FedDev Ontario Supports Innovative Lifesciences Company and AC Grad Nicoya

Over $2.5 million to help nanotechnology company scale up operations and create 29 highly-skilled jobs

May 3, 2019 — Kitchener, Ontario

Today, Raj Saini, Member of Parliament for Kitchener Centre, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for FedDev Ontario, announced a contribution of $2.57 million for Nicoya to scale up operations and accelerate growth into new markets.

Nicoya is a nanotechnology company specializing in the development of surface plasmon resonance (SPR) instruments—a laboratory device that measures the interactions between molecules. The company has created the world’s first desktop SPR, which serves as a more accurate, portable, cost-effective method for collecting data for research and development.

FedDev Ontario’s contribution will help Nicoya to develop and market a new version of its product, OpenSPR, to the biotechnology and pharmaceutical sectors. This project will also allow the company to meet increasing demand, expand into new export markets and create 29 highly-skilled jobs in the Kitchener–Waterloo Region.

This project aligns with the Government of Canada’s Economic Strategy Table on Health and Bio-Sciences to support investment and increase the number of high-growth firms in this sector.


“This FedDev Ontario investment in Nicoya is wonderful news for Waterloo Region. Twenty-nine good-paying, highly-skilled jobs will be added in our community, and our thriving biotechnology and health sciences cluster will be strengthened. Our government is committed to ensuring the competitiveness of our region both at home and abroad.”
– Raj Saini, Member of Parliament for Kitchener Centre

“Our government is laying the foundation for Canadians to become more competitive and succeed in the global economy. Today’s investment in Nicoya builds on our competitive advantages and will result in the scale up of operations and expansion into new export markets, boosting economic growth and creating good, middle class jobs for Canadians.”
– The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for FedDev Ontario

“Today’s news is very exciting for Nicoya. Projects like this one will help to position this company as a global biotech leader and help to transform the lives of millions of people. This investment shows the Government of Canada’s commitment to growing the biotech industry in Canada and support for the Kitchener–Waterloo Region to remain a hub of successful start-up and scale-up companies.”
– Ryan Denomme, Chief Executive Officer and Co-founder, Nicoya

Quick facts

  • Established in 2012 as a spin-off company from the University of Waterloo, Nicoya develops nanotechnology, biochemistry and optical sensor technologies used by medical researchers in both academic and private institutions in more than 25 countries.
  • Surface plasmon resonance (SPR) is a key technique used for research and development, such as helping to understand diseases and the development of new drugs and treatments.
  • Nicoya was nominated as a 2017 Company to Watch at the 2016 Life Science Industry Awards in San Diego, California.
  • FedDev Ontario’s repayable contribution will leverage $5.14 million in private sector and other investment.
  • This year marks 10 years of FedDev Ontario delivering funding and business services to support innovation and growth in southern Ontario. Since inception in 2009, FedDev Ontario has invested almost $2 billion in the region’s economy, with more than 31,000 jobs created and maintained over the past five years.

Media Relations
FedDev Ontario

Toll Free: 1-866-593-5505
Website: www.FedDevOntario.gc.ca

AC Grad Bonfire Announced Initial Public Offering with GTY Technology Holdings Inc.

Government spend decisions must optimize to offer better value for communities and economy by digitizing with strategic sourcing and procurement software

(KITCHENER, ONTARIO, February 19, 2019) – Today Bonfire Interactive Ltd. (Bonfire), a leader in strategic sourcing and procurement software, has formally merged with GTY Technology Holdings Inc. (NASDAQ: GTYH) (“GTY”)) in a business combination with five other leading software as a service (SaaS) companies specializing in government technology.  Executives at GTY and the six newly merged businesses will share the honour of ringing the Nasdaq closing bell on today (watch it live here) to celebrate the company’s initial public offering.

All parties involved have a shared mission to digitize government and achieve a new standard in citizen engagement and resource management.  Bonfire will continue to run as an independent business unit under the umbrella company.

“While government procurement can sound dry and dull to the uninitiated, we think just the opposite”, said Corry Flatt, CEO and Co-Founder of Bonfire.  “We believe that the application of cloud software to government procurement is one of the most pressing challenges of our time, and has the potential to tangibly change our world for the better.  This is a big mission — the kind that requires deep resources and partners to fully accomplish — which is why we’re delighted to be joining forces with the other companies to form GTY and continue our journey as part of a new publicly-traded company.”

