Business NewsMarketWire • New Look Eyewear Inc. (Formerly Benvest New Look Income Fund) Announces Record 2009 Results - Increases in Revenues, EBITDA and Net Earnings

New Look Eyewear Inc. (Formerly Benvest New Look Income Fund) Announces Record 2009 Results - Increases in Revenues, EBITDA and Net Earnings

New Look Eyewear Inc. (Formerly Benvest New Look Income Fund) Announces Record 2009 Results - Increases in Revenues, EBITDA and Net Earnings

MONTREAL, QUEBEC--(Marketwire - March 17, 2010) - New Look Eyewear Inc. (TSX:BCI) ("New Look"), as the successor of Benvest New Look Income Fund (formerly TSX:BCI.UN) (the "Fund"), announced today that for the Fund's fiscal year ended December 31, 2009, eye care operations generated revenues of $69.0 million and an EBITDA(1) of $11.0 million, representing increases of 9.7 % and 5.8% respectively over the last year. Net earnings were $5.4 million ($0.54 per unit) representing an increase of $0.2 million or 3.6% over last year. Revenue growth is attributable to sales increases in both comparable stores and new stores and a strong fourth quarter.

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