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Laipac Technology Inc. Awarded Funding from Ontario to Develop Technologies for Vehicle Occupancy Detection

November 13, 2017

Toronto, ON – Ontario Centre of Excellence OCE Inc. has announced a strategic partnership with Laipac Technology Inc, a leader in the development of Internet of Things (IoT) products and services. The partnership will support the development of technologies that will detect how many people are in vehicles using high occupancy toll (HOT) lanes to ensure that vehicles with more than one occupant are not inadvertently billed or fined.

The initiative is being funded by Ontario Centres of Excellence (OCE) through the Small Business Innovation Challenge program to develop innovative technologies that will help government deliver better services and programs across the province. Helping businesses innovate while enhancing government services for people across the province is part of Ontario government’s plan to create jobs, grow economy and help people in their everyday lives.

Quotes:

” Laipac is honored to be funded by Ontario government to develop the technologies to detect the single and high occupancy vehicles travelling on HOV lane of Ontario highways. Our proposed IoT solution will require zero infrastructure investment and expandable to be compatible with other tolling technologies. We look forward to be part of the growth of our province. “ – Diego Lai, CEO of Laipac Technology Inc.

” These exciting challenges help some of Ontario’s best and brightest innovators and entrepreneurs develop leading solutions to everyday problems. The results of these challenges will be innovative technologies ready to commercialize and export globally.” – Brad Duguid, Minister of Economic Growth and Development

” These challenges are a great way for Ontario-based small businesses to get the support they need to bring their technologies to life. By using government as a launching pad they will gain a foundation for global opportunities, and strengthen Ontario’s position as a leader in innovative technologies.” – Reza Moridi, Minister of Research, Innovation and Science

” OCE is proud to deliver the Small Business Innovation Challenge on behalf of the Ontario government. The program will support Ontario-based, technology-driven SMEs in their mission to develop and test innovative technology solutions for public sector challenges. I would like to congratulate the successful applicants and I look forward to seeing their products and services grow.” – Tom Corr, President and CEO of Ontario Centres of Excellence (OCE)

About Laipac Technology Inc.

Laipac Technology Inc. is one of the leading companies in the development of Internet of Things (IoT) products and solutions. Laipac provides an excellent IoT platform for real time asset tracking and people monitoring on LocationNow.com. Laipac Technology Inc. was founded in 1999 by two distinguished Canadian entrepreneurs, Maria C. Pacini and Diego Lai, who continuously strive for product improvements and new ideas with the purpose of bringing the best innovated products to the market. Laipac Technology Inc. is currently exporting products and solutions to over 100 countries and has received numerous awards and nominations that recognizes the excellent business achievements and visions for the future. For more information, visit:https://www.laipac.com/

About Ontario Centres of Excellence (OCE) Inc.

OCE drives the commercialization of cutting-edge research across key market sectors to build the economy of tomorrow and secure Ontario’s global competitiveness. In doing this, OCE fosters the training and development of the next generation of innovators and entrepreneurs and is a key partner with Ontario’s industry, universities, colleges, research hospitals, investors and governments. A champion of leading-edge technologies, best practices and research, OCE invests in sectors such as advanced health, digital media and information communications, advanced manufacturing and materials, and cleantech including energy, environment and water. OCE is a key partner in delivering Ontario’s Innovation Agenda as a member of the province’s Ontario Network of Entrepreneurs (ONE). Funded by the Government of Ontario, the ONE is made up of regional and sector-focused organizations and helps Ontario-based entrepreneurs rapidly grow their company and create jobs. For more information, visit: http://www.oce-ontario.org/

Brigitte Marleau Communications Branch
brigitte.marleau@ontario.ca
416-325-5146

Daniel Bitonti Minister’s Office
daniel.bitonti@ontario.ca
416-325-7569

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