Luxell Provides Update Regarding Delayed Filing of 4th Quarter and Annual Reports



    TORONTO, Dec. 18 /CNW/ - Luxell Technologies Inc. (TSX:LUX) Further to
the Company's announcement of December 3rd, regarding the delay in its
financial reporting, Luxell is providing this update in accordance with CSA
Notice 57-301 - Failing to File Financial Statements on Time - Management
Cease Trade Orders and OSC Policy 57-603 - Defaults by Reporting Issuers in
Complying with Financial Statement Filing Requirements.
    The Company has continued to work diligently with its auditors and
believes that the Statements will be filed on or before December 31, 2007.
While not expected, if necessary, the Company will file further Bi-weekly
updates to ensure its compliance with these requirements.

    About Luxell

    Luxell designs, manufactures and licenses flat panel display technologies
and solutions for defence and avionics industries. 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, (905)
363-0325 ext 235, sdann@luxell.com

Organization Profile

LUXELL TECHNOLOGIES INC.

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