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Harper Government Stands Behind Western Canadian Business with WINN

Western Innovation (WINN) Initiative Helps Get Innovative Ideas from the Test Bench to Market

CALGARY, ALBERTA -- (Marketwired) -- 06/27/14 -- Minister Rempel today announced support for 27 projects in western Canada under the Western Innovation (WINN) Initiative, a vital component in the Harper Government's commitment to creating jobs, promoting economic growth, and maintaining Canada's competitive advantage in the global marketplace. To this end, Western Economic Diversification Canada (WD) continues to serve western Canadian business and entrepreneurs as a co-investor, convener and champion for the West, supporting the advancement of a healthy economy.

Over its 5-year span WINN will provide up to $100 million in repayable assistance to western small- and medium-sized enterprises (SMEs). Under WINN, SMEs can apply for funding for a variety of tasks that are essential in taking a product from the research and development stage to the market, such as: product testing and technology demonstrations, equipment purchases and installation, regulatory approval, marketing, and intellectual property protection.

Quick Facts

--  By funding over $21 million to help companies bring their cutting edge
    products, processes, technologies and services to market, the Government
    of Canada through WD is making good on its commitment to help innovators
    in western Canada prosper, generating jobs and economic growth in the
    region.

--  Support is being provided through the initial competitive round of WINN
    and will be distributed as follows:
    --  12 projects totaling $8.45 million in British Columbia.
    --  11 projects totaling $6.81 million in Alberta.
    --  1 project totaling $3.50 million in Saskatchewan.
    --  3 projects totaling $2.58 million in Manitoba.

--  Through WINN these projects have leveraged additional private sector
    support of nearly $24 million, more than doubling total project
    contributions.

--  The next WINN intake period is planned for Fall 2014.

Quotes

"I am proud to support programs such as the Western Innovation (WINN) Initiative, which will assist small- and medium-sized enterprises in Western Canada in bringing their ideas into the global marketplace. Through WINN we are filling a funding gap identified by Canadian business, and re-affirming our government's commitment to providing opportunities for jobs and growth."

- The Honourable Michelle Rempel, Minister of State for Western Economic Diversification

ALBERTA

----------------------------------------------------------------------------
Proponent       Description                             WINN Funding Amount
----------------------------------------------------------------------------
Aquila          This project will support the           $190,000
Diagnostic      commercialization of a portable
Systems Inc.    diagnostic platform designed to detect
                blood borne pathogens.
----------------------------------------------------------------------------
BlackBridge     This project will bring to market image-$250,000
Geomatics Corp. based agriculture field monitoring
                technology for the monitoring of
                agricultural lands.
----------------------------------------------------------------------------
Calgary         This project will expand on Calgary     $1,204,785
Scientific Inc. Scientific's ResolutionMD software,
                adding new elements to improve the
                current system. These system upgrades
                will process medical images, notify the
                appropriate physician(s) as soon as the
                images are available, and have them
                accessible for review on a mobile device
                or web browser immediately.
----------------------------------------------------------------------------
M3 Logistics    This project will commercialize a radio-$227,000
Inc.            frequency identification (RFID) tracking
                system for chemical products. This
                technology will support the chemical and
                additives industry through improved
                inventory and supply chain management
                and traceability.
----------------------------------------------------------------------------
Micralyne Inc.  This investment will support in the     $1,191,779
                commercialization of a next generation
                accelerometer, used for seismic
                applications in the oil and gas
                industry.
----------------------------------------------------------------------------
NanoSpeed       This project will support the           $243,640
Diagnostics     commercialization of Test4D across
Inc.            international markets. This point-of-
                care-test measures the levels of 25-
                hydroxyvitamin D in a drop of blood in
                10 minutes, while accurately diagnosing
                deficiencies.
----------------------------------------------------------------------------
Orpyx Medical   This project will develop and           $480,000
Technologies    commercialize a wearable pressure-
Inc.            monitoring product that will enable
                predictive analytics to help athletes
                reduce injury and improve performance.
----------------------------------------------------------------------------
Quantum         This investment will support in the     $514,500
Technical       commercialization of new fireproofing
Services Ltd.   technology for steel commonly used in
                the oil and gas industry.
----------------------------------------------------------------------------
RAM             This project will support the           $227,750
Manufacturing   commercialization of a hybrid
Ltd. & MAK      residential elevator, opening up new
Enterprise Inc. market segments for manufacturing in
                western Canada.
----------------------------------------------------------------------------
Serious Labs    This investment will support in the     $1,080,564
Inc.            development of learning products to
                heavy industry workers across North
                America. This project will develop a
                cutting-edge collaborative learning
                management system and delivery platform
                that will enable employers and employees
                alike to store, track and access, as
                well as share their training
                electronically.
----------------------------------------------------------------------------
Virtual         With this support, Virtual Materials    $1,200,000
Materials Group Group Inc. will expand its capability to
Inc.            provide upstream modeling applications
                that will allow asset owners in the oil
                and gas industry to optimize production
                of their assets under a single platform.
----------------------------------------------------------------------------

