Newlox Gold Ventures Corp.CSE: LUX

Luxell's Aktelux selected to supply display systems by Oerlikon for Belgian ARROWS program

· Issued by Newlox Gold Ventures Corp. via CNW
TORONTO, Aug. 23 /CNW/ - Luxell Technologies Inc. (TSX:LUX) announced
today that its Aktelux subsidiary has been selected by Oerlikon Contraves
(Canada) Inc. to supply 10.4" LCD display systems for their Advanced
Reconnaissance and Remotely Operated Weapon System (ARROWS) program. Oerlikon
Contraves is a leading systems integrator based in Saint-Jean-sur-Richelieu,
Quebec.
The custom designed display, which is destined for use in a Multi-Purpose
Protected Vehicle manufactured by Krauss-Maffei Wegmann (KMW) for the Belgian
Defence forces will take advantage of the significant expertise Luxell has
developed in display technologies.
This order is for an initial quantity of 212 display systems, valued in
excess of CAD $1M, and includes an option clause for an additional 112
systems.
This contract is in addition to other Oerlikon contracts previously
received for various tablet computer display systems and ruggedized terminal
displays installed in man-machine interface systems for in-vehicle and remote
operation applications.
John Wright, Luxell's CEO, said that "This is our 6th Oerlikon contract
in 18 months and represents the kind of specialized business in which Luxell's
Aktelux design and production team have come to excel. This type of contract
enables us to work with and demonstrate the substantially wide and valuable
display knowledge we have developed over the years and to apply that knowledge
to deliver highly specialized display systems."
Louis Joubert, President of Aktelux added "We are pleased to have been
selected to be part of the Oerlikon program. We see Oerlikon as a world-class
defence systems integrator and it is especially rewarding for us to continue
to build our business in this category as part of an overall strategy to
establish more strategic relationships with companies in the Oerlikon class.
In the current year Aktelux has secured a total of 9 new contracts so far,
enabling it to build its backlog to in excess of CAD $14M, a clear indication
we have established our place in this dynamic, expanding market"

About Aktelux Corp.
Aktelux designs and manufactures high performance flat panel display
solutions for defence and avionics industries worldwide. Aktelux is a wholly
owned subsidiary of Luxell Technologies Inc. Luxell is a publicly traded
company on the Toronto Stock Exchange, under the symbol LUX. More information
can be found at www.luxell.com, and www.aktelux.com.
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