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| Press Release

Wavefront, Canada’s Leader in Mobile and IoT Welcomes 23 Innovative Companies Across Canada into its Accelerator Programs

VANCOUVER, British Columbia, Nov. 10, 2017 (GLOBE NEWSWIRE) -- Wavefront Innovation Society (“Wavefront”), a Canadian Centre of Excellence, is pleased to welcome 23 new companies across Canada into its Accelerator programs. Wavefront is Canada’s centre for commercialization of mobile and Internet of Things (“IoT”) technologies, and offers a variety of programs and services for startups, Small Medium Enterprises (“SMEs”), large enterprise and government. Wavefront has supported the growth of more than 1,000 mobile and wireless companies across Canada over the ten last years.

Wavefront’s Accelerator programs are focused on helping startups at various stages transform their business. The Venture Acceleration Program, an initiative of BCIC, is delivered in Vancouver and helps early stage entrepreneurs launch and grow their companies faster and smarter. After applying for the program, the following companies were accepted in to the 2017 Fall Cohort:

 Cityecho
 Honeycomb
 PROtect
 SenseTecnic
 SensoDrive Technology
 Scofen
 Script Speaker

The National Entrepreneurship Program, a national program for early stage entrepreneurs, is delivered in Toronto at the Wavefront office and in Halifax through Volta Labs, a Wavefront partner.
The following companies were accepted in the Greater Toronto Area:

JiApp
SystemX
MoveBe
WittySmarties

The following companies were accepted in Atlantic Canada:
Project Evolve
Tapnbe
National Web Domains
WarrierTech
GreenSeaweed
Ti-med
Ubielife Inc
OneStep

The RevUP Program, part of the Discovery Foundation Technology Education Program, guides high growth companies on how to build scalable revenue, develop customer acquisition models, and attain operational efficiency. This program is based out of Vancouver and includes the following companies in this cohort:

Koriist
Hyperlight
Rainforest Automation
Routeique

“We are very excited to have such high caliber, innovative companies join our Accelerator programs across the country,” said James Maynard, President and CEO, Wavefront. “These companies have the potential to play a large role in the Canadian ecosystem, and our team of entrepreneurial business and technology experts are dedicated to helping them reach that potential.”

"During the time I have worked with Wavefront, I am always impressed at the quality of companies attracted to our programs," said David Christie, Executive-in-Residence at Wavefront. "I think it helps that our key differentiator is in the curriculum we deliver, including Market Validation Training, one-on-one mentorship, access to technical services, and the breadth of community connections available to help guide companies on their path to commercialization."

Wavefront runs its Accelerator programs semi-annually. The next cohort intake will be in Spring 2018. For more information visit http://www.wavefront.ca/accelerator/

About Wavefront
Wavefront is Canada’s leader in transforming business through mobile and IoT innovation. We are a centre for commercialization for companies in the wireless and IoT technologies space. Our vision is to build a globally relevant, nationally connected ecosystem that delivers digital capacity, competitiveness and prosperity for Canadians.

Media contact:
Michelle Sklar, VP Marketing & Communications, Wavefront
Michelle.sklar@wavefront.ca
(778) 331-7498