BRITISH COLUMBIA

----------------------------------------------------------------------------
Proponent            Description                             WINN Funding
                                                             Amount
----------------------------------------------------------------------------
Appnovation          Through this investment, Appnovation    $1,173,750
Technologies Inc.    Technologies Inc. will commercialize
                     its software allowing organizations to
                     implement unified enterprise systems
                     with new and existing software
                     platforms.
----------------------------------------------------------------------------
Energy Aware         Project funding will be used to         $250,000
Technology Inc.      commercialize Neurio Home Intelligence.
                     Neurio uses artificial intelligence to
                     monitor and act as the brain of the
                     home to help customers better manage
                     their appliances and look after their
                     loved ones.
----------------------------------------------------------------------------
iDUS Controls Ltd.   This investment will help identify and  $90,000
                     develop additional opportunities to
                     commercialize remote sensing and data
                     aggregation technology for soil
                     moisture and environmental growing
                     factors. This will support efficient
                     agriculture by giving farmers access to
                     real-time data related to irrigation
                     and other growing factors.
----------------------------------------------------------------------------
International        This project will help develop, certify $315,500
WaterGuard           and commercialize aircraft water
Industries Inc.      management products including on-demand
                     water heaters and water treatment
                     systems for business jet lavatories and
                     showers.
----------------------------------------------------------------------------
Mazza Innovation     This project will improve the           $125,000
Ltd.                 production of high value extracts from
                     plants by commercializing new
                     extraction processes that eliminate the
                     use of hazardous solvents.
----------------------------------------------------------------------------
Metafor Software     This investment will support the        $472,236
                     development of anomaly-detection
                     technology that will automatically
                     identify and repair problems with
                     Internet data centre operations.
----------------------------------------------------------------------------
Ostara Nutrient      This project will undertake field       $888,676
Recovery             trials to validate the performance of
Technologies Inc.    an innovative slow-release, fertilizer
                     made using an eco-friendly proprietary
                     process. The fertilizer will provide
                     growers with sustainable nutrient
                     solutions by reducing fertilizer
                     application rates while maintaining
                     and/or improving crop yields.
----------------------------------------------------------------------------
Redlen Technologies  This investment will assist in the      $1,643,710
Inc.                 commercial production of Cadmium Zinc
                     Telluride (CZT) radiation detection
                     technology within the medical and
                     security imaging markets. Applications
                     for the radiation detectors include
                     medical imaging such as CT scanners and
                     X-Ray imaging, as well as baggage
                     scanning devices for military or
                     security applications.
----------------------------------------------------------------------------
Solegear Bioplastics This investment will support the        $1,600,000
Inc.                 development and commercialization of a
                     new bio-based and compostable plastic
                     for the rigid consumer packaging
                     market.
----------------------------------------------------------------------------
SWITCH Materials     This investment will support in the     $1,600,000
Inc.                 commercialization of a photo-
                     electrochromic film for volume
                     manufacturing in the eyewear market.
                     Applications for this technology
                     include eyewear, and both automotive
                     and architectural glass.
----------------------------------------------------------------------------
ThinkCX Technologies This investment will assist in the      $100,000
Inc.                 further development and
                     commercialization of a new software
                     product that adds social intelligence
                     solutions to the Customer Relationship
                     Management (CRM) systems of customer
                     care companies.
----------------------------------------------------------------------------
Tutela Technologies  This investment will assist in the      $200,000
Ltd.                 development and commercialization of a
                     wireless network assessment tool that
                     will monitor network quality directly
                     on consumer cell phones. This tool will
                     allow service providers to receive
                     rapid feedback from customers in order
                     to quickly address network issues and
                     support requests.
----------------------------------------------------------------------------

MANITOBA

----------------------------------------------------------------------------
Proponent           Description                             WINN Funding
                                                            Amount
----------------------------------------------------------------------------
C.P. Loewen         This investment will help provide C.P.  $1,330,748
Enterprises Ltd.    Loewen Enterprises Ltd. with product
                    development support for the high end
                    window and door market.
----------------------------------------------------------------------------
Complex Games Inc.  Through this investment, Complex Games  $500,000
                    Inc. will build, test, and launch an
                    innovative multi-player mobile game,
                    which will be available on App stores.
----------------------------------------------------------------------------
Seccuris Inc.       This investment will support the        $750,000
                    commercialization of a cloud-based
                    security platform that delivers a suite
                    of security management services for
                    threat, vulnerability and risk
                    management.
----------------------------------------------------------------------------

SASKATCHEWAN

---------------------------------------------------------------------------
Proponent           Description                            WINN Funding
                                                           Amount
---------------------------------------------------------------------------
Ground Effects      Through this project, Ground Effects   $3,500,000
Environmental       Environmental
Services Inc.       Services Inc. will commercialize
                    Electro Separation Cell technology,
                    which will be used to recover valuable
                    base-oils from spent drilling mud and
                    reduce the volume of spent drilling mud
                    waste.
---------------------------------------------------------------------------

Additional Links

--  WINN: http://www.wd-deo.gc.ca/eng/14857.asp

WD Toll-Free Number: 1-888-338-WEST (9378)

Teletypewriter (TTY): 1-877-303-3388

Website: WD is online at www.wd-deo.gc.ca.

Subscribe to news releases and keep up-to-date on the latest from WD. Follow us on Twitter at @WD_Canada.

The West Means Business.

IF THERE IS A DISCREPANCY BETWEEN ANY PRINTED VERSION AND THE ELECTRONIC VERSION OF THIS NEWS RELEASE, THE ELECTRONIC VERSION WILL PREVAIL.

Contacts:
Emily Goucher
Office of the Minister
Western Economic Diversification
613-668-2903
[email protected]

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