TORONTO, Sept. 19, 2011 /CNW/ - LOREX Technology Inc. (TSXV: LOX) (the
"Company") announced today that it has granted a total of 1,190,000
incentive stock options to a number of its directors, officers and
employees. Each such option is exercisable into one common shares
within a period of five years from the date of grant at an exercise
price of $0.55. All of the above-referenced options vest immediately
About LOREX Technology Inc.:
LOREX (TSX Venture: 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:
President & CEO
LOREX Technology Inc.
Phone: (905) 946-8589 ext 120