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Canadian Financing Forum Names Award Winning Companies

January 29, 2010 - Vancouver, BC: Winners from the 13th 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 30 technology companies competing for attention from over 70 top tier investors from across Canada and the United States.

"Every year we have close to 80 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:

Forum Favourite Award for Best Company - Cleantech & Advanced Technology:
NxtGen Emission Controls (see http://www.nxtgen.com/)

Forum Favourite Award for Best Company - Information Technology:
Hatsize Corp (see http://www.hatsize.com

Best Early Stage Company - Cleantech & Advanced Technology
Etalim Inc. (see http://www.etalim.com/)

Best Early Stage Company - Information Technology
Advanced E-Commerce Research Systems (see http://www.researchadvanced.com/)

Best 'First Look Room' Company
Mingleverse (see http://mingleverse.com/)

"This audience represented many billions of investment capital and the market is much more active than last year," 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 $60 million in new financing. We look forward to seeing their progress when we see them again at our next event in
2011."

*About the Canadian Financing Forum*

The Canadian Financing Forum is the leading showcase for venture capital investment in Canadian companies focused on information technology, 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 tech industry. For additional details, please visit: http://www.FinancingForum.com

For more information, contact:

Dave Thomas, General Manager
Canadian Financing Forum
dthomas@rocketbuilders.com

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