Ariane Controls wins 1st prize for best growing business in VC contest

Quebec City, April 4 2006 - Ariane Controls was awarded with the 1st prize in the Growing business category at the 10th annual Anges financiers de Montréal gala held on March 29.

The prize was presented by Canada Economic Development in front of 200 people from the business community and came with a 10,000$ check.


'The level of the 20 selected finalists was very high. We think that it outlined the organizer's seriousness in the selection process' said Jean -Pierre Fournier, Ariane Controls' President. 'In such a context, we are honored to have been granted the first place. This recognition will certainly help us to buckle our current financing round by finding other partners'.

The objective of the Anges financiers de Montréal's gala is to create an opportunity for young innovative entrepreneurs to present their project to experimented business people looking to invest in them. The event, presented by economic Development Canada, is organized jointly by the Foundation of the mayor of Montreal and the Young Chamber of Commerce of Montreal. ________________________________________

Ariane Controls is a Powerline Communication (PLC) Technology developer offering highly differentiated networking solutions. With its unique & enabling Technology, Ariane Controls provides Components suppliers and Systems integrators (OEM's) with the least expensive, most reliable solutions for residential, commercial & industrial building automation and public utilities applications.

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Source : Francis Raveneau, Ariane Controls
(418) 874 -1919 x207

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