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Government of Canada invests $30 million in iFire Technology`s flat panel TV technology; Canadian company to offer affordable hang-on-the-wall TVs.
0 Comments | M2 Presswire, April, 2001
M2 PRESSWIRE-19 April 2001-IFIRE TECHNOLOGY: Government of Canada invests $30 million in iFire Technology`s flat panel TV technology; Canadian company to offer affordable hang-on-the-wall TVs (C)1994-2001 M2 COMMUNICATIONS LTD RDATE:19042001 Toronto, Canada -- iFire Technology Inc., a subsidiary of The Westaim Corporation (TSE: WED; Nasdaq: WEDX), today announced that it has received a $30-million investment for research and development by the Government of Canada.
The R&D activities will accelerate iFire Technology`s launch of its affordable flat panel displays into the large screen consumer TV market. iFire Technology is developing an affordable digital flat panel television that will be less than two-inches thick. By 2004, the consumer market...
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