Majestic Receives First Purchase Order for SAFE-T-BAR Bus Restraint
1 March 2000
Majestic Receives First Purchase Order for SAFE-T-BAR Bus Restraint
SAN DIEGO--Feb. 29, 2000--The Majestic Companies Ltd. (OTCBB:MJXC) is pleased to announce that it has received its first purchase order for SAFE-T-BAR(TM)s' from a Unified School system located in the Inland Empire region of Southern California.The SAFE-T-BAR is a proprietary, patent-pending, school bus passenger restraint system that closely resembles the type of restraint most commonly found on high velocity amusement park rides. The heavily padded U-shaped bar is engineered to lock in the down position during a sudden stop, collision, or bus rollover, thereby controlling and restraining the passenger within the padded seating area.
Over the last 60 days, Majestic representatives have visited numerous education officials in Southern California with the company's "SAFE-T-BAR" outfitted demonstrator school bus, and the response to the product has been extremely favorable. The education officials regarding transportation safety that met with representatives of the company unanimously agree that the SAFE-T-BAR is a much better alternative for school bus passenger restraint than any type of seat belt system, and many have expressed interest in further evaluating the SAFE-T-BAR. Currently New York and New Jersey mandate occupant restraints on full sized school buses with California, Florida and Louisiana passing similar school bus restraint legislation over the last 12 months.
Additional information can be obtained by visiting the company's Web sites at: www.themcl.com and www.safe-t-bar.com
Note: Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.