Luxor’s Subsidiary Western Interlok Systems Secures an Order for its FastFrame™ Products for a Multi-Family Project in Arizona for Bridgewell Resources LLC

VANCOUVER, British Columbia, Aug. 11, 2016 (GLOBE NEWSWIRE) — Luxor Industrial Corporation (TSX:V:LRL) (OTC:LXRRF) a leading manufacturer and distributor of commercial and residential engineered wood products, today announced that its subsidiary Western Interlok Systems has won a multi-family contract in Arizona with Oregon based Bridgewell Resources LLC. The project will use Luxor’s FastFrame™ pre-fabricated window and door opening products. The job is underway with the first shipment having been made last week and the project is scheduled to be completed in September. http://luxorcorp.com/?page_id=417

Building window and door openings is time consuming and tedious for the framers. Luxor’s pre-fabricated wall and door openings are precision made for easy assembly on site. Framers save money as less time is required to put the openings into the walls. There is no waste in materials used as otherwise on the jobsite site long lengths are randomly cut to smaller pieces for the various openings resulting in considerable wood wastage. With Luxor’s precision cut openings no re-work is required after the walls are framed.

The Flagstaff, Arizona contract is the second FastFrame™ order in 2016 with Bridgewell. Luxor is expanding its presence in the United States through its turnkey framing business and as a result it is in contact with numerous companies involved in multi-family wood construction. The Company expects to significantly increase its FastFrame sales with Bridgewell and other contractors/framers.

About Bridgewell Resources LLC
Bridgewell is a business dedicated to supply chain management.

Bridgewell deals with customers around the globe to supply a comprehensive range of products to highly diversified markets with valued service and support. http://www.bridgewellresources.com/?gclid=CJaUjbv6t84CFUdlfgodv6UFGg

About Luxor Industrial Corporation

Luxor has vertically integrated through the recent acquisitions of turnkey framing companies in Canada and the United States. The Company now distributes Pre-Fabricated Wall Panels and a complete line of Multi-Family Engineered Lumber.  http://www.millframe.com

Luxor is involved in the development, engineering, manufacturing and marketing of engineered wood products. In the industrial sector, it manufacturers wood mat products.  In the residential sector, it manufactures its patented IBS 2000® engineered floor bridging, fire protected architectural wood products, and FastFrame™ wall components.  For further information, visit Luxor’s website at www.luxorcorp.com.

This news release contains forward looking statements. Although Luxor believes that the expectations reflected in these forward looking statements are reasonable, undue reliance should not be placed on them because Luxor can give no assurance that they will prove to be correct. Since forward looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Additional information may be accessed through the Sedar website: www.sedar.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

CONTACT: Contact:

Luxor Industrial Corporation

Terry Lashman
(800) 665-2454
(604) 684-7929

John Taylor
(877) 496-4355
(604) 864-9601

www.luxorcorp.com