MACAM INVESTOR RELATIONS RETAINED
September 9, 2010 - Hayward, California
Valdor Technology International Inc. ("Valdor") (TSX-V: VTI) is pleased to report that Valdor has entered into a 12 month Investor Relations Agreement with Macam Investor Relations ("Macam IR") (www.macamgroup.com), a Calgary-based investor relations firm. Valdor has agreed to pay $5,000/month and has granted 450,000 incentive stock options exercisable at $0.17/share for a period of two years in accordance with the terms and conditions of Valdor's Stock Option Plan. The agreement may be cancelled by either party with 30 days written notice. This transaction is subject to TSX Venture Exchange approval. Macam IR will initiate and maintain contact with the financial community, shareholders, investors and other stakeholders for the purpose of increasing awareness of the Company and its activities. Macam IR takes a full service approach to investor relations and provides creative, effective result-driven investor relations programs for Canadian public companies.
Dr. Michel Rondeau, Valdor President/CEO, stated: "With the increasing interest from end-users for our expanding product-line, it is our goal to establish Valdor as an investment opportunity. We are looking forward to working with Macam IR to actively engage the investment community and to help ensure that the inherent value of our Company is communicated and fully appreciated".
"We are excited about representing Valdor and having the opportunity to introduce our network to a management team with a proven track record of commercializing advanced state of the art fiber optic products. While there are a range of applications and markets for Valdor’s patented fiber optic components, we like the immediate opportunities for Valdor's product line in the aerospace, mining, oil & gas, military, industrial and medical sectors ", said Sam Grier, Vice President Corporate Communications, Macam IR.
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 projected to grow to US$3.45 billion in 2011 (ElectroniCast Consultants: www.electronicastconsultants.com). Valdor holds several patents on its connector technology in strategic global regions.
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™ and HeptoPort™ technologies. The Impact Mount™ 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™ 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.
On Behalf Of the Board of Directors
VALDOR TECHNOLOGY INTERNATIONAL INC.
Dr. Michel Rondeau
President & CEO
Corporate Office: Suite 450 - 789 West Pender Street, Vancouver B.C. Canada V6C 1H2 ph. (604) 687-3775
The TSX-Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the TSX-Venture Exchange, the British Columbia Securities Commission and the US Securities and Exchange Commission.