The returns are now flowing in for the 2012 Cantech Letter Awards. To recap, we have asked the analysts who are acting as judges for the awards to concentrate first on the TSX Venture Exchange before we move on to the big board. Later this week, we will post the finalists in each category and allow you to vote.
The winners will be announced in Toronto on January 11th when Cantech Letter, the award winners, and many of the analysts who are serving as judges for these awards will participate in a market open ceremony that is sponsored and hosted by the TSX and TSX Venture Exchange.
Our most recent picks come via M Partners analyst Ron Shuttleworth. Shuttleworth says there are many smaller companies that could learn a lesson from his pick for TSX Venture Tech Stock of the Year, Symbility Solutions (formerly known as Automated Benefits). Shuttleworth says there are too many orphaned TSXV tech companies that are fighting an old fight. He says these companies need to become bolder and more aggressive to be rewarded.
Here are Shuttleworth’s picks:
M Partners Ron Shuttleworth TSXV Canadian Tech Stock of the Year
1. Symbility Solutions (TSXV:SY)
Symbility, formally Automated Benefits, is a fast growing insurance claims SaaS vendor. The company has been able to execute a growth strategy that a vast majority of venture exchange issuers seem incapable of doing, which is to utilize the public currency to consolidate its market position and acquire scale quickly.
2. Amaya Gaming (TSXV:AYA)
3. Zedi (TSXV:ZED)
M Partners Ron Shuttleworth TSXV Canadian Tech Stock Executive of the Year
1. James Swayze, Symbility Solutions (TSXV:SY)
2. Matt Heffernal, Zedi Inc. (TSXV:ZED)
3. Chris Hogg, Mint Technology (TSXV:MIT)