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valdor technology internatio (VTI) Snapshot

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09/23/13 - C$0.15
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valdor technology internatio (VTI) Details

Valdor Technology International Inc. is engaged in the development, manufacture, and marketing of fiber optic products. It operates though two divisions, Valdor Fiber Optics and Niagara Streaming Media. The Valdor Fiber Optics division specializes in the design, manufacture and sale of fibre optic splitters, connectors, laser pigtails, and other optical and optoelectronic components. The division also offers harsh environment products and in particular splitters and connectors. The Niagara Streaming Media division is involved in the streaming video business. This division holds four patents and markets the Niagara and GoStream product lines. The company also provides build out attenuators, wavelength division multiplexers, dense and coarse wavelength division multiplexers, and single mode cable assemblies; and field termination hand tool kits, Impact Mount LC connectors, Impact Mount ST/SC connectors, Impact Mount SP miniature connector kits, Impact Mount FC connectors, Impact Mount SMA connectors, HeptoPort KSC multi-channel connectors, OMEGA field termination kits, OMEGA rigid and flexible enclosures w/SP mini kits, service enclosure with IMT splice connectors, and Impact Mount singlemode laser pigtails. The company sells its products primarily in the United States, Europe, Asia, and internationally. It primarily serves mining, oil exploration, military, aerospace, medical, industrial, FTTx, data, telecom, security, and original equipment manufacturing markets. The company was formerly known as Valdor Fiber Optics Inc. and changed its name to Valdor Technology International Inc. in July 2008. Valdor Technology International Inc. was founded in 1984 and is based in Vancouver, Canada.

Founded in 1984

valdor technology internatio (VTI) Top Compensated Officers

President and President of Valdor Fiber Optic...
Total Annual Compensation: $69.6K
Chief Financial Officer, Director and Member ...
Total Annual Compensation: --
Vice President of Sales & Marketing, Director...
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

valdor technology internatio (VTI) Key Developments

Valdor Technology International Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Valdor Technology International Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported sales of $201,274 compared to $32,361 a year ago. Net loss attributable to parent company was $751,004 compared to $751,147 a year ago. For the six months, the company reported sales of $446,855 compared to $52,899 a year ago. Net loss attributable to parent company was $1,131,721 compared to $1,037,215 a year ago. Net cash used in operating activities was $1,180,113 compared to $1,140,721 a year ago. Acquisition of Videoware assets was $500,000.

Valdor Technology International Inc. Announces Resignation of Mr. Toledo as Director

Valdor Technology International Inc. announced that Mr. Toledo has tendered his resignation as Director which will allow him more flexibility in securing business opportunities for Valdor throughout Latin America.

Valdor Technology International Inc. Reports Letter of Intent for Joint Venture Partnership Signed with Inteligencia E Infraestructura En America S. A

Valdor Technology International Inc. reported that a letter of intent for a joint venture partnership has been signed with Inteligencia e Infraestructura En America S. A. It is proposed that Valdor will provide quality control practices and procedures, component procurement, operational procedures, technical transfer and training. It is proposed that Inteligencia will provide the engineering and assembly employees, sales and marketing employees, executive leadership, and the physical facilities in Mexico. Valdor and Inteligencia will each provide 50% of the investment capital and share equally in the profits. To satisfy the Mexican requirement for local content, the joint venture will ultimately, but not immediately, establish a manufacturing facility within Mexico. The joint venture will initially supply and ultimately manufacture passive optical components including a full range of optical connectors, assemblies, patch panels and integrated optical solutions. Mr. Toledo has tendered his resignation as a Valdor Director; this will allow him more flexibility in securing business opportunities for Valdor throughout Latin America. The joint venture partnership will be structured to provide triple play (voice, data &multi-media) solutions for the FTTx and streaming video market sectors; the content focus will be health care, security and education.


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