New Look Eyewear Inc.

New Look Eyewear Inc.

December 12, 2011 15:00 ET

New Look Eyewear Inc. Announces the Opening of Its 68th Store Following the Acquisition of Centre de la Vision R.F. in Drummondville

MONTRÉAL, QUÉBEC--(Marketwire - Dec. 12, 2011) - New Look Eyewear Inc. (TSX:BCI) ("New Look"), announced today the acquisition of Centre de la Vision R.F. Inc. operating an optical clinic located in Drummondville (Québec). Following this acquisition, the clinic becomes the 68th corporate store and is the second one serving the Drummondville area under the New Look banner.

Martial Gagné, President of New Look, commented; "We are pleased to welcome Dr. Laflamme and his associates of Centre de la Vision RF within New look's professional team. They are recognized as outstanding professionals in their local community.

This acquisition represents the fifth addition to New Look's network realized this year after Sorel, Sept-Îles, Cap-de-la-Madeleine (all three in Québec), and St. Laurent Center in Ottawa and is part of our aggressive growth program in Québec and Eastern Ontario."

On March 2, 2010, Benvest New Look Income Fund (formerly TSX: BCI.UN) was converted into a corporation named New Look Eyewear Inc. (TSX:BCI). As of November 30, 2011, New Look had 10,105, 732 common shares issued and outstanding. New Look is a leader in the eye care industry in Eastern Canada operating a network of corporate stores 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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