| SYMBOL: (TSX) LRL | June 13, 2008 | 12g3(b)82822 |
| SYMBOL: (OTC) LXRRF | PRESS RELEASE 03.2008 | S&P LISTED |
Luxor Reports First Quarter Sales
Luxor Industrial Corporation is pleased to report sales for the three month period ending March 31, 2008 were $253,177 compared to $227,417 for the same period of 2007. Sales for the fiscal year ended December 31, 2007 were $1,305,771 compared to $1,368,467 for 2006.
The net loss for the three month period ending March 31, 2008 was $38,509 compared to $113,181 for the same period of 2007.
In addition to manufacturing its patented IBS engineered bridging, the Company has the space and equipment to manufacture other products 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 custom cutting services including precision end trimming. In the first quarter, sales of these products and services represented 39% of overall sales. Luxor is currently focusing its IBS marketing efforts to secure needed distribution channels.
Luxor expects its continued expansion of markets and product lines will make a substantial contribution to its growth in the forward period.
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
- More about IBS
- IBS Video Presentation
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- Product Attributes
With Luxor's products you use less wood - get better results and save money!