Valdor Technology International Inc. announced that Mr. Raj Kapany has been appointed to the Board of Directors. Mr. Kapany, an entrepreneur, is currently on the Boards of seven private technology companies. Mr. Rick Pogue has resigned to accept a managerial position with an international financial planner.

Mr. Mark Gustavson has resigned to accept an executive position with a biotech company. He will continue to act as a consultant to Valdor.