November 8, 2016 – Waterloo, ON – Federal Economic Development Agency for Southern Ontario (FedDev Ontario)
The Leader of the Government in the House of Commons, Minister of Small Business and Tourism and Member of Parliament for Waterloo, the Honourable Bardish Chagger, today attended a demonstration of TritonWear technology – a wearable device that is making Canadian swimmers more competitive by providing state-of-the-art training data.
Canada is committed to being a nation that can compete in a digital world. By working with organizations like the Western Ontario Community Futures Development Corporation Association, the Government of Canada, through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), increases its ability to support small businesses like TritonWear Inc.
This was highlighted today when Minister Chagger went poolside at the University of Waterloo to watch former Waterloo Warrior, and TritonWear Inc.’s co-founder and CEO, Tristan Lehari lead a demonstration of this groundbreaking wearable performance tracking device. Also in attendance was David Penton, from the Western Ontario Community Futures Development Corporation Association; Jeff Slater, Head-coach of the Waterloo Warriors Varsity Swim Team, and members of the Waterloo Warriors Swim Team.
Benefitting from a $500,000 investment from the Southern Ontario Fund for Investment in Innovation (SOFII), TritonWear has developed a wearable device that competitive swimmers attach to their goggles. It measures numerous aspects of their performance regarding speed and stroke efficiency. Performance data is transmitted in real-time to a coach’s tablet for every athlete in the pool simultaneously. By providing information in real-time and tracking valuable insights over time, this technology is improving the way that athletes train. With the future of sports becoming more data-driven, TritonWear’s analytics are at the forefront of training technology.
While at the University of Waterloo, Minister Chagger also announced six other SOFII loans through the Western Ontario Community Futures Development Corporation Association. The list is available in the backgrounder.
The Government’s Innovation Agenda aims to make Canada a global centre for innovation — one that creates jobs, drives growth across all industries and improves the lives of all Canadians. These investments are an example of that vision in action.
“TritonWear is about making Canadian swimmers more competitive so that they can outperform the world. Our government has a similar plan for the whole nation. By supporting and promoting innovative companies such as this, we are fostering the growth our economy needs.”– The Honourable Bardish Chagger, Leader of the Government in the House of Commons and Minister of Small Business and Tourism and Member of Parliament for Waterloo
“TritonWear has created a unique automatic performance metric product that fills a niche in the marketplace. We are pleased to see that SOFII funds will help commercialize this exciting technology.”– David Penton, Director (SOFII), Western Ontario Community Futures Development Corporation Association
“At TritonWear, we are fundamentally improving how athletes and coaches train by providing accurate data, actionable feedback, and a strong community. This journey all started here at the University of Waterloo and it’s been exciting to see it grow from a bulky prototype to a product being used in over 20 countries around the world. We are excited to continue pushing the limits of technology in sport.”– Tristan Lehari, Co-Founder & CEO of TritonWear
“It is fantastic to see one of our alumni develop such a useful product for our sport. Swimming is a technical sport and TritonWear provides real time data to improve our Warrior swimmers’ performances. I really see the long term impact of having this information available to monitor, assess and develop our team.”– Jeff Slater, University of Waterloo, Varsity, Swim Coach
- The Triton unit automatically calculates a dozen key performance metrics such as split times, stroke count, distance per stroke and sends that data in real-time to a coach’s tablet.
- Tristan Lehari was a competitive swimmer on the University of Waterloo’s Varsity Swim Team, and served as the team’s captain between 2009 and 2011.
- The objective of SOFII is to provide highly-targeted support to innovative SMEs in rural and urban communities in southern Ontario, increasing competitiveness while stimulating the creation or preservation of high-value jobs.
- The Western Ontario Community Futures Development Corporation (CFDC) Association, which is funded by FedDev Ontario, is a regional CFDC network for southwestern Ontario. The Association manages SOFII and supports the 20 CFDCs within its region. CFDCs have been helping owners of small- to medium-sized businesses for over 25 years with business financing and counselling.
Media RelationsFedDev Ontario416-954-6652[email protected]
David PentonWestern Ontario Community Futures Development Corporation Association519-752-0381[email protected]
Tristan LehariTritonWear416-702-2287[email protected]