Waterloo Tech News

Your definitive source for technology news in the region of Waterloo, Ontario, Canada.

Waterloo students exhibit inventive projects in nanotechnology, electrical/computer engineering

Exchange Magazine - Senior students in two University of Waterloo engineering programs, including the first graduating class in nanotechnology, will display inventive design projects next week.

The Science of Galaxy Zoo - Perimeter Institute Public Lecture on April 7

Canada News Wire - Since its launch in 2007, the 'Galaxy Zoo' website has become the largest astronomical collaboration in history, involving over a hundred thousand volunteers in classifying galaxies.

ARISE Technologies Announces Fourth Quarter and Year End Conference Call and Provides Business Update

CNW Group - ARISE Technologies Corporation, which is dedicated to becoming a leader in high-performance, high quality, cost-effective solar technology, will release its 2009 fourth-quarter financial results after 7:00 a.m. (Eastern) on Thursday March 25, 2010.

Sandvine Secures Funding Towards Innovative Research and Development Activities

Exchange Magazine - Sandvine, a leading provider of intelligent broadband network solutions for cable, DSL, FTTx, fixed wireless and mobile operators, announced that it has entered into an agreement with the Province of Ontario in respect of certain innovative research and development activities.

Biorem Claims CDN$1.7 Million Of Orders

Trading Markets - Biorem Inc. said it has received two orders for large scale odor control systems for a total value of CDN $1.7 million, increasing the value of year-to-date orders to CDN$3.3 million.

Flaherty not flinching as loonie nears parity

Financial Post - The era of fearing Canada's high-flying loonie might finally be passed. Trading near US98.6¢, the dollar is now the closest it's been to one-on-one status with the U.S. greenback since July 2008. And Jim Flaherty, Canada's finance minister isn't flinching.

Sandvine lands big funding commitment from Ontario government

The Record - Sandvine Corp. is receiving a five-year research and development funding commitment from the Ontario government that is worth up to $25.5 million.

Wilfrid Laurier U Expands Use of Desire2Learn

Campus Technology - Wilfrid Laurier University in Waterloo, Ontario just signed a five-year agreement to implement the Desire2Learn Learning Environment across the entire university, starting Aug. 1. The university, which already uses Desire2Learn's learning management system in some of its programs, is broadening use to replace the Blackboard-owned WebCT.

COM DEV Wins Work on Multiple Satellites

CNW Group - COM DEV International Ltd., a leading manufacturer of space hardware subsystems, today announced that it has been selected by EADS Astrium to provide passive microwave equipment for a series of four commercial communications satellites.

Tannery becoming a living community

The Record - In a room adorned with plush, pint-sized playthings, Sasha Carreiro’s dream is blooming.

Brothers on board to help not-for-profits thrive

The Record - She’s Cathy Brothers, the first executive director in residence of Capacity Waterloo Region, a new group designed to help not-for-profit groups become stronger by building bridges between this sector and the corporate world.

Over 96% of Shares Tendered to Descartes Pursuant to Offer to Acquire Porthus

MarketWatch - The Descartes Systems Group Inc., a federated global logistics network, announced that its wholly-owned subsidiary Dexxcartes bvba ("Dexxcartes") will acquire 96.17% of the outstanding shares of Zemblaz NV as a consequence of a voluntary and conditional takeover offer.

UMB to use RDM for Remote Deposit Capture (RDC)

CNW Group - RDM Corporation, a leading developer of specialized software and hardware products for electronic payment processing, announced today that it has signed a multi-year agreement with UMB Financial Corporation. UMB will utilize RDM's suite of Remote Deposit Capture products to provide its customers with the RDC product solutions they require. Ranked among the top 100 US banks by assets, UMB Financial was recently named the best bank in the continental United States (second-best bank in the nation) by Forbes in a study in conjunction with SNL Financial(1).

Canada seeing 'failure' on digital strategy

CBC News - U.S. policy makers are set to unveil an ambitious new broadband plan on Tuesday but Canada is seeing a "failure of imagination," says the head of the country's most influential technology school.

COM DEV Wins Commercial Contract

CNW Group - COM DEV International Ltd., a leading manufacturer of space hardware subsystems, today announced that it has been awarded an authorization to proceed (ATP) to provide switches, filters and multiplexers for a commercial communications satellite. The ATP, valued at US$1.2 million, is expected to lead to a full contract valued in excess of US$8 million. The Company expects to complete work on the contract within the first half of calendar 2011 at its facility in Cambridge, Ontario.

