Canadian Manufacturers & Exporters

Canadian Manufacturers & Exporters

November 30, 2010 19:00 ET

Cavet Technologies Inc. Named 2010 Regional Award Winner for New Technology in Ontario

QUEEN'S PARK, TORONTO--(Marketwire - Nov. 30, 2010) - Canadian Manufacturers & Exporters (CME) and National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP) today honoured Cavet Technologies Inc. with the 2010 Ontario Regional Award for New Technology.

"Cavet Technologies' leading-edge innovation is in the area of lighting science and electrical waveform modification has earned the company a reputation as a global leader," said Ian Howcroft, vice president of CME Ontario. "CME and NRC-IRAP are proud to honour a deserving company like Cavet – a company that displays the unique and innovative capacity of Ontario businesses."

Cavet Technologies, based in Toronto, is a lighting solutions company that has developed the award winning LumiSmart ILC - intelligent lighting control solution. The company holds several patents for this technology, which is designed, manufactured and distributed in Canada for the world market.

Cavet has a unique view on the lighting control market; being green is simply not good enough - control solutions must provide demonstrable savings within an 18 to 24 month period for customers and electrical utilities while also dramatically reducing barriers to installation.

Two other Ontario companies – A.O. Smith WPC Canada of Fergus, ON and Chinook Mobile Heating & Deicing Corporation of Smiths Falls, ON were also honoured as finalists of this regional awards competition.

The 2010 Regional Award for New Technology recognizes small and medium-sized enterprises for their innovative excellence in the development and application of innovative new technologies across Canada. IRAP's ITAs work with SMEs across Canada to help increase their innovative and technological capacity.

Canadian Manufacturers & Exporters (CME) is Canada's leading trade and industry association and the voice of manufacturing and global business in Canada. 

The association represents more than 10,000 leading companies nationwide. More than 85% of CME's members are small and medium-sized enterprises. As Canada's leading business network, CME, through various initiatives including the establishment of the Canadian Manufacturing Coalition, touches more than 100,000 companies from coast to coast, engaged in manufacturing, global business and service-related industries.

CME's membership network accounts for an estimated 82% of total manufacturing production and 90% of Canada's exports.

Contact Information

  • Ian Howcroft, CME Ontario