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Luxell awarded contract from Oerlikon for development of displays for Netherlands FGBADS program
Published Apr 14 2005
5 min read

Luxell awarded contract from Oerlikon for development of displays for Netherlands FGBADS program

TORONTO, April 14 /CNW/ - Luxell Technologies Inc. (TSX:LUX) announced
today that the Company has been awarded a contract from Oerlikon Contraves
(Canada) Inc. of Saint-Jean-sur-Richelieu, Quebec for the development of
display systems for tablet computers. This innovative product will be used by
the Royal Netherlands Army in the Weapons Terminal as part of the Future
Ground Based Air Defence System (FGBADS) program for Stinger missiles. The
initial development contract is valued at CAD $45K (US $36K), with delivery of
prototype and pre-production units in the May-June 2005 timeframe. Oerlikon
has issued a Letter of Intent for a Phase 1 production order valued at
CAD $198K (US $160K), with a Phase II option of equivalent value.
Louis Joubert, Luxell's Chief Operating Officer and General Manager of
its Aktelux business unit, commented, "While of modest contract value, this
award is of great significance, both in adding further to our growing
'C Series' of high performance, land-based displays (as evidenced by previous
press releases), and expanding our strategic relationship with Oerlikon
Canada, as their preferred source for this class of display."

About OERLIKON CONTRAVES (CANADA) INC.
Oerlikon Contraves (Canada) Inc. (OC) is an internationally recognized
systems integrator specializing in the design, assembly, integration, testing
and delivery of complete advanced software, communications, defence and
transportation technology systems solutions. Established in Canada in June
1986 as Oerlikon Aerospace, OC is a member of the Rheinmetall Group of
Germany, globally active in the automotive parts, electronics and defence
systems sectors. More information can be found at www.oerlikon.ca.

About Luxell Technologies Inc.
Luxell designs, manufactures and licenses flat panel display technologies
and solutions for defence, avionics, and commercial industries through its
operating divisions, Aktelux and Luxell Research. Luxell is a publicly traded
company on the Toronto Stock Exchange, under the symbol LUX. More information
can be found at www.luxell.com, www.aktelux.com, and www.luxellresearch.com.

Forward-Looking Statements
This news release contains certain "forward-looking statements" that
reflect the current views and/or expectations of Luxell Technologies Inc. with
respect to its performance, business and future events. Such statements are
subject to a number of risks, uncertainties and assumptions. Actual results
and events may vary significantly.
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