Business
Valdor Technology International Inc. Announces African Distributor Markets Valdor Products
Hayward, California - February 8, 2012: Valdor Technology International Inc. ("Valdor") (...
About this update from Valdor Technology International Inc
[{"type":"text","content":"\nValdor Technology International Inc. Announces African Distributor Markets Valdor Products\n\n\n\n\nHayward, California - February 8, 2012: Valdor Technology\nInternational Inc. (\"Valdor\") (TSX-V: VTI) is pleased to\nreport that Strong DSiV Africa (\"Strong DSiV\"), a\ndistributor and installer located in Equatorial Guinea, has evaluated\nValdor's Impact Mount(TM) kits and connectors and made an initial\npurchase order. In addition, a formal Distribution Agreement, between\nStrong DSiV and Valdor, has been executed for the marketing and sale\nof the Valdor line of fiber optic products. Strong DSiV is a local\ntelecommunications installer whose main focus is shipboard\nmaintenance, renovation and repair.\n\n\n\nAfrica has been largely ignored in the development of the Internet,\nbut this is changing rapidly with\n\n\n\ntelecommunication companies forming alliances with financial\ninstitutions to bring data connectivity into Africa. West Africa Cable\nSystem (WACS) is the latest and biggest submarine cable to connect\nAfrica to the world through the Internet. Optical cable has been laid\nfrom the United Kingdom to the tip of South Africa and is branching\ninto several countries along the west coast of Africa. The cable\nsystem is 14,000 km long and is being installed by Alcatel-Lucent.\n\n\n\nAbout the Fiber Optics Industry: Fiber optics is the future of\ncommunications and fiber optic connectors are one of the major profit\ncentres within this market. The signal transmission business is in the\nearly stages of a fiber optics bull market. All signal transmission,\nin their many and various forms, are being converted from electrical,\nusing copper wire and coaxial cable, to fiber optics. In the USA the\nObama administration has recently pledged an initial US$7.2-billion to\na plan that calls for 100 million Americans to have access to super\nhigh speed internet. This high speed internet will require significant\nfiber optic infrastructure. The annual global market for fiber optic\n\n\n\nconnectors is estimated to be about US$2 billion\n(http://ibnresearch.wordpress.com/2011/02/04/fiber-opticconnectors/)\nand this market is projected to grow at a compound annual growth rate\nof 9.6%.\n\n\n\nAbout Valdor Technology International Inc. (www.valdortech.com):\nValdor is a high technology fiber optic components company\nspecializing i...