News
Newlook Announces Record April Revenues
TORONTO, ONTARIO, May 5, 2008 - Newlook Industries Corp. (TSX Venture Exchange: NLI), ("Newlook") is pleased to announce that April 2008 unaudited consolidated revenues from continuing operations were a record CAD$3,383,000.
Retail segment revenues were approximately CAD$1,631,000 and commercial segment revenues were approximately CAD$1,752,000.
John G. Simmonds, Newlook CEO stated; "During the month of April the Company received accolades from both of our carrier partners. Our Broad Street store was our Saskatchewan carrier's number one location for cellular sales in 2007 and our Garden City Tier 2 store in Manitoba achieved highest sales volume growth at the annual dealer awards gala. Our retail staff and management are to be commended for a job exceptionally well done. Corporately we are on target for a record year and our Wireless Age subsidiary continues to purchase shares of its own common stock for cancellation. During April, 70,300 shares were acquired and year to date 849,100 common shares have been cancelled, representing approximately 1.5% of the outstanding stock on January 1, 2008."
Newlook Industries Corp., headquartered in Toronto, Ontario is a publicly traded company listed on the TSX Venture Exchange. For more information please call (416) 477-5656 or refer to www.sedar.com.
The management of the company, who take full responsibility for its content, prepared this press release. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This press release contains forward-looking statements relating to future events and results that are based on Newlook's current expectations. These statements involve risks and uncertainties including, without limitation, Newlook's ability to successfully develop and market its products, consumer acceptance of such products, competitive pressures relating to price reductions, new product introductions by third parties, technological innovations, and overall market conditions. Consequently, actual events and results in future periods may differ materially from those currently expected.
For more information contact:
John G. Simmonds
Chief Executive Officer
Newlook Industries Corp
Telephone: (416) 477-5656 x301
Newlook Announces Record April Revenues
TORONTO, ONTARIO, May 5, 2008 - Newlook Industries Corp. (TSX Venture Exchange: NLI), ("Newlook") is pleased to announce that April 2008 unaudited consolidated revenues from continuing operations were a record CAD$3,383,000.
Retail segment revenues were approximately CAD$1,631,000 and commercial segment revenues were approximately CAD$1,752,000.
John G. Simmonds, Newlook CEO stated; "During the month of April the Company received accolades from both of our carrier partners. Our Broad Street store was our Saskatchewan carrier's number one location for cellular sales in 2007 and our Garden City Tier 2 store in Manitoba achieved highest sales volume growth at the annual dealer awards gala. Our retail staff and management are to be commended for a job exceptionally well done. Corporately we are on target for a record year and our Wireless Age subsidiary continues to purchase shares of its own common stock for cancellation. During April, 70,300 shares were acquired and year to date 849,100 common shares have been cancelled, representing approximately 1.5% of the outstanding stock on January 1, 2008."
Newlook Industries Corp., headquartered in Toronto, Ontario is a publicly traded company listed on the TSX Venture Exchange. For more information please call (416) 477-5656 or refer to www.sedar.com.
The management of the company, who take full responsibility for its content, prepared this press release. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This press release contains forward-looking statements relating to future events and results that are based on Newlook's current expectations. These statements involve risks and uncertainties including, without limitation, Newlook's ability to successfully develop and market its products, consumer acceptance of such products, competitive pressures relating to price reductions, new product introductions by third parties, technological innovations, and overall market conditions. Consequently, actual events and results in future periods may differ materially from those currently expected.
For more information contact:
John G. Simmonds
Chief Executive Officer
Newlook Industries Corp
Telephone: (416) 477-5656 x301
