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2012 Technology Impact Award Winners Announced

BC Companies and Individuals Making Their Mark Globally

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/15/12 -- Local entrepreneur Ryan Holmes and high-definition surveillance technology company Avigilon Corporation (TSX: AVO) received top honours as Person of the Year and Company of the Year respectively at the 2012 Technology Impact Awards (TIAs) hosted by the BC Technology Industry Association (BCTIA).

Holmes is a widely-respected thought leader who has redefined how people use social media - bringing Twitter, Facebook and other social networks out of the dorm room and into the boardroom. His company, Hootsuite Media (http://www.hootsuite.com) is used by 79 of the world's Fortune 100 companies to manage their social media, and is projected to grow to 6 million users by the end of 2012.

Founded by President and CEO Alexander Fernandes, Avigilon (http://www.avigilon.com) is one of the fastest-growing technology companies in Canada and is recognized for its continued product and market leadership in high-definition video surveillance systems. Founded in 2003, the company has over 180 employees globally and in 2011 had a successful IPO on the Toronto Stock Exchange.

"With their companies, Ryan Holmes and Alexander Fernandes exemplify the kind of world-leading talent that we are creating here in BC," stated BCTIA President and CEO Bill Tam.

"Both Holmes and Fernandes are serial entrepreneurs who are building products and organizations that are widely regarded as best-in-class. Both of these individuals and their companies serve as great models for other entrepreneurs in BC's technology community," Tam added.

Other 2012 Technology Impact Award winners include:

Adoption of Technology: Webtech Wireless and Troyer Ventures

Safer Drivers and More Efficient Trucking in Northeast BC - Fort St. John-based oilfield supplier Troyer Ventures and Burnaby-based Webtech Wireless were recognized for deployment of Webtech's telematics and in-cab communications solution across Troyers fleet of over 100 heavy trucks in Northeastern BC and Alberta. The Webtech solution has allowed Troyer to double revenues without adding administrative staff. http://www.webtechwireless.comhttp://www.troyer.ca

Community Engagement: ParetoLogic

Developing Stronger Ties to each other and their Community - A Victoria-based provider of security and utility software for the home PC user, ParetoLogic has donated thousands of dollars, hundreds of pounds of food, liters of blood, and many hours of time and care to community events and charities in the greater Victoria region. ParetoLogic claims that through these activities, the company has developed stronger ties to one another and to the community. Individuals are able to effect real change in their community, which has an ongoing and remarkable effect within the company and outside it. http://www.paretologic.com

Emerging Company of the Year: Tasktop Technologies

Redefining Software Development - The creators of the open source Eclipse Mylyn project, Tasktop Technologies is a global leader in Application Lifecycle Management (ALM) Automation solutions.

An innovator and a leader, Tasktop is often recognized for its role in changing software development globally. Using Tasktop's task-focused interfaces, developers have been proven to be more productive . On pace to triple their corporate revenue and grow their employee base by 67 percent in 2012; and have grown an impressive list of partners including CA, HP and IBM. http://www.tasktop.com

Excellence in Product Innovation: Recon Instruments

Heads-up Display for Sports Enthusiasts - With its MOD Live product, Recon Instruments has created a new product category for sports enthusiasts, beginning with skiers and snowboarders. A modular optics and sensor system, the Recon product snap-fits into Recon Ready goggles from leading brands. The MOD Live's HUD utilizes advanced mirror and prism technology to augment images and simulate a 15-inch screen as seen from 6 feet. http://www.reconinstruments.com

Most Promising Pre-Commercial Technology: Lungpacer Medical Inc.