Bonfire announced intent to join GTY (which plans to rebrand in the coming months) in September 2018.  Established in 2012, Bonfire is headquartered in Waterloo Region, has grown to 95+ employees, and has secured over 250 clients.  The Company prides itself on offering a class-leading client experience, averaging customer satisfaction rates of over 95%.

“After an extensive review of government-focused technologies, it became obvious that Bonfire would be a critical element for our vision of a fully digitized public sector,” said Steven Rohleder, GTY Chairman and CEO.  “Bonfire is the leading next-generation solution for public sector sourcing and procurement, allowing professionals to trade administrative tasks with strategic ones, and demonstrate true value to their organization and beyond.”

GTY will be made up of six companies, (CityBaseeCivisQuesticaSherpaOpenCounter, and Bonfire) representing functions of payments, grant management, budgeting, permitting, and procurement.  Together, the companies service more than 1,500 government clients and share a unique opportunity to offer a transformative impact on the public sector.

To explore Bonfire’s strategic sourcing and procurement software, visit www.GoBonfire.com.

About GTY Technology Holdings Inc. (“GTY”)

Founded in November 2016 by Bill Green (former Chairman & CEO, Accenture), Joe Tucci (former CEO & Chairman, EMC), and Harry You (former EVP, EMC; former CFO, Accenture & Oracle), GTY (NASDAQ: GTYHU/GTYH/GTYHW) was formed to identify and invest in compelling and emerging trends in the technology sector.  Today, it combines six leading GovTech firms under a single umbrella: CityBase, eCivis, Questica, Sherpa, OpenCounter, and Bonfire. These companies will operate as independent business units under GTY. They represent the functions of payments and digital services, grant management, budgeting, permitting, and procurement, respectively. Collectively, GTY is transforming how the public sector does business and serves its constituents. For more information visit www.gtytechnology.com.

About Bonfire Interactive Inc.

Bonfire Interactive Inc., a leader in strategic sourcing and procurement software, empowers organizations to make the right purchasing decisions.  With tools to support the entire vendor lifecycle (sourcing, contract management, and vendor performance), Bonfire goes beyond traditional mechanics of standard procurement suites to make complex decision-making easy.  The combination of flexible technology and world-class customer service makes Bonfire the solution of choice for both public and private sector organizations of all sizes around the globe. Bonfire was named a 2018 Gartner Cool Vendor and proudly reports a client retention rate greater than 96 percent. www.GoBonfire.com



Meghan Hennessey
Manager, Marketing Communications

Hospital Authority of Hong Kong Selects Mach7 and Client Outlook for Enterprise Imaging Contract

Enterprise imaging and viewing platforms will support the entire territory of Hong Kong

WATERLOO, Ontario, Oct. 30, 2018 (GLOBE NEWSWIRE) — Mach7 Technologies Limited (Mach7) and Client Outlook, Inc. announced today they have been selected by Hospital Authority of Hong Kong (Hospital Authority) to support radiology image sharing among healthcare providers for the entire territory of Hong Kong. The deployment of Mach7’s enterprise imaging solution and Client Outlook’s clinical and diagnostic viewing platform will deliver unprecedented access to patient information and diagnostic images.

The Hospital Authority manages the country’s public health system, which includes 43 public hospitals and institutions, 48 specialty outpatient clinics and 73 general outpatient clinics. They selected Mach7 and Client Outlook for their flexible vendor neutral architectures that tightly integrate to support image sharing among all Hospital Authority and participating Electronic Health Record Sharing System (eHRSS) healthcare providers.

Mach7’s unique intelligent data routing and image normalization capabilities will empower physicians and radiologists to access clinical data from any location throughout Hong Kong.  The technology provides a single network for imaging and will enable faster diagnosis, better clinical outcomes and improved efficiency by avoiding repeat examinations and corresponding radiation exposure.

“We are very excited about this new strategic partnership with Hong Kong’s finest healthcare system,” said Ravi Krishnan, Founder and Chief Strategy Officer, Mach7. “It demonstrates the power and efficiency of our solution to improve operational and clinical outcomes, delivering a highly efficient and reliable platform that meets Hong Kong’s demanding imaging requirements.”

