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All Press Releases for June 5, 2004 Subscribe to this News Feed    
 

Luxor Reports Another Record Month

Luxor Industrial Corporation is pleased to report that sales of its patented IBS 2000® Load Sharing Connectors reached a record level of 27,680 units in May. The May record for IBS 2000® sales follows the overall sales record of $194,520 set in April. The record is the result of increased specification of IBS 2000® by engineers and designers that have been targeted by Luxors marketing and sales programs.

(PRWEB) June 5, 2004 -- Luxor Industrial Corporation is pleased to report that sales of its patented IBS 2000® Load Sharing Connectors reached a record level of 27,680 units in May. The May record for IBS 2000® sales follows the overall sales record of $194,520 set in April. The record is the result of increased specification of IBS 2000® by engineers and designers that have been targeted by Luxors marketing and sales programs. The success achieved in April and May provides endorsement for the Companys marketing strategy and the funds to continue its expansion," says Luxors President, Terry Lashman.

Luxor is continuing to conduct market research on innovative building products that will capitalize on the growing trend to factory built housing components and the use of engineered wood products. Prominent production builders and framers have been very receptive to the innovative approach that Luxor is taking to supplying their traditional products.

We look forward to an exciting year in Luxor with the introduction of new product lines and increasing sales into the United States and the United Kingdom. The expansion of product lines and markets has the potential to substantially accelerate Luxors growth in the forward period.

Luxor has spent many years in Research and Development, analyzing wood-frame floor construction, while establishing itself as a leading authority in building systems innovations in North America. Luxor has developed the IBS 2000® Connectors and FastFrame Building components. Luxor markets, manufactures, and distributes the IBS 2000® Load Sharing Connectors and FastFrame window and door components.

Trading Symbol: (TSX) LRL
12g3(b)#82822
Trading Symbol: (OTC) LXRRF      
Standard & Poor's Listed

For further information contact Todd Weigel or Terry Lashman at (800) 665-2454 or (604) 684-7929 or visit Luxor's website at www.luxorcorp.com.

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Todd Weigel
LUXOR INDUSTRIAL CORPORATION
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