Xpertdoc Technologies Inc. Granted $109,400 in Funding from Government of Canada for Commercialization Strategy

LACHENAIE, QUEBEC--(Marketwire - Sept. 29, 2011) - The Honourable Denis Lebel, Minister of Transport, Infrastructure and Communities and Minister of the Economic Development Agency of Canada for the Regions of Quebec, announces that the firm Xpertdoc Technologies Inc. will receive $109,400 in repayable financial assistance to market its new software to U.S. insurance companies.

"With this support from the Government of Canada, Xpertdoc Technologies will be in an excellent position to break into new markets and, in so doing, help further the growth of the Canadian information and communications technology sector," said Minister Lebel.

The Lachenaie enterprise has developed Microsoft Office®-compatible data integration software for the automated creation of personalized documents. This solution allows business users to increase productivity while reducing their operating costs.

Xpertdoc's clients consist mainly of institutions and companies required to produce a large volume of personalized documents, such as banks, government departments and agencies and insurance companies. Xpertdoc Technologies intends to focus its energy in the coming months on gaining a foothold in the U.S. market, more specifically in the insurance sector, which offers promising business opportunities for the enterprise.

This financial assistance has been granted through the Business and Regional Growth program.

Keep up with the latest news from Canada Economic Development by visiting www.dec-ced.gc.ca or subscribing to @CanEconDev on Twitter.