Press Release
September, 2007
For Immediate Release
TSX Group executive says up to eight Ottawa
tech IPOs ready to go
Don’t AIM Low or become a NASDAQ orphan – advice from the front lines of high tech capital formation online now at OCRIRadio.com
Ottawa, September 28, 2007 – Interviewed by OCRIRadio.com at this week’s Ottawa Venture and Technology Summit, the TSX Group’s Raymond King indicates the local tech sector’s drought of Initial Public Offerings (IPOs) may be over with “up to eight technology IPOs in the next six months.” King, who is the Senior Manager, Global Industrials with the TSX Group, leads a series of nine interviews in a two-part OCRIRadio.com podcast series on Ottawa tech investment and capital formation. Six of those interviews are available today at www.ocriradio.com:
Raymond King, Senior Manager, Global Industrials, discusses Ottawa’s IPO resurgence and the advantages of TSE and TSX Venture Exchange listings over AIM and NASDAQ listings.
Vinit Nijhawan, Partner, Key Venture Partners, discusses tech Ottawa’s prospects from the perspective of a Boston-based venture capitalist and former Ottawa tech CEO.
Stephen Hurwitz, Partner of Boston-based Choate, Hall & Stuart, explains that based on Canada’s GDP our tech industry is receiving half of its potential North American VC investment because of a “living nightmare” of red tape for U.S. VCs.
Rainer Paduch, Manager, Angel of the Ottawa Angel Alliance, explains how Ottawa’s engineering-oriented “Web 3.0” companies are poised to take advantage of new demands for bandwidth and networking caused by social networking sites like YouTube and Facebook.
Robin Axon, Partner, Ventures West, talks about the role of Barcamps and Democamps in bringing up the next generation of tech entrepreneurs.
Michelle Scarborough, Director, Investment and Commercialization, OCRI, discusses how OCRI’s role in nurturing Ottawa tech companies is becoming more proactive to encourage faster growth and a better success rate.
OCRIRadio.com is hosted by Jeffrey Dale, President and CEO, OCRI, and Nathan Rudyk, President of market2world communications inc. The podcast is produced by market2world. Past guests on OCRIRadio.com include Microsoft CEO Steve Ballmer, Andrew Waitman, Managing Partner, Celtic House Venture Partners and Rod Bryden, CEO, Plasco Energy Group.
About market2world communications inc.
market2world is a leading Web 2.0 product launch and social media agency, where markets are conversations – dynamic global conversations occurring every minute of every day inside and outside organizations. market2world puts Web 2.0 tools like blogs, podcasts, wikis, and webcasts to work so companies and institutions can tap in, participate, and grow business with social media. For more information visit www.market2world.com.
About OCRI
OCRI (Ottawa Centre for Research and Innovation), the city's economic development corporation, is leading the way for Ottawa. OCRI is the rallying point to bring business, education and research together to create the winning economic conditions that allow Ottawa's technology companies to thrive locally and compete globally. At OCRI we promote sustainable economic development to maintain our high quality of life. For more information on OCRI visit our website at www.ocri.ca and for more information on the Ottawa Region please visit www.ottawaregion.com.
For media inquiries, please contact:
Tiffany Pitter-Lawrence
Manager, External Communications
Email: tiffanyl@ocri.ca
Phone: 1 613 828-6274 x 256
Cell: 1 613 851-0768
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Jennifer Noxon
Conversation Architect
market2world communications inc.
www.market2world.com
Email: jennifer@market2world.com
Tel: 613.256.3939
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