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  • PricewaterhouseCoopers Study Finds A Positive Outlook For Digital Media Growth

16th June 2009

PricewaterhouseCoopers Study Finds A Positive Outlook For Digital Media Growth

PricewaterhouseCoopersToronto – Over the next five years, digital technologies will become increasingly widespread across all segments of entertainment & media (E&M) as the digital migration continues to expand according to the PricewaterhouseCoopers (PwC) Global Entertainment & Media Outlook 2009 – 2013.

Though the current economic downturn has, without doubt, impacted virtually every sector of the E&M marketplace it has also accelerated and intensified the digital migration among both providers and consumers of content.

*The global E&M market as a whole, including both consumer and advertising spending will grow by 2.7% compound annual growth (CAGR) for the entire forecast period to US$1.6 trillion in 2013.
*Canadian E&M spending projected to grow at a 2.2% CAGR to US$36.7 billion by 2013.
*Video game, internet advertising (wired and mobile) and digital everything to see biggest increases.

“What we are sure about is that this recession will last longer than previous ones due to a steeper downturn and that the impact on advertising will be particularly significant,” says Tracey Jennings, leader of the PwC Canada E&M practice. “E&M is not immune from the decline in consumer spending either – in Canada consumer spending in E&M will fall by a projected 4.9 % in 2009, remaining weak in 2010 and seeing only relatively low growth at 2.2% CAGR by 2013. Overall Canadian advertising spend will actually decrease a total of -0.5% CAGR by 2013 reflecting lower ad spending across traditional segments. Consumer spending, however, will rebound quicker from the recession. In fact, by 2013 consumer spend on E&M is projected to outpace GDP.”
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15th June 2009

Zoompass – A Revolutionary New Mobile Payment Service Launched in Canada

EnStreamTorontoEnStream LP, a mobile commerce joint venture company owned by Bell Mobility, Rogers and TELUS — Canada’s three leading wireless operators, today launched Zoompass™, a breakthrough mobile money transfer and payment service. Zoompass gives Canadians a fast and convenient way to send and receive money securely using their mobile phone. The service is enabled through the Zoompass application on the mobile phone which combines an easy-to-use interface with an integrated contact manager that redefines how users send and receive money. Zoompass is a better way to pay than cash, cheque, or wire transfer.ZoomPass

“The launch of Zoompass represents an important milestone in financial services that makes the mobile phone the central device consumers use to transfer money and make purchases,” said Robin Dua, President of EnStream. “The Zoompass mobile service ushers in a new era in electronic payments that addresses a growing desire to move money quickly and easily between friends, family, and merchants.”

Zoompass makes it easy to split a lunch bill, request money from parents, collect sports team fees, solicit money for a co-worker’s gift, or even pay a babysitter – right from a mobile phone. With the groundbreaking launch of Zoompass, Canadians nationwide can expect to hear more people ask one another “Do you want me to Zoom you the money?”
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8th June 2009

Microsoft Recognizes Innovation Excellence at Dayforce

DayforceTorontoMicrosoft announced today that Dayforce, a leader in workforce performance solutions, was the winner of the 2009 Blue Sky Award for innovation excellence. The award recognizes Dayforce for its market-changing approach to solving significant business problems, as well as for its innovative use of leading technologies. It is awarded by Microsoft Canada Co.

“We are very excited to see Dayforce acknowledged for its innovative workforce performance solution that helps address a critical business need”, said David Ossip, Dayforce’s CEO and founder. “Dayforce’s on-demand solutions for labor planning, scheduling, task management and time and attendance empower front-line managers throughout an organization to help improve corporate performance every day. To make that vision a reality required significant technological innovation.”
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8th June 2009

Applications Now Available for 2010 Canada’s Top 100 Employers Competition

Canada's Top 100TorontoApplications are now available for the 2010 Canada’s Top 100 Employers project. Now in its 10th year, the annual competition recognizes the companies and organizations across Canada that lead their industries in providing exceptional places to work.

The competition is open to all employers – large or small, public-sector or private – that offer innovative programs to attract and keep talented employees. Employers are compared to others in their industry and this year’s winners will be announced in a special issue of Maclean’s magazine on October 6, 2009. The competition is managed by Mediacorp Canada Inc., which publishes detailed reasons for each employer’s selection on its popular job search engine Eluta.ca. Publishing detailed Reasons for Selection is a distinguishing feature of the Canada’s Top 100 Employers project, providing transparency in the selection of winners and guidance to other employers on how they can become better places to work.
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5th June 2009

Intrinsyc Appoints Tracy Rees as President and Chief Executive Officer

IntrinsycVancouver – The Board of Directors of Intrinsyc Software International, Inc., a leading provider of software solutions for mobile devices, today announced that Mr. Tracy Rees was appointed President and Chief Executive Officer of the Company Tracy Reeseffective immediately. Mr. Rees has been serving as interim Chief ExecutiveOfficer since November 2008.

