TORONTO, June 5, 2012 /CNW/ - LOREX Technology Inc. ("LOREX" or the "Company") [TSXV: LOX] is pleased to announce it has successfully launched and fully transitioned to a new website http://www.lorextechnology.com/, utilizing the Oracle/ATG E-Commerce solution. This new online platform will achieve greater website functionality and scalability.
"Due to the growth of our business and to meet current and anticipated future online requirements, including customer service for our leading line of security products, Lorex needed a more modern and state of the art E-Commerce solution," stated Chairman and CEO, Reuben Klein. "Through our investment in the Oracle/ATG backed website and following our successful transition to the new site, we can now provide our customers with improved browsing speed, easier navigation and better information flow; including: upgraded access to product solutions and content; the addition of easy to follow instructional videos for home installation; and improved registration and support services. Powering some of the world's largest consumer-facing companies, Oracle/ATG is a well-known and top-rated E-Commerce platform provider. They are experienced and accountable; and provide a platform that is flexible and scalable. We are confident this is the right choice for Lorex to support our future growth," concluded Mr. Klein.
About LOREX Technology Inc.:
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. 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 and monitoring 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 policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.
Cautionary Statement on Forward-Looking Information
This news release contains certain statements that may be deemed "forward-looking statements". Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Forward-looking statements in this press release relate to the Company's continued growth. The forward-looking information reflects predictions and possibilities and does not in any way reflect a guarantee. Factors which could cause actual results to differ materially from current projections include, among other things: competitive conditions in which the Company participates; changes in consumer spending; general economic conditions and normal business uncertainty; customer preferences towards product offerings; the occurrence of a pandemic or other catastrophic event which could create shortages of labour, products or services required to operate the business profitably; fluctuations in foreign currency exchange rates; changes in the Company's relationships with its suppliers. The Company cautions that this is not an exhaustive list of factors that may affect the forward-looking information contained in this press release. Potential investors and readers are urged to give careful consideration to all of these factors in evaluating any forward-looking information and are cautioned not to place undue reliance on such information. The Company disclaims any obligation to update forward-looking information, except as may be required by law.
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