Business Development Bank of Canada (BDC)

Business Development Bank of Canada (BDC)

September 14, 2009 16:17 ET

BDC is a proud partner of leaders in technological innovation

MONTREAL, QUEBEC--(Marketwire - September 14, 2009) - Infonium Inc., an Ottawa company specializing in the development of technological solutions for the healthcare sector, has been recognized as a leader by Industry Canada's Science and Technology Division. At a ceremony today in Ottawa, Jay Lawrence, Chief Executive Officer of Infonium, received a certificate recognizing his company's contribution to technological innovation in Canada. BDC is proud to count Infonium as one of its clients and salute its success.

Five years ago, Infonium began the shift from contract development to software publisher. The company quickly stood out by offering a technology that provides better control over the efficiency of care and the management of healthcare system expenditures. According to Mr. Lawrence, the challenge is to offer work methods that perform better while meeting ever increasing care quality requirements. "One of the main problems in the healthcare sector is the system's complexity. The technology we propose provides more efficient and simpler control of the services offered by healthcare institutions."

The growth of the healthcare market in Canada and the usefulness of Infonium's products led to this young company doubling its sales last year. While attributing Infonium's success to the ingenuity and dedicated work of its employees, Jay Lawrence believes that growth would not have been possible without solid partners. "From the outset, BDC was willing to take a chance with us. That's an attitude you don't often see in traditional banking institutions."

OmniGlobe Networks also among the leaders in innovation

This is the second time in the past few days that one of BDC's client companies has been recognized. Recently, OmniGlobe Networks Inc., a Montreal company specializing in cellular communications and Internet access for remote regions, was recognized as a Canadian Innovation Leader by the National Research Council. The honour is added to this company's full track record, providing affordable communication services to remote and rural communities across Canada and in more than 70 countries around the world.

According to Jason Neale, the company's Chief Executive Officer, the success of OmniGlobe Networks is based on good knowledge of the market, an innate business sense, a skilled workforce, and allies who believe in the project: "Our relationship with BDC has been strong and more than just financial. We have received unanticipated benefits, including help in finding valuable business partners and employees. BDC's support was a key contributor to OmniGlobe becoming the fastest growing technology company in Canada in 2008"

For Michel Bergeron, BDC Vice President, Corporate Relations, the success of Infonium and OmniGlobe Networks is one more proof of BDC's commitment to Canadian entrepreneurs for nearly 65 years: "Innovation is a pledge of corporate success. The growth of our SMEs and Canada's economic progress depend on it. BDC is proud to be associated with Infonium and OmniGlobe Networks and with thousands of other innovative businesses across Canada."

About BDC

BDC is Canada's business development bank. From more than 100 offices across the country, BDC promotes entrepreneurship by providing highly tailored financing, venture capital and consulting services to entrepreneurs. For more information, visit

Contact Information

  • Johanne Bissonnette
    Media Relations Manager
    Business Development Bank of Canada
    (514) 283-7929