An anonymous director reports

VALDOR TECHNOLOGY INTERNATIONAL INC.: $2,000,000 NON-BROKERED PRIVATE PLACEMENT

Valdor Technology International Inc. has arranged a non-brokered private placement for 20 million units at a price of 10 cents per unit. Each unit comprises one common share of Valdor and one non-transferable share purchase warrant. This private placement supplants the one announced on Jan. 7, 2013, which Valdor elected not to complete. Each warrant will allow the holder thereof to purchase one additional common share of Valdor at a price of 20 cents per share for a period of three years from the date of closing of the private placement. The warrants issued with the units will be subject to an acceleration provision. After four months have elapsed from closing, if Valdor's shares trade above 40 cents for 20 consecutive trading days, Valdor has the option to provide notice to the warrantholders that one-half of their warrants will expire if they are not exercised within 30 days. If Valdor's shares trade above 50 cents for 20 consecutive trading days, Valdor has the option to provide notice to the warrantholders that their remaining warrants will expire if they are not exercised within 30 days. A finder's fee may be paid relative to this private placement, pursuant to the policies of the TSX Venture Exchange. The proceeds from this private placement will be used for marketing of Valdor's fibre optic products, and for general working capital and current payables.