Valdor Responds to $10,000,000 Request For Quote
September 2, 2015 – Vancouver, B.C.Valdor Technology International Inc. (“Valdor”) (TSX: VTI-V) (OTC: VTIFF) (Frankfurt: VZAA) is pleased to report that Valdor subsidiary, Valdor Fiber Optics, has submitted a $10,000,000 bid to a North American telecom company, in reply to their RFQ (request for quote) for a specific product relating to fibre-to-the-home installation.
Valdor Fiber Optics has begun the manufacture of samples of this product for demonstration purposes, as part of the tender process. The product is scheduled to be installed in the telecom’s optical fibre network during the calendar years 2016 and 2017. The samples will be available, before the end of October 2015, for examination and testing and an announcement of the chosen vendor is expected to be made by the telecom company during the fourth quarter of 2015.
Mr. Ron Boyce, Executive VP Sales and Marketing, states: “These are very exciting times for Valdor. Major telephone companies throughout the world are beginning to roll out fibre-to-the-home infrastructure. Over the next few years consumers will have the opportunity to take advantage of extremely fast telecom networks and Valdor will be helping to supply the physical infrastructure. We anticipate on-going tender opportunities with several North American and Latin American telecom companies.”
Valdor is attending the OSP (outside plant) Expo in Denver Colorado. This trade show runs September 1 – 3 at the Colorado Convention Center in Denver, Colorado. Trade shows are an effective platform for Valdor to showcase technology and products to international exhibitors, to launch new products, and to increase customer awareness. This conference includes educational sessions, networking opportunities, and exhibits.