Valdor Splitters Installed in Telecom Networks
March 9, 2015 - Vancouver, B.C.
Valdor Technology International Inc. ("Valdor") (TSX: VTI-V) (OTC: VTIFF) (Frankfurt: VZAA) is pleased to report that the fifth legacy Canadian telecom has now acquired a Valdor 1:32 harsh environment splitter. Each of these five telecoms has acquired one or more of the splitters for examination in their labs and/or environmental chambers or for installation into their fibre networks. These telecoms, in combination, provide hardwired telephone service to more than 90% of the Canadian population. The Valdor splitters are specifically designed for the North American fibre-to-the-premises (FTTP) and fibre-to-the-curb (FTTC) markets.
The most recent "Canadian Census" reports there are 12,437,500 households in Canada. The most recent "Industry Canada SME Research and Statistics" reports there are 1,107,540 employer businesses in Canada. This is a total of about 13,500,000 sites throughout Canada to connect FTTx. A total of 423,000 1:32 splitters would be required to accommodate this market. If these splitters were to be installed over a ten year period at a (budget) price of $1,000 each, the Canadian annual market would be $42,300,000 for 42,300 splitters. According to the "Canadian Radio-television and Telecommunications Commission", effective 2013, Canadian market penetration of FTTP was 2.9% and FTTC was 23.5%. As end-users demand higher speeds in FTTx, the telecom with the highest quality network will gain the most market share.
Mr. Ron Boyce, Executive VP Sales & Marketing, states: "We designed our 1:32 harsh environment splitters to be rated for temperatures of -55°C; before they leave the factory, we test and document every module from -65°C to +110°C. We know of no other splitter that is rated for better than -40°C and many rated at -40°C begin to fail before they reach that temperature. It is our intention to provide much needed support for the roll-out of FTTx in locales that are subject to harsh, and especially extreme cold, environments. The only region of Canada not subject to cold winters is the Lower Mainland of British Columbia."
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 fiber optic splitters, connectors, laser pigtails and other optical and optoelectronic components, including some that use the Valdor proprietary and patented Impact Mount™ technology. The company specializes in harsh environment products and in particular splitters and connectors;
2) Niagara Streaming Media, a streaming video business that owns four patents and markets the Niagara and GoStream product lines. Streaming video is the future of television.
The Valdor business plan incorporates growth by acquisition.
About Valdor Technology International Inc. (www.valdortech.com)
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™ technology. Valdor specializes in harsh environment products and in particular splitters and connectors. Valdor's business plan incorporates growth by acquisition. For information on Valdor's product lines please visit www.valdor.com.
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On Behalf Of the Board of Directors of
VALDOR TECHNOLOGY INTERNATIONAL INC.
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.