Communitech Annual General Meeting Will Welcome New Board Members, Recognize Tech Impact Award Winner

WATERLOO REGION, ON, Nov. 17, 2011 /CNW/ - Communitech, the tech innovation hub driving innovation and job creation in the tech sector, will mark another year of progress today with its Annual General Meeting at which industry luminaries will join the Board of Directors and the Tech Impact Award winner will be honoured.

Joining the Communitech board are: Tim Ellis, COO at the Accelerator Centre; Kevin Newman, who is keenly involved in the digital media sector as a Digital News Evangelist; Nick Oddson, Senior Vice-President R&D at OpenText; Olga Pawluczyk, President at P&P Optica Inc; John Ruffolo, CEO of OMERS Ventures; and Steve Woods, Director Google Waterloo.

"It has been an exciting and challenging year for tech companies in Waterloo Region, and I'm pleased to report that the tech ecosystem in this Region is thriving and continuing to drive innovation," said Iain Klugman, CEO of Communitech. "Maintaining the momentum, we welcome the infusion of new talent on our board and recognize with gratitude the contribution of outgoing board members."

Leaving the Communitech board will be: Dave Caputo, Sandvine; Doug Cooper, Intel; Steve Farlow, Schlegel School of Business & Entrepreneurship, Laurier University; Jennifer McCredie, OpenText; Ray Simonson, Coreworx; and Jacqui Murphy, Tech Capital Partners.

VeloCity Receiving Tech Impact Award

A special aspect of the AGM is recognition of top tech sector contribution through the annual Tech Impact Award. The 2011 Tech Impact Award recipient is VeloCity, the University of Waterloo's incubator program.

The focus of VeloCity is to develop Canada's next generation of successful entrepreneurs. Students in VeloCity build their startups and their professional networks while living in the VeloCity residence on campus and working in the VeloCity workspace at The Communitech Hub.

"In a Region infused with such a range of talent and contribution in the tech sector, the annual Tech Impact awards are especially meaningful and VeloCity is highly deserving of this recognition," said Klugman.

The Annual General Meeting is being held today -- Thursday, November 17 -- from 5 p.m. to 8 p.m. at The Tannery Event Centre, 151 Charles Street West, Kitchener and is open to all Communitech members.

About Communitech

Founded by a group of dedicated entrepreneurs in 1997, Communitech is the regional hub for the commercialization of innovative technologies supporting and building a Southwestern Ontario tech cluster of more than 800 companies that now generates more than $25B in revenue.  Communitech supports tech companies at all stages of their growth and development - from startup companies, to rapidly growing SMEs, to large global players - to create greater numbers of successful global businesses for Ontario and for Canada.

SOURCE Communitech Ltd.

For further information:

Media Contact
Shelley Grandy, Sr. PR Advisor, Communitech,

Profil de l'entreprise

Communitech Ltd.

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