Mexican Partnership Established
August 25, 2014 Valdor Technology (VTI.V) reported that a Letter of Intent for a joint venture partnership had been signed with Inteligencia e Infraestructura En America S. A. (“Inteligencia”). Inteligencia, located in Mexico City, markets, services and installs electrical equipment and fibre optic cable, to the telecommunications industry, throughout 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.
• Fiber optics is the future of communications. Fiber optic connectors are in demand.
• The basic product line of Valdor is all-mechanical, field installable fiber optic connectors that are revolutionary in that they do not require epoxies or index matching gels.
• The annual global market for fiber optic connectors is estimated to be $2 billion. The annual growth rate is estimated to be nearly 10‰.
• There are two technologies that Valdor has recently developed into revolutionary, next-generation products: (1) the Heptoport, (2) the Omega Enclosure.
• Directors and close associates own more than 65% of the fully diluted Valdor stock.
• Valdor owns several patents with its connector technology in strategic global regions.
• $20 million has been spent in R & D.
Valdor is a technology company with two divisions:
1) Valdor Fiber Optics, a fibre optic components company specializing in the design, manufacture and sale of fibre optic splitters, connectors, laser pigtails and other optical and optoelectronic components, including some that use Valdor proprietary and patented technologies. The company specializes in harsh environment products and in particular splitters and connectors;
2) Niagara Streaming Media, a streaming video business that holds four patents and markets the Niagara and GoStream product lines.
Fibre-to-the-home is the future for telephone, television and internet communications and streaming video is the future of television. The Valdor business plan incorporates growth by acquisition.
Valdor’s product lines visit www.valdor.com.
Website: www.valdortech.com |
