TORONTO, ON and PALO ALTO, CA--(Marketwired - November 23, 2015) - Spectra7 Microsystems Inc. ("Spectra7" or the "Company") (TSX: SEV), today announced that the Company is the recipient of the Canadian Innovation Exchange ("CIX") Top 20 Award. Spectra7 was selected as one of Canada's "Top 20" hottest and most innovative public technology companies.
"Winning the CIX Top 20 Award is a terrific honour given the depth of innovation and strength of management demonstrated by our peers," said Spectra7's CEO Tony Stelliga. "I am proud to receive this award on behalf of Spectra7's employees as it validates their tireless efforts to create disruptive interconnect products across numerous verticals. On behalf of these employees, I would like to thank Achilles Media and Stockhouse for organizing the Canadian Innovation Exchange Public Investor Day and for helping Spectra7 share our story with investors."
ABOUT CIX PUBLIC INVESTOR DAY
CIX Public Investor Day was a showcase of Canada's hottest public tech companies hosted in Toronto, Canada on November 17, 2015. The event brought together innovative small and mid-market public technology companies with investment professionals for a day of sessions, pitches, exhibits and one-on-one meetings. In its eight years, the CIX repeatedly attracts over 650 technology industry leaders and CEOs of growing companies from across Canada and the United Sates. This exclusive event showcases Canada's most innovative and promising young private companies and provides the tools to network, build new relationships and increase deal flow.
ABOUT SPECTRA7 MICROSYSTEMS INC.
Spectra7 Microsystems Inc. is a high performance consumer connectivity company delivering unprecedented bandwidth, speed and resolution to enable disruptive industrial design for leading consumer electronics manufacturers in virtual reality, wearable computing and ultra-HD 4K/8K displays. Spectra7 is based in Palo Alto, California with design centers in Markham, Ontario and Cork, Ireland. For more information, please visit www.spectra7.com.
CAUTIONARY NOTES
Certain statements contained in this press release constitute "forward-looking statements". All statements other than statements of historical fact contained in this press release, including, without limitation, those regarding the Company's future financial position and results of operations, strategy, proposed acquisitions, plans, objectives, goals and targets, and any statements preceded by, followed by or that include the words "believe", "expect", "aim", "intend", "plan", "continue", "will", "may", "would", "anticipate", "estimate", "forecast", "predict", "project", "seek", "should" or similar expressions or the negative thereof, are forward-looking statements. These statements are not historical facts but instead represent only the Company's expectations, estimates and projections regarding future events. These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict. Therefore, actual results may differ materially from what is expressed, implied or forecasted in such forward-looking statements. Additional factors that could cause actual results, performance or achievements to differ materially include, but are not limited to the risk factors discussed in the Company's annual MD&A for the year ended December 31, 2014 and the interim MD&A for the nine months ended September 30, 2015. Management provides forward-looking statements because it believes they provide useful information to investors when considering their investment objectives and cautions investors not to place undue reliance on forward-looking information. Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, the Company. These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update or revise them to reflect subsequent information, events or circumstances or otherwise, except as required by law.