TechTalk Blog
Vigil Health Books Record Sales

April 16, 2007 (Victoria) – Vigil Health Solutions Inc. (“Vigil”) announces recent sales orders for nine Vigil systems for an aggregate value of approximately $700,000.  Orders were received from two new corporate accounts, the addition of new facilities from three existing corporate accounts, and four new customers.  These systems are expected to be commissioned during the current fiscal year.

“We are very encouraged to see the growing success of our sales program and validation of our product and service offering,” commented Troy Griffiths, President “and will continue to implement strategic initiatives to broaden our capture of the growing seniors healthcare market.”

About Vigil Health Solutions Inc.

Vigil offers a proprietary technology platform combining software and hardware to provide comprehensive solutions to the expanding aged care market. Vigil has established a growing presence in North America and an international reputation for being on the leading edge of systems design and integration. The Vigil Integrated Care Management System™ (Vigil® System) includes the award-winning Vigil Dementia System, a nurse call system, bed monitoring, resident check in, and the latest development the Vigil Wireless call system. The first to supply dementia specific care technology, Vigil facilitates the highest standard of care for cognitive residents while helping dementia residents enjoy a higher quality of life and greater dignity.

Booked sales are signed contracts received from customers.  The company discusses bookings in its management discussion and analysis and records revenue for the financial statement for projects using the completed contract method.  Audited financials statements and management discussion and analysis for the year ended March 31, 2007 will be released prior to June 30, 2007.

About

VITP PHII Site B BuildingThe Vancouver Island Technology Park (VITP), a University of Victoria Enterprise, facilitates the growth of technology on Vancouver Island by providing physical infrastructure that links provincial, national and international resources with emerging or growing tech companies. Located in Victoria, British Columbia, BC’s second largest tech sector, the Park is a major centre for technology activity, and is easily accessible from Vancouver, Seattle, Portland, San Francisco and other Pacific Rim locations. As Canada’s first LEED Gold Project, VITP concentrates on partnerships with organizations such as the IDC, VIATeC, NRC-IRAP, and universities and colleges to better assist the hi-tech community. With more than 191,000 square feet of rentable area in Phase I, VITP has designed a Master Plan that will accommodate an additional 250,000 sq. ft., which can provide an ideal environment for growing technology companies. The Park offers wet lab capability, specialized electrical and venting systems, and the latest data transfer technology. Flexible designs allow for the changing requirements of existing tenants, as well as the needs of new start-up companies. VITP’s 35 acres house a modern research and technology centre that enhances the creativity and productivity of its tenants by clustering fuel cell, new media, wireless, life science/biotech, ocean technology and ICT companies while providing amenities such as a fitness studio. At present, VITP has embarked on a master planning exercise to accommodate further growth that exists in our marketplace. The Vancouver Island Technology Park is now leasing all phases of the future development at the Tech Park. For more information on VITP’s Masterplan please click here.

BC Innovation Council Announces New Chief Executive Officer

Vancouver, BC – Hector MacKay-Dunn, QC, Chair, is pleased to announce that Matthew Watson has joined BC Innovation Council as Chief Executive Officer. Mr. Watson draws on over two decades of high technology leadership and corporate experience as he accepts the challenge of leading British Columbia’s sole Crown Agency advancing innovation and commercialization initiatives throughout the Province.

Mr. Watson’s selection as CEO came after an expansive nationwide search by the Board’s CEO Search Committee consisting of Hector MacKay-Dunn, Q.C., Senior Partner at Farris, Vaughn, Wills and Murphy, Greg Aasen, Chief Strategy Officer of PMC Sierra, Greg Kerfoot, Chairman of the Vancouver Whitecaps Football Club, and Alan Winter, President & CEO of Genome BC.

Mr. Watson has a successful track record in assisting early stage companies through the commercialization phase. His industry experience includes contributing to the growth and success of British Columbia based technology companies. During his recent tenure as chief operating officer with Carmanah Technologies, a world leader in solar and LED lighting products, the company’s revenues grew from $6 million to over $60 million. While serving as Senior Vice-President, Business and Legal Affairs and Corporate Secretary at ACD Systems, he was a member of the executive team that increased revenues from $5 million to over $25 million.

