Ontario Centres Of Excellence Inc.

Ontario Centres Of Excellence Inc.

October 07, 2009 10:03 ET

Nine OCE-Supported Companies Recognized at Deloitte Technology's Fast 50™ Awards

TORONTO, ONTARIO--(Marketwire - Oct. 7, 2009) - Nine OCE-supported companies have been recognized at this year's Deloitte Technology Fast 50™Awards, representing almost 20 percent of all Ontario companies selected.

EION Wireless (Ottawa), ARISE Technologies (Waterloo), DragonWave Inc. (Kanata), Research in Motion (Waterloo), Desire2Learn Incorporated (Kitchener-Waterloo) and BTI Systems (Ottawa) all made the Deloitte Technology Fast 50™ list based on their past five years revenue growth.

Aeryon Labs (Waterloo) and OneChip Photonics (Ottawa) were also recognized in Deloitte's Companies-to-Watch Awards. These awards honour early-stage Canadian technology companies who have been in business less than five years.

Vive Nano (Toronto), another OCE-supported company, was acknowledged in Deloitte's Green 15™, awarded to companies who use innovative technologies to create products and services that compete with existing products and services on price and performance while reducing impact on the environment.

David Choat, Interim OCE President and CEO, said Deloitte's recognition of these innovative Ontario companies speaks directly to the importance of partnerships and collaboration in creating economic prosperity within the province.

"I would like to congratulate the Ontario companies recognized at this year's Deloitte Technology Fast 50™Awards," said David. "Together, they represent the brilliant ideas, entrepreneurial spirit and innovative thinking that's driving our province forward and making a better future for all Ontarians."

To learn more about the Deloitte Technology Fast 50™Awards, visit www.fast50.ca.

About Ontario Centres of Excellence (OCE) Inc. (www.oce-ontario.org)
Ontario Centres of Excellence (OCE) Inc. drives the commercialization of cutting-edge research across key market sectors to build the economy of tomorrow and secure Ontario's global competitiveness. In doing this, OCE fosters the training and development of the next generation of innovators and entrepreneurs and is a key partner with Ontario's industry, universities, colleges, research hospitals, investors and governments. OCE's Centres work in communications and information technology, earth and environmental technologies, energy, materials and manufacturing and photonics. OCE is funded by the government of Ontario and is a key partner in delivering Ontario's Innovation Agenda. OCE through its Centre for Commercialization of Research (CCR), an initiative supported by the Networks of Centres of Excellence of Canada, also acts as a catalyst which allows innovative businesses to grow and achieve sustainable, commercial success and global competitiveness.

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