Majestic Announces Discussion With Westrend Natural Gas, Inc.
26 March 1999
The Majestic Companies, Ltd. Announces Discussion With Westrend Natural Gas, Inc.
SAN DIEGO--March 25, 1999--The Majestic Companies, Ltd. (OTC BB:MJXC), is pleased to announce that the Company has entered into preliminary discussions with Westrend Natural Gas, Inc. (VSE:WRN), a Vancouver Stock Exchange publicly traded company regarding an acquisition by Westrend of the exclusive international distribution rights to Majestic Transportation Products, Ltd., a subsidiary of The Majestic Companies, Ltd. proprietary school bus passenger restraint system called the "Safe-T-Bar."Follow-up announcements will be made on the outcome of these discussions. Any transaction will be subject to applicable approvals.
Some of the statements in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by forward-looking statement.