Pacific Insight Electronics Corp. announces third quarter results

Trading Symbol: PIH

NELSON, BC, May 12 /CNW/ - Sales for the quarter ended March 31, 2010 reached $8.02 million, as compared to $4.57 million for the comparative quarter in 2009. Sales for the nine-month period were $21.08 million, as compared to $19.32 million a year earlier. The third quarter net income was $324,000 or 0.05 cents per share compared with net loss of $667,000 or $0.11 loss per share in the prior year. For the nine month period ending March 31, 2010 PI reported earnings per share of $0.03 compared to a net loss per share of $0.08, a year earlier.

To view the March 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: For further information: Email enquiries may be sent directly to investor@pacificinsight.com or via telephone: 1-800-995-1155


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