Client Outlook’s eUnity is healthcare’s first Smartviewer, a highly adaptable zero-footprint image viewing and integration platform that provides access to diagnostic images from any location with any browser-based device. eUnity’s unique platform design supports simple to complex workflows and delivers a consistent user experience that will help physicians and radiologists throughout Hong Kong reduce the time of care for the patient, improve efficiency and save money.

“We are not only thankful for this opportunity but sincerely honored to have been chosen as an imaging partner by the Hospital Authority of Hong Kong,” said John Marshall, Vice President of Sales & Marketing, Client Outlook. “We respect the Hospital Authority’s commitment to deliver the best possible patient care and are confident that our collaborative enterprise imaging solution will provide an exceptional user experience that positively impacts operational and clinical outcomes.”

About Client Outlook

Client Outlook Inc. is a healthcare technology company focused exclusively on empowering the image viewing evolution from hospital department to healthcare enterprise through an innovative software platform called eUnity. Uniquely designed as a zero-footprint viewing solution but purpose-built as in integration platform, eUnity gives all patient care stakeholders equal access to images for clinical viewing and diagnostic radiology reading. This powerful foundation cultivates a boundary-less enterprise that manages change and is prepared for future growth. Visit ClientOutlook.com for more information.

About Mach7 Technologies

Mach7 Technologies (ASX:M7T) develops innovative data management solutions that create a clear and complete view of the patient to inform diagnosis, reduce care delivery delays and costs, and improve patient outcomes. Mach7’s award-winning enterprise imaging platform provides a vendor neutral foundation for unstructured data consolidation and communication to power interoperability and enables healthcare enterprises to build their best-of-breed clinical ecosystems. Mach7’s sophisticated workflow tools, advanced clinical viewing and optimized vendor neutral archiving solutions unlock silos of legacy systems empowering healthcare providers to own, access and share patient data without boundaries. Visit Mach7T.com.

For more information, contact:

Jenni PilcherJohn Marshall
Global CFO & Company Secretary, Mach7Vice President, Sales and Marketing, Client Outlook

Alert Labs Announces Acquisition by Watsco and a New Product in its Line of Smart Home Devices

Smart home monitoring company, Alert Labs Inc., who graduated from The Accelerator Program in 2017, announced today that they have  been acquired by the Florida based HVAC/R distributor Watsco, Inc.

4 years ago, Alert Labs founders Ruth Casselman, George Tsintzouras, and Kevin Wright began building Alert Labs with the goal of creating innovative solutions for home monitoring which were easy to install, affordable and provided value to home owners and property managers. Since then, the company as experienced rapid growth, receiving funding from GTAN, AC JumpStart and additional VC rounds – quickly becoming one of the region’s fastest growing IoT companies.

Well Aligned Partnership

The relationship with Watsco started when several advisers and investors recommended the team connect with representatives from Watsco Ventures. “There is a lot of alignment between our organizations,” explains Casselman. “We were looking for investors and they were looking for hardware and IoT experts to work on a new project. It was a great match.”

Both organizations recognize the incredible opportunity presented by their partnership and share a commitment to innovation and to helping property managers and home owners reduce the risk of damage to their homes.

“Alert Labs is an exceptional team of innovators, with an entrepreneurial culture that is consistent and complementary to ours. This acquisition represents the next phase of investing in ground-breaking technologies intended to deliver unique solutions and opportunities to our customers.” –  A.J. Nahmad, President of Watsco, Inc.


“This partnership brings together Alert Labs’ technical experts in commercial IoT technology with Watsco’s channel of HVAC contractors. Our easy-to-install technology expands Watsco’s product offerings and establishes a strong position in the smart-home space. Our vision has always been to help homeowners reduce wasted costs and avoid property damage by giving them valuable, real-time information about what is costing them money in their homes. This partnership with Watsco advances our vision into reality.” – George, Tsintzouras, CEO of Alert Labs

Soon after meeting, Watsco Ventures invested in Alert Labs  and they began co-developing the next product in Alert’s suite of easy to use, affordable home monitoring devices, an A/C monitoring system named Sentree.

Like their flagship devices for water monitoring (Flowie and Floodie), Sentree takes 10 minutes to install and allows for remote monitoring of air conditioner systems from anywhere in the world. “Just like heating units are essential in Canadian climates, maintaining operational AC units is critical in warmer climates,” says Casselman. “HVAC service providers, property managers, and homeowners can have peace of mind knowing the air conditioner is operating normally, and that Sentree will alert them if there are potential problems.”

