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February 6th, 2012: Today in Canadian Tech

Montreal-based warehouse and distribution software management company Tecsys today announced it is launching several new products.
Tecsys (TSX:TCS) announced it is launching several new products. The company says the innovations are necessary because, as CEO Peter Brereton points out, “Better technology is required for total hands-free operations, as well as clear communications to the workforce where literacy is an issue or English may not be the primary spoken language.” Shares of Tecsys closed up 1.8% to $2.30.
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Preo Software (TSXV:PKM) announced the release of Printelligence, its cloud-based application. Preo President and CEO Gary McCone said “The release of Printelligence v4 is a turning point in our goal of making end-user data ubiquitous in the managed print industry,” adding that “The new product configurations and pricing options will significantly reduce the barriers to entry for the managed print professional looking for unprecedented user-centric business intelligence.” Shares of Preo Software closed today down 25% to $0.075 cents.

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Intertainment Media (TSXV:INT) announced it will once again team up with entertainment news stalwart Variety, using its Ortsbo platform to provide on-line global coverage of the Orange British Academy Film Awards in 2012. Intertainment had unveiled its live language captioning system at the Variety entertainment summit at the 2012 Consumer Electronics Show in Las Vegas and the Variety studio at the 2012 Sundance Film Festival. Shares of Intertainment Media closed today up 2.5% to $.83 cents. Full Story

Automated Benefits (TSXV:AUT) formalized a contract with the Seventh-day Adventist Church in Canada to use the company’s Adjudicare, web-based software that lets insurance brokers and third party administrators adjudicate health and dental claims on behalf of their group benefit clients. Automated Benefits President Richard Adair says the software is best-of-breed, in part because it ensures that claims are precisely adjudicated and paid in real time, guaranteeing transparent disclosure. Shares of Automated Benefits closed today up 3.1% to $.33 cents. Full Story

Opel Technologies (TSXV:OPL) announced that CEO Frank Middleton has retired from the company. Middleton had come out of retirement six years ago to help the company, which was once known as Opel Solar, to develop its high-concentration photovoltaic technology and universal solar tracking systems. Opel says Leon Pierhal will take over on an interim basis. Shares of Opel closed today down 6.1% to $.23 cents. Full Story

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About The Author /

Cantech Letter founder and editor Nick Waddell has lived in five Canadian provinces and is proud of his country's often overlooked contributions to the world of science and technology. Waddell takes a regular shift on the Canadian media circuit, making appearances on CTV, CBC and BNN, and contributing to publications such as Canadian Business and Business Insider.

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