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Non-Tech : LUXOR INDUSTRIAL CORP. -- Worth checking out ! -- Ignore unavailable to you. Want to Upgrade?

To: Imal who wrote (100)	7/13/1998 11:22:00 PM
From: Gerald F Bunch	Read Replies (1) \| Respond to of 178

NEWS From: Luxor Industrial Corporation <luxor@intergate.bc.ca> Subject: Maryland Progress Report - July 14, 1998 Maryland Progress Report Luxor Industrial Corporation wishes to advise on progress with builders and retailers in Maryland. The Company has successfully introduced the patented IBS 2000 Load Sharing Floorsystem through its distributor, Snavely Forest Products of Baltimore. Snavely Forest Products initially introduced the IBS 2000 in March through Lowe's Contractor Yard in Frederick, Maryland. In excess of 50 installations have been completed, a number with some of the regions largest builders, including Admar, Dan Ryan, Harvard, Pleasant Walk and Kent Bridell. As initial installations continue to meet performance expectations and generate cost savings, many of these builders have specified the use of IBS 2000 in future projects. Due to a large influx of plans, a delay in processing blue prints was experienced by technical staff during May and June. This problem has been rectified, and as a result, Luxor and Snavely Forest Products are now introducing the IBS 2000 to other major retailers in Maryland, Pennsylvania, Delaware, and Virginia. Luxor is also concentrating sales efforts on other large builders and manufactured housing companies. Luxor is now able to supply IBS 2000 to this region on a more economical basis, as the assembly plant in Sunbury, Pennsylvania now has over 40,000 units of IBS 2000 in inventory. The stock includes 60 different sizes of IBS 2000 units for application with conventional lumber joists and engineered I-joists. This diverse stock in Sunbury eliminates shipments of small quantities from Luxor's manufacturing plant in Langley, BC. Luxor will focus sales efforts on large builders and building materials retailers who account for the majority of the regions residential construction. Once the IBS 2000 has been introduced to additional builders and retailers, the Company will also concentrate sales efforts on the regions largest architectural firms. The Company expects to disseminate further sales information in the near future. For further information contact Budd Iwaschuk at (604) 684-7929 or (800) 665-2454, or visit our website at www.luxorcorp.com.