MONTREAL, Nov. 30, 2017 (GLOBE NEWSWIRE) -- IRYStec Software Inc., a leader in perceptual display processing technology, announced today winning first prize at TiEcon Canada 2017 Pitchfest and being accepted into the Creative Destruction Lab (CDL) AI program at Rotman School of Management University of Toronto for 2017-2018.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/e22dc08f-da54-4732-a1f7-85c3fc1266b7
TiEcon is the largest group of technology anchored conferences dedicated to fostering entrepreneurship world-wide. IRYStec’s win at TiEcon Canada came with over $150,000 in prizes, an investment from TiE plus an opportunity to pitch for the grand prize at TiEcon in 2018 in Silicon Valley. Simon Morris, CEO, commented at the conference, “Winning at TiEcon Canada is an honour as there were amazing tech companies presenting. This event has been a great way to kick off our fund raising.”
The Creative Destruction Lab (CDL) AI program in Toronto is supported by world-class group of industry and research advisors as well as major investors who work for 9 months with promising tech start-ups from around the globe. Tara Akhavam, CTO and co-founder, said, “We really appreciate being selected for CDL. We expect to learn and benefit from the stellar CDL advisory board as we investigate a new application of our perceptual technology to significantly improving engagement in digital advertising market.”
About IRYStec Software Inc.
The world’s leading mobile handset makers, automotive OEMs and Tier-1s are turning to IRYStec to help them solve their most challenging display issues. Founded in 2015, IRYStec Software is licensing its Perceptual Display Platform (PDP) embedded software solutions to consumer and automotive device manufacturers. IRYStec’s software makes content easier to view on displays, reducing eye strain and improving eye health while also lowering display power, display heat and device cost. In turn consumers are more satisfied with their display viewing experience further driving demand and sales for display device manufacturers who have licensed IRYStec’s PDP software.
Based in Montreal, Canada, IRYStec was a winner of the 2016 Silicon Valley Forum’s World Cup Tech Challenge and TiECon Canada 2017 Pitchfest. For more information, contact info@irystec.com, visit www.irystec.com.
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Editorial Inquiries: jason.sellors@irystec.com