As with other Alert Labs sensors, Sentree uses a cellular network and does not require a separate data plan agreement, on-site internet, or WiFi connection. The Dashboard, for computer and mobile devices, provides service teams with access to detailed data and analytics about air conditioner performance. Homeowners can see that their air conditioner unit is online and operating, and have comfort knowing that should something unusual happen, their service provider will be notified by the Sentree system.

What’s Next For Alert Labs.

Alert Labs will continue to operate out of their Kitchener location and continue to have their eye on growth. “We are moving forward with the same product roadmap and the same team we’ve built here in Kitchener-Waterloo, with the added benefit of the network and expertise of our partners at Watsco.” say Casselman. “We are very lucky to live in a community where there’s a lot of support for startups and we are grateful for that support. We are looking forward to growing here and hoping to give back to the community as well.”

This fall, Alert Labs plans to launch another new offering, Sumpie, the world’s first predictive sump pump sensor.


Kik Launches New Ways to Earn and Spend Kin

Popular Chat Platform Becomes the First Consumer App to Use Kin Blockchain

WATERLOO, Ontario, June 27, 2018 (Newswire.com) – Kik Interactive, Inc., creator of the popular chat platform Kik, today announced new experiences powered by the cryptocurrency Kin. Chat themes, a new feature for customizing chat screens, are now available to users. Kik users also have more opportunities to earn Kin, then spend their Kin on premium versions of the new chat themes feature via the Kin Marketplace Beta, a central place for Kin experiences. These are the first experiences running on the Kin Blockchain.

‘Forest Monsters’ premium theme available for Android (PRNewsfoto/Kik Interactive, Inc.)

“Our goal is to make Kin the most used cryptocurrency in the world and getting Kin into the hands of more Kik users is a critical step in achieving this,” said Ted Livingston, founder and CEO of Kik and Kin. “Blockchain is a new and complex technology, but consumers don’t have to understand the technology in order to use it. With these new experiences, we want to demonstrate how simple and seamless cryptocurrency-driven experiences can be.”

A sample of approximately 1,000 Kik users can now earn Kin by completing tasks, including a tutorial, quizzes, and polls. In exchange for their time, users will earn a preset amount of Kin that is based on the complexity level of the task. These users will then have access to premium themes that customize a user’s chat screen.

Kin continues advancing its blockchain technology, which recently achieved 1.2 million transactions per day at a rate of 20 transactions per second. As Kin pushes boundaries in the blockchain space, Kik will use Kin as a pillar of its product strategy, supporting Kin’s mission to drive mainstream adoption of cryptocurrency. Kik plans to scale Kin-powered experiences to all users and will continue working toward introducing a creator marketplace where users will have the ability to create content, like their own chat themes, that can be accessed with Kin.

The Kin Marketplace Beta and Kin are currently available in Kik for Android devices. For more information on Kik, visit https://www.kik.com/. To learn more about Kin, visit https://kinecosystem.org.

About Kin Ecosystem Foundation
The Kin Ecosystem Foundation is a Canadian nonprofit corporation established for the governance of the cryptocurrency Kin and is tasked with growing an open ecosystem of digital services. The foundation will oversee the Kin Ecosystem on matters, including development of the Kin Rewards Engine, membership, security, and the ecosystem’s transition to a fully decentralized model that operates independently of Kik. For more information, please visit https://kinecosystem.org.

About Kik
Kik Interactive, Inc., connects the world through chat. The company is the maker of Kik, a chat platform popular where people can chat with friends and connect with chat-based services. Founded in 2009, Kik Interactive, Inc. is headquartered in Waterloo, Ontario, Canada, and has offices in New YorkTel Aviv, and Toronto. For more information, please visit https://www.kik.com.


SOURCE Kik Interactive, Inc.

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APrivacy Launches First of Its Kind APrivacy Bot on WhatsApp for the Financial Service Industry

Original Source: Newswire 
Published: June 26, 2018

  APrivacy, a leading provider of digital security solutions for Financial Services, announced today its new solution, APrivacy Bot on WhatsAppTM, which is poised to transform how banks and insurance companies engage with their customers. APrivacy offers a fully programmable chatbot, or connection with an existing chatbot, providing interactions with customers directly over WhatsApp, the world’s most popular messaging service.

