Valdor Receives Purchase Orders for New LC Connector
July 18, 2011 - Hayward, California
Valdor Technology International Inc. ("Valdor") (TSX-V: VTI) is pleased to report that it has received purchase orders for their new line of LC connectors. The LC connector incorporates a small housing and ferule and overall is about half the size of other standard Valdor connectors. A unique production line has been developed for the manufacture of the LC connector.
The LC connector has recently experienced a rapid growth in popularity within the fiber optics industry. It has a variety of applications but is most commonly used in telecommunications. It is used especially in the major growth areas of fiber-to-the-home (FTTH) and fiber-to-the-curb (FTTC), where smaller connectors are required. With completion of the LC connector production line, Valdor now holds a complete portfolio of the conventional and most widely used field installable connectors: the ST, SC, FC, SP, SMA and LC. In addition to these conventional connectors, Valdor carries the SP harsh environment connector, the SP miniature connector and the HeptoPort™ 7-Fiber Bundle connector.
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.