KITCHENER, ON, Jan. 28 /CNW/ - CREZ Basketball Systems Inc has received a
Michelin Development in the Greater Waterloo Region loan for $50,000.00. The
loan will be used to take the CREZ Basketball System from the university
research environment to the business world through the funding of 10 new jobs
that will drive development, marketing and sales processes.
"CREZ Basketball Systems Inc. with their aggressive growth and job
creation program is the exact type of business we are looking to partner
with", said John Tully, director, Michelin Development (Canada) Inc. in the
Greater Waterloo Region. "We look forward to working closely with them to
achieve their goals and maximize their business."
CREZ Basketball Systems Inc. builds and markets team sports information
systems for use across all levels of play. It offers a complete capture,
analysis and deployment system which uses a tablet PC as an innovative means
to provide this user-friendly system.
"We have a great product and we needed a partner who believes in us and
could give us the extra boost," said David Clausi, owner and inventor CREZ
Basketball Systems Inc. "Michelin Development in the Greater Waterloo Region,
with its loans and business expertise has given us that boost."
Michelin Development focuses on new job creation by providing
low-interest loans to qualified start-up, small- and medium-sized businesses.
In addition to this financial support, Michelin Development supports the
development of new and existing businesses by providing access to Michelin's
considerable in-house business expertise.
Information and applications for interested entrepreneurs are available
Dedicated to the improvement of sustainable mobility, Michelin designs,
manufactures and sells tires for every type of vehicle, including airplanes,
automobiles, bicycles, earthmovers, farm equipment, heavy-duty trucks,
motorcycles and the space shuttle. The company also publishes travel guides,
hotel and restaurant guides, maps and road atlases. Headquartered in Laval,
Quebec, Michelin North America (Canada) Inc. (www.michelin.ca) employs
approximately 3,700 employees and operates three plants.
For further information:
For further information: visit www.michelinmedia.com, or contact: Karen
Gordon, cell: (416) 997-9478