Uniquely, APrivacy Bot leverages WhatsApp by providing a personal communication experience for customers within their favourite messaging app without the need to install any other software. Integrated within the APrivacy suite of products, the solution also supports the additional ability for customers to be seamlessly transferred to a secure chat session for more sophisticated transactions, such as placing trades, or full servicing by a human agent. All communications are fully recorded for compliance purposes. APrivacy’s in-depth business intelligence analytics further enhances the tailored customer experience.

“APrivacy’s mission is to help Financial Services companies enhance the digital experiences they offer. Our new Bot on WhatsApp is in line with this approach and extends our offering with a new and convenient way to engage with customers on WhatsApp,” says APrivacy Founder and CEO, Dr. Cédric Jeannot.

The fast-growing trend is to move away from portals and apps with static menus and move towards conversational interfaces where customers can immediately ask questions and provide instructions over messaging. People are now used to texting. In fact, 90% of time spent on a smartphone is spent on email and messaging platforms. Messaging apps are the platforms of the future, and chatbots are the new tools users will use to access all sorts of services.

Dr. Jeannot further commented, “WhatsApp has over 1.5 billion users and so by leveraging this popular channel Financial Services companies can spread the net far and wide with whom they can do business with.”

About APrivacy

APrivacy is an award-winning company which combines military-grade data security with seamless user experience on any platform, any device, anywhere. APrivacy’s technology allows the Financial Services industry to confidently communicate with clients using their favourite channels leading to increased revenues and reduced costs while meeting the strictest regulatory requirements.

Learn more about APrivacy: www.aprivacy.com  

Media inquiries: media@aprivacy.com

Geotab Acquires FleetCarma, Positioning Geotab as Dominant Player for Electric Vehicle Fleet Management

Original Source: Business Wire
Published: June 12, 2018

TORONTO–(BUSINESS WIRE)–Geotab, a global leader in IoT and connected transportation, today announced the acquisition of clean-tech solution provider, FleetCarma. Specializing in Electric Vehicle (EV) telematics, FleetCarma is a forerunner in the electric vehicle industry, providing technology that has been critical to the adoption and operation of EVs for over 10 years.

The acquisition of FleetCarma accelerates Geotab’s long-standing commitment to investing in the people and technology required to be the global leader in telematics for EVs. With the adoption of electric vehicles increasing over the past several years, resulting in more than 3 million EVs on the road today, Geotab is positioned to be the global, dominant telematics player for electric vehicle fleet management.

“Geotab’s long-standing commitment to sustainability and innovation is further amplified by the acquisition of FleetCarma,” said Neil Cawse, CEO, Geotab. “We are excited to expand our presence in the EV space and offer our current and future customers a reliable telematics solution to help meet their changing business and fleet needs.”

The highly talented, EV-focused team at FleetCarma, which is based in “Silicon Valley North” within Waterloo, Ontario, specializes in providing telematics for hybrid and electric vehicles. With customers in North America and Europe, FleetCarma also empowers utility companies to understand and manage the impact that EV charging has on the electric grid.

“Combining FleetCarma’s unique EV telematics capabilities with Geotab’s proven open-platform solution is exactly what our customers want and the industry needs,” stated Matt Stevens, CEO of FleetCarma. “Together, as we continue to drive electric vehicle adoption, we will provide a complete solution that will not only benefit customers, but society as well.”

“With this acquisition, Geotab is now strongly positioned to help accelerate the uptake and EV infrastructure planning amongst both fleets and communities around the world,” added Cawse.

About FleetCarma

FleetCarma, is an award-winning clean-tech information and technology company that has been providing solutions to manage and accelerate the transition to electric vehicles (EVs), since 2007. A robust cloud platform and specialized hardware are at the core of the company’s global product offering. FleetCarma manages hundreds of active client engagements around the globe which include electric utilities, municipal and federal governments, military and commercial fleets and transportation research labs. FleetCarma’s technology solutions are critical to managing the transition to an electric transportation infrastructure. In short, FleetCarma drives electric vehicle adoption.

About Geotab

Geotab is advancing security, connecting commercial vehicles to the internet and providing web-based analytics to help customers better manage their fleets. Geotab’s open platform and Marketplace, offering hundreds of third-party solution options, allows both small and large businesses to automate operations by integrating vehicle data with their other data assets. As an IoT hub, the in-vehicle device provides additional functionality through IOX Add-Ons. Processing billions of data points a day, Geotab leverages data analytics and machine learning to help customers improve productivity, optimize fleets through the reduction of fuel consumption, enhance driver safety, and achieve strong compliance to regulatory changes. Geotab’s products are represented and sold worldwide through Authorized Geotab Resellers. To learn more, please visit www.geotab.com and follow us @GEOTAB and on LinkedIn.

