| SYMBOL: (TSX) LRL | January 30, 2008 | 12g3(b)82822 |
| SYMBOL: (OTC) LXRRF | PRESS RELEASE 02.2008 | S&P LISTED |
Luxor Receives Second Order from IRLY Distributors Ltd.
Luxor Industrial Corporation is pleased to report that it has received a second order from IRLY Distributors Ltd., consisting of 270 bundles of conventional bridging and 384 bundles of survey stakes. In December, Luxor shipped its first order which consisted of 285 bundles of conventional bridging and 384 bundles of survey stakes.
IRLY Distributors, a member of two of the largest buying groups in Canada, Reliance Buying Group and Mutual Hardware, supplies products to building material retailers in British Columbia. IRLY Distributors is associated with forty-one IRLY Building Centres in British Columbia.
The Company is in discussions with other building materials chains regarding its various product lines.
In addition to manufacturing its patented IBS 2000® EWP Connectors, the Company has the space and equipment to manufacture other product and to provide custom services at its large facility in Greater Vancouver. Sales are increasing in wall components, conventional bridging, survey stakes, architectural detail products, wholesaling of engineered wood products and in custom cutting services including precision end trimming. Luxor is currently focusing its IBS 2000® efforts on securing needed distribution channels and tactics that support this initiative within its existing cash flow.
Luxor expects its continued expansion of markets and product lines will make a substantial contribution to its growth in the forward period.
Luxor Industrial Corporation wishes to advise that Kenneth J. McClelland has resigned as Director and Officer of Luxor. The Company wishes Mr. McClelland the best in his new endeavours.
Timothy A. Charman has been appointed Director of the Company. Mr. Charman is an employee at Luxor's subsidiary, Western Interlok Systems Ltd.
About Luxor Industrial Corporation
Luxor Industrial Corporation is based in Vancouver, British Columbia. Luxor has spent many years in Research and Development, analyzing wood-frame floor construction, while establishing itself as a leading authority in building systems innovations. Luxor markets, manufactures, and distributes its patented IBS 2000® as well as providing other products and services. Luxor is listed on the TSX Venture Exchange under the ticker symbol LRL.V and on the OTC under the ticker symbol LXRRF.
Luxor has spent many years in Research and Development, analyzing wood-frame floor construction, while establishing itself as a leading authority in North America. Luxor markets, manufactures, and distributes the patented IBS EWP Connectors, other building components and also provides custom cutting services.
For further information contact Kaycee Waters or Terry Lashman at (800) 665-2454 or (604) 684-7929 or visit Luxor's website at www.luxorcorp.com.
The TSX Venture Exchange has neither approved nor disapproved this announcement
Suite 702 - 889 West Pender • Vancouver, BC • V6C 3B2
Tel: (604) 684-7929 • Toll Free: (800) 665-2454 • Fax: (604) 683-2003
email: management@luxorcorp.com • Website: www.luxorcorp.com
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With Luxor's products you use less wood - get better results and save money!