OTTAWA, Nov. 3, 2014 /CNW/ - Magor Corporation ("Magor"
or the "Company") (TSX-V: MCC), a technology leader in visual
collaboration solutions, today announced that it has received an
initial purchase order through a partner as part of a new customer
win, to deliver HD Personal Terminal Units in the amount of US
$1,059,000. The Company
anticipates that most if not all of this order will be delivered
and installed by the end of the current fiscal year.
"We are pleased to have received such an order from an existing
partner for a new customer win, representing the largest single
order in the Company's history," said Mike
Pascoe, CEO of Magor Corporation.
About Magor Corporation:
Magor enables people to
engage in high-quality visual conversations while simultaneously
sharing, viewing and editing relevant collaborative material on
desktops, laptops, tablets, smartphone applications, whiteboards
and other devices. Magor fits any workflow so that users have the
freedom to work together naturally anytime, regardless of location,
network or device. To find out more about Magor Corporation (TSX-V:
MCC), visit our website at http://www.magorcorp.com.
Disclaimer in regards to Forward-looking
Statements
Certain statements included herein constitute "forward-looking
statements" within the meaning of applicable securities laws.
Forward-looking statements are necessarily based upon a number of
estimates and assumptions that, while considered reasonable by
management at this time, are inherently subject to significant
business, economic and competitive uncertainties and contingencies.
Investors are cautioned not to put undue reliance on forward
looking statements. Except as required by law, Magor does not
intend, and undertakes no obligation, to update any forward-looking
statements to reflect, in particular, new information or future
events.
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 Magor Corporation