Archived — Government of Canada Helps Accelerate Development of Innovative Security Tools
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For immediate release
March 23, 2012
Toronto, Ontario — The Honourable Joe Oliver, Minister of Natural Resources and Member of Parliament for Eglinton-Lawrence, on behalf of the Honourable Gary Goodyear, Minister of State for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), announced today an investment of up to $650,000 that will allow Eomax Corp. to grow its export marketing efforts and to accelerate the development of new features for its line of innovative security technologies.
"Through this investment, Eomax will provide professionals working in defence, security, and search and rescue with tools that more effectively protect people and goods." said Minister Oliver. "Our government’s support for companies like this helps to bolster innovation and creates opportunities for jobs and growth in southern Ontario."
Thanks to the Prosperity Initiative investment, Eomax Corp. will enhance its Wolf Pack system, a security technology that allows users to remotely inspect hard-to-reach places. The company will also be able to expand its production capacity by hiring more staff and purchasing equipment for its new facility. By putting in place a global marketing strategy for its products, Eomax Corp. will also be contributing to strengthening Canada’s reputation as a global leader in security technologies.
"The Prosperity Initiative funding has been very helpful to our Company. It has allowed us to more aggressively market our products to potential customers around the globe," said Chief Operating Officer John Denham. "The early response we have received from these potential customers has been very positive, which we believe will lead to significant export sales. They are telling us that they have seen nothing like our products before and can use them in a number of security related applications."
For more information on this project and the Prosperity Initiative, please see the backgrounder.
Created in 2009, FedDev Ontario supports the southern Ontario economy by building on the region’s strengths and creating opportunities for jobs and economic growth. The Agency has launched a number of initiatives to create a Southern Ontario Advantage and place the region in a strong position to compete in the global economy. These initiatives are designed to encourage partnerships and support projects that help the region’s businesses and communities become more competitive, innovative and diversified. To learn more, please visit www.feddevontario.gc.ca or call 1-866-593-5505.
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For more information, contact:
Director of Communications
Office of the Honourable Joe Oliver
Natural Resources Canada
Contribution to Eomax Corp.
Eomax Corp. designs and manufactures Wolf Pack, an optical electronic viewing system that includes cameras for use in multiple lighting conditions along with displays and accessories. The Wolf Pack system is currently used by law enforcement, military, search and rescue and border security personnel. It allows the operator to look into hazardous situations while minimizing user risks. Wolf Pack enhances operator safety and effectiveness for police, fire, border security and military personnel.
Thanks to this investment through the Prosperity Initiative, Eomax Corp. will be able to market the Wolf Pack and expand globally in specialty electro-optics markets.
Eomax Corp. will also be able to enhance the following features of its Wolf Pack system by:
- creating new and enhanced viewing and camera capabilities;
- improving energy consumption and portability on its light technology; and
- amplifying the transmission strength of its wireless technology.
For more information on Eomax Corp., visit: www.eomax.com.
FedDev Ontario Prosperity Initiative
FedDev Ontario’s Prosperity Initiative is designed to encourage businesses, not-for-profit organizations and post-secondary institutions in southern Ontario to undertake projects that will result in a more productive, diversified and competitive economy.
Funding is available for projects that:
- enhance productivity by accelerating the adoption of new technologies, processes and skills that enhance the region’s businesses and sectors;
- diversify the regional economy by increasing the number of new industries or opportunities with the potential to have long-term impacts on regional economic diversity; and
- build a competitive advantage in the region by creating or expanding economic clusters and enhancing their global competitiveness.
Applications for funding are being accepted and assessed on an ongoing basis. For more information, please refer to the Program Guidelines available on the FedDev Ontario website at www.feddevontario.gc.ca.
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