Innovation can build bridges - Ontario Centres of Excellence Fellowship awarded to Carlos de Oliveira



    TORONTO, Sept. 26 /CNW/ - Carlos de Oliveira, CEO of Cast ConneX
Corporation, has been named the Ontario Centres of Excellence Martin Walmsley
Fellowship for Technological Entrepreneurship recipient for 2007, in
recognition of the transformational impact his innovation will have on the
steel construction industry. The Fellowship provides $100,000 in business
development funding over a two-year period.
    Oliveira's research on earthquake-resistant structural castings at the
University of Toronto evolved into Cast ConneX Corporation, with products that
include a range of braces and connectors for low and medium rise steel
structures. Developed in response to heightened awareness of structural
failures and in anticipation of changes in North American steel industry
building codes, these connectors are well positioned to become the technology
of choice for the steel construction industry. The company also offers design
and manufacturing management services for customer cast steel connections, and
engineering consulting for complex connection design. Cast ConneX has already
begun manufacturing prototypes for regulatory pre-qualification, and will be
launching its product line at the North American Steel Conference in early
2008.
    "Ontario's future increasingly depends on how well industry can produce
innovative, high value products and services, at the same time growing a new
cadre of entrepreneurs and business leaders. Cast ConneX and Oliveira
exemplify OCE's formula for success, and we are proud to honour Oliveira with
the Walmsley Fellowship which will accelerate this entrepreneurial young
company to achieve the next level of commercial development," said Mark
Romoff, President and CEO of Ontario Centres of Excellence (OCE).
    Romoff presented the award to Oliveira at OCE's Annual General Meeting in
Toronto yesterday. The Martin Walmsley Fellowship for Technological
Entrepreneurship facilitates the transition of OCE-funded university-based
research into innovative business ventures. An expert panel selects the
candidates, who are judged on criteria including strength of technology,
commercial viability and sound business planning. The Fellowship honours the
vision of Dr. Martin Walmsley, who was instrumental in founding the Ontario
Centres of Excellence program in 1987.

    About Ontario Centres of Excellence (OCE) Inc.

    Ontario Centres of Excellence (OCE) Inc. drives the commercialization of
cutting-edge research across key market sectors to build the economy of
tomorrow and secure Ontario's global competitiveness. In doing this, OCE also
fosters the training and development of the next generation of innovators and
entrepreneurs, and is a key partner with Ontario's industry, universities,
colleges, research hospitals, investors and governments. Celebrating 20 years
of innovation in 2007, OCE's five Centres work in communications and
information technology, earth and environmental technologies, energy,
materials and manufacturing, and photonics. For more information, please visit
our web site at www.oce-ontario.org.





For further information:

For further information: Ann Holtby, Marketing and Communications,
Ontario Centres of Excellence, (416) 861-1092 x 1018 or email
ann.holtby@oce-ontario.org

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