Pacific Insight Electronics announces annual results



    Trading Symbol: PIH-T

    NELSON, BC, Sept. 24 /CNW/ - For the year ended June 30, 2007, sales were
$34.2 million as compared to $39.3 million for the year ended June 30, 2006.
Sales for the fourth quarter of 2007 were $6.6 million as compared to
$10.6 million for the fourth quarter of 2006. Year to date earnings per share
were 35 cents per share as compared to 44 cents per share for the comparative
year. Net earnings in the fourth quarter were $155,000 or 2 cents, as compared
to $870,000 or 14 cents for the same period last year.
    Please visit www.pacificinsight.com or www.SEDAR.com to view the Audited
Financial Statements, Notes, Managements Discussion & Analysis, and Annual
Information Form.

    
      The following chart provides an overview of key financial results
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                              For the three
    All figures in             months ended            For the year ended
    Canadian dollars             June 30                     June 30
                       ------------------------------------------------------
                           2007          2006          2007          2006
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    Sales              $ 6,584,007   $10,551,276   $34,209,386   $39,254,127
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    Net earnings       $   155,094   $   870,007   $ 2,200,793   $ 2,896,124
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    EBITDA             $   516,783   $ 1,684,137   $ 4,830,212   $ 5,990,565
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    EPS fully diluted      2 cents      14 cents      35 cents      44 cents
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    Pacific Insight (PI) provides leadership in the planning, design and
manufacturing of innovative electronic solutions for the transportation
industries. As an integrated designer and manufacturer, PI is committed to
responsive, value-added product development for customers, and proprietary
product development for the transportation industries. For additional
information about PI, its products and services, please visit
www.pacificinsight.com.

    THE TSX EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT THE RESPONSIBILITY
    FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE. MANAGEMENT ACCEPTS
    FULL RESPONSIBILITY FOR THE INFORMATION CONTAINED HEREIN.




For further information:

For further information: regarding this release, please email
investor@pacificinsight.com or contact Stuart Ross at 1-800-995-1155


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