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Newlook Files Fiscal 2010 Financial Statements

TORONTO, ONTARIO — (Marketwire) — 07/19/11 — Newlook Industries Corp. (“Newlook” or the “Company”) (CNSX: NLI) announces that it has filed its audited consolidated financial statements for the year ended December 31, 2010, along with associated Management Discussion and Analysis, and Certifications (the “Annual Filings”).

With the filing of the Financial Statements, Newlook is finalizing work on its unaudited consolidated financial statements and associated material for the quarter ended March 31, 2011 (the “Interim Filings”) and anticipates filing these later this week.

The Ontario Securities Commission (“OSC”) suspended trading in the Company-s securities on May 9, 2011 due to the delay in submitting the Annual Filings. The Company is working diligently to submit the Interim Filings and other required materials so that a revocation of the current cease trade order may be made by the OSC.

Newlook Industries Corp., headquartered in King City, Ontario, is a publicly-traded company listed on the Canadian National Stock Exchange (CNSX). For more information please refer to . The management of the company, who take full responsibility for its content, prepared this press release. The CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this release. This press release contains forward-looking statements relating to future events and results that are based on Newlook-s current expectations. These statements involve risks and uncertainties including, without limitation, Newlook-s ability to successfully develop and market its products, consumer acceptance of such products, competitive pressures relating to price reductions, new product introductions by third parties, technological innovations, and overall market conditions. Consequently, actual events and results in future periods may differ materially from those currently expected.

Contacts:
Newlook Industries Corp.
Michael E. Duffy
Chief Administrative Officer
(905) 833-3072 x225

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