TORONTO, Dec. 22 /CNW/ - Luxell Technologies Inc. is pleased to report on its progress in the company's on-going new business development efforts.
Alec Couckuyt, Luxell's CEO reports that "... we are starting to see the return on our efforts to stabilize the Luxell business and substantively maintain the support of our customers. This was confirmed by the final sign-off on a long-term supply contract worth 2.3 million Euro with Rheinmetall Defence Electronics of Bremen, Germany. We're also continuing to see major customers send in repeat orders for service and maintenance and view that as an excellent growth opportunity in our future operations."
Mr. Couckuyt also said that "in addition, we have started receiving completely new proposal and quotation requests and plan to provide further update reports on developments as they occur."
At the same time, John MacDonald, Luxell's Chairman, is pleased to announce confirmation of Mr. Couckuyt's appointment to the Board of Directors.
About Luxell
Luxell designs, manufactures and licenses flat panel display technologies and solutions for defence and avionics. More information can be found at www.luxell.com.
(C) Luxell Technologies Inc., Luxell and Black Layer are trademarks of
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