New Look Eyewear Inc.

New Look Eyewear Inc.

June 25, 2013 13:42 ET

New Look Eyewear Inc. Announces a New Business Initiative

MONTRÉAL, QUÉBEC--(Marketwired - June 25, 2013) - New Look Eyewear Inc. (TSX:BCI) ("New Look") announced today a new business initiative to affiliate with and invest in independent optical clinics serving markets and market segments not currently served under the New Look banner. Pursuant to such arrangements, New Look will provide certain optical products, services and systems to the affiliated clinics. To-date in 2013, two such arrangements have been concluded: one in Ontario and the other in Québec.

Martial Gagné, President of New look commented: "These are the fifth and sixth new opportunities, consisting of four corporate stores and two affiliated clinics added by the company since the beginning of 2013".

Antoine Amiel, Vice-Chairman of New Look noted that: "This is a natural extension of our business in markets and market segments not currently served by our banner".

As of May 31, 2013, New Look had 10,400,699 Class A common shares issued and outstanding. New Look is a leader in the eye care industry in Eastern Canada having a network of 74 corporate stores under the New Look banner, two affiliated clinics and a laboratory using state-of-the-art technologies.

This press release may contain forward-looking statements that reflect the current views and / or expectations of New Look with respect to its performance, business, and future events. Such statements are subject to a number of risks, uncertainties, and assumptions. Actual results and events may vary.

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