LOREX Technology Investor Relations Presentation Available on Company Website
February 13 2012 - 2:18AM
PR Newswire (Canada)
TORONTO, Feb. 16, 2012 /CNW/ - LOREX Technology Inc. ("LOREX" or
the "Company") [TSXV: LOX] announced today that as a part of its
ongoing commitment to enhance its corporate image and public
company brand within the investment community, the Company has
published an investor presentation. The presentation is now
available for download from the Investor Information section of the
Company's corporate website www.lorexcorp.com "It is a source of
great pride that we continue to be recognized as technology
innovators and market leaders in the "Do It Yourself" (DIY)
consumer and professional advanced video security market. Our
growth is outpacing the industry and we are delivering strong
earnings to shareholders, having now achieved 12 consecutive
quarters of positive EBITDA. We are positioned to continue to
grow LOREX with sustained profitability; and this document is part
of our ongoing communication and education effort with the
investment community," stated Reuben Klein, CEO of LOREX. A direct
link to LOREX's investor presentation is now available at
www.lorexcorp.com/IR About LOREX Technology Inc.: LOREX Technology
Inc. ('LOREX') provides businesses and consumers with leading edge
video surveillance security solutions and sells its products under
the LOREX and Digimerge brands. The LOREX brand, which caters to
both small business and consumer markets, is available in thousands
of retail locations across North America. The Digimerge division
distributes its products through major distributors in North
America. Both brands concentrate on the sale of wired, wireless and
IP security surveillance and monitoring equipment including
cameras, digital video recorders and all-in-one systems. LOREX
subsidiaries include; LOREX Canada Inc., LOREX Corporation and
Strategic Vista Corporation Limited, Hong Kong. Neither TSX Venture
Exchange nor its Regulation Services Provider (as that term is
defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy of accuracy of this release.
Cautionary Statement on Forward-Looking Information This news
release contains certain statements that may be deemed
"forward-looking statements". Forward-looking statements are
statements that are not historical facts and are generally, but not
always, identified by the words "expects", "plans", "anticipates",
"believes", "intends", "estimates", "projects", "potential" and
similar expressions, or that events or conditions "will", "would",
"may", "could" or "should" occur. Forward-looking statements in
this press release relate to the Company's projected revenue. The
forward-looking information reflects predictions and does not in
any way reflect a guarantee. Factors which could cause actual
results to differ materially from current projections include,
among other things: competitive conditions in which the Company
participates; changes in consumer spending; general economic
conditions and normal business uncertainty; customer preferences
towards product offerings; the occurrence of a pandemic or other
catastrophic event which could create shortages of labour, products
or services required to operate the business profitably;
fluctuations in foreign currency exchange rates; changes in the
Company's relationships with its suppliers. The Company cautions
that this is not an exhaustive list of factors that may affect the
forward-looking information contained in this press release.
Potential investors and readers are urged to give careful
consideration to all of these factors in evaluating any
forward-looking information and are cautioned not to place undue
reliance on such information. While the Company believes that its
projections are reasonable, results predicted in this
forward-looking information may differ materially from actual
results. The Company disclaims any obligation to update
forward-looking information, except as may be required by law.
LOREX Technology Inc. CONTACT: Reuben KleinChairman and
Chief Executive OfficerLOREX Technology Inc.Phone: (905) 946-8589,
extension 120reuben.klein@lorexcorp.comwww.lorextechnology.com
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