Valdor Technology

Recruits Accomplished M&A Executive

Hayward, California – July 15, 2013 Valdor Technology International Inc. (“Valdor”) (TSX-V: VTI) is pleased to announce that Mr. Raj Kapany has been appointed to the Board of Directors. 

Mr. Kapany received a Bachelor of Science (BS) from the University of California – San Diego in 1979, a Master of Business Administration (MBA) from the University of California – Berkley in 1981, and has attended the Stanford University Executive MBA Program. Mr. Kapany, an entrepreneur, is currently on the Boards of seven private technology companies. He currently resides in Los Altos, California. Since 1981 he has served as General Manager, Director, Vice-President, President, CEO or Chairman of eight private and public technology companies. In the technology field his specialization is fiber optics. Mr. Kapany has held executive positions with Tyco International Ltd, Amp Inc, K2 Optronics Inc, Emcore Corp and Nest Corp. From 1988 to present, he has been instrumental in the completion of eleven mergers and acquisitions (M&A’s) involving technology companies and company divisions. Nine of these eleven M&A’s have occurred since 1999. Acquiring and vended companies and/or divisions, where he has facilitated M&A activity, include: Tyco, Emcore, Nest, JDS Uniphase Corp, Ericsson Inc, Volex Inc, and Crown Life Insurance Co. 

In 1994 Mr. Kapany started Tyco’s fiber optics division in Europe, where he generated gross sales to over $40,000,000 annualized, in less than two years. In 1998, while Divisional Manager at Amp, he won the annual company award for having the most profitable division in the company. At that time Amp had more than 50 divisions. In 2000, as CEO and Chairman, he headed a team that raised $45,000,000 in venture capital for K2 Optronics and then facilitated the sale of K2 Optronics to Emcore. In 2008, while President of Nest, he directed a team that was responsible for having their patch panels qualified for use by Verizon Communications Inc. 

Mr. Elston Johnston, Chairman, states: “Raj’s marketing knowledge and corporate experience will be of great value to our sales and business growth. His M&A experience and high-tech business contacts can help us grow via mergers and acquisitions.” Mr. Kapany states: “I see a way forward where the result can be greater than the sum of the individual parts. We can mesh our people and core competencies with global industries and focus on regions where fiber optics infrastructure is needed and where we have solutions that differentiate Valdor within the global marketplace; I see great upside potential in deploying this strategy. By adding new products and competencies and aligning them to high growth industries, we can strategically increase shareholder value in a very efficient manner.”

Hayward, California – July 8, 2013: The Board of Directors of Valdor Technology International Inc. (“Valdor”) (TSX: VTI-V) is pleased to report that the non-brokered Private Placement announced May 24, 2013 has now closed. A total of 20,175,000 Units at a price of $0.10 per unit have been purchased with total proceeds realized of $2,017,500.

 About Valdor Technology International Inc.

Valdor is a high technology fiber optic components company specializing in the design and manufacture of fiber optic connectors, laser pigtails, splitters, and other optical and optoelectronic components, including some that use the Valdor proprietary and patented Impact Mount(TM) technology. Valdor’s Impact Mount(TM) technology is all-mechanical with no epoxy or matching gel. Valdor specializes in harsh environment products and in particular splitters and connectors.

About the Fiber Optics Industry

Fiber optics is the future of communications. 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 to fiber optics. A comprehensive global report on the fiber optic components market projects that it will reach US$42 billion by the year 2017.

Symbols: VTI.V / VTIFF.OTC 

www.valdortech.com

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Industry News

July 17 2013

BELL ALIANT’S FUTURE PROOF FIBREOP NETWORK COMING TO NORTH BAY, ON

 

Bell Aliant Inc. continues to grow its powerful FibreOP network by adding a third Ontario community — North Bay. The company will invest $13 million to offer its future-proof network to 20,000 North Bay premises, delivering the fastest Internet upload and download speeds, and the best digital TV experience in the market.

 

“We are thrilled to continue our expansion in Ontario by bringing this powerful technology to North Bay,” said Karen Sheriff, President and CEO, Bell Aliant. “Just like their neighbours in Sudbury and Sault Ste. Marie, customers in North Bay will be amazed by what FibreOP has to offer: The most amazing TV experience around and the fastest Internet download and upload speeds.”

 

North Bay is part of Bell Aliant’s operating territory. Through its strategic partnership with Bell, products are marketed under the Bell brand. FibreOP will be marketed as “Bell FibreOP.”

2013-05-27

 

TELUS INVESTING $700 MILLION THROUGHOUT ALL OF ALBERTA THIS YEAR

Telus Corp. is investing $700-million in new infrastructure and facilities across Alberta this year, part of a three-year, $2-billion commitment made a year ago and building upon the $26-billion Telus has already invested in operations and technology throughout the province since 2000.

This year, Telus’ infrastructure investment will advance our services for the benefit of Albertans, by:

Connecting hundreds of new homes and businesses directly to fibre optic cable to radically increase internet speeds and capacity and power Optik TV. Called GPON, or Gigabit Passive Optical network, the technology offers customers Internet speeds up to 50 megabits per second and will enable incredibly fast Internet speeds in the future.

Further extending Optik TV service to reach nearly 90 per cent of Alberta households by the end of 2013. Telus currently has 712,000 TV customers.