“The British Columbia Innovation Council and its predecessor organizations make important contributions to advancing British Columbia’s position as a world-class centre for research, technology and innovation,” said Mr. Watson. “I look forward to working with Hector and the other exceptional members of the Council’s board and staff, the Ministry of Advanced Education, and its many partners and supporters in furthering the Council’s efforts and building on its many successes.”

BC Innovation Council Announces new CEO

Vancouver, BC – Hector MacKay-Dunn, QC, Chair, is pleased to announce that Matthew Watson has joined BC Innovation Council as Chief Executive Officer. Mr. Watson draws on over two decades of high technology leadership and corporate experience as he accepts the challenge of leading British Columbia's sole Crown Agency advancing innovation and commercialization initiatives throughout the Province.

Mr. Watson has a successful track record in assisting early stage companies through the commercialization phase. His industry experience includes contributing to the growth and success of British Columbia based technology companies. During his recent tenure as chief operating officer with Carmanah Technologies, a world leader in solar and LED lighting products, the company's revenues grew from $6 million to over $60 million. While serving as Senior Vice-President, Business and Legal Affairs and Corporate Secretary at ACD Systems, he was a member of the executive team that increased revenues from $5 million to over $25 million.

"The British Columbia Innovation Council and its predecessor organizations make important contributions to advancing British Columbia's position as a world-class centre for research, technology and innovation," said Mr. Watson. "I look forward to working with Hector and the other exceptional members of the Council's board and staff, the Ministry of Advanced Education, and its many partners and supporters in furthering the Council's efforts and building on its many successes."

Municipal Software Announces new VP of Sales

Victoria, B.C., March 6, 2007 — Municipal Software (TSX:V:MSZ) is pleased to announce the addition of Dennis Asbury to the Executive Team as Vice President of Sales.

Mr Asbury comes to Municipal Software with extensive experience in companies with a high rate of both organic and acquired growth and a core understanding of the needs of local government. Most recently as VP Sales & Marketing at Harris Computer Systems, he was a member of an executive team that saw annual company growth of not less than 35% in the past five years. Prior to joining Harris, Dennis held the position of VP, Operations with Cayenta Corporation.

“We are delighted that Dennis has joined Municipal Software,” said Iain McLean, Chief Executive Officer with Municipal Software, “He brings both a wealth of experience in our market and a proven track record of sales management in enterprise software using direct and inside sales forces to the company. Dennis will lead the sales activities for our On Premises offerings such as CityView PreBuiltsTM as well as for our On Demand offering called Local Government Manager TM.”

“Municipal Software provides powerful, flexible and easy to use solutions that help local governments address the pressures of increased demand for services within limited budgets,” said Dennis Asbury. “I look forward to continuing to work with local governments to build our position as leaders in the field and enhance our reputation as a ‘user friendly’ company.”

VITP Shapens Up, Promotes Healthy Workplace

The University of Victoria’s Vancouver Island Technology Park (VITP) announced today an exciting initiative that will bring together its hi-tech companies in an effort to promote physical well-being and a healthy workplace – all while further strengthening the strong community that exists at VITP.  The First Annual VITP Health and Wellness Challenge is a program designed to help employers and employees develop a safe consistent routine to become fitter, healthier individuals in 90 days.

“Such a challenge creates numerous benefits for both the employees and the employers,” says VITP Vice President, Dale Gann.  “Our investment lies in the bright individuals of these companies, and in doing so, we have been able to create an environment where the level of job satisfaction is high.  Promoting such events will increase productivity, minimize turnover, lower absenteeism and improve employee morale.  It is a “win-win” situation for all those involved.”

Participants of the Health and Wellness Challenge will have an abundance of VITP amenities and events to assist them in obtaining their fitness goals.  Facilities like their 24/7 Fitness Centre, basketball and volleyball courts, bike lock-up room, walking trails, and events like VITP’s Annual Hockey Game at the Save-On Memorial Centre gives challengers every resource to excel in this Health and Wellness Challenge.  Nutritionally, the Park’s Hard Drive Café has provided a daily Health and Wellness Special to its menu in spirit of this challenge.

