SOURCE: Level Vision Electronics

February 27, 2009 09:30 ET

LEVEL Vision Electronics' Sales Continue to Climb With Recent $1.8 Million Purchase Order

MONTREAL--(Marketwire - February 27, 2009) - LEVEL Vision Electronics Ltd. (PINKSHEETS: LVLV) today announced that its sales continue to climb despite current economic conditions and has confirmed a purchase order for US $1.8 Million dollars from one of the largest Telcos in Latin America.

LEVEL Vision Electronics Ltd. has been negotiating and homologating products for the Telco's logistics company since the beginning of 2008. The company's identity and information will be released shortly in an upcoming mutual press release. LEVEL also anticipates forecasted orders in 2009 for this region to be released shortly.

"This region represents a great opportunity for us to fulfill a segment of the industry left practically untouched by most competitors. Our unique Model of handset customization and working hand-in-hand with the Telcos is really giving us a phenomenal edge," said Jean-Francois Lefebvre, Vice-President of LEVEL Vision Electronics Ltd.

About LEVEL Vision Electronics

LEVEL Vision Electronics is an ODM / OEM (designer and manufacturer) of consumer electronics (mainly Wireless Handsets) primarily concentrating on the world's emerging markets. Through its Unique Business Model, LEVEL works hand-in-hand with the Telcos to customize the products to their specific targeted market requirements.

Our current products can be found online at www.levelelectronics.com and our upcoming related software products are currently under development.

Important Information About Forward-Looking Statements

All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.

A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.

Contact Information