Intellijoint Surgical Provides A New View Of Orthopedic Navigation

Originally posted on Surgical Products
By Daniel Seeger

A relative newcomer to the field of surgical navigation systems, Intellijoint is quickly positioning itself as a disruptive technology company. Specializing in orthopedics, the company is rolling out intellijoint HIP, a surgeon-controlled, 3D mini-optical navigation system that provides many unique advantages over similar options on the market.

To learn more, Surgical Products interviewed Armen Bakirtzian, CEO and co-founder of Intellijoint Surgical.

 CEO and Co-Founder, Intellijoint Surgical

Armen Bakirtzian

What can you tell us about Intellijoint Surgical?

Our first product is called intellijoint HIP. It helps orthopedic surgeons performing total hip replacement surgery prevent complications like dislocation, revision, leg length discrepancies, readmissions, and litigation. Our product helps control the most important variables that surgeons manage by eye at the moment, i.e. cup position, leg length, offset and hip center of rotation. We can help surgeons deliver a superior hip replacement by providing them with accurate intraoperative information during surgery.

We’ve done over 5,000 hip replacements, so far. We’re growing at a very high rate year over year, and we have hopes and plans for aggressive growth in the U.S. this year.

What’s unique about the technology?

Navigation has been around in orthopedics for a long time. It’s shown to improve the accuracy with which components are placed in the body. It can improve managing leg length, as well as reduce postoperative complications.

But traditional navigation systems — although they accomplish those things — were extremely time-consuming, they disrupted surgical workflow, they were expensive to acquire and operate, and they introduced a lot of inefficiencies into the hospitals.

With our core technology, we wanted to preserve the essence of navigation, which is providing valuable intraoperative information. But we also wanted to solve the other problems. So we wanted our product to be time-neutral and integrated into the workflow of the surgery.

Our product is very fast. We add only 2.9 minutes to surgery. We have comparable accuracy to other navigation systems and robotic platforms, but we really are focused on the speed, the efficiency, and the integration of the workflow.

I think surgeons value the information that navigation gives them, but they don’t want to put up with the extra time, the extra cost, and the disruption of their workflow that traditional systems have forced upon them.

What new FDA clearance did you recently earn?

The new FDA clearance was for revisions of hip replacement surgeries. This is a very significant achievement for us because we’re one of the only systems suitable for revision procedures.

intellijoint HIP is a imageless navigation system, so we don’t require any preoperative imaging to power our system, and that’s a key differentiator. Any image-based system — or any robotics platform, for that matter — can’t be used in a revision setting because of all the metal artifacts that exist in the body during imaging. So you’re handcuffed with those other systems.

And most people would argue that revisions are when you need the most help with additional intraoperative information. Having an indication cleared for revision surgeries is significant for Intellijoint and significant for the orthopedic population performing revisions.

We’ve already started to show an improved outcome if you use intellijoint HIP on a revision versus not. That data looks very promising. We did a study that followed 72 patients for 2 years after their revision with intellijoint HIP. None of those patients had any dislocations or required a re-revision at their 2-year follow-up appointment. That’s a significantly better result than you see with revision procedures performed freehand, where dislocation rates can be up to 28 percent and the re-revision rates 8-33 percent.

Can you tell us more about your commitment to providing a strong solution for revision surgeries?

Revisions are much more difficult procedures than primaries, and there are more and more revisions every year. Most primary hip replacements will need to be revised at some point over their lifespans, which can be influenced by how the primary was completed. As primary hip replacement patients age, they may require a revision, so there will be a higher demand for these procedures in the future.

There is a higher complication rate when it comes to revisions because of the increased difficulty and surgeons typically don’t have any assistance performing these procedures. The demand for revision procedures on the average orthopedic surgeon will climb in the coming years.

Our platform provides one of the only solutions that is accessible to every orthopedic surgeon. We work flexibly with hospitals to give them access to a technology solution that ultimately helps their surgeons deliver the best possible care. They can acquire intellijoint HIP on a fee per use basis or as a capital investment. I think that puts us in a unique position. intellijoint HIP is suitable for all major surgical approaches in hip replacement — and we’re suitable for primaries and revisions.

