Inventronics Announces 2007 Q3 Results

Devalued US Dollar Creates Loss - New One Year Sales Contract Eliminates

Foreign Exchange Risks

CALGARY, Nov. 15 /CNW/ - Inventronics Limited (IVX:TSXV), a designer and manufacturer of metal enclosures for the communications, electronics and other industries in North America, today announced its 2007 third quarter financial results.

Inventronics reported sales of $5.155 million for the third quarter of 2007, which is 7% lower than the third quarter sales of $5.563 million in 2006. These sales reflect the strong telecommunications market and growing sales to new customers. However, the value of the sales was significantly reduced by the devaluation of the United States dollar. 75% of sales in the quarter were denominated in US dollars.

The net loss for the quarter ended September 30, 2007 was $327,000 or seven cents per share, compared to net earnings of $269,000 or six cents per share for the same quarter in 2006.

"The third quarter would have been a good quarter but for the dramatic negative effect of foreign exchange," said Dan Stearne, President and CEO. "On October 15 we commenced a new one year contract with our major US customer which raises our prices and sets them in Canadian currency. This eliminates virtually all of the Corporation's foreign exchange risk."

About Inventronics

Inventronics Limited designs and manufactures custom enclosures and other products for an array of customers in the telecommunications, electronics, traffic controls, electric utilities and computer services industries in North America. Inventronics' enclosures are sophisticated products that function as permanent packaging to address a variety of customer concerns including security, protection from the outside environment, ventilation and thermal management, noise abatement, aesthetics and styling, electromagnetic compatibility and component integration. The Corporation owns its ISO 9001-registered production facility in Brandon, Manitoba, and has sales and corporate offices in Calgary, Alberta.

Shares of Inventronics trade on the TSX Venture Exchange under the symbol "IVX." For more information about the Corporation, its products and its services, go to www.inventronics.com.

Inventronics' 2007 third quarter results will be filed with SEDAR at www.sedar.com by November 20, 2007.

Disclaimer

This news release contains forward looking information that represents the Corporation's internal projections, expectations, estimates or beliefs concerning, among other things, future operating results and various components thereof or the Corporation's future economic performance. These statements relate to future events or future performance. All statements other than the statements of historical fact may be forward-looking statements. In some cases, forward-looking statements can be identified by terminology such as "may", "will", "should", "expects", "projects", "plans", "anticipates", and similar expressions. The projections, estimates and beliefs contained in such forward-looking statements are based on management's assumptions relating to the production performance of Inventronics' assets, the cost and competition throughout the telecommunications industry in 2006, and the continuation of the current regulatory and tax regimes in the jurisdictions in which the Corporation operates, and necessarily involve known and unknown risks and uncertainties, including risks and assumptions relating to exchange rates, costs of production, outlook for sales, and other factors that may cause actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Accordingly, readers are cautioned that events or circumstances could cause results to differ materially from those predicted. The Corporation does not undertake to update any forward-looking information in this document whether as to new information, future events or otherwise.

Selected Financial Information:

Income Statement Highlights     Three Months Ended     Nine Months Ended
                               Sept. 30,  Sept. 30,  Sept. 30,  Sept. 30,
                                   2007       2006       2007       2006

Sales                          $  5,155   $  5,563   $ 15,890   $ 15,711
EBITDA                             (102)       515        809      1,516
Net earnings (loss)            $   (327)  $    269   $    115   $    767
Earnings (loss) per share
 - Basic                      (7) cents    6 cents    3 cents   17 cents


Balance Sheet Highlights                       September 30, December 31,
                                                       2007         2006

Working capital                                    $    465     $ (2,918)
Capital assets                                        5,721        5,941
Long-term debt (excluding current portion)            3,050            -
Shareholders' equity                               $  3,159     $  3,023