WATERLOO REGION, ON, Aug. 7, 2012 /CNW/ - Innovation leaders from
throughout Waterloo Region are joining forces on the Province of
Ontario pavilion, promoting the Region as a thriving tech hub and one
of Canada's best places to live, at the SIGGRAPH 2012 exhibition which
gets under way today in Los Angeles. The SIGGRAPH conference and
exhibition August 7-9 is billed as the premier international event on
computer graphics and interactive techniques, drawing 20,000 attendees
from five continents.
"We're pleased to partner with the Province and the City of Kitchener to
showcase Waterloo Region's strengths in both innovation and lifestyle,
and build awareness for talent attraction and investment," said Karen
Gallant, Senior Director Talent Networks at Communitech.
The Waterloo Region presence will promote innovation in digital media,
gaming and other fields as well as the lifestyle benefits of living in
a medium-sized urban area that features arts and culture, sports and
recreation, and more. There are almost 1,000 tech companies in Waterloo
Region generating over $30 billion in annual revenues, and employing
30,000+ professionals with another estimated 1,000 job openings
Community leaders involved in the SIGGRAPH exhibit emphasize that
sharing the growing reputation of Waterloo Region as a North American
tech hub is critical to future economic success.
"It's exciting to see that Waterloo Region holds a strong place in the
digital media industry. Investments such as the Communitech Hub in
downtown Kitchener -- where 100 digital media and mobility startups
innovate every day -- are really starting to have an impact," said Rod
Regier, Executive Director Economic Development, City of Kitchener.
"These startups will need investors keen to capitalize on their
innovation, and SIGGRAPH puts the community and the tech cluster on the
"Events like SIGGRAPH are important for building the brand of the
community as Canada's hottest tech hub and a great place for foreign
companies to expand their operations," said John J. Jung, CEO of
Canada's Technology Triangle (CTT). "Access to talent and collaborative
R&D are just two reasons that companies like Google and Electronic Arts
choose to expand operations to Waterloo Region."
Conestoga College's School of Media and Design is supporting the booth
at SIGGRAPH, adding to the buzz about Waterloo Region in digital media.
"We're pleased to participate to extend the brand recognition of our
Region as a leading centre of design innovation in an increasingly
digital world," said Mark Derro, Chair of the School of Media and
Design at Conestoga College.
Waterloo Region has numerous points of pride to share with SIGGRAPH
attendees including the fact that its tech sector generates over $30
billion in revenues annually in a talent-rich community of just 550,000
people. Waterloo Region tech highlights include:
$535 million in deal flow in 2011
400+ burgeoning startups plus 400 small-to-medium sized businesses, and
30 large and/or multi-national companies including:
Canada's largest software company OpenText; the country's largest
satellite company COM DEV; Canada's largest eLearning company
Desire2Learn; the world's largest digital projection company Christie
Digital Canada Systems Inc.
Over $ ½ Billion in acquisitions over the last 12 months
Invested venture capital, private equity and angel financing grown from
$7 million in 1997 to more than $300 million today
150 research institutes, pre-eminent research facilities in quantum-nano
and theoretical physics
631 patents granted per million (3x national average per CTT)
98,000 post-secondary students, including 26,000 co-operative education
students (58,000 full-time, 40,000 part-time)
Christie, which has its manufacturing facility in Waterloo Region, is a
platinum sponsor of SIGGRAPH and has a major presence at the event. In
addition to moderating a high frame rate industry expert panel on
August 8 with Jon Landau, Douglas Trumbull and Dennis Muren, Christie
will showcase its latest personal visualization solution prototype, the
Christie HoloStation in exhibition Booth #1123.
For further information regarding Waterloo Region in digital media, go
SOURCE: Communitech Ltd.
For further information:
S. Grandy, Sr. PR Advisor Communitech, 905-866-2656, firstname.lastname@example.org