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:
President & CEO
LOREX Technology Inc.
Phone: (905) 946-8589 ext 120