Helping Ventilator-Dependent Patients Breathe - The most expensive hospital in-patients are intensive care unit (ICU) patients who have become ventilator-dependent. To combat the weaning issues of critically ill patients, Lungpacer Medical developed the Lungpacer IntraVenous Electrode (LIVE) lead that deploys near the phrenic nerves that control the diaphragm. For the health care industry, savings from the Lungpacer system can be tremendous; recovering the capital cost of one Control Unit in just 5 patient-days of saved ICU time. http://lungpacer.com

Most Promising Start-up: Kashoo

Online Accounting Software for SME's - Kashoo is designed as the first online accounting software aimed to help small businesses organize and manage their finances. Sold as a monthly subscription, the system includes iPad and iPhone apps, the ability to share the account with an accountant or business partner/advisor, multi-currency support, and more for just $9.99 per month. Over the last 18 months, the Kashoo community has grown to over 30,000 signups and over 5,000 paying customers. http://www.kashoo.com

Team of the Year: CounterPath

Changing the Way the World Communicates - While 2011 was a fruitful and busy year for CounterPath, the team that delivered the CounterPath-enabled Rogers One Number service was particularly busy. Comprised of a cross-functional team from its Vancouver and Victoria offices that included 17 development and QA engineers, and 5 sales and marketing team members, over 12 months the team worked closely with several other industry players including HP, Ericsson, BroadSoft and Converse to integrate their technologies for Rogers. http://www.counterpath.com

Celebrating British Columbia's top technologies, companies and individuals were nearly 800 people from BC's technology and business community. The award gala was held at the state-of-art Vancouver Convention Centre West Building.

"Tonight's winners and finalists reaffirm the diversity of BC's technology sector, delivering cross-cutting innovations that touch all sectors of the economy," said Bill Tam, President and CEO of BCTIA. "We congratulate all winners and finalists for their ingenuity, adaptability and particularly their resilience in a challenging economic climate - they help to put the spotlight on BC by making their mark on the world."

For more information on the awards, the finalists and the winners, please visit: www.thetias.com

Backgrounder

About the BCTIA

The BC Technology Industry Association (BCTIA) is an industry-funded organization committed to growing British Columbia's technology industry. As the Voice for Technology, our membership spans across the province and includes technology and professional services companies of all sizes and from every sector.

Our programs and services connect people, generate new ideas, and help companies grow. These include the Technology Impact Awards (TIAs), where excellence in innovation is celebrated, Peer2Peer groups, where members connect to learn, and Centre4Growth, where tech entrepreneurs connect with seasoned coaches to help guide them to the next level. www.bctia.org

Avigilon Corporation (TSX:AVO)

Avigilon (TSX:AVO) is defining the future of protection through innovative high-definition surveillance solutions. Delivering the world's best image quality, our industry-leading HD network video management software and megapixel cameras are reinventing surveillance. www.avigilon.com

CounterPath (TSX VENTURE:CCV) (OTCBB:CPAH)

CounterPath's SIP-based VoIP softphones are changing the face of telecommunications. An industry and user favorite, Bria softphones for desktop and mobile devices, together with the company's server applications and Fixed Mobile Convergence (FMC) solutions, enable service providers, OEMs and enterprises large and small around the globe to offer a seamless and unified communications experience across both fixed and mobile networks. Standards-based, cost-effective and reliable, CounterPath's award-winning solutions power the voice and video calling, messaging, and presence offerings of customers such as Alcatel-Lucent, AT&T, Verizon, BT, Mobilkom Austria, Rogers, Avaya, BroadSoft, Cisco Systems, GENBAND, Metaswitch Networks, Mitel and NEC. www.counterpath.com

HootSuite

HootSuite is a social media management system for businesses and organizations to collaboratively execute campaigns across multiple social networks from one secure, web-based dashboard. Launch marketing campaigns, identify and grow audience, and distribute targeted messages using HootSuite's unique social media dashboard. Streamline team workflow with scheduling and assignment tools and reach audiences with geo-targeting functionality. Invite multiple collaborators to manage social profiles securely, plus provide custom reports using the comprehensive social analytics tools for measurement. Key social network integrations include Facebook, Twitter, LinkedIn, and Google+ Pages, plus a suite of social content apps for YouTube, Flickr, Tumblr and more. http://www.hootsuite.com

Kashoo

Kashoo is simple, flexible, online accounting software for small business owners that lets them focus on what they do best - building their business. The product allows the small business owner to tackle accounting and bookkeeping tasks such as invoice management, expense tracking, revenue tracking, report generation; bank sync and reconciliation, and more - quickly, easily and in real-time. And in addition to web access, the small business owner can access his/her books via the Kashoo iPad app. Founded in 2008, Kashoo is located in Vancouver, Canada. www.kashoo.com

LungPacer Medical Inc.

