Ottawa/Hong Kong, December 13, 2006 - The participating Canadian high tech companies at ITU Telecom World 2006 achieved significant business success, according to the Canadian Advanced Technology Alliance (CATAAlliance), with several companies signing landmark deals with partners in Asia Pacific that will allow them to expand their reach into the region. Many others elevated their corporate profile and generated significant interest by introducing their innovative products and solutions to the market and paving the way for them to explore new business opportunities in new marketplaces.
"As a private sector host, CATA is extremely excited to see first-hand these accomplishments and how successful Canadian companies have been in expanding their presence in Asia here at ITU Telecom World in Hong Kong," said John Reid, President of CATA. "Just like Canada is a springboard to do business in the Americas, Hong Kong is an excellent gateway to China, the sixth largest ICT market in the world at USD 118 billion, and other markets in the Asia Pacific region. I look forward to seeing continued success in which Canadian companies expand their business partnerships and opportunities, and corporate presence in this part of the world."
The 50 plus member Canadian delegation - the largest number of companies to ever participate at ITU Telecom World - was led by Stewart Beck, Assistant Deputy Minister for Investment, Innovation and Sectors representing Foreign Affairs and International Trade Canada. Many companies showcased their products and through a series of demonstrations that preview how ICT is being applied to areas such as healthcare, security and education at the prestigious industry event.
Dr. Veena Rawat, President of the Communications Research Centre Canada, an Agency of Industry Canada, presided over the renewal of a Memorandum of Understanding (MoU) between Industry Canada and the Commerce, Industry and Technology Bureau of the Government of Hong Kong. The MoU further enhances the close relationship between Canada and Hong Kong in research and development in the areas of wireless technologies, software, broadband networks, security, e-health, e-government, digital entertainment and multimedia.
"The Government of Canada has been instrumental in helping realize the success of Canada's presence at ITU Telecom World and setting the stage for Canadian companies to succeed in the international marketplace," said Mr. Reid. "CATAAlliance understands the significance of Canadian companies contributing to ICT innovation and we will continue to work closely with the Canadian Government to help foster the growth, success and opportunities of organizations doing business not only in our country, but in countries all over the world."
More details on the Canadian company announcements can be found in the accompanying backgrounder.
For more information, please contact:
Jean-Guy Rens, VP, CATAAlliance
Tel: 613 421 5656
Barry Gander, EVP, CATAAlliance
Eddie Chan, Hill and Knowlton
About CATAAlliance: The business of technology
The Canadian Advanced Technology Alliance (CATAAlliance) is the biggest business development association for producers and users of advanced technology. The only organization representing all sectors of the economy, CATA's umbrella of special-interest, municipal, provincial and allied organizations directly reaches 22,000 technology executives and an additional 22,000 technology users. Dedicated to making Canadian organizations world-class makers and adopters of technology, CATA creates strategic partnerships, strengthens communities and networks, and promotes supportive public policy. For more than a quarter of a century CATA has been stimulating growth, driving commercialization and growing the advanced technology export industry for the Canadian economy. More information about CATA can be found on the CATA Web site: http://www.cata.ca