SRDC NEWS

2016-06-10
WATERFRONT VISION - PUBLIC OPEN HOUSE - JUNE 22, 2016: 7PM
Ekistics Plan+Design is helping Summerside to plan for the next 25 years of its waterfront and dow...
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2016-06-09
EXPLORING ATTRACTS
Adventure Canada aims to deliver unique experiences of culture, history, and natural wonder, and suc...
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2016-05-20
VECTOR UPGRADES CAPACITY WITH NEW ENGINE TEST CELL
Trevor Hogan sat behind a shiny new control panel Wednesday morning, with all kinds of monitors, but...
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2016-01-19
SUMMERSIDE GROUP PLANNING WATER TAXI, UPGRADES TO HISTORIC LIGHTHOUSE
There are plans afoot to introduce some unique attractions to the City of Summerside�s waterfront. ...
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FIRM PROVIDING REMOTE PATIENT MEDICAL MONITORING SETTING UP IN SUMMERSIDE

Coun. Brent Gallant, chairman of the city�s economic development committee, stands outside one of the construction areas at the historic Holman Building in downtown Summerside. The building will be the home to the MDDx Corporation e-Health Centre of Excellence operation as well as the provincial Department of Education. Transcontinental Media photo SUMMERSIDE � The historic Holman Building in downtown Summerside will be the home of a new company focused on providing remote patient monitoring solutions. Medical Devices & Diagnostics (MDDx) uses wireless monitoring technology to provide real time remote medical diagnostic monitoring and reporting services between cardiovascular patients and their health-care providers. The company, created by Pearl Capital Group of New York, is expected to employ up to 20 people in Summerside within two years. �The government of Prince Edward Island is pleased to welcome MDDx Corporation to the Island business community,� Premier Robert Ghiz announced Wednesday.

�This innovative company complements our government�s innovation and economic development strategy, Island prosperity: A Focus for Change. MDDx also strengthens the development of the e-Heath Centre of Excellence at the Holman Building in downtown Summerside.� Coun. Brent Gallant, chairman of the city�s economic development committee, said officials have been looking for a centre of research for such a product as part of a larger economic plan that would offer a service not yet available to the public.

�We have to carve out a niche and go after that rather than competing across the province and having a tug-of-war for different things that may come along,� Gallant said. �It gives us an identity that we can focus on and move on with that.� The Holman Building is also the new home of the province�s Department of Education that is moving to Summerside this fall. Gallant said a lot of time and money has been invested by the Summerside Regional Development Corp. in bringing the historic Holman Building to the stage where it can accommodate new economic opportunities. �It�s good to see the hard work that went into developing that space and certainly securing it is starting to pay dividends,� he said. �We�ve always maintained that the lack of activity there was the lack of space. Now with that space, things seem to be coming together quite nicely.�

The launch of MDDx was made possible through an investment by the Boeing Company. The investment is in line with Canada�s Industrial and Regional Benefits policy and has been credited to Boeing�s reinvestment plan associated with the acquisition of four C-17 Globemaster III multimission transport aircraft delivered to the Canadian Forces. �Boeing is dedicated to delivering on the promises it makes to invest in the regions where we do business, as this investment in MDDx demonstrates,� said Gwen Kopsie, director of International Industrial Participation and Alliances for Boeing Integrated Defense Systems. �We are committed to creating partnerships that result in long-term, high-value jobs for Canadians.� �We are pleased to see world leaders such as Boeing and Pearl Capital Group select Prince Edward Island as a location to do business,� said Allan Campbell, minister of Innovation and Advanced Learning. �The Island�s labour force continues to be an attractive selling feature when recruiting new companies to the province. MDDx will create highly skilled, well-paying jobs for Islanders.� The provincial government is supporting MDDx with a labour rebate agreement of up to $500,000 for the first 20 positions created. Government is also investing in a $100,000 strategic infrastructure rebate for the purchase of equipment and technical infrastructure.