XOFTspy Portable Anti-Spyware claims award at event honouring Vancouver Island tech industry

It was only fitting that on a night celebrating the achievements of the Vancouver Island advanced technology community that ParetoLogic's XOFTspy Portable Anti-Spyware would take home an award. The world's first portable anti-spyware application earned ParetoLogic the award for Innovative Excellence: Software or Electronic Service Delivery at the Vancouver Island Advanced Technology Centre's annual VIATeC Technology Awards May 23.

"We are very pleased to be recognized by VIATeC and to be part of Vancouver Island's thriving advanced technology sector," said Adrian Pereira, ParetoLogic's Chief Technical Officer and Co-Founder. "It took a big team effort to develop XOFTspy Portable. We are very proud of it.

"We are constantly working hard to create innovative products that provide Internet security and enhance people's computing experiences. We have some very exciting initiatives coming up."

The awards evening took on a bit of the appearance of a sporting event with the nearly 500 people in attendance waving "We're # 1" oversized foam fingers. The eye-catching orange fingers celebrated a recent report confirming that Greater Victoria's advanced technology sector is the region's largest revenue generator. The report states the tech sector generates annual revenues of $1.67 billion, which surpasses what is brought in by the old mainstay, tourism.

"The VIATeC Technology Awards really has very little to do with selecting winners - it's more about recognizing companies that deserve some recognition for a lot of hard work," said Dan Gunn, VIATeC Executive Director, in a prepared statement. "The point is always to get together and celebrate our successes and cheer each other on but this year is particularly special because of what has been accomplished."

The VIATeC award is the second honour in as many months bestowed upon XOFTspy Portable Anti-Spyware. In April, it earned the Innovation Award at the 2007 Greater Victoria Chamber of Commerce Business Awards Gala. In an unprecedented double win for ParetoLogic, CEO and Co-Founder Elton Pereira was recognized at the gala as the Great Victoria Chamber of Commerce's Entrepreneur of the Year.

VIATeC's Innovative Excellence: Software or Electronic Service award recognizes the "company that has researched and designed innovative software or electronic service delivery that is expected to revolutionize a sector, method of business or way of life." XOFTspy Portable Anti-Spyware operates from a portable U3 Smart drive and allows users to ensure whatever PC they are working on is protected. Once launched, it scans deeply to find and remove threats. XOFTspy Portable Anti-Spyware protects the U3 Smart drive it is on and is small enough that other files can be stored on the same drive.

At the VIATeC event, ParetoLogic was also pleased to be nominated for two other VIATeC Technology Awards. ParetoLogic had been selected as a finalist for Technology Company of the Year. CEO and Co-Founder Elton Pereira was in the running for VIATeC's Executive of the Year.

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