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MAIL BOXES COAST TO COAST ANNOUNCES SPECIAL MