Vancouver, BC – October 29,
2014: Valdor Technology International Inc. (“Valdor”) (TSX-V: VTI) (OTC: VTIFF) (Frankfurt: VZAA) is pleased to
report that during Valdor’s recent Annual General Meeting all proposals
presented by Management were approved by the shareholders with more than 99% of
votes in favour.
Three new Directors were elected to
the Board:
Mr. Robert Sanderson is a
self-employed businessman. He owns and operates agricultural businesses in
southern Manitoba. He has been a major shareholder in numerous junior
public companies and he currently holds an investment of more than 8% of the
Valdor market cap.
Mr. Anand Gokel completed a
Bachelor of Arts in Economics (B.A.Ec.) from the University of California -
Irvine. Mr. Gokel is a self-employed businessman/hotelier. He owns and manages
hotels in the San Francisco Bay Area of California.
Mr. Ryan Pavey completed a
Bachelor of Science with Honors (B.Sc.Hons.) in Physics and a Bachelor of
Science in Mechanical Engineering (B.Sc.M.E.), both from the University of
Alberta. Mr. Pavey practices in the field of Mechanical Engineering and is a
self-employed Consulting Engineer.
About Valdor Technology
International Inc.
Valdor is a technology company with
two divisions:
1) Valdor Fiber Optics, a fiber
optic components company specializing in the design, manufacture and sale of
passive fiber optic components, including some that use Valdor proprietary and
patented technologies. The company specializes in harsh environment
products. Valdor is focused on the roll-out of fibre-to-the-home in North
America with a unique and compelling splitter design and the roll-out of
fibre-to-the-home in the telecom sector in Mexico and Latin America and
deregulation of the telecom sector in Mexico;
2) Niagara Streaming Media, a
streaming video business that owns four patents and markets the Niagara and
GoStream product lines.
Fiber-to-the-home is the future of
telephone, television and internet communications and streaming video is the
future of television. The Valdor business plan incorporates growth by
acquisition.
For further information on Valdor’s
product lines please visit www.valdor.com.
Company Website www.valdortech.com