VANCOUVER, BC / ACCESSWIRE / May 12, 2015 / Valdor Technology International Inc. ("Valdor") (TSX-V: VTI) (OTC: VTIFF) (Frankfurt: VZAA) is pleased to report that Valdor and its Mexican subsidiary, TeleVal Communication Technologies ("TeleVal"), is receiving strong demand for optical fibre products in the Mexican market.
TeleVal management is in advanced discussions with the Mexican division of an internationally recognized electronics company for TeleVal to be their Mexican passive optical fibre vendor. And during the past few weeks, TeleVal management has replied to several RFQ's (requests for quote) including one valued at more than US$500,000.
The Mexican telecommunications market, including services, is currently about $35 billion/year and is projected to grow at about a 30% rate for the next few years.
Mr. Jaime Alejandro Gomez Nunez, Director - TeleVal, states: "Growth in the Mexican optical fibre market is accelerating. With the roll out of fibre-to-the-premises, during the past few weeks, we have experienced several great new opportunities. Here in Mexico we are in the initial phase of a very exciting business environment."
Some of the anticipated solutions and product leaders that TeleVal will provide include: attenuators, splitters, cable assemblies, jumpers, enclosures, high density fibre management systems, wave division multiplexers and dense wave division multiplexers. The TeleVal target markets include: telecommunications, aerospace, medical, government, security, data storage and cloud, commercial and industrial.
About Valdor Technology International Inc. (www.valdortech.com)
Valdor is a communications technology company with a business plan that incorporates growth by acquisition. Valdor currently has three divisions:
1)Niagara Streaming Media, headquartered in Dallas, Texas, is an industry pioneer and global leader in the encoder hardware and software market. Niagara has numerous clients, including international television broadcasters, offices of worldwide local, state & federal governments, major universities around the globe and enterprise market Fortune 2000 clients. Thousands of Niagara systems have been deployed worldwide through its network of several hundred distributors and value added resellers. Niagara owns four patents and designs, manufactures and sells the Niagara and GoStream product lines. Streaming media encoders are the physical devices that are enabling streaming media to become the future of television and internet communications;
2)Valdor Fiber Optics, headquartered in San Francisco, California, is an optical fiber components company specializing in the design, manufacture and sale of passive fiber optic components, including some that use Valdor proprietary and patented technologies. Valdor is focused on harsh environment products for the roll-out of fibre-to-the-home in North America with a unique and compelling splitter design. Valdor has numerous clients and the Valdor splitters are installed in the optical fibre networks of Canadian telecoms. Fiber-to-the-home hard wiring will enable the bandwidth for television and internet communications of the future;
3)TeleVal Communication Technologies, headquartered in Mexico City, Mexico, is an optical fiber components company specializing in the design, manufacture and sale of passive fiber optic components. TeleVal is focused on the deregulation of the telecom sector in Mexico and the roll-out of fibre-to-the-home in Latin America. Fiber-to-the-home hard wiring will enable the bandwidth for television and internet communications of the future. TeleVal's parent companies have numerous clients throughout North America and Latin America.
*Study by the "Cooperation Organization for Economic Development" on the Mexican telecommunications industry & Mexican Government website "Instituto Federal de Telecomunicaciones" - www.ift.org.mx/iftweb/)
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SOURCE: Valdor Technology International Inc.