New Look Eyewear Inc.
TSX : BCI

New Look Eyewear Inc.

June 04, 2013 15:46 ET

New Look Eyewear Inc. Announces the Opening of its 72nd Store Following the Acquisition of Service d'Optique Jacques St. Laurent

MONTREAL, QUEBEC--(Marketwired - June 4, 2013) - New Look Eyewear Inc. (TSX:BCI) ("New Look") announced today the acquisition of Service d'Optique Jacques St. Laurent, operating an optical clinic located in Ste. Foy (Quebec). Following this acquisition, the clinic becomes the 72nd corporate store operating under the New Look banner and the second addition to the store network realized in 2013 after the opening of a new store at St. Eustache, north of Montreal.

Martial Gagné, President of New look commented: "This acquisition fits in nicely with our existing store network in the Quebec City region and is a quality operation. It will be the 9th New Look location serving this region".

Antoine Amiel, Vice-Chairman of New Look noted: "This is the first of several acquisitions of individual optical clinics the company intends to make in 2013 in key markets".

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 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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