Not only do employees gain by such events, but employers reap considerable benefits as well.  “We use the location and VITP’s many amenities to promote and attract new talent to our organization,” says EDS Advanced Solutions’ Vice President of Human Resources, Greg Connor.  “The natural setting of pathways and trails provides a serene environment for promoting a healthy lifestyle.  It is a daily occurrence to see employees outside for lunchtime walks or using the basketball court.”

MDS finalizes sale of Diagnostics Business to Borealis Infrastructure in $1.3B transaction

February 26, 2007 – MDS Inc. (TSX:MDS; NYSE: MDZ), a global life sciences company, announced today that it has concluded the sale of its Canadian laboratory services business, MDS Diagnostic Services, to Borealis Infrastructure Management Inc. in a CAD$1.325 billion transaction.

Under this agreement, Borealis Infrastructure, an investment entity of Ontario Municipal Employees Retirement System (OMERS), has acquired MDS Diagnostic Services.
This laboratory services business will continue to operate under the name of MDS Diagnostics Services until later this year. From the total transaction price of CAD$1.325 billion, MDS will realize net proceeds of approximately CAD$1.052 billion, comprised of $977 million in cash and $75 million in an unconditional note, payable in March 2009, after provision for taxes, expenses and amounts attributable to minority interests.

The MDS Board of Directors has authorized a CAD$500 million one-time share buyback of its common shares through a dutch auction-type substantial issuer bid. The company intends to mail an issuer bid circular with the details for tendering common shares to shareholders on February 28, 2007. The company expects to repurchase up to 16.5% of the common shares in the range of CAD $21.00 to $23.50 per share through the issuer bid which will expire on April 5, 2007.

“With this transaction, we have closed a chapter in our company’s history by completing our transition to a global life sciences company,” said Stephen P. DeFalco, President and Chief Executive Officer, MDS Inc. “With our recently announced plans to acquire Molecular Devices Corporation, we have begun a new and exciting chapter focused on growth.”

With the close of this transaction, MDS is now a pure play, global life sciences company. It generates 95 percent of its revenues from global markets in which the Company’s three business units, MDS Pharma Services, MDS Nordion, and MDS Sciex operate.

Island Economy to Benefit from UVic Tech Park Purchase

The University of Victoria has purchased the Vancouver Island Technology Park (VITP), a move that will help to power the continued growth of the region’s technology sectors.

The VITP is an ultra-modern research and technology transfer centre located at the site of the former Glendale institution on Markham Street in Saanich. Established by the provincial government to provide physical infrastructure that links local resources with emerging or growing tech companies, the 14.2-hectare site opened in April 2002 under the aegis of the B.C. Buildings Corporation (BCBC). The renovated facility has received Leadership in Energy and Environmental Design (LEED) gold-level status for its cutting-edge, environmentally conscious and energy-efficient design.

“I am delighted that UVic is expanding its leadership commitment to technology transfer in this way,” said Joyce Murray, Minister of Management Services with responsibility for the BCBC. “It’s great news for people who work in the region’s burgeoning high-tech field. This facility, with its world-class environmental designation, is one of the finest examples in North America of sustainable development. I am confident that UVic will continue to provide exemplary stewardship of this most valuable asset.”

“As one of the leading research institutions in Canada, the University of Victoria understands the importance of putting knowledge to work for British Columbians,” says UVic President Dr. David Turpin. “This acquisition will allow UVic to continue fostering the start-up and growth of high-tech companies on Vancouver Island, moving the university, VITP and the sector to the next level. It also means that, by building on the solid foundation established by BCBC, we can provide a range of commercial space for UVic research-generated spin-off businesses and outside high-tech companies.”

The university already provides on-campus incubator space through its technology transfer office, the Innovation and Development Corporation (IDC), which is responsible for the birth of 35 spin-off companies. Zoning for the VITP property and the master plan for the site will allow the total building space to more than double over time to provide for the growth of the existing tenants and to accommodate the needs of new high tech companies.

