TORONTO, Feb. 16, 2012 /CNW/ - LOREX Technology Inc. ("LOREX" or the "Company") [TSXV: LOX] announced today that as a part of its ongoing commitment to enhance its corporate image and public company brand within the investment community, the Company has published an investor presentation. The presentation is now available for download from the Investor Information section of the Company's corporate website www.lorexcorp.com
"It is a source of great pride that we continue to be recognized as technology innovators and market leaders in the "Do It Yourself" (DIY) consumer and professional advanced video security market. Our growth is outpacing the industry and we are delivering strong earnings to shareholders, having now achieved 12 consecutive quarters of positive EBITDA. We are positioned to continue to grow LOREX with sustained profitability; and this document is part of our ongoing communication and education effort with the investment community," stated Reuben Klein, CEO of LOREX.
A direct link to LOREX's investor presentation is now available at www.lorexcorp.com/IR
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 projected revenue. The forward-looking information reflects predictions 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. While the Company believes that its projections are reasonable, results predicted in this forward-looking information may differ materially from actual results. The Company disclaims any obligation to update forward-looking information, except as may be required by law.
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