TORONTO, July 27 /CNW/ - Luxell Technologies Inc. (TSX:LUX) announced today that its Chief Technology Officer, Dr Woo Young Kim, has accepted an invitation from Korea's Hoseo University in Asan City to join its faculty as Professor at the School of Display Engineering and Technology. "Dr Kim has provided us with invaluable guidance during his term with Luxell", said John Wright, CEO and President. "We believe that his world-class skills in Flat Panel Display (FPD) technologies will be most effectively leveraged in this new position where he will be in direct contact with the leaders in this field." Recognizing that manufacturing leadership is currently centred in the Asia Pacific region, with Korea assuming an ever-increasing role in the FPD technology field, Mr. Wright added, "The Company can readily appreciate the potential benefits resulting from having Dr Kim back in this environment." Hoseo University is closely aligned with many of the major Korean FPD manufacturers. Mr. Wright continued, "We believe that the probability of Luxell expanding its partnerships and collaborations in the region will be enhanced by Dr Kim's assumption of this new role." Mr. Wright confirmed that Dr. Kim will continue to provide technology guidance through his new role with Luxell as a member of its Advisory Board whose full mandate and membership will be announced shortly. About Luxell Luxell designs, manufactures and licenses flat panel display technologies and solutions for defence, avionics and consumer industries through its operating divisions, Aktelux and Luxell Research. More information can be found at www.luxell.com, www.aktelux.com and www.luxellresearch.com. (C) Luxell Technologies Inc. and Luxell are trademarks of Luxell Technologies Inc. All other company and/or product names are trademarks and/or registered trademarks of their respective manufacturers. 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. %SEDAR: 00008266E