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MAIL BOXES COAST TO COAST INC. CLOSES ON ACQUISITION OF NORTH AMERICAN TECHNOLOGIES INC. AND NORTH AMERICAN ENVIRONMENTAL GROUP

 MAIL BOXES COAST TO COAST INC. CLOSES ON ACQUISITION OF NORTH


AMERICAN TECHNOLOGIES INC. AND NORTH AMERICAN ENVIRONMENTAL GROUP
 LOS ANGELES, June 30 /PRNewswire/ -- Mail Boxes Coast to Coast Inc. (NASDAQ: MBCC) announced today that it has acquired a 60 percent interest in North American Technologies Inc. ("NAT") an Alberta- listed company and a 92 percent interest in North American Environmental Group Inc. ("NAE").
 NAT and NAE are related development stage companies with proprietary bioremedial, biotechnical and mechanized enzyme technologies that have applications in several industries including environmental services, oilfield drilling services, and the development of synthetic oils from heavy crude oils, tar sand and oil shale deposits.
 MBCC has filed an information statement with the Securities and Exchange Commission in order to authorize a 1:15 reverse stock split and a change of its name to "North American Technologies Group" to reflect the change of its primary operating activity to that of a biotechnology-based resource and environmental management and services company.
 -0- 6/30/92
 /CONTACT: Howard Appel for Mail Boxes Coast to Coast, 215-563-5630/
 (MBCC) CO: Mail Boxes Coast to Coast; North American Technologies Inc.;
 North American Environmental Group Inc. ST: California IN: SU: TNM EH-KJ -- LA019 -- 5292 06/30/92 15:46 EDT
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Publication:PR Newswire
Date:Jun 30, 1992
Words:206
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