CTC Crown enters into an agreement with Marathon coatings.

EDMONTON, Alberta--(BUSINESS WIRE)--June 29, 1995--CTC Crown Technologies Corporation ("CTC" or "the Corporation")(Alberta Stock Exchange: CCT) is pleased to announce that it has entered into a Due Diligence agreement with Marathon Coatings Technology Ltd. ("Marathon") of Edmonton for the purposes of evaluating Marathon as a Major Transaction.

Marathon is the developer, manufacturer and marketer of a variety of unique fire retardant paints, coatings and chemicals which can be applied to wood, cloth, steel and a wide variety of other materials. Marathon's products are certified for sale internationally and offer superior fire retardant properties to competitive products for less cost.

Marathon is the first acquisition to be evaluated by CTC. John Tansowny, CTC's President said, "Our objective for CTC will be to acquire several subsidiaries which own developed technologies that are reflected in market-ready products. CTC will assist management to rapidly develop the business by penetrating or expanding markets, developing international sales and expanding product lines. Marathon would make an excellent first acquisition as it has innovative and exciting products which can be marketed internationally with rapid growth and strong revenue potential." -0- THE ALBERTA STOCK EXCHANGE HAS NEITHER APPROVED NOR DISAPPROVED THE INFORMATION CONTAINED HEREIN.

CONTACT: CTC Crown Technologies Corp.

John Tansowny, 403/423-1331

403/423-2508 (FAX)