Canadian Technology Companies to Compete for Venture Capital Dollars


    BRITISH COLUMBIA, Jan. 28 /CNW/ - Canadian technology companies will bid
for share of venture capital dollars at the 12th annual Canadian Financing
Forum on January 29, 2009 in Vancouver. The Forum is a highly recognized
event, attracting top tier Canadian and international venture capitalists to
meet with the best and most promising growth companies in Canada.

    "Given the current economic environment, the Forum is vital to turn
innovative ideas of early-stage companies into economic successes," said Greg
Aasen, Chair of the BC Innovation Council, a full sponsor of the Forum. "These
companies can reshape industries across many sectors and provide benefit to
communities beyond BC's borders."

    The one-day event is attended by a wide range of Canadian and US venture
capital firms, who look forward to connecting with entrepreneurs offering
leading-edge ideas in some of the most progressive areas.

    "The Forum represents an exciting opportunity for investors to meet with
many of Canada's most innovative entrepreneurs," said Dave Thomas of Canada
IT. "We are pleased with the strong turnout from companies in Information
Technology and Cleantech & Advanced Technology, as well as the strong support
from the Venture Capital community."

    Forum Highlights

    -   Luncheon keynote speaker Helmut Pastrick, Chief Economist for
        Central 1 Credit Union

    -   A closing panel session, where senior venture capitalists will share
        "Growth Strategies and Surviving During Difficult Economic Times"

    -   The Closing Reception and Awards, featuring Small Business,
        Technology and Economic Development Minister Ida Chong

    Event Details

    January 29, 2009, 8 am to 6 pm, Hyatt Regency Vancouver, 655 Burrard
Street, Vancouver, British Columbia

    Media Accreditation

    Media attendees are welcome to attend free of charge, and are encouraged
to contact Dave Thomas by email to or phone
604.603.8630 to schedule media interviews in advance with presenting companies
and organizers.

    To view a profile of Helmut Pastrick, feature companies, and venture
capital firms, visit the backgrounder:

    About the BC Innovation Council

    The British Columbia Innovation Council (BCIC) is the lead organization
charged with advancing innovation and commercialization in British Columbia.
BCIC is focused on accelerating the growth of our science and technology
communities and competitively positioning British Columbia in the global
science and technology economy in order to provide significant employment
opportunities and a high standard of living for British Columbians. BCIC is a
Crown agency of the Province of British Columbia. For more information about
BCIC, visit

    About the Canadian Financing Forum

    The Canadian Financing Forum is the leading showcase for Information
Technology and Cleantech & Advanced Technology venture capital investment in
Canada. It was founded in 1995 as a joint venture between Macdonald &
Associates and, the leading Web gateway to news and information
concerning the Canadian IT industry. For additional details, please visit:

For further information:

For further information: Media Contact: Stephanie Leung, Communications
Coordinator, British Columbia Innovation Council, (604) 602-5249,
1-800-665-7222,; Dave Thomas, General Manager, Canadian
Financing Forum, (604) 603-8630,

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