February 16th, 2012: Today in Canadian Tech

Calgary's Blackline GPS makes, among other things, products that let you know where your car or boat is at all times. Today, the company announced a deal with Procon Systems to sell worker safety monitoring, asset management and security products to the Canadian market.

Constellation Software (TSX:CSU) announced its Harris Computer Systems division has purchased Capital Computer Associates of Albany, New York. The company, which offers administrative products for schools, will be consolidated into Harris School Solutions, the operating division that focuses on admin solutions for K-12 school districts in North America. Shares of Constellation Software closed today down .5% to $92.25. More….

Verisante Technology (TSXV:VRS) was named this year’s top-ranking technology and life sciences company on the TSX Venture 50. The TSX Venture Exchange’s annual list of its top fifty emerging publicly traded companies is a ranking of the strongest performers from five industry sectors. Thomas Braun, Verisante’s President and CEO said: “The No. 1 ranking by the TSX Venture Exchange underscores the breakthrough year the company has had…” Shares of Verisante closed today down 2.9% to $.66 cents. More…

VendTek Systems (TSXV:VSI) announced its Brazilian subsidiary, Now Prepay Servicos de Informatica Ltda., has signed an agreement with Multipla Servicos Especializados to provide electronic mobile recharge services. Multipla has been in business for two decades and has a merchant network with about five-hundred distribution points. Doug Buchanan, VendTek President and CEO said: “We feel that companies like Multipla offer us an opportunity to provide value-added services to their customer base. This partnership also allows us to rapidly expand into several regions of Brazil that are under-served by existing distribution methods.” Shares of Vendtek closed today down 3.6% to $0.265. More…

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This story is brought to you by Serenic (TSXV:SER). Serenic’s market cap of $3.18 million (as of January 27th, 2012) was less than its cash position of $4.03 million (as of Q2, 2012). The company has no debt. Click here for more information.

Blackline GPS (TSXV:BLN) announced it has signed a deal and received an order from Procon Systems, a distributor of equipment into the energy, industrial facility and utility sectors. Procon will distribute Blackline’s worker safety monitoring, asset management and security products to the Canadian marketplace. Shares of Blackline closed today even at $1.40. More…

Novadaq Technologies (TSX:NDQ) reported its fiscal 2011 results. Revenues came in at $15.3-million, which was a 10% increase over the $13.9-million the company posted in 2010. Dr. Arun Menawat, Novadaq’s President and CEO said: “In the fourth quarter, we estimate that nearly 8 per cent of breast reconstruction surgeries performed in the U.S. involved the use of SPY Imaging, effectively tripling penetration into our lead application over the period of one year. Exiting 2011, more than 10 per cent of mid- to large U.S. hospitals were users of Novadaq’s imaging systems.”
Shares of Novadeq closed today up 3.2% to $5.17. More….

BIOX (TSX:BX) released its Q1, 2012 results. Sales were $28.9-million, compared to $27.million for the same period a year prior. BIOX CEO Kevin Norton, said: “Q1 was our fifth consecutive quarter of strong results. With the U.S. biodiesel market mandated to grow by 25 per cent in 2012 and the spread remaining strong between the value we receive for our biodiesel and the cost of feedstock, we are delivering consistent performance from our first plant,” Shares of BIOX closed today down 1.5% to $1.28. More…

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