CellWand selected as one of Canada’s Top 10™ Competition winners

(Toronto, Ontario, October 13, 2010) – The 2010 winners of the annual Canada’s Top 10™ Competition have been selected (www.topcanadiancompanies.com), and included on the list of top Technology companies is CellWand Communications. Winners will participate in the 2010 Investment Forum series, which will include stops in Silicon Valley and Boston.

CellWand is a North American leader in mobile search, with their award winning #TAXI® application as the first of many abbreviated dialing codes to be launched across North America.

#TAXI® is an elegantly simple service in that it’s a phone number (#8294) people call on their mobile phone that automatically connects them to the first available cab in their area. #TAXI® works everywhere in North America where there is cab service and has already generated millions of calls in Canada and most recently, #TAXI® has become available on over 240 million mobile phones in the U.S. where it can be used on all AT&T, Sprint and Verizon Wireless mobile phones.

#TAXI® callers are charged between $1.25 and $1.79 per call.

While #TAXI® is easy to use for consumers, it’s taxi database is North America’s most comprehensive and detailed, with over 10,000 cab companies profiles based on fleet size, service areas and average response times. This ensures #TAXI® callers get connected to the right cab company, based on the time and location of their call while also avoiding all busy signals.

Canada’s Top 10™ competition winners participate in a series of investment forums in select cities across the U.S. Developed together with key sponsors, partners and the Canadian consulates in each city, The forums expose the Top 10™ companies to an exclusive opportunity to present to top tier U.S. and Canadian venture capitalists, licensing executives and potential strategic partners in a series of invitation only events.

Since their selection, current winners and alumni have secured over $600 million in disclosed venture capital financing.
“I continue to be impressed by the quality of companies that I see coming out of Canada,” says Bernhardt Zeisig, Partner, Cycle Ventures LLC. “Because of programs like this, I get to review companies that I would normally not see. This competition is an effective way to put companies in front of investors like us.”

Of the 30 winning companies, nine (9) are from the Greater Toronto Area, while a total of nineteen (19) are from Ontario. For more information about the Canada’s Top 10™ Competition visit www.topcanadiancompanies.com .

2010 Canada’s Top 10TM Companies:

TECHNOLOGY

Aeryon Labs Inc. (Ontario)
AFORE Solutions Inc. (Ontario)
Benbria (Ontario)
CellWand Communications (Ontario)
DataGardens Inc. (Alberta)
Jostle Corporation (British Columbia)
Optessa Inc. (Alberta)
Teldio Corporation (Ontario)
Telepin Software Corp (Ontario)
YOUiLabs Inc. (Ontario)

About CellWand Communications Inc.
CellWand is North America’s leading provider of mobile search applications through abbreviated dialing codes. Utilizing location based technology, voice recognition and intelligent databases, these lifestyle applications give mobile phone users an easier way of connecting to businesses and information, while providing wireless carriers with increased Average Revenue Per User (ARPU).

CellWand’s first application, #TAXI® (Pound Taxi) is available on virtually every mobile phone in Canada with Bell Mobility, Fido, Rogers, TELUS, Virgin Mobile, Aliant, MTS and SaskTel, and now in the U.S. with AT&T, Sprint, Verizon Wireless, Alltel and Boost Mobile. CellWand is a privately held company founded in January 2000 with its headquarters in Toronto, Canada. #TAXI is a proud corporate sponsor of MADD and MADD Canada as part of promoting an easy way to plan ahead and get home safely after drinking. For more information visit CellWand’s websites at www.cellwand.com and www.poundtaxi.com.


About the Canada’s Top 10™ Competition:
The vision for the Canada’s Top 10™ is to be Canada’s premier investment oriented competition by selecting the best potential investments in Canada for investors and providing high value added services to companies to increase their chances of success, both as they source investment and as they grow and compete in the global environment. Since its inception, competition alumni have secured more than $600M in venture capital financing. www.topcanadiancompanies.com


For information contact:
Nick Quain
CEO
CellWand Communications
Tel: (613) 791-6448
Email: nquain@cellwand.com

Marco Fiori
Corporate Development
Canada’s Top 10™ Competition
Tel: (613) 828-6274 x 133
Email: info@topcanadiancompanies.ca