Valdor Exhibits at Montreal CIM Conference May 2011
May 19, 2011 - Hayward, California
Valdor Technology International Inc. ("Valdor") (TSX-V: VTI) is pleased to report that Valdor will be an exhibitor at the CIM (Canadian Institute of Mining, Metallurgy and Petroleum) Conference & Exhibition 2011, "Mines Without Borders" (www.CIM.org/montreal2011). This exhibition is being held in the Palais des Congress de Montreal at 1001 Place Jean-Paul-Riopelle, Montreal, Quebec, from May 22 to 25 inclusive. Valdor will be located at presentation booth #221.
Trade shows continue to be an effective platform for Valdor to showcase the Valdor technology and products to international exhibitors, launch new products and increase customer awareness. The annual CIM Conference and Exhibition introduces process and equipment vendors to senior stakeholders from the extraction and processing sectors of Canada's mining industry. This is one of the world's premier mining exhibitions.
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 (ibnresearch.wordpress.com/fiber-optic-connectors) and this market is projected to grow at a compound annual growth rate of 9.6%.
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.