2011 SGF CEO of the Year: Quebec Technology CEOs select Claude Mc Master, President of D-BOX Technologies

MONTREAL, Feb. 18 /CNW Telbec/ - Technology executives attending the prestigious CEO Vision event at Mont-Tremblant selected Claude Mc Master, CEO of D-BOX Technologies as "2011 SGF CEO of the Year". The CEOs selected the winner by a secret ballot following presentations by the three finalists highlighting their entrepreneurial achievements for 2010. Organized by the Quebec Technology Association in conjunction with SGF, this honour is awarded to a CEO of a technology company in recognition of exemplary leadership and contributions to the visibility of the Quebec Information and Communications Technologies (ICT) industry.

Following a review of the company's business model, Claude Mc Master negotiated key agreements with major Hollywood studios and received $28 million from renowned institutions. D-BOX's innovation gave rise to award-winning technologies. The company added 32 theatres in 2010, for a total of 52 theatres in North America, Europe and Japan. The company also opened new markets, including casinos, health care, and flight simulators.

"Year after year, this high profile forum provides a unique venue to highlight the expertise of Quebec's technology leaders. I commend each and every one of them for their outstanding performance", stated Pierre Puglièse, Senior Vice-president, SGF Investments, Technologies and Life Sciences Group.

The CEOs and industry representatives in attendance heartily congratulated Eric Chouinard, Chairman and Chief Executive Officer of iWeb, and Andy Kulakowski, President and Chief Executive Officer of Speedware, the two runners-up for the 2011 Award, on their success.

"The winner and two runners-up provide shining examples of the entrepreneurship, passion, and leadership that are so essential to the success of our companies. Their accomplishments clearly reflect the theme of the 11th edition of the CEO Vision event, which focused this year on Growth", stated Nicole Martel, Chief Executive Officer of the Quebec Technology Association.

The secret ballot for the selection of the 2011 SGF CEO of the Year award was supervised by the Raymond Chabot Grant Thornton firm.

The evening also saw a "Coup de Cœur" awarded to Jean-Claude Coutu, President of JOVACO Solutions, in recognition of the entrepreneurial spirit that has driven him for more than 25 years and the intergenerational transfer currently underway at his company.

In its capacity as media partner, Les Affaires supports the organization of this award.

About the Quebec Technology Association
The SGF CEO of the Year Award is organized by the Quebec Technology Association (AQT), which currently has more than 450 members and affiliate members (www.aqt.ca/en). The Association represents Quebec Information and Communications Technology companies, their management teams, and industry partners. The AQT supports their growth objectives. The AQT Growth Accelerator provides access to a broad range of services and networking opportunities, while also facilitating access to the best management and marketing practices.

About SGF
Société générale de financement du Québec (www.sgfqc.com/en), an industrial and financial holding company, has a mission to carry out economic development projects, with emphasis on the industrial sector, in co-operation with partners and on standard profitability conditions, in accordance with the economic development policy of the Québec government. In keeping with its mandate, SGF is authorized by the Québec government to go beyond its traditional role as an equity investor by offering additional financial solutions.

About the winner

Claude Mc Master, President and Chief Executive Officer, D-BOX Technologies
www.d-box.com/en

About the runners-up

Eric Chouinard, Chairman and Chief Executive Officer, iWeb
http://en.iweb.com/

Andy Kulakowski, President and Chief Executive Officer, Speedware
www.speedware.com

About the "Coup de Coeur"

Jean-Claude Coutu, President, JOVACO Solutions
www.jovaco.com

/NOTE TO PHOTO EDITORS: A photo accompanying this release is available at http://photos.newswire.ca. Images are free to accredited members of the media/

SOURCE QUEBEC TECHNOLOGY ASSOCIATION (AQT)

For further information:

AQT - Sylvie Castonguay, 514-874-2667, ext. 103, scastonguay@aqt.ca
SGF - Sophie Alarie, 514-876-9368, salarie@sgfqc.com

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QUEBEC TECHNOLOGY ASSOCIATION (AQT)

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