The 23 current tenants at the VITP—a mixture of technology, research, commercial and industrial companies— employ approximately 1,200 people and directly contribute $75 million annually to B.C.’s economy. All 23 operate within the technology clusters identified by the provincial government as critical to economic growth in B.C. A number of the companies either got their start at UVic, involve UVic graduates or employ UVic co-op students. The VITP represents the greatest concentration of high-tech companies and workers on Vancouver Island.

UVic is funding the $20.2 million purchase through revenue from the facility. The purchase will not affect UVic’s operating budget or operations on campus.

Staff in the existing VITP office will continue to run the facility and the change in ownership will not affect the status of VITP tenants.

The sale is receiving support from high tech leaders.

Most major research institutions in the U.S. have developed or are affiliated with research and technology parks, and several universities in Canada have created similar relationships.

Response from High-Tech Leaders
VITP Tenants
Tech Transfer at the University of Victoria
History of the Vancouver Island Technology Park

Announcement Video

Media contacts:
Dr. David Turpin, President
Bruce Kilpatrick, Director, UVic Communications at (250) 721-7638 or bkilpat@uvic.ca

UVic Communications Services, PO Box 1700 STN CSC Victoria, BC V8W 2Y2 Tel. (250) 721-7636 Fax (250) 721-8955
E-Mail: ucom@uvic.ca

Municipal Software Completes 10th Local Government Sale in 6 months

February 7, 2007— With the announcement of a sale to Augusta, GA this week, Municipal Software (TSX-V:MSZ) has announced ten sales of CityView™ PreBuilts in the past six months with a cumulative value in excess of US$3 million. These ten projects range in size from US$144,000 to US$710,000 and the majority are scheduled for completion in the first half of 2007.

“Local Governments throughout North America are struggling to keep up” said Iain McLean, CEO of Municipal Software Corporation, “They are faced with an increased demand for services under budget constraints. Staffing shortages and recruiting challenges, together with the loss of know-how that results from an aging municipal worker pool, mean that local governments are increasingly in need of the solutions that Municipal Software can provide. In recent months we have seen large and small local authorities choose CityView PreBuilts to help them become more efficient while providing more consistent and transparent services to their customers. Examples include Permits & Inspections systems for the City of Bridgeport and the Town of West Hartford in Connecticut, Community Development and Planning processes for Scott and Wright Counties in Minnesota and complete Community Development solutions for the Cities of Reedley and Diamond Bar in California.”

In the past two years Municipal Software has moved from an entirely custom designed solution to a configurable product-based approach. This transition has allowed the company to capture the best practices of over 150 installations in their products and reduce the purchasing risks for local authorities.

In most cases CityView PreBuilts were chosen for their versatility, robustness, configurability and ease of integration while the CityView Application Builder continues to provide clients with the ability to create unique features. This product-based approach allows for faster implementations, providing a return on investment sooner and enabling municipalities to respond to the challenges they face in ensuring Permitting, Planning, Licensing and Code Enforcement solutions meet the needs of a growing community.

JASCO Development Recieves BC Ministry of Finance Award of Excellence for Development of BC Express Pay System

JASCO Development, a division of JASCO Research Ltd, has received an award of excellence from Provincial Treasury for the design and development of the Ministry of Finance’s BC Express Pay Internet payment system. BC Express Pay provides easily accessible on-line payment capabilities to ministry ESD applications, with an opportunity to replacing the multitude of custom-built payment solutions inside government with a single full-featured secure payment system.

BC Express Pay was launched in the fall of 2006 and was an immediate success for its first partner, Security Programs, Ministry of Public Safety & Solicitor General (MPSSG). The MPSSG e-service, also designed and developed by JASCO, allows organizations to complete and pay for criminal record checks (CRC) on-line and allows for multiple requests to be submitted and paid for during a single session.

The BC Express Pay system now allows government e-services to connect to a secure, web-service based, credit card payment interface. This system will support shopping cart applications with an automatic tie-in to centralized disbursement of funds – a true cross-ministry e-service saving all levels of government time and money.