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VTI Valdor Technology International Inc

0.30
0.00 (0.00%)
17 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Valdor Technology International Inc TSXV:VTI TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.30 0.21 0.35 0 01:00:00

Valdor Technology International Inc.: Rick Pogue Appointed Manager Corporate Development

13/03/2012 1:15pm

Marketwired Canada


Valdor Technology International Inc. ("Valdor") (TSX VENTURE:VTI) is pleased to
announce that Mr. Rick Pogue, located in Kelowna, British Columbia, has joined
the Valdor team. He will hold the position of Manager Corporate Development. Mr.
Pogue attended Western University in London Ontario majoring in Business. He has
over twenty-five years experience in the investment industry, and has been
working with Raymond James Ltd. during the most recent eight years. 


Mr. Elston Johnston, Director, states: "Rick has been a very successful
investment advisor, in every sense of 'successful', for many years, and has
worked for the most credible brokerage firms in Canada. We are very fortunate to
have his assistance in introducing Valdor to the investment community." 


Mr. Pogue can be reached at 250-864-3310.

About the Fiber Optics Industry: Fiber optics is the future of communications
and fiber optic connectors are one of the major profit centres within this
market. The signal transmission business is in the early stages of a fiber
optics bull market. All signal transmission, in their many and various forms,
are being converted from electrical, using copper wire and coaxial cable, to
fiber optics. In the USA the Obama administration has recently pledged an
initial US$7.2-billion to a plan that calls for 100 million Americans to have
access to super high speed internet. This high speed internet will require
significant fiber optic infrastructure. The annual global market for fiber optic
connectors is estimated to be about US$2 billion and this market is projected to
grow at a compound annual growth rate of 9.6%. A report from
(http://www.lightwaveonline.com/business/market-research) market research firm
IBISWorld forecasts cable installation revenues to increase at an average of
5.0% per year to $5.5 billion in the four years to 2016. Mobile backhaul and
broadband applications will drive this growth.


About Valdor Technology International Inc. (www.valdortech.com): Valdor is a
high technology fiber optic components company specializing in the design and
manufacture of new generation fiber optic connectors, enclosures, laser pigtails
and other optical and optoelectronic components using its proprietary and
patented Impact Mount(TM) and HeptoPort(TM) technologies. The Impact Mount(TM)
technology incorporated in the Valdor line of connectors is user friendly and
environmentally friendly. This technology is all-mechanical with no epoxy or
index matching gel required. The Impact Mount(TM) technology field installable
termination kits and connectors are ideal for harsh environment applications and
quick repair in the field. Valdor holds several patents on its connector
technology in strategic global regions.


For information on Valdor's products please visit www.valdor.com.

ON BEHALF OF THE BOARD OF DIRECTORS OF VALDOR TECHNOLOGY INTERNATIONAL INC.

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