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Innovation, Trade and Rural Development
March 30, 2009

Atlantic Canada Businesses to Take Part in
International Ocean Technology Trade Show

Business leaders in Atlantic Canada�s ocean industries sector will attend an international trade event to increase their export sales and expand their global markets. Ocean Business 2009 will be held March 31-April 2, in Southampton, England, and is a biennial hands-on ocean technology exhibition, incorporating demonstrations and training workshops.

"The Government of Canada is committed to helping Atlantic Canadian companies succeed on the international stage," said the Honourable Peter MacKay, Minister of National Defence and Minister for the Atlantic Gateway. "Our government�s support of this trade mission will provide Atlantic Canadian companies in the ocean industries sector with important learning, networking and marketing opportunities that can help them to expand their business horizons and in turn enhance Atlantic Canada�s economic performance."

"The valuable work of Newfoundland and Labrador�s ocean technology sector in the areas of ocean observation, maritime surveillance, unmanned vehicles, and simulation products has positioned the province as the knowledge and business base of marine and subsea technology," said the Honourable Shawn Skinner, Minister of Innovation, Trade and Rural Development. "Industry events such as Ocean Business 2009 mark an important step in continuing to strengthen the products and services of the province�s ocean technology sector on the global stage. As a government, we are pleased to provide the resources that facilitate the continued success of our ocean industry."

The primary objectives of this trade initiative are to showcase the capabilities of Atlantic Canada�s ocean technology companies and strengthen their export activity, building on the success of their mission to Ocean Business 2007, which opened up new international markets and generated new export sales.

Ocean Business 2009 is an ocean technology training and procurement forum. The event, hosted by the National Oceanography Centre, one of the world�s leading oceanographic institutions, provides participants with a one-stop opportunity to meet face-to-face with potential users/buyers, showcase their technology, explore new avenues for technology transfer, and increase their competitive knowledge. The inaugural event in 2007 attracted over 1,500 delegates from 36 countries.

The Atlantic Canada delegates will promote their ocean technology expertise at the exhibition, participate in on-site activities, have access to extensive in-classroom training sessions and on-water demonstrations, and build relationships with key industry stakeholders at a networking reception.

In recent years, there has been a substantial increase in international demand for ocean technologies and services, which presents global opportunities for Atlantic Canada�s ocean technology sector. The industry is a key component of the Atlantic Canadian economy and a principle source of research and development, technology and innovation activity. This sector exports over 50 per cent of its products and services.

A total of $53,500 in financial assistance for the delegation�s participation in Ocean Business 2009 is provided through the Canada/Atlantic Provinces Agreement on International Business Development (IBDA). The IBDA is a federal/provincial agreement between the Government of Canada (Atlantic Canada Opportunities Agency, Foreign Affairs and International Trade Canada, and Industry Canada) and the four provincial governments in Atlantic Canada and is designed to help Atlantic Canadian businesses enter, explore and succeed in international markets. The IBDA is the leading component of a pan-Atlantic effort to foster business relations, to attract foreign investment and to nurture technological co-operation.

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Media contacts:

Rose May Gallant
Senior Communications Officer
Atlantic Canada Opportunities Agency
506-851-3034
Scott Barfoot
Director of Communications
Department of Innovation, Trade and Rural Development
Government of Newfoundland and Labrador
709-729-4570, 690-6290
scottbarfoot@gov.nl.ca
   

BACKGROUNDER

Following is the list of the Atlantic Canadian companies participating in Ocean Business 2009:

Newfoundland and Labrador
Marport Canada Inc. (St. John�s)
School of Ocean Technology (St. John�s)
GRI Simulations Inc. (St. John�s)
PanGeo Subsea (St. John�s)

Nova Scotia
Open Seas Instrumentation Inc. (Musquodoboit Harbour)
Metocean Data Systems (Dartmouth)
Satlantic (Halifax)
ODIM Brooke Ocean Limited (Dartmouth)
JASCO Research Ltd. (Halifax)
Cobham Tracking & Locating (Windsor)

2009 03 30                                                   2:35 p.m.
 


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