LOREX Announces Appointment of Barry Katsof to its Board of Directors

TORONTO, April 15 /CNW/ - LOREX Technology Inc. (the "Company") is pleased to announce the appointment of Barry Katsof to the Company's board of directors. Barry was a founder of Frisco Bay Industries in 1970 and, under his leadership, the company grew to become a leading innovator and provider of electronic security and money processing solutions, with 12 regional and district facilities across Canada and the United States. To fund its rapid expansion, Frisco Bay completed an IPO on the NASDAQ Stock Exchange in October 1993. Frisco Bay was acquired in January 2004 by StanleyWorks. Barry served as V.P. and Director of Business Development of StanleyWorks for two years following its acquisition of Frisco Bay, during which time revenues for the security division grew substantially through a number of significant acquisitions. Barry is also active in a number of charitable initiatives. He currently serves as president of the PNH Patients' Association of Canada, a group dedicated to the advocacy and support of patients with PNH, a rare blood disease. Barry's appointment to the board of directors remains subject to NEX approval. 

About LOREX Technology Inc.:

LOREX (NEX: LOX.H) 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 and in the UK. 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 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 THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. 

SOURCE LOREX Technology Inc.

For further information:

Reuben Klein
President & CEO
LOREX Technology Inc.
Phone: (905) 946-8589 ext 120
reuben.klein@lorexcorp.com
www.lorextechnology.com

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LOREX Technology Inc.

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