Luxell Announces CEO Resignation and Appointment Of Interim CEO



    TORONTO, June 1 /CNW/ - Luxell Technologies Inc. (TSX:LUX), a leading
provider of ruggedized flat panel display systems and solutions in the global
avionics and defense sectors, announced today that it has accepted the
resignation of Alec Couckuyt, as the Company's CEO and from its Board of
Directors.
    At the same time, the Board of Directors is pleased to announce the
appointment of David Pasieka as interim CEO. David will be at the helm while
Luxell searches for a permanent CEO.
    David has more than 26 years of global experience with many of Canada's
leading technology companies, including Bell Canada, CNCP Telecommunications,
Unitel, MetroNet Communications, AT&T Canada, 724 Solutions, Oasis Technology
and eFunds International. He has recently been consulting with early stage
technology companies in turn-around or growth situations. David has also been
a member of the Luxell Board of Directors since late 2005 and chaired a number
of the Board's sub-committees in 2006. David has a mandate to move the Company
into the growth phase of the restructuring process. This will include new
financing and continued cost control and extension of the Luxell brand
worldwide.

    About Luxell
    ------------

    Luxell designs, manufactures and licenses flat panel display technologies
and product solutions for the aerospace and defense sectors. Luxell is an ISO
certified company.
    More information can be found at www.luxell.com. (C) Luxell Technologies
Inc., Luxell and Black Layer are trademarks of Luxell Technologies Inc. All
other company and/or product names are trademarks and/or registered trademarks
of their respective manufacturers.

    %SEDAR: 00008266E




For further information:

For further information: Luxell Technologies Inc., Simon Dann, Director
Corporate Communications & Investor Relations, (905) 363-0325,
sdann@luxell.com

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LUXELL TECHNOLOGIES INC.

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