TORONTO, ONTARIO — (Marketwire) — 10/25/12 — LOREX Technology Inc. ("Lorex" or the "Company") (TSX V: LOX) has entered into a definitive agreement with FLIR Systems, Inc. ("FLIR") (NASDAQ: FLIR) pursuant to which all the outstanding shares of Lorex will be acquired by FLIR for a price of CDN $1.30 per share in cash. The CDN $1.30 per share represents a premium of approximately 35.4% to Lorex-s closing share price of CDN $0.96 on October 24, 2012. A copy of the