Lungpacer Medical Inc. is an early-stage medical device company founded in May 2009 and currently headquartered at the Simon Fraser University Campus in Burnaby, British Columbia. The objective of the company is to develop and commercialize a novel therapeutic solution that addresses the significant health and cost issues associated with mechanical ventilation of critically ill patients.

Intravenously inserted Lungpacer(TM) electrodes rhythmically activate the diaphragm. In critically ill patients who may fail to wean and become ventilator-dependent, pacing is expected to prevent diaphragm muscle-disuse atrophy and reduce the risk of ventilator-induced lung injury, ventilator-associated pneumonia and secondary infections, resulting in faster patient recovery, a shorter stay in intensive care, improved health outcomes and lower hospitalization costs. Faster weaning will also increase other patients' access to scarce mechanical ventilators, particularly during major emergencies such as flu pandemics. www.lungpacer.com

ParetoLogic

Built on the idea that computer safety and speed should not be the exclusive domain of the tech-savvy, ParetoLogic creates a wide-range of easy-to-use security and utility programs for the home PC user. By combining sophisticated technology with a user-friendly interface, ParetoLogic empowers all people, regardless of age, ability, or computing experience, to secure and optimize their own computers.

Downloaded in over 196 countries, installed on millions of PCs, and solving countless computer problems, ParetoLogic is committed to providing truly world-class software. By engaging with users and guaranteeing exceptional service, ParetoLogic continues to exceed expectations. http://www.paretologic.com

Recon Instruments

Recon Instruments strives to innovate and lead direct-to-eye communications in any fast-paced environment, such as action sports. A multi-patent and patent-pending technology platform integrates Micro Optics Display systems with state-of-the-art sensor and GPS technology, providing easy access to navigation, communication, and performance-based information. With offices in Vancouver and London, and boundless testing grounds on Whistler and beyond, Recon Instruments is dedicated to advancing the performance, participation and ethos of sport. Trust your instruments. www.reconinstruments.com

TaskTop Technologies

Tasktop Technologies is the industry's leading provider of Application Lifecycle Management (ALM) Automation and integration software. Thousands of IT organizations depend on Tasktop's commercial and open source solutions to connect developers, testers, business analysts and project managers who use a wide variety of Agile and ALM tools hosted both on premise and in the cloud.

By automating and connecting the software lifecycle, Tasktop is solving one of the biggest challenge facing large-scale software delivery organizations - the complete disconnect and brittle integrations of ALM tools. Its Task Federation(TM) technology delivers on the promise of a unified ALM stack through a partner ecosystem that integrates more than 70 disparate ALM tools with real-time connectivity and cross-repository workflow support.

Tasktop created and leads the Eclipse Mylyn project, with more than 2 million downloads per month, upon which its commercial Tasktop Sync ALM middleware and Tasktop Dev IDE tools are built. All Tasktop tools are built to enable organizations to gain a competitive advantage in today's software-driven economy by providing the ALM Automation(TM) needed to gain visibility, predictability and productivity across the software development lifecycle. http://tasktop.com

Webtech Wireless (TSX:WEW)

Webtech Wireless Inc. is a provider of vehicle fleet location-based services (LBS) and telematics technology. It develops, manufactures and supports end-to-end wireless solutions that improve the productivity, profitability, environmental compliance and safety of vehicle fleets. Its comprehensive suite of products and services include: automatic vehicle location (AVL), mapping, vehicle diagnostics, CO2 reporting, navigation, messaging, and mobile resource management. The Company serves customers of all sizes in the transport, government, service, insurance and OEM markets in over forty-one countries, including Fortune 500 companies. Specialized products include: Quadrant® commercial fleet solutions, InterFleet® solutions for government, and NextBus® real-time passenger information services for transit fleets. http://www.webtechwireless.com

Contacts:
BCTIA
Cindy Pearson
COO
604-602-5234
cpearson@bctia.org
www.bctia.org

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