Ross Video signs the largest contribution agreement to a Canadian business in NRC IRAP history

Ottawa, Canada, August 15th 2019 - Ross Video is delighted to announce that the company is being awarded up to CA$5 million in research and development project funding by the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP). This funding is in recognition of Ross Video's focus on innovation and will be used to provide a catalyst for further growth. The funding has been made possible as a result of the Government of Canada's 2018 budget decision to provide NRC IRAP with an additional $700 million over a five-year period to help more businesses across the country innovate. This enables NRC IRAP to increase its maximum contribution threshold for eligible projects from $1 million to $10 million. The award to Ross Video represents IRAP's largest contribution agreement to date to a Canadian business.

The award was announced on August 15th, 2019 during a ceremony at the Ross Video campus in Ottawa.

Ross Video's senior executives, and R&D staff, assembled with distinguished guests from the NRC, to witness David Ross, Ross Video CEO, Mr. Iain Stewart, President of the NRC, David Lisk, Vice President of NRC IRAP, and Gr gory Fruchet, Industrial Technology Advisor, NRC IRAP make the announcement.

David Ross is quick to praise the Canadian Government's support of technology companies and innovators. Canada has a proud history of technological innovation and the Canadian government has helped domestic companies expand on to the global stage through progressive initiatives such as NRC IRAP. We're very pleased to receive this funding which will bolster our R&D function, create jobs and allow us to engineer the next generation of technologies for the global broadcast and live production markets. Its effects will be felt well beyond Canadian shores.

Ross Video High Impact, High Efficiency Production Solutions

Ross powers video productions for billions of global viewers daily with the industry's widest range of high impact, high efficiency production solutions. Ross makes it easy to create compelling news, weather and sports broadcasts, engaging material for sports stadium screens, entertainment shows and rock concerts, educational institutions, legislative assemblies, corporate applications and inspiring content for houses of worship.

Ross solutions have impressed the audiences and marketing partners of NBC Sunday Night Football, Eurosport, BBC World, Google YouTube Space London and China's eSports powerhouse VSPN. Ross delivers an unrivalled range of products and services comprising virtual studios, real-time motion graphics, cameras, robotic camera systems, production switchers, video servers, infrastructure and routers, social media management, newsroom systems and mobile live events.

Ross Video Media Contact:

Andrew Faulkner

VP Corporate Marketing

Tel: +1 613 8524840

Email: afaulkner@rossvideo.com

Twitter: @ross_video

www.rossvideo.com

LINK:	https://www.rossvideo.com/ross-video-signs-the-largest-contribution-ag...
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