Majestic Receives First Purchase Order for SAFE-T-BAR Bus Restraint
Business Editors
SAN DIEGO--(BUSINESS WIRE)--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.
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CONTACT: The Majestic Companies Ltd.
Clayton Chase, 619/209-6077 |
