Delta-Q
Technologies Selected as
BC TIA’s Emerging Company of the
Year
Emerging environmental technologies capture the attention of the industry
Burnaby, BC – June 8, 2006 — Delta-Q Technologies is pleased to announce that it has been named Emerging Company of the Year in the BC TIA’s prestigious 2006 Technology Impact Awards. This award acknowledges an emerging company demonstrating outstanding performance as a technology enterprise. This company is one that has growing revenue, is on track according to its business plan and has the potential of becoming a leader in its market. The BC TIA also presented awards for Leadership in Social Responsibility and the Person of the Year at its annual awards gala on Thursday, June 8, 2006, at the Hyatt Regency in Vancouver.
Previously a finalist in the Most Promising Start-up category in 2003, Delta-Q has progressed well over the last three years, moving rapidly into the commercialization phase with increasing revenues, gross margins and profitability. Ken Fielding, Delta-Q’s President and CEO, says “We are pleased to again be recognized by BCTIA for our clear vision and focused execution. Our great team is incredibly committed to our plan, and passionate about what we’re doing. We are especially pleased to win this award in light of the two great companies nominated alongside us – Ascalade Communications and FinancialCAD.”
"Our judges were extremely impressed with the quality and diversity of this year’s applicants and the record number of submissions. To emerge as a winner is a significant accomplishment given the competitiveness of the awards. Delta-Q Technologies is very deserving of this recognition,” said Rob Cruickshank, President of BC TIA.
Delta-Q’s products significantly improve the performance of today’s electric drive vehicles used in transport, recreational, industrial and materials handling applications. As well, rapid growth in vehicle adoption in developing countries has forced automotive OEMs to seek ‘cleaner and greener’ transportation solutions to address pollution concerns in massive, highly populated urban centers. Delta-Q is working with vehicle OEMs around the world to address these issues. Delta-Q’s QuiQTM battery charger uses proprietary charging algorithms to charge batteries faster and extend battery life; unparalleled power conversion efficiency saves the power grid up to 15%. The company’s advanced 1000 Watt power conversion platform converts AC to DC at such a high efficiency that it requires no cooling fan and is supplied in a fully sealed enclosure – Delta-Q chargers can go 'under the hood' onboard a vehicle. With the base platform onboard the vehicle, the company is now integrating various other onboard electrical components to become a one-stop supply house for these OEM customers. Delta-Q delivers high performance products that reduce overall SKU count while improving vehicle performance.
About Delta-Q Technologies Corp.
Founded in 1999, Delta-Q Technologies supplies electric drive and hybrid vehicle manufacturers with power conversion and power management products. The Company uses innovative power electronics design and digital control to deliver highly efficient, integrated solutions. Products include battery chargers, DC-DC converters and motor controllers. Delta-Q currently supplies the electric drive vehicle industry and has high volume contracts with some of the largest manufacturers of recreational, industrial, hybrid and specialty electric drive vehicles. Delta-Q is a rapidly growing, privately held company headquartered in Burnaby, BC. For more information, visit www.delta-q.com.
About the BC TIA
BC Technology Industries Association (BC TIA) is a not-for-profit, member-funded organization that represents start-ups to established technology companies, including those that service the industry, across the province. As the largest and most influential technology association in the province, BC TIA advocates issues that enable the continued growth, prosperity and sustainability of our industry and economy. The association also delivers opportunities for members to learn, get connected and grow their businesses in BC. For more information, visit www.bctia.org.
About the Technology Impact Awards
The Technology Impact Awards (the TIA’s) is a PREMIER AWARDS PROGRAM devoted to promoting and celebrating innovation and hi-tech excellence in the province of British Columbia. Founded in 1994, by the BC Technology Industries Association (BC TIA), the Technology Impact Awards have gained the reputation as a mark of distinction and a celebration of outstanding leadership, innovation and technical excellence.
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For more information, please contact:
Catherine Ducharme
Communications
BC TIA
604-813-6104
Rob V. Kragelj
Sales and Marketing Manager
Delta-Q Technologies Corp.
604-327-8244 x122