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LOREX Technology announces Latin America expansion
Wednesday, April 01, 2009 2:55 PM


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.

%SEDAR: 00008315E

(Source: CNW )


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