PACIFIC INSIGHT ELECTRONICS CORP. ANNOUNCES SECOND QUARTER RESULTS

Trading Symbol: PIH

VANCOUVER, Feb. 14 /CNW/ - (TSX: PIH) - Sales for the second quarter ended December 31, 2010 were $8.12 million, an increase of 9% from $7.41 million for the comparative quarter ended December 31, 2009. Sales for the six months ended December 31, 2010 were $16.01 million, an increase of 23% over the comparative 6 month period ending December 31, 2009. Second quarter results reported a net loss of $166,000 or 3cents per share compared with net income of $23,000 or 0cents per share in the prior year second quarter. Year to date results for the six months ending December 31, 2010 reported a loss of $39,000 or 1cents per share compared with a loss of $110,000 or 2cents per share in the prior year six month period ending December 31, 2009.

Pacific Insight Electronics Corp. (PI) designs, manufactures and delivers electronic products and full service solutions to the heavy truck, automotive and specialty markets. PI designs and distributes its products and services to original equipment manufacturers and distributors in the United States and Canada.

The information in this news release was prepared in accordance with Canadian generally accepted accounting principles. To view the December 31, 2010 Financial Statements and Management Discussion & Analysis please visit www.pacificinsight.com or www.SEDAR.com.

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

SOURCE Pacific Insight Electronics Corp.

For further information:

Email enquiries may be sent directly to investor@pacificinsight.com or via telephone: 1-800-995-1155.


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