TORONTO, ONTARIO and PALO ALTO, CALIFORNIA — (Marketwired) — 02/11/15 — (TSX VENTURE: SEV) Spectra7 Microsystems Inc. (“Spectra7” or the “Company”) today announced the Company has been awarded a ranking on the 2015 TSX Venture 50® – a list of the top 50 strongest performing companies on the TSX Venture Exchange.
Spectra7 was selected as one of the top 10 performing companies in the Technology & Life Sciences category based on a ranking formula which equally measures market capitalization growth, share price appreciation, trading volume and analyst coverage across a total of 1,971 companies listed on the TSX Venture Exchange.
“We are honored to be selected as one of the leading technology companies on the TSX Venture Exchange”, said Tony Stelliga, Chief Executive Officer of Spectra7. “This award is the result of a company wide effort in developing revolutionary new consumer electronic chips for use in emerging Virtual Reality, Wearables and UltraHD products. We are excited about our position in these growing markets and what lies ahead in 2015”.
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 Markham, Ontario and Palo Alto, California with a Design Center in Cork, Ireland. For more information, please visit .
CAUTIONARY NOTES
Certain statements contained in this press release constitute “forward-looking statements” within the meaning of applicable securities laws. 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 and assumptions 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. Additional factors that could cause actual results, performance and 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, 2013. Actual results may differ materially from what is expressed, implied or forecasted in such forward-looking statements. 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.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Spectra7 Microsystems Inc.
Sean Peasgood
Investor Relations
416.565.2805
Spectra7 Microsystems Inc.
Robert Bosomworth
Chief Financial Officer
905.480.9109
.
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