DoveCorp Enterprises Inc.
TSX VENTURE : DOV

DoveCorp Enterprises Inc.

November 07, 2006 14:01 ET

DoveCorp Named as a Winner in the 2006 Canadian Information Productivity Awards

Canada's highest-prestige and longest-running IT awards program recognizes Canadian organizations for their innovative use of technology

TORONTO, ONTARIO--(CCNMatthews - Nov. 7, 2006) - The Canadian Information Productivity Awards (CIPA) today announced DoveCorp (TSX VENTURE:DOV) is a 2006 Award of Excellence recipient at the CIPA Gala Banquet held at the Westin Harbour Castle Conference Centre on November 1, 2006.

"To be recognized by CIPA as a 2006 Winner for our work with efficiency and operational improvements is an honour, considering CIPA is the premier information-technology and innovation awards program in Canada," says Sam Mizrahi, President and CEO of DoveCorp. "It is rewarding to have our efforts to improve our enterprise through innovative technology acknowledged on a national scale."

CIPA's awards program commemorates organizations that have applied IT innovation to improve productivity and efficiency throughout the organization. Winners for the annual awards are selected from entries submitted by public and private organizations of all sizes and types across Canada. This year's black tie Gala saw 64 organizations with 75 innovative IT projects compete for 25 Awards of Excellence across 4 categories. A sellout crowd of nearly 900 senior executives enthusiastically applauded the innovative solutions to business challenges and opportunities.

DoveCorp was selected as a Gold Award of Excellence, Efficiency and Operational Improvement recipient based on an entry which outlined its innovative consolidation of dry cleaning and laundry processes into a single, state-of-the-art facility.

"CIPA is pleased to recognize DoveCorp's accomplishment," said Norm Kirkpatrick, President and CEO of CIPA. DoveCorp has capitalized on the latest technologies and strong management to increase the productivity and competitiveness of their organization."

CIPA awards promote best practices from private and public sector organizations as examples for other Canadian organizations, highlighting ways to transform the operations of their organizations through the adoption of new processes and technologies. Above all, the CIPA awards prove year after year that Canada is a growing hub for global innovation.

About the Canadian Information Productivity Awards

CIPA is Canada's oldest and largest awards program in the field of information technology and the premier showcase for Canadian IT and innovation. It is supported by Managing Sponsor CGI Group Inc., and leading industry technology companies Hewlett-Packard (Canada) Co. and CA Canada, as well as: IDC Canada, research partner; Rogers Communications Inc., IT World Canada and High Road Communications, media partners, and allied technology associations CATA, CHITTA, CIPS, COACH, CME, FiQ and ITAC.

The mission of CIPA is to recognize and celebrate excellence that fosters innovation and enhanced global competitiveness in Canada. This is achieved through recognizing organizations that have successfully developed and implemented innovative IT-based projects in the areas of customer care, operations and efficiency, organizational transformation and exceptional innovation that achieve significant productivity gains for their organizations.

Winners of the annual competition gain national and international recognition at the CIPA Gala Banquet in November and through extensive media exposure and on www.cipa.com.

About DoveCorp:

DoveCorp is a leader in Canada's dry-cleaning and laundry industry, with the only ISO 9001 dry cleaning registration in the world. For more than 10 years, its flagship Dove Cleaners division has been widely recognized by various fashion and industry magazines as among the best premium dry cleaning and laundry services in Canada. At the same time, its Dove Depot, Meena Cleaners, and Natural Cleaners divisions excel in the mass market. DoveCorp's acquisition of Cadet Cleaners, a leader in the Greater Toronto Area for 50 years, has brought the number of DoveCorp's retail locations to 98. In addition, Dove Cleaners Commercial is a full-service provider of linen, uniforms, and mat rentals. The company also provides out-sourced dry cleaning and laundry services.

The TSX Venture Exchange has in no way passed on the merits of the transaction described herein.

Forward-looking statements

This document contains forward-looking statements relating to DoveCorp's financial performance, operations or to the environment in which it operates, which are based on DoveCorp's operations, estimates, forecasts, and projections. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict, or are beyond the company's control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. These factors include those set forth in the company's corporate filings, (posted at www.sedar.com). Consequently, readers should not rely on such forward-looking statements. In addition, these forward-looking statements relate to the date on which they are made. Although the forward-looking statements contained herein are based upon what management believes to be reasonable assumptions, DoveCorp cannot be certain that actual results will be consistent with these forward-looking statements, and the company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

DOVECORP ENTERPRISES INC. 35 SUNTRACT ROAD TORONTO, ON M9N 2V8

This press release shall not constitute an offer to sell of the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful. The securities have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release and has neither approved nor disapproved of the contents of this release.

Contact Information

  • Canadian Information Productivity Awards
    Lawrence Moule
    Director of Communications
    (416) 458-4410
    Email: lawrence.moule@cipa.com
    or
    High Road Communications
    Coralie Olson
    (416) 644-2275
    Email: colson@highroad.com
    or
    DoveCorp Enterprises Inc.
    Sam Mizrahi
    President and CEO
    (416) 782-8788 x 223
    Email: sam@dovecorp.com