Business
MEGLAB ADVANCES VALDOR PRODUCT LINES
MEGLAB ADVANCES VALDOR PRODUCT LINES
About this update from Valdor Technology International Inc
[{"type":"text","content":"\nMEGLAB ADVANCES VALDOR PRODUCT LINES\n\n\n Nov. 8, 2010 (TheNewswire.ca) -- Hayward, California - November 8, 2010: Valdor Technology International (OOTC:TCNI) Inc. (OOTC:VTIFF) (TSXV:VTI) (\"Valdor\")(TSX-V: VTI) is pleased to report on advances that Meglab Electronique Inc. (\"Meglab\") has made as a Valdor Distributor. Since July 19, 2010, when Valdor announced Meglab as Valdor's first Canadian distributor, Meglab has trained their sales team for marketing Valdor's various product lines. Meglab and Valdor have arranged video conference capability to enhance communication between Valdor's California operations, Meglab's sales team and Meglab's customers. Meglab is developing a customer base for the Valdor product lines and has identified mining customers for Valdor's Omega Field Installable Kit. This Omega Kit has various applications including: connectorizations, cable (OOTC:CBWWF) extensions, and service and repair.Mr. Elston Johnston, Director, stated: \"This sales development within the Meglab organization demonstrates horizontal sales growth by Valdor; Valdor is also continuing to develop vertical sales growth with more potential customers becoming interested in the various Valdor product lines. The Valdor product lines are being well received throughout the fiber optics industry.\"Meglab, located in Val-d'Or, Québec, has been in the mining and forestry industries since 1992. They specialize in the manufacture and distribution of electronic and electrical equipment and the design of specialized electronic circuits. They seek innovative solutions to enable them to present leading edge technological products and services to their clients. Meglab is involved with major mining projects where Valdor's field installable kits, connectors, service enclosures and cable enclosures (with miniature SP connectors) can be used.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 mi...