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2007-10-25 - First All-Canadian Cleantech Index to be launched

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First All-Canadian Cleantech Index to be launched

Cleantech 10™ list pinpoints the top publicly traded Cleantech companies in Canada
Next 10 list highlights emerging Cleantech leaders of tomorrow

TORONTO, October 24, 2007 – The Corporate Knights Cleantech 10™ and Next 10 Emerging Cleantech Leaders of Tomorrow will be announced at the Cleantech Forum XIV on October 25, 2007 in Toronto at the Westin Harbour Castle from 9:45 am – 10:15 am.

The Cleantech 10 and Next 10 represent Canada’s finest publicly held and private companies in the Cleantech realm, and span a range of sectors from specialized technology to harvest flooded forests, to solar electric inverters, smart grids, and floating wind turbines.

The Corporate Knights Cleantech 10™ is compiled by Corporate Knights Inc. and Cleantech Indices LLC, the leading provider of Cleantech Indices and information globally.

Where: Wellington Room, Westin Harbour Castle, Toronto
When: Thursday, October 25, 2007 from 9:45 am to 10:15 am
Who: Peter Love, Chief Energy Conservation Officer of Ontario
Toby Heaps, President, Corporate Knights Inc.

Members of the Next 10 Cleantech Leaders of Tomorrow that will be in attendance:

  • Scott Nichol, CEO, 6N Silicon
  • Dr. Stuart Smith, Board member, Ensyn Technologies Inc.
  • Stephen Naor, CEO, Group IV Semiconductor Inc.
  • Pierre Rivard, CEO, Magenn Power Inc.
  • Scott Leslie, CFO, Menova Inc.
  • Mark Kerbel, CEO, REGEN Energy
  • Tim Saunders, Vice President, Finance & Chief Financial Officer, Plasco Energy Group Inc.

Following the brief presentation there will be an opportunity for Q&A.

The Next 10 Emerging Cleantech Leaders of Tomorrow was determined by an advisory board that included:

  • Tyler Hamilton, Energy Reporter/Clean Break, Toronto Star
  • Vicky Sharpe, President and CEO, Sustainable Development Technology Canada
  • Andrew Heintzman, President of Investeco Capital Corp
  • Nick Parker, Chairman, Cleantech Venture Network LLC
  • Tom Rand, Director, VCi Green Funds Inc.

The Cleantech Forum XIV is expected to be one of the largest gatherings of international investors on Canadian soil this year.

How was CK Cleantech 10™ determined?

We sought out technology-driven growth companies that have big impacts on resource efficiency and the environment—not simply those re-branding themselves as ‘green’. A set of 18 screening criteria were applied to all TSX companies that Cleantech Indices, LLC use for their broad Cleantech Index. Since Canada has far fewer Cleantech stocks and they tend to be younger and smaller, those criteria were not as strictly applied. A heavy emphasis was placed on purity (percentage of revenues or income from Cleantech business, and whether or not it’s really ‘clean’) and quality (strategy, management, financial strength, sector leadership). Other key criteria included growth, earnings, liquidity, capitalization, technology/intellectual property, overall impact, etc.

For further information:

About Corporate Knightss
Founded in 2002, Corporate Knights Inc. is an independent Canadian-based media company focused on prompting and reinforcing sustainable development in Canada.

www.corporateknights.ca