MONTRÉAL, July 9, 2015 /CNW Telbec/ - Ingenio, Loto-Québec's research and innovation subsidiary, awarded its Coup de cœur Ingéniosité prize to Revol Technologies during the Gala des Grands Prix Desjardins segment of the Québec Entrepreneurship Contest. The 17th edition of the gala was held at Palais Montcalm, in Québec City, on June 18, 2015. The $5,000 prize rewards the ingenuity of new businesses, be it for the nature of products or the way in which they are offered, or the implementation of reinvented work methods or production.
Revol Technologies' two young founding entrepreneurs, Navi Cohen and Daniel Blumer, also won second prize in the Technological and Technical Innovations category. They developed a patent-pending technology for manufacturing good quality, wireless earbuds that are comfortable because they are tailored to the user. The rubber cushions around the earphones are filled with gel. Once the cushions are comfortably placed in the user's ears, a chemical process triggered by a smartphone app sets the cushions within one minute.
"With a product that sets itself apart from competitors and provides a clear advantage to the user, Revol Technologies has developed an innovative process that enhances the earphone market," said Nathalie Rajotte, Ingenio's General Manager.
The business is housed in Concordia University's District 3 incubator. Our young entrepreneurs are heading to China on a sponsorship by Hax Accelerator, an investment firm that helps technology company start-ups with prototype development and sub-contractor identification, among other things. "On our return in the fall, we will launch a crowd-fund campaign. We plan to deliver our first earphones in the summer of 2016," explained Navi Cohen, Director of Technology at Revol Technologies. "We are proud of the recognition provided by the Coup de cœur Ingéniosité prize and are encouraged to continue our work," he added.
Ingenio is committed to promoting Québec's up-and-coming stars in the areas of innovation, new technologies and multimedia entertainment. The subsidiary has partnered with the Québec Entrepreneurship Contest for the past 15 years, whose mission is to spur entrepreneurship and build a proud, innovative, committed and prosper Québec economy.
Created in 1998, this Loto-Québec subsidiary works primarily in research and innovation relating to entertainment products and games of chance from an international perspective. Over the past few years, Ingenio has set itself apart as much in the lotteries sector as in casino products thanks to the originality of its interactive concepts that use new multimedia technologies to offer immersive and entertaining gaming experiences. For more information, visit http://www.ingenio-quebec.com.
Image with caption: "Nathalie Rajotte, General Manager of Ingenio, with Navi Cohen and Daniel Blumer, co-founders of Revol Technologies. (CNW Group/Loto-Québec)". Image available at: http://photos.newswire.ca/images/download/20150709_C4436_PHOTO_EN_441972.jpg
For further information: Patrice Lavoie, Director, Communications and Press Relations, Loto-Québec, 514-499-5130; Tali Katz, Director, Marketing, Revol Technologies, www.revols.com, 514-945-8254