Startup news round-up: April 13, 2012

Genesis Technical Systems of Calgary is gearing up for the big launch of its patented product DSL Rings, at the Broadband World Forum, the world’s largest telecom event.

Running rings around big telcos

GTS says their technology provides high speed internet bandwidth, more than 20 times the current DSL speed, or up to 400 Mb/s (compared to around 7.5 Mb/s average at Shaw/Rogers and less at Telus/Bell) over existing telecom copper infrastructurein both rural and urban areas.

Installation is as low as five per cent of the cost of fiber in urban areas and less than one per cent in rural areas. DSL Rings requires less power in the network than fibre, offers more bandwidth than cable, and can save telcos billions of dollars in capital expenditures, according to GTS.

Startup Calgary

Older and wiser

Canadian entrepreneur Brian Wong was only 19 when he was considered the world’s youngest business owner to raise venture capital funding for a startup.

Recently the Vancouver native turned 21 and his company, Kiip, turns one this month. The San Francisco, Calif-based Kiip is a real-world rewards platform for online and mobile games.

Today, Kiip delivers more than 35,000,000 reward impressions at a rate of five per second.

Techvibes

Blue Sky winner

Cyborg Trading Systems, a company based in the Communitech Hub (the tech startup incubator in Kitchener, Ont.), has won the Microsoft Blue Sky Award.

The Kitchener startup developed Cyborg Trader, a sophisticated online trade automation toolset for existing front end trading systems.

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Jim Love, Chief Content Officer, IT World Canada

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