“Tracy has proven himself to be the right person to lead Intrinsyc into the future,” said Mr. Philip Ladouceur, Chairman of the Board of Directors, Intrinsyc. “Since his appointment as interim Chief Executive Officer, Tracy has led the significant improvement in the company’s bottom line performance; dramatically reducing operating expenses, and setting the stage for future growth with new major customer wins, and the development and launch of new product offerings for mobile device development, and navigation and location based services.”
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3rd June 2009

Seeking Canadian Businesses As Research Partners

WSIMansonville – Small and medium sized businesses across all industries and operating within Canada are invited to apply for a research project aimed to help generate higher customer conversion rates, increase revenues and jump-start local economies.

WSI (We Simplify the Internet) is a world leader in Internet marketing with over 1,500 offices in 87 countries. Select WSI offices around the globe are conducting global research on Internet marketing conversion strategies and are currently seeking qualified small and medium sized businesses in Canada to participate in this traffic conversion study.

“Our goal is to help businesses generate more revenue, despite the economic down-turn, while collecting statistical data to get a sense of how we measure up compared to the rest of the province, the country as a whole, and North America in general,” says Kimberly Nichols, owner of the local WSI office in the Eastern Townships of Quebec.
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3rd June 2009

UBC Grads Start an Innovative Data Storage Company

Mosa StoreVancouverMosaStore, founded by Samer Al-Kiswany (PhD, Computer Engineering) and Awaneesh Shatmanyu (MBA, Sauder), is an economical storage system that provides high performance, secure and reliable storage service. It adopts innovative techniques to build an efficient storage system by utilizing the unused disk space from commodity desktop machines and network resources of the enterprise, and in turn, reduces capital and operational IT expenditures.

MosaStore provides an attractive alternative to existing storage solutions in terms of cost and performance. Especially for small and medium-size businesses and post-secondary institutes that, in the midst of electronic data explosion, need to provide a low cost, yet high performance storage system for their applications. The company recently found its first customer. The company will target SMEs throughout North America and will generate more than $2 mn in revenue in the first year.

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2nd June 2009

Allegro Wireless Takes Number Spot In Canadian Profit 100 Awards

Profit 100Toronto – The Profit 100 Awards acknowledge the best in Canadian companies and creates a level playing field between small start ups and well established corporations. Celebrating entrepreneurship and recognizing growth, the award aims to uncover which business skill connects a company with 4 employees to a company with 1,600.

This year’s list contains a high percentage of interactive and new media companies, with the number one spot going to Allegro Wireless, a company which specializes in software and services for rugged handheld devices. PhotoChannel Networks Inc. whose technology allows consumers to upload digital photos for processing by major retailers; clients include Wal-Mart, Costco and Black’s landed in sixth spot, followed immediately by Kaboose Inc., a company recently purchased by Disney Interactive.

The only game development company to make the list was Frima Studios in the number ten spot. Frima has developed online multi-player games for blockbuster children’s films such as Harry Potter, Cars and Happy Feet.  Topping the medical software field at number twelve is Nightingale Informatix Corp. whose software allows patients to communicate with and receive information from their physician electronically.
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2nd June 2009

Bell Fund Bliki Launched To Assist With New Media Funding

Bell FundToronto – The Bell Broadcast and New Media Fund has launched an online information source for ideas about the revenue generating potential of multi-platform digital media projects. The portal, which has received support from Telefilm Canada, is named The Bell Fund’s Bliki – How To Make Money with Multi-Platform Digital Media, provides a very comprehensive collection of articles and resources to assist companies in developing a strategy for success. The Bell Fund, which receives approximately $12 000 000.00 in funding from Bell TV, provides grants to Canadian independent producers, assisting in the development and production of outstanding television content which is complemented and enhanced by innovative interactive content for digital delivery.

Available in both English and French, the bliki is run similar to a wiki, with collaborative editing and database updating but also offers editorial commentary as well as pertinent news. Having invested over $70 000 000.00 in the development and production of over 600 multi-platform projects in the past 11 years, the people behind the Bell Fund have extensive knowledge in regards to the challenges of revenue generation.
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1st June 2009

EA SPORTS Launches New Online Hub for Sports Community Competition and Content

EA SportsBurnabyVia E3EA SPORTS™, a label of Electronic Arts Inc., announced today the relaunch of EASPORTS.COM, a brand new online destination in public beta that features unprecedented levels of digital content, new ways for fans to connect and share, and product enhancements that carry over into some of the most popular EA SPORTS console games. EA SPORTS existing sites, www.easports.com and www.easportsworld.com, are merged into the all new destination, currently available at beta.EASPORTS.COM, creating a single EA SPORTS hub on the Web.

“EASPORTS.COM is a logical extension of the EA SPORTS brand – it creates a truly immersive experience that puts the control in users’ hands, and once you do that, the options are endless,” said Steven Chiang, SVP and Group General Manager for EA SPORTS. “The new EASPORTS.COM will give our fans a gateway to competition and feature more ways in one place to connect with their passion for sports and share content. It will also allow EA SPORTS to push the boundaries of customization and new online features to bring gamers around the world coming back for more.”
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