This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Mike Lazaridis And Doug Fregin Unveil $100 Million Quantum Valley Fund, Focusing On Commercializing Quantum Technology Breakthroughs

Speaking about the potential impact of the new fund on jobs and the economy, Gord Nixon, President and Chief Executive Officer of Royal Bank of Canada and Chair of the Ontario Jobs and Prosperity Council said, "At a time, when international competition faced by Canadian companies has increased dramatically and the need for innovation in this country is key, this initiative is both welcome and timely.  Building on their support and commitment for quantum physics in the Waterloo Region over many years, these nation builders have once again put their money where their mouth is to help keep Canadian breakthroughs in Canada.  These transformational initiatives are critical to our future competitiveness." 

Kevin Lynch, Vice-Chair of BMO Financial Group, Chair of the Board of Governors of the University of Waterloo and Vice Chair of the Ontario Jobs and Prosperity Council added, "Executing on a well thought out strategy that started 12 years ago, Mike and Doug have developed a model for innovation that is compelling.  These visionaries have not only created a platform that will help with value creation in Canada, but in doing so have created the foundation for a quantum commercialization infrastructure in the Waterloo Region that will help to promote breakthroughs, industries and jobs in this Region for years to come. It is great for Waterloo, for Ontario and for Canada."

Mr. Lazaridis concluded, "Today we move forward on the next step toward a Quantum Physics Technology Commercialization infrastructure that will lead to new jobs, industries and value creation in this country. As suggested by its name, Doug and I believe that the private fund we are launching today will help lead to the 'Quantum Valley' here in Waterloo." 

For more information about Quantum Valley Investments, go to: www.quantumvalleyinvestments.com

SOURCE Quantum Valley Investments

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,042.90 -28.32 -0.17%
S&P 500 1,972.29 -5.51 -0.28%
NASDAQ 4,493.39 -12.4620 -0.28%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs