March 3, 2015, Ottawa, Canada — Magor Corporation (“Magor” or the “Company”) (TSX-V: MCC), a global leader in visual collaboration solutions, today announced that it has received purchase orders from two existing Canadian Federal Government department customers for the installation of 23 additional executive office and meeting room systems to be deployed across the country, expanding their abilities to improve productivity from collaborative interactions via video.
“We are pleased to have received these new orders as we continue to work with Shared Services Canada and our end user departments towards improving the standard of video-based communication and collaboration within the Federal Government of Canada,” said Mike Pascoe, President and CEO of Magor Corporation. “A high quality of experience, robust security and the ability to connect to remote offices over bandwidth challenged networks were key requirements for both of these departments. Our ability to deliver on these requirements in their earlier deployments has led to this phase of expansion, which will further broaden the capacity for both departments to collaborate more efficiently between their dispersed teams across the country.”
Magor’s visual collaboration technology allows users to securely interact through high definition video environments with the ability to collaborate with tools, such as documents, real-time and recorded video, specialized applications and whiteboards.
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 www.magorcorp.com.
Contacts
Mike Pascoe
President and CEO
Magor Corporation
+1 613 686-1731
mike.pascoe@magorcorp.com
Babak Pedram
Investor Relations
Virtus Advisory Group Inc.
+1 416 995-8651
bpedram@virtusadvisory.com
Paul Rusheleau
Senior Marketing Manager
Magor Corporation
+1 613 686-1731 ext. 5526
paul.rusheleau@magorcorp.com
This news release may contain “forward-looking information” within the meaning of applicable Canadian securities legislation. Statements made in this news release, other than those concerning historical financial information, may be forward-looking and therefore subject to various risks and uncertainties. The words “may”, “will”, “could”, “should”, “would”, “suspect”, “outlook”, “believe”, “plan”, “anticipate”, “estimate”, “expect”, “intend”, “forecast”, “objective”, “hope”, and “continue” (or the negative thereof), and words and expressions of similar import are intended to identify forward-looking statements. Certain material factors or assumptions are implied in making forward-looking statements and actual results may differ materially from those expressed or implied in such statements. Factors that could cause results to vary include those identified in the Corporation’s filings with Canadian securities regulatory authorities, as well as the applicability of patents and proprietary technology; the outcome of pending corporate transactions; possible patent ligation; regulatory approval of products in development; changes in government regulation or regulatory approval processes; government and third party reimbursement; dependence on strategic partnerships; intensifying competition; rapid technological change in the industry; anticipated future losses; the ability to access capital; and the ability to attract and retain key personnel. All forward-looking information presented herein should be considered in conjunction with such filings. Except as required by Canadian securities laws, the Corporation does not undertake to update any forward-looking statements; such statements speak only as of the date made.
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