Newlox Gold Ventures Corp.CSE: LUX

Luxell Reaches Payment Milestone: Completes Design Stage for Military Retrofit Program

· Issued by Newlox Gold Ventures Corp. via CNW

TORONTO, Sept. 17 /CNW/ - Luxell Technologies Inc. (TSX:LUX) announced today that it has reached an important payment milestone by successfully completing the design review stage of a program aimed at retrofitting one of its rugged displays for military use.

"Completing the design phase is a significant step in our mandate to develop prototypes of very specialized rugged displays that we believe that can be successfully retrofitted within existing military equipment," said Jean-Louis Larmor. "The experience gained in this project will be extremely beneficial as other retrofit opportunities continue to emerge."

As announced previously, Luxell signed an agreement valued at approximately $400,000 (US) to develop customized liquid crystal display (LCD) prototypes that provide improved flight situation awareness data to military pilots.

The next phase of the program will involve delivery of the first units to the US-based customer as well as integration on the customer's test bench.

About Luxell
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Luxell designs, manufactures and licenses flat panel display technologies and product solutions for the aerospace and defense sectors. Luxell is an ISO certified company. More information can be found at www.luxell.com. (C) Luxell Technologies Inc., Luxell and Black Layer are trademarks of Luxell Technologies Inc. All other company and/or product names are trademarks and/or registered trademarks of their respective manufacturers.

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