February 15th, 2012: Today in Canadian Tech

Avcorp today announced its subsidiary, Comtek Advanced Structures, has been awarded a contract by Bombardier to design, manufacture and support the floor panels for the Learjet 85 business jet.

Zecotek Photonics (TSXV:ZMS) announced it was one of five Canadian companies selected to participate in a Canadian Technology Showcase put on by Foreign Affairs and International Trade Canada to highlight Canadian technologies for visiting senior executives from Sony. Zecotek was selected to present its patented glasses-free 3-D display technology. “It was an honour to participate in such an exclusive event and present our patented glasses-free 3-D display technology to senior executives of Sony Corp.,” said Dr. A.F. Zerrouk, company CEO. Shares of Zecotek closed today up 13.2% to $.60 cents. More…

Avcorp (TSX:AVP) announced its subsidiary, Comtek Advanced Structures, has been awarded a contract by Bombardier to design, manufacture and support the floor panels for the Learjet 85 business jet. “Comtek is excited to expand its long-term relationship with Bombardier as a Tier 1 design-build supplier,” said Patrick Whyte, Comtek’s President. Shares of Avcorp closed down 16.7% to $.05 cents today. More…

Gennum (TSX:GND) released its fiscal 2011 results. Revenue came in at $137.2-million, 6% higher than 2010’s $128.9 million. The company earned $.41 cents a share, compared with $.54 cents in 2010. Gennum also announced it will pay a quarterly Q4, 2011 dividend of $3.5 cents The dividend will be paid on or about March 8, 2012, to shareholders of record on Feb. 28, 2012. Shares of Gennum closed today up .1% to $13.50. More….

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Bioasis (TSXV:BTI) announced it has been named one of the 2012 TSX Venture 50 companies. The TSX Venture 50 consists of ten companies in five major industry sectors. CEO Rob Hutchison said “”We are very proud to be recognized as one of the top-performing companies by being named to the 2012 TSX Venture 50.” Shares of Bioasis closed today up 3.7% to $1.39. More…

Sprylogics (TSXV:SPY) announced it has signed a licence agreement with Softection Pty. Ltd. of Australia to license Sprylogics’s semantic search technology. Sprylogics CEO Marvin Igelman said:”We look forward to this relationship and exploiting the opportunities from the combined technologies of Sprylogics and Softection. We continue to execute on our strategy of building user-centric solutions with our core technology while completing strategic and complementary licence deals.” Shares of Sprylogics closed today even at $.10 cents. More…

AgriMarine (TSXV:FSH) announced it has arranged a non-brokered private placement of up to twenty-five million units at $.20 cents per unit for gross proceeds of up to $5-million, subject to the acceptance of the TSX Venture Exchange. Each unit will consist of one common share in the capital of the company and a half-warrant, priced at $.30 cents. Shares of Agrimarine closed today down 2.1% to $.235 cents. More…

Redknee (TSX:RKN) announced that its customer Smart Telecom has increased its investment in Redknee’s converged billing and customer care solution. The order comes on the heels of Smart reporting 25% revenue growth since working with Redknee. Shares of Redknee closed today down 1.9% to $1.08. More…

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