John Hammond Accepts Promotion to President of Niagara
April 22, 2015 – Vancouver, B.C.Valdor Technology International Inc. (“Valdor”) (TSX: VTI-V) (OTC: VTIFF) (Frankfurt: VZAA) is pleased to report that Mr. John Hammock has accepted a promotion to President of Valdor subsidiary, Niagara Streaming Media.
Mr. Hammock has extensive experience in international business development and sales with Fortune 500 accounts. He has held numerous high profile Senior VP roles in telecom, software and manufacturing companies including Newbridge Networks, Corvis and Voxpath Networks. As VP of Corvis, his team’s sales efforts were responsible for $238 million during the two year period preceding a successful $1.6 billion IPO. He has received numerous President Club and several Circle of Excellence awards. He held the position of VP Americas for Kaseena, a software platform company delivering IPTV and video applications and grew the business with greater than 32% growth over 16 consecutive quarters generating sales with AT&T, CenturyTel, Frontier and Cablevision. He holds a Bachelor of Economics degree from Texas Christian University.
Mr. Hammock states: “I am enthusiastic about accepting this position. I am excited about what the future holds, I see great opportunities on the horizon for Niagara, and I am proud to be part of the Valdor Group. The market for our product lines is growing, and ironically, but fortunately for us, several of our direct competitors have left the stage.”
Mr. Elston Johnston, Chairman – Valdor Technology, states: “John has proven his commitment to Niagara and Valdor during the past year. He is a formidable asset for our agenda and we are certain that he has ample ability to drive Niagara sales to world class levels.”
Valdor is a technology company with 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 and offices of the US Government. 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, 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. TeleVal’s parent companies have numerous clients throughout North America and Latin America. Fiber-to-the-home hard wiring will enable the bandwidth for television and internet communications of the future.
The Valdor business plan incorporates growth by acquisition. For further information on Valdor’s product lines please visit www.valdor.com.
On Behalf Of the Board of Directors of
VALDOR TECHNOLOGY INTERNATIONAL INC.
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