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Vecima Named Finalist in 2007 BCTIA Technology Impact Awards
Vecima Named Finalist in 2007 BCTIA Technology Impact Awards.
About this update from Vecima Networks Inc.
[{"type":"text","content":"\n\n\n\nVICTORIA, BC, May 22 /CNW/ - Vecima Networks Inc. (TSX:VCM) has been\nnamed a finalist in the British Columbia Technology Industry Association's\n(BCTIA) 2007 Technology Impact Awards (TIAs) in the Company of the Year\ncategory. Reserved for BC headquartered corporations older than 5 years with\nannual sales in excess of $20 million, the BCTIA describes the Company of the\nYear Award as an acknowledgement to a company's supremacy in the technology\nindustry.\n\n\nSince its Initial Public Offering onto the Toronto Stock Exchange in\nNovember 2005, Vecima continues to receive increased recognition for its\nindustry leading last mile hardware products, revenue and personnel growth,\nand long-standing culture of efficiency and profitability. Vecima is one of\nBC's largest exporters and one of the top 20 publicly traded technology\ncompanies in the province, with a market capitalization currently in excess of\n$220 million. Founded by Dr. Surinder Kumar in 1988, the company has more than\n750 team members and has enjoyed 19 consecutive years of profitability.\n\n\n"It is an honor for Vecima to be recognized among such leading companies\nwho contribute so vitally to the continued economic success of our industry\nand the province of British Columbia," said Dr. Kumar, Vecima's Chief\nExecutive Officer and Chairman. "Our success is a result of the great talent\nand dedication of all our employees. Our team of over 750 personnel is second\nto none."\n\n\nThis year's TIAs Finalists provide overwhelming proof of the important\nrole that British Columbian innovation plays in our traditional industry\nsectors and in our everyday lives, said the BCTIA in a statement.\n\n\nThe majority of the 16 finalist companies, across six award categories,\nconcentrate on augmenting operations in industries involved in real estate,\nmilitary, security and public safety, health care, environmental management,\nmining, and energy.\n\n\nThis year's finalists deliver technologies to manage water quality for\npublic and environmental health; provide solar powered lighting for safety\napplications; create efficiencies in industries like mining and real estate;\nand improve complex tasks such as clearing mines in Afghanistan using 3D\nvisualization software. Finalists also include BC-based innovation that is\ncreating mobile IT environ...