LOREX Technology Inc. appoints new director and private placement update

By: 
TM Staff

Toronto-headquartered, video surveillance security firm  LOREX Technology Inc. has announced that Ms. Beverly Lyons FCA ICD.D, has been appointed to the board of directors of the Company.

Ms. Lyons is an experienced financial professional who acts as a business advisor for a variety of companies providing accounting and auditing advise as well as general management consulting. From 1980 to 2008, Ms. Lyons was an audit partner with PricewaterhouseCoopers LLP and its predecessor firms. Ms. Lyons is currently a member of the Institute of Chartered Accountants of Ontario and Institute of Corporate Directors.

LOREX provides businesses and consumers with video surveillance security solutions and sells its products through 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 the U.K. and has an established market presence online selling through major e-tailers and through its in-house webstore.

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.
 

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