Cycle Capital expands its team

MONTREAL, July 10, 2013 /CNW Telbec/ - Andrée-Lise Méthot, Founder and Managing Partner of Cycle Capital Management (Cycle Capital) is pleased to announce that two new strategic collaborators are joining its team, Claude Champagne and Louis Carbonneau, who bring added skills to an already accomplished team.

Entrepreneur-in-residence

Claude Champagne joins the Cycle Capital group as Entrepreneur-in-Residence. The practice of naming an entrepreneur-in-residence is popular in the United States and gradually being introduced in Canada. "I am pleased to welcome this very successful entrepreneur to our team as Entrepreneur-in-Residence. I am delighted that Claude Champagne will be sharing his vast operational experience with us," said Ms. Méthot.

Mr. Champagne began his distinguished career in high-tech development, marketing, and corporate leadership at Nortel Networks. He founded Positron Fiber Systems Corp, a leading company in its sector, which grew rapidly and had a successful initial public offering (IPO). He has also held executive management positions at RELTEC Corp and Marconi PLC. In addition to serving on various boards and committees, he has worked in strategic advisory and mentoring roles in various high-tech companies including LxDATA, for which he became CEO.

Exclusive agreement for Canada

Currently a strategic advisor on Cycle Capital's team, Louis Carbonneau will now devote his services in the field of clean technologies exclusively to Cycle Capital for Canada. Cycle Capital's agreement will give the organization the advice of this internationally renowned expert in intellectual property. "The cornerstone of our clean technology investment strategy is intellectual property. This is why we are very proud to have succeeded in retaining Mr. Carbonneau's exclusive services. I view this partnership as the key to our future success in the field," added Ms. Méthot.

Louis Carbonneau is very familiar with all the legal aspects of intellectual property. He has 25 years of international experience in the field and was General Manager of Intellectual Property Licensing & IP Ventures at Microsoft, where he worked for 15 years. This native Quebecer began his legal career in Montreal in 1988, and became general counsel for Softimage in 1995. Since 2011, he has been CEO of Tangible IP, LLC, a patent brokering and strategic IP advisory firm that he founded. For the second consecutive year, Mr. Carbonneau recently earned the prestige of being named one of the World's Leading Intellectual Property Strategists, an honour attributed to only 300 individuals worldwide by the British publication Intellectual Asset Management (IAM).

About Cycle Capital Management

A pioneer among Canadian venture capital funds focused on the cleantech sector, Cycle Capital invests in companies developing and commercializing clean technologies and striving to reduce greenhouse gas emissions, optimizing resource use, and improving process efficiency throughout a product's life cycle.

With assets under management of $230 million, Cycle Capital invests in Quebec and northeastern North America. Cycle Capital is composed of experienced investment professionals, strategic advisors, and industrial partners with in-depth knowledge of the sector. Cycle Capital has a special relationship with its strategic partners, notably Brookfield Renewable Energy, Rio Tinto Alcan, Cascades, Master Group, Lonza, Gaz Métro, Systemex Énergies, Aluminerie Alouette, and Hydro-Québec.

SOURCE: Cycle Capital Management

For further information:

Andrée-Lise Méthot
514-865-3620

http://www.cyclecapital.com