NLI Newlook Industries Corp

Newlook Industries Corp. ("Newlook" or the "Company") (TSX VENTURE:NLI)
announces that it has filed its unaudited consolidated financial statements for
the three months ended September 30, 2010, along with associated management
discussion and analysis.


The Company continues to work with the TSXV on its reinstatement review process,
which was initiated in order to recommence trading of its shares. Trading in
Newlook's securities had been suspended on July 2, 2010 as a result of a cease
trade order ("CTO") that was originally imposed by the Ontario Securities
Commission ("OSC") due to the late filing of the Company's financial statements
earlier this year. On September 1, 2010, the Company was granted a full
revocation of the CTO by the OSC as its filings were brought up to date during
August 2010.


Newlook will continue to keep the market informed of any material corporate
developments as they occur.


Newlook Industries Corp., headquartered in King City, Ontario is a publicly
traded company listed on the TSX Venture Exchange. For more information please
call (905) 833-3072 or refer to www.sedar.com.


The management of the company, who take full responsibility for its content,
prepared this press release. Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy 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.

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