BIOREM receives C$1.7 million in new orders

CNW Group - BIOREM Inc. today announced that it has received two orders for large scale odor control systems for a total value of C$1.7 million, increasing the value of year-to-date orders to C$3.3 million. The orders are for an industrial odor control system in Canada and a XLD based biofilter system in Asia.

Communitech Opens New Office in Cambridge, Ontario

Exchange Magazine - Communitech, Waterloo Region's tech organization representing more than 700 companies, announced yesterday that it has opened an office to service the growing needs of Cambridge, Guelph and area.

Cow tweet it is: Now the cows are on Twitter

Billionaires club includes two current and one former Research in Motion executive

IT World Canada - Research in Motion Inc.'s co-chief executive officers, plus co-founder Douglas Fregin, made Forbes magazine's billionaire's list.

COM DEV Announces First Quarter Fiscal 2010 Results

CNW Group - COM DEV International Ltd. (TSX:CDV) today announced first quarter financial results for the three month period ended January 31, 2010. All amounts are stated in Canadian dollars unless otherwise noted.

Laurier to implement new learning management system with Desire2Learn

Exchange Magazine - As one of the cornerstones of Laurier’s ICT renewal plan, the university is implementing a new learning management system to support teaching and learning. Effective August 1, 2010, Laurier will begin a five-year contract with local company Desire2Learn (D2L).

Sandvine and PeerApp Deploy in Five Networks

MarketWatch - Sandvine, a leading provider of intelligent broadband network solutions for cable, DSL, FTTx, fixed wireless and mobile operators, today announced the successful deployment of content caching solutions in five service provider networks across the globe. The customers were won in previous quarters together with PeerApp as part of a technology partnership that began in 2008.

CTT moves into new King Street digs

570 News - Canada's Technology Triangle has expanded. They've completed a move to Kitchener into a much bigger office space.

Descartes Systems posts lower Q4 profit

Reuters - Canada's Descartes Systems Group Inc (DSG.TO) (DSGX.O), which provides logistics management software and services, posted a lower quarterly profit, mainly hurt by higher expenses.

Canadian Solar Announces the 'Win with Canadian Solar Contest'

PR Newswire - Canadian Solar Inc. ("the Company," "Canadian Solar" or "we") (Nasdaq: CSIQ) one of the world's largest solar companies, today announced the "Win With Canadian Solar Contest" launch in SolarPro magazine, the technical publication for solar industry professionals.

Raytheon seeking federal funds for “made in Canada” technology

The Record - Raytheon Canada has developed “made in Canada” transmitter technology that will help sell more of its high-frequency surface wave radar systems around the world.

Ulysse Nardin uses Maple to Lengthen the Running Time of New Watches

Design World - Ulysse Nardin, a Swiss watch manufacturer, is a pioneer in the innovative use of new technologies and materials in wristwatches. This company introduced the first silicon-diamond composite barrel spring in a wristwatch and continues to produce sophisticated new watches based on cutting-edge designs. Maple, the symbolic and mathematical calculation software from Maplesoft, is a tool in the research process at Ulysse Nardin.

ARISE Technologies Issues Notice of Additional $250,000 Drawdown

CNW Group - ARISE Technologies Corporation (TSX: APV and Frankfurt: A3T), which is dedicated to becoming a leader in high-performance, high-quality, cost-effective solar technology, today announced that the Company has issued a drawdown notice in the amount of $250,000 under its previously announced Committed Equity Facility Agreement with Haverstock Master Fund ("Haverstock"). Closing of the drawdown is scheduled to be completed on or about March 17, 2010.

Canada's Technology Triangle Inc Travels to California to Further Attract ICT Investment to Waterloo Region

Exchange Magazine - As a member of the Ontario Technology Corridor (OTC) Canada’s Technology Triangle Inc (CTT) will be traveling to Los Angeles (March 8-9) and San Francisco (March 10-12), California to promote Ontario, and specifically Waterloo Region, as the ideal place to establish digital media operations in North America. Included among the reasons are the extensive talent pool, strong and stable economy and the variety of investment incentives.

International deal struck in race to build quantum computer

The Record - They work in a strange universe where things can be in two places at once. But for one morning, at least, some of the world’s most curious minds were all in the same room.

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