OTTAWA, Aug. 9, 2013 /CNW/ - Magor Corporation (TSXV: MCC), a global leader in visual collaboration solutions, today announced that it has received a follow-on order through its Middle East partner for a government agency valued at $124,000 for installation of additional 32 All-in-One executive units across a number of its locations in the region. The units will be shipped in the current quarter. In addition, Magor expects maintenance and licensing fees, which equate to approximately 18% of the contract value to be paid annually.
"This order is phase three of a multi-phase program with this government agency, who is actively deploying visual collaboration solutions across its organization. This agency chose Magor over all other solutions in the Market, because of the quality of our service as well as significant cost savings that we provide in comparison to traditional video conferencing solutions," said Mike Pascoe, President and CEO of Magor Corporation. "Through our Middle East partner, Info Tech International, we continue to gain traction in the region, and this current order is a clear indication of the successful partnership we have in place. We also continue to work very closely with our other global partners to ensure successful and effective market expansion of our solutions across key regions."
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.
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
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