Luxor Appoints CanWel as its IBS 2000® Distributor for Canada

Luxor Industrial Corporation is pleased to announce the appointment of CanWel Building Materials Ltd. ( TSX CWX.UN ) as the sole distributor for its patented IBS 2000® Engineered Bridging in Canada. CanWel and Luxor will expand distribution of IBS 2000® throughout Canada. Currently Luxor's main markets are in British Columbia and Ontario. CanWel is one of Canada's largest independent distributors of building products with 12 Distribution Centres across Canada serving customers such as lumber yards, box stores, building material centres and manufactured housing companies.

As a leader in distribution of building materials, CanWel has committed to promoting and servicing the lumber joist and I-joist market for IBS 2000® to its extensive customer base in Canada.

In addition, CanWel is the Canadian distributor for Boise Cascade engineered wood products including BCI® and ALLJOIST® I-joists. The IBS 2000® will be incorporated into software programs in order that CanWel's EWP dealers can design the IBS 2000® with the I-joists. CanWel will market its EWP products using IBS 2000® as one of the integral components of a complete floor system.

Luxor will continue expansion of markets and products, using innovative concepts, technologies and materials to help builders create a superior product for less.

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
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Tel: (604) 684-7929 • Toll Free: (800) 665-2454 • Fax: (604) 683-2003
email: management@luxorcorp.com • Website: www.luxorcorp.com