TORONTO, April 1 /CNW/ - LOREX Technology Inc. ("LOREX") (TSX: LOX).
Digimerge Technologies Inc., the business division of LOREX Technology Inc.
specializing in servicing the North American professional security
surveillance market announces the appointment of Rafael Ramirez to the
position of Vice President Sales and Operations, Latin America.
Rafael has represented Samsung surveillance and security products in
various capacities over the past 15 years and he brings to Digimerge and
LOREX, exceptional opportunity to expand the Company's presence in populous,
sophisticated and high growth countries in the Americas.
Henry Schnurbach, Chairman and CEO, LOREX Technology Inc. commented "Mr.
Ramirez in this newly created position as Vice President, Sales and
Operations, Latin America, will have the support of the experienced Digimerge
Technologies Group. With Rafael's sales expertise and his genuine customer
care, we will be in a position to also market LOREX's successful retail
offerings in a developing market where demand for security solutions continues
to significantly grow."
About LOREX Technology Inc.:
LOREX Technology Inc. ('LOREX') (TSX:LOX) provides businesses and
consumers with leading edge video surveillance security solutions and sells
its products through two distinct market channels under the LOREX and
Digimerge brands. The LOREX brand, which caters to both small business and
consumer markets, is available in over 9,000 retail locations across North
America and has an established market presence in the UK. The Digimerge
division distributes its products through major distributors in both North
America and Europe. Both groups 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., Digimerge Technologies
Inc., LOREX Corporation and Strategic Vista Corporation Limited, Hong Kong.
The TSX has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.
Certain information included in this news release contains statements
that are forward-looking, such as statements relating to anticipated future
revenues of the Company and the success of product offerings. Such
forward-looking information involves important risks and uncertainties that
could significantly affect anticipated results in the future, and,
accordingly, such results may differ materially from those expressed in any
forward-looking statements made by or on behalf of the Company.
For further information:
For further information: Jordan Schwartz, Chief Financial Officer, LOREX
Technology Inc., Phone: (905) 946-8589 ext 168, email@example.com,