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Last C$0.06 CAD
Change Today +0.01 / 20.00%
Volume 852.1K
VTI On Other Exchanges
As of 3:43 PM 09/3/15 All times are local (Market data is delayed by at least 15 minutes).

valdor technology internatio (VTI) Snapshot

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02/23/15 - C$0.14
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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 through 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

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. and Inteligencia e Infraestructura En America S. A. Executes Joint Venture Agreement

Valdor Technology International Inc. reported that a 50/50 joint venture agreement has been executed between Valdor and Inteligencia e Infraestructura En America S. A. TeleVal Inc., incorporated in Mexico, is the joint venture company. The mandate of this joint venture is to develop TeleVal as a leader in the Mexican and Latin American fibre optic technology markets. The imminent deregulation of Mexico's telecommunication industry and the very early stage of fibre-to-the-home deployment throughout Latin America are catalysts for this process. The Mexican telecommunications market is currently about $35 billion/year and is projected to grow at a 30% rate for the next few years. Valdor and Inteligencia will each provide 50% of the investment capital and share equally in the profits. Within the JV partnership, Valdor will provide: quality control practices and procedures; component procurement; operational procedures; technical transfer and training. Inteligencia will provide: engineering and assembly employees; sales and marketing employees; executive leadership and the physical facilities in Mexico. To satisfy the Mexican requirement for local content the JV will immediately establish a manufacturing facility within Mexico. The JV will supply and manufacture passive optical components including a full range of optical connectors, assemblies, patch panels and integrated optical solutions. The partnership is being structured to provide triple play solutions for the FTTx market sector; the content focus will be health care, security and education.

Canadian Telecom Acquires Valdor 1:32 Harsh Environment Splitter

Valdor Technology International Inc. announced that the fifth legacy Canadian telecom has now acquired a Valdor 1:32 harsh environment splitter. Each of these five telecoms has acquired one or more of the splitters for examination in their labs and/or environmental chambers or for installation into their fibre networks. These telecoms, in combination, provide hardwired telephone service to more than 90% of the Canadian population. The Valdor splitters are specifically designed for the North American fibre-to-the-premises (FTTP) and fibre-to-the-curb (FTTC) markets.

Valdor Technology International Inc. Announces Auditor Changes

Valdor Technology International Inc. announced that I. Vellmer Inc., Chartered Accountants, has resigned as auditor of Valdor, at the request of Valdor, effective November 18, 2014. The Valdor Audit Committee has considered the resignation of I. Vellmer and has recommended that Crowe MacKay LLP be appointed to fill the vacancy in the office of auditor, until the next annual general shareholders meeting.


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