What added value do you think is available to healthcare providers when they use intellijoint HIP?

One of the values we can offer to the healthcare system is that the intellijoint HIP system makes surgery less likely to require corrections afterwards. So if a patient is re-admitted to the hospital for a preventable revision surgery, there are unnecessary resources consumed by the surgeon and the hospital to care for that patient.  Preventable mistakes can also hurt the reputation of a surgeon and a hospital, which can be damaging to the ongoing business of both stakeholders. Further, if you can prevent any patient from coming back for a surgical revision, you’ve opened up more resources to do more primary hip (or other) procedures.

And as our orthopedic surgeons get older and retire, there are going to be fewer of them doing surgery, even as the rate of procedure is on the rise. intellijoint HIP allows for improved efficiency and improved outcomes that can result in fewer repeats, fewer revisions, and fewer readmissions. That ultimately reduces the burden on the healthcare systems of today and tomorrow.


eleven-x Launches LoRaWAN™ Wireless Connectivity Solutions for Smart City and Enterprise IoT Applications

Originally published on eleven-x

Innovative Platform Enables Easy Wireless IoT Connectivity for Currently Installed But Unconnected Devices 

WATERLOO, ON – CANADA | May 31, 2018 – eleven-x Inc., operator of Canada’s first and only coast-to-coast public low power network optimized for the Internet of Things [IoT], is pleased to announce the launch of a new platform that includes a lineup of interface units enabling easy and secure wireless LoRaWAN™ connectivity for currently deployed but unconnected Smart City and IoT sensors and devices. The platform is designed to extend the capabilities of existing sensors and devices to provide real-time data collection and monitoring. The initial group of interface units includes the MIU-X, designed for use with water and gas meters, the TIU-X for tank fill-level monitoring, and the WIU-X to enable remote data collection from water level monitoring sensors.

The eleven-x interface units help organizations realize their goals of deploying smart applications and utilizing real-time data to improve their workflows in an easy, cost effective manner without having to absorb the high costs of removing and replacing existing devices. The interface units are battery operated and last for more than ten years with almost zero maintenance, resulting in a low total cost of ownership, wireless IoT solution. Installation of the eleven-x interface units is a simple 3-step process that can be completed in minutes without the need for any wiring or specialty tools.

The interface units are part of the eleven-x LoRaWAN wireless interface connectivity platform. The wireless platform is a universal solution that provides secure wireless LoRaWAN connectivity via easy integration with currently deployed non-wireless data collection devices and offers significant enhancements for security and ease of use in addition to its connectivity capabilities.

The MIU-X easily converts currently unconnected meters to smart meters, facilitating the use of real-time data which enables streamlined operations by eliminating the need for manual or drive-by data collection and improves customer billing and overall experience. The TIU-X enables cost efficient remote monitoring for a market that currently relies on more expensive satellite and cellular wireless technologies and eliminates the need for manual tank readings and costly emergency deliveries. The WIU-X facilitates wireless water level monitoring and data collection without having to replace currently installed dataloggers. Offering pre-configurable alerting capabilities based on high or low water level conditions, the WIU-X can be configured remotely and reduces operational costs by eliminating the need for manual data collection.

“We’re excited to provide this key enabling product platform that provides an easy, cost effective solution to expand the capabilities of currently unconnected IoT sensors by transforming them into “smart” devices,” said Dan Mathers, President and CEO of eleven-x Inc. “Utilizing our wireless interface units helps organizations avoid costly removal and replacement programs and disruptions to customer service, while still getting to enjoy the benefits of real-time data collection. This unlocks potential for improving workflows and reducing operational costs while providing better service levels”.

The MIU-X device enables QMC to bring wireless connectivity to existing water meter assets that would otherwise need to be replaced and upgraded. The cost savings to the utility is substantial,” said James Easton, CEO of QMC. “The eleven-x meter interface units provide near real-time usage information which reduces the costs of collecting meter data and provides value add information such as leak detection and alarming, a win-win scenario for the utility and the customer.”

“The added capabilities we get as a result of real-time collection of water levels from our water supply monitoring network has enabled us to make more informed decisions and helped us improve a key service we deliver to our community,” said Nancy Kodousek, Director Water Services at Region of Waterloo. “By not having to incur the expense of replacing all of our sensors and providing the ability to get more timely data with lower operating expenses, this has resulted in real value to us.”

The eleven-x low power network is optimized for the Internet of Things and enables the promise of Smart Cities, Buildings, Campuses and Enterprise IoT applications. Supporting the use of low-cost battery powered sensors, the network addresses IoT applications where requirements include wireless connectivity, devices that require long battery life, no maintenance and a low total cost of ownership.

Availability and Pricing

The MIU-X, TIU-X and the WIU-X models are FCC, ISED and LoRaWAN certified and commercially available today. For pricing and sales inquiries contact us at collaborate@eleven-x.com or call +1-226-887-0011. For more product information, visit www.eleven-x.com/solutions. 

About eleven-x Inc.

eleven-x, a Contributing Member of the LoRa Alliance™, is a next-generation network operator enabling the Internet of Things [IoT]. Our low power wide area network [LPWAN] is Canada’s first and only public coast-to-coast network supporting the use of low-cost sensors and devices for a variety of Smart City and Enterprise IoT applications. Based on LoRaWAN™, an international standard backed by over 500 companies, our carrier-grade network enables customers in the private and public sectors to efficiently and cost-effectively manage assets, create and maintain Smart Cities, and realize environmental sustainability. Visit eleven-x.com for more information.

Follow us on Twitter: @eleven_x and on LinkedIn.
LoRaWAN™ mark used under license from the LoRa Alliance™

Urban innovation firm Miovision Technologies raises $15-million to expand smart intersection products

Original Source: The Globe and Mail 

By Josh O’Kane

As cities become ever more digitally connected, Miovision Technologies Inc. has raised another $15-million to expand its smart intersection products and lay the groundwork for future urban innovations.

Based in Kitchener, Ont., the 13-year-old company’s technology is used in more than 17,000 municipalities worldwide, allowing them to learn about traffic going through intersections with video data collection powered by artificial intelligence. The technology measures traffic flows and allows adjustments to traffic signals, such as when emergency vehicles need to get through.

The backbone of Miovision’s technology is open data architecture: transparent, non-proprietary data collection and storage. This data can be more easily used by cities, than the information collected by traditional analog machines, to make urban design decisions.

 The financing round, to be announced Monday, is a sign of faith from Miovision investors that its technology will continue to be integral to cities of the future. It’s led by the company’s largest shareholder, Montreal’s MacKinnon, Bennett & Co. (MKB), as well as new investor McRock Capital of Toronto. Further funding comes from Business Development Bank of Canada and the Boston private-equity investment firm HarbourVest Partners.

The $15-million is in the form of a convertible note, with the intention of a forthcoming equity raise that the company says will be “significantly larger” as it grows its intersection products’ capabilities and customer base. The growth, in turn, could drive greater interest in open architecture for further potential product lines.

 “We have a lot of ideas – some of which we’re already in market with, and some of which are coming soon – that are built around the idea of turning an intersection into an open data source that can be used by the city and used by others,” said Kurtis McBride, Miovision’s chief executive officer, in an interview.

The company’s most recent raise was a $30-million venture-funding round in 2015, also led by MKB. Ken MacKinnon, MKB’s managing partner, says he’s been a long-standing fan of Miovision’s innovations.

“Not only do they provide thought leadership in terms of how smart cities can be managed through next-generation technology – they actually have products and services that are generating revenue today, and providing very useful capabilities for cities to better manage their operations,” Mr. MacKinnon told The Globe and Mail.

The company also announced that McRock managing partner Whitney Rockley has joined its board. Her fund is dedicated to the “industrial internet of things” – the deeply connected juncture of physical technology and data processing – of which smart-city technology is a major market.

“I see the intersection being the backbone of the city,” Ms. Rockley said. Miovision, she said, “really is one of the few companies that we’ve seen that has built their fundamental technology on an open-architecture platform that will enable cities to do lots of different things.”

 Some of Miovision’s client municipalities have used the technology for emergency vehicle pre-emption (EVP), which gives first responders priority through intersections.

“Traditionally, if you wanted to install EVP into a city, you’d have to put new hardware both in the vehicle and at the intersection,” Mr. McBride said. “It’s expensive to do and it takes a lot of time to deploy. But with our system, because it’s all software-enabled, we already have the device we need at the intersection.”

Such programs, he continues, can be crucial: “If you can knock a minute off a response time for a fire truck, it makes the difference between a kitchen fire and a house fire.”