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First Edition of the Tremblant Venture Forum: an Inspirational Success

Posted May 26, 2009

Montréal, Quebec, May 25, 2009 – The first edition of the Tremblant
Venture Forum, held on May 13 and 14, 2009 at the Fairmont Tremblant
Hotel, was highly successful. Eastern Canada’s premier company
financing event provided a forum for leading North American venture
capitalists representing a total of over C$10 billion, including BDC
Venture Capital, Desjardins Venture Capital, Solidarity Fund QFL, 
Arcapita Ventures, Internet Capital Group, Entrepia Ventures, Emerald
Technology Ventures, J.L. Allbright Ventures and BlackBerry Partners
Fund, to assess investment opportunities in the most promising
Canadian early-stage innovative technology companies. For the event, 
16 entrepreneurs from the Information and Communication Technology
(ICT) sector and the Clean Technology (Cleantech) sector presented
their business plans to secure C$2 million to C$15 million of
financing for their development and marketing operations. Three of
them won a $5,000 award presented by Samson Bélair/Deloitte & Touche, 
the platinum sponsor of the event.


Experienced speakers and high-quality projects guarantee success

“In today’s uncertain economic climate, we must rely on innovation
and know-how. The timing was therefore right for our event, which
achieved its objective of setting the stage for financing
opportunities” stated Claude Lemay, Chairman of the Tremblant
Venture Forum 2009. “We were really privileged for this first
edition. Investors were impressed with the quality of the investment
projects, and by the experience and diversity of our speakers, 
moderators and panelists. Participants’ enthusiastic response
reinforces our decision to hold the event again in 2010.” Renowned
guest speakers completed the picture: Jean-François Barsoum, Managing
Consultant and Innovation Catalyst, Green Technologies, IBM Canada; 
John S. Quealy, Managing Director, Equity Research Sector Head, 
Sustainability, Canaccord Adams, as well as explorer and motivational
speaker Bernard Voyer.


Award-winning promising and innovative projects

The three award-winning entrepreneurs were: Hassan Chaddad, President
and CEO of Green Vision Media (Best company in the ICT sector for its
suite of mobile applications integrated into hotel rooms); Élise
Villeneuve, COO of Bio-Terre Systems Inc. (Best company in the
Cleantech sector for its technology to transform waste into energy); 
and Jeremy James, President and CEO of Frontline Robotics Inc. 
(Special jury award for its robotic engine allowing unmanned ground
vehicle fleets to execute self-directing security applications).

 

Tremblant Venture Forum 2009 was made possible by its partners: Banff
Venture Forum, the Centre de recherche informatique de Montréal
(CRIM), the Canada’s Venture Capital & Private Equity Association
(CVCA), Réseau Capital (Quebec Venture Capital Association), Ottawa
Centre for Research and Innovation (OCRI) and Communitech (Waterloo).


2010 edition

The second edition of the Tremblant Venture Forum has already been
announced for next year, and will be held on May 5 and 6, 2010 at the
Fairmont Tremblant Hotel. More than twice as many companies are
expected to present their business plans.


About the Tremblant Venture Forum 2009

The Tremblant Venture Forum is Eastern Canada’s premier company
financing event. It is organized by the Information Technology
Association of Canada (ITAC). It brings together leading North
American venture capitalists, over 15 of the most promising Canadian
early-stage and growth-stage companies in the Information and
Communication Technology and Clean Technology sectors, 
prominent investment professionals, CEOs and entrepreneurs. The
Tremblant Venture Forum was held on May 13 and 14, 2009 at the
Fairmont Tremblant Hotel. To learn more about the event, please visit
www.tremblantventureforum.com


About ITAC

The Information Technology Association of Canada (ITAC) is the voice
of the Canadian information and communications technologies (ICT) 
industry. ITAC represents a diverse ICT community spanning
telecommunications and internet services, ICT consulting services, 
hardware, microelectronics, software and electronic content. ITAC’s
community of companies accounts for more than 70 per cent of the
572,000 jobs, $140.5 billion in revenue, $6.0 billion in R&D
investment, $31.4 billion in exports and $11.4 billion in capital
expenditures that the ICT industry contributes annually to the
Canadian economy. ITAC is a prominent advocate for the expansion of
Canada’s innovative capacity and for stronger productivity across all
sectors through the strategic use of technology. www.itac.ca