LOREX to Commence Trading on the TSX Venture Exchange

TORONTO, Sept. 1, 2011 /CNW/ - LOREX Technology Inc. ("Lorex" or the "Company") is pleased to announce the listing and admission of its common shares for trading on the TSX Venture Exchange ("TSXV").

Reuben Klein, President and CEO, remarked:  "Achieving a listing on the TSXV is an important milestone in the Company's development and a testament to our sustained growth in recent years and bright prospects for the future.  Thanks to the concerted efforts of the Company's management and employees, Lorex has become a recognized leader in the video surveillance industry, providing cutting-edge security solutions to businesses and consumers.  We believe that our TSXV listing will dramatically enhance our profile within the investment community."

The common shares of Lorex will commence trading on the TSXV under the symbol "LOX" at the open of markets on September 2, 2011, and accordingly they will be delisted from the NEX board of the TSXV at the close of trading on September 1, 2011.

Concurrent with the Company's listing on the TSXV, 3,740,010 convertible preference shares ("Preference Shares") were converted, in accordance with their terms, into common shares on a one-for-one basis.  As a result, there are presently 35,134,288 common shares, 8,759,990 Preference Shares, and 150,000 class B special shares issued and outstanding.  A further 1,299,500 common shares are reserved for issuance upon the exercise of outstanding stock options.

About LOREX Technology Inc.:

LOREX (TSXV:  LOX) 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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