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May 30, 2017

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Canadian companies seeking partners in Taiwan

TAIPEI, Taiwan -- Executives from three Canadian companies producing wearable devices are looking for strategic partners in Taiwan, the Canadian Trade Office in Taipei (CTOT) said Wednesday.

The Toronto-based Interaxon Inc., which specializes in software for non-invasive brain-computer interfaces; the Montreal-based Carre Technologies Inc., which makes the smart shirt Hexoskin; and the Toronto-based Laipac Technology Inc., a global positioning system tracking technology company, are seeking business and partnership opportunities with Taiwanese firms, the CTOT said on the sidelines of the annual COMPUTEX trade show.

The information and communications technology sector is one of the main drivers of economic growth and technological innovation in Canada's economy, said the trade office, which represents Canada's interests in Taiwan in the absence of diplomatic ties.

"Taiwan has a major concentration in technology and we're looking for partners in various categories, including entertainment, gaming, health and wellness, automotive and more," Interaxon COO Derek Luke said at a press conference in Taipei.

The brain-sensing headband Muse can detect and measure brain activity and translate it into real-time data that can help people learn more about their minds to reduce stress, and improve memory and concentration, said Luke, who is looking for contract manufacturers and retail agents in Taiwan.

Jean-Francois Roy, co-founder of Carre Technologies, is also looking for partners in the electronics industry for his smart shirt.

Unlike other smart shirts that can detect heart rate, Hexoskin can also monitor wearers' breathing rate and volume, Roy told CNA during a break in the press conference.

In addition, representatives of Laipac Technology also came to Taiwan to look for distributors and telecom operators for their personal tracking devices designed for the elderly and those with Alzheimer's disease.

Laipac CEO Diego Lai said he is also hoping to sell his company's parole-monitoring bracelets to Taiwan's Ministry of Justice.

COMPUTEX Taipei is being held at Nangang Exhibition Hall, Taipei International Convention Center and Taipei World Trade Center Exhibition Halls 1 and 3 from June 3-7.

The five-day computer show, the world's second-largest, features 1,710 exhibitors and is expected to draw over 130,000 visitors, including 38,000 international buyers, according to the organizers.

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