Progress print and online will feature finalists, winners and photos. Nominate the public castor of your choice for an exciting, fun, productive experience!

Click here to submit your nomination.

Nominations are due by Monday, March 5th at 5:00 pm.

Supplier registry open for N.S. shipbuilding

24 January 2012

For companies in this province hoping to get a foot in on supplying the $25-billion in shipbuilding work in Halifax over the next 20 to 30 years, Irving Shipbuilding has laun-ched an online registry of suppliers.

Click here for more information.

Repeated fixed term employment contracts do not necessarily lead to indefinite term employee status

20 December 2011

The Ontario Superior Court of Justice has released a ruling that provides some insight into repeated fixed term employment contracts. While courts generally look for ambiguities in these contracts and interpret them strictly against the employer's interests, carefully drafted contracts can be used to hire independent contractors for repeated terms without making them indefinite term employees.

To read this eCaseNote in full, click here or visit www.bensonmyles.com for more.

HK Trade Development Council provides incentive for Canadian companies to attend ICT Expo

10 November 2011

The Hong Kong Trade Development Council (HKTDC) is looking for 6 Canadian Comanies to attend the ICT Expo from April 13-16 2012.

As an incentive, HKTDC has reserved a booth and will offer these 6 companies free exhibition space, pay for 4 nights per company, and offer a position on the industry panel. This is offered on a first come, first serve basis, so interested parties should act quickly in contacting Gerry Whalen at gerry.whalen@acoa-aepca.ca to discuss.

Cick here for additional information.

LOOKNorth Call for Expressions of Interest

27 October 2011

LOOKNorthCall for Expressions of Interest:

Monitoring Technologies for Northern & Oil Sands Applications

 

 LOOKNorth, a Canadian Centre of Excellence for Commercialization and Research (CECR) hosted by C-CORE, is soliciting Expressions of Interest (EOI) from small and medium sized enterprises (SMEs) based in Newfoundland & Labrador that have developed remote sensing or other monitoring technologies that can provide significant positive impacts on the sustainable development of Canada's Northern natural resources and oil sands. 

 

This request for EOIs is the first phase of a proposal process intended to identify a maximum of three (3) projects.  Successful projects should demonstrate or validate technologies that will provide impacts such as an increase in operational safety, operational cost effectiveness, increased environmental responsibility, accelerated regulatory process for permits and other benefits as described in the LN-EOI Detailed Description Fall 2011 document.

 

EOIs are accepted until 23:59, 14 November 2011 Newfoundland Time via email at proposals@LOOKNorth.org or fax at 709-864-4021.  Successful candidates will be required to submit a complete proposal by 23 January 2012.

 

For EOI submission details and template please go to www.looknorth.org/tvp. 

October 2011 Guest Advisor Program

04 October 2011

Canada Business Newfoundland and Labrador
October 2011 Guest Advisors

Tuesday, October 25
Accounting
with John Dearin,
Business Management Services Inc.

Wednesday, October 26
Business Planning
with Mike Green, BDC

Thursday, October 27
Small Business Banking
with Carson Chafe, TD Canada Trust

Friday, October 28
Legal Consultation
with David S. Williams, O'Dea, Earle

Location:

Boardroom
90 O'Leary Avenue
St. John's, NL
October 2011

To make an appointment call:
1-888-576-4444
or Email info.cb.nl@acoa-apeca.gc.ca

Appointments are from 1-4 pm