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Canadian Financing Forum Names Award Winning Companies

November 16, 2005 - Vancouver, BC: Winners from the 9th annual Canadian Financing Forum, which took place in Vancouver this week, were formally announced today. The Financing Forum features presentations from the best and most promising private technology companies in Canada, with 38 technology companies competing for attention from over 80 top tier investors from across Canada and the United States.

"Every year we have close to 100 companies wanting to present so the companies have to be high quality to even get on stage," says Dave Thomas of CanadaIT. "Demand is high to present, since the companies know participation at the Forum brings results, both in terms of money and as importantly, market exposure to the investment community."

Each of the carefully selected entrepreneurs had 15 minutes to pitch their company and product to the delegates. As in previous years, the show selected winners based on feedback from the attendees and a panel of judges within the following categories outlined below. This year's winners were as follows:

. Best Exhibitor - Cleantech & Advanced Technology: Angstrom Power Inc. (see http://www.angstrompower.com)

. Best Exhibitor - Biotechnology: GrowSafe Systems Ltd. (see http://www.growsafe.com)

. Best Exhibitor - Information Technology: How2Share Technologies Inc. (see http://www.h2st.com)

. Forum Favourite Awards for Best Company - Cleantech & Advanced Technology: Angstrom Power Inc. (see http://www.angstrompower.com)

. Forum Favourite Awards for Best Company - Biotechnology: Advanced Molecular Imaging (AMI) Inc. (see http://www.advanced-mi.com)

. Forum Favourite Awards for Best Company - Information Technology: TenDigits Software Inc. (see http://www.tendigits.com)

"This audience represented many billions of investment capital," says Kathy Standeven of CanadaIT, the event organizer. "It may not be a cash prize, but these Financing Forum awards are gold to companies prospecting for investment dollars in a competitive investment market.

Awards winners in previous years raised as much as $30 million in new financing. We look forward to seeing their progress when we see them again at our next event in 2006."
The event closed today in a day that featured a keynote address by Dan'l Lewin, Corporate Vice-President, .NET Business Development for Microsoft Corporation.

*About the Canadian Financing Forum*

The Canadian Financing Forum is the leading showcase for venture capital investment in Canadian companies focused on information technology, biotechnology and cleantech & advanced technology. It was founded in 1995 as a joint venture between Macdonald & Associates and CanadaIT.com, the leading Web gateway to news and information concerning the Canadian IT industry.

For additional details, please visit: http://www.FinancingForum.com
For more information, contact:
Geoffrey Hansen, Event Media Coordinator
Canadian Financing Forum
866-824-8785
gchansen@rocketbuilders.com

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