Business
Valdor Retains Investor Relations Firm
Valdor Retains Investor Relations Firm
About this update from Valdor Technology International Inc
[{"type":"text","content":"\nValdor Retains Investor Relations Firm\n\n\n May 18, 2010 (TheNewswire.ca) -- Hayward, California - May 18, 2010: The Board of Directors of Valdor Technology International (OOTC:TCNI) Inc. (OOTC:VTIFF) (TSXV:VTI) (\"Valdor\")(TSX:VTI) is pleased to report that Valdor has entered into a twelve month Investor Relations agreement with MarketSmart Communications Inc. (\"MarketSmart\"), a Vancouver-based investor relations firm. This agreement may be cancelled by either party with 30 days written notice. MarketSmart will initiate an investor awareness program which will include proactive outreach to MarketSmart's network of brokers, private investors and media contacts. MarketSmart (www.marketsmart.ca) may be contacted at 604-261-4466 or (toll free) 877-261-4466.Valdor has agreed to pay MarketSmart $5,000/month and has granted 400,000 incentive stock options at $0.17/share. These incentive stock options have been granted for a period of two years in accordance with the terms and conditions ofthe Company's Stock Option Plan. These transactions are subject to TSX Venture Exchange approval.Fiber optics is the future of communications and fiber optic connectors are one of the major profit centres within this market. All signal transmission, in its many and various forms, is being converted from electrical, with copper wire and coaxial cable, to fiber optics. The signal transmission business is in the early stages of a fiber optics bull market. The annual global market for fiber optic connectors is projected to grow to US$3.45 billion in 2011 (ElectroniCast Consultants www.electronicastconsultants.com). Valdor holds several patents on its connector technology in strategic global regions.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, laser pigtails and other optical and optoelectronic components using its proprietary patented Impact Mount™ and HeptoPort™ technologies.The Valdor line of connectors incorporates the user friendly and environmentally friendly Impact Mount™ technology. Valdor's patented Impact Mount™ technology is all-mechanical and does not require epoxy or index matching gel. The Impact Mount™ technology field installable terminatio...