I LOVE REWARDS NAMED WINNER OF CANADA'S TOP 10™ TECHNOLOGY COMPETITION
I Love Rewards was named alongside such companies as Accedian Networks, Inc., Ecobee, DataGardens Inc. and Redknee as the 10 most promising technology companies to Canadian investors and partners
Attention: Assignment Editor, Business/Financial Editor, Media Editor, News Editor, Tech/Telecomm Editor
TORONTO, ONTARIO--(Marketwire - Sept. 30, 2008) - I Love Rewards Inc., a leading web-based reward program provider, has been selected as a Canada's Top 10 Technology companies by the Ottawa Centre for Research and Innovation for the second consecutive year.
"Our technology has been a driving force in our growth in the Canadian and American markets and we are honoured to be recognized for the second time as one of Canada's Top 10 winners," said Razor Suleman, founder and CEO, I Love Rewards Inc. "This award is a testament to the innovative and progressive technological developments Canadian companies bring to the table."
Winners are chosen by an independent expert panel of Canadian and U.S. venture capitalists. Working in partnership with Canadian Consulates in Boston, New York City, San Diego and San Francisco, winning companies will participate in targeted investment forums in each city, providing them with an opportunity to meet with Venture Capital investors who have expressed an active interest in financing these companies. Since its inception in 1999, competition alumni have secured more than $522M in venture capital financing.
"OCRI is pleased to play an active role in the growth of so many exceptional Canadian companies," said Michelle Scarborough, Vice President, Investment and Commercialization, OCRI. "Through our ongoing outreach to the rest of Canada, the best companies from three key innovation sectors can continue to benefit from exposure to VC's, other investors and potential strategic partners."
Canada's Top 10 is organized by OCRI (Ottawa Centre for Research and Innovation) and presented by Borden Ladner Gervais LLP, the winners include a wide variety of companies from the life science, cleantech and technology sectors.
I Love Rewards (www.iloverewards.com) develops innovative web-based reward solutions for small and medium- sized businesses and Fortune 1000 companies including Bell Sympatico, Sage Software and Rogers Communications. I Love Rewards ranked #12 on the PROFIT 100 list of Canada's Fastest-Growing Companies of 2007 and is one of Canada's Top 100 Employers for 2007 and 2008. CEO Razor Suleman is the recipient of the 2007 Young Entrepreneur Award for Ontario by The Business Development Bank of Canada (BDC).
IN: MEDIA, TECHNOLOGY, TRADE, OTHER
For more information, please contact
Christina Weber, PR CoordinatorPrimary Phone: 416-531-1531 ext. 299
E-mail: christina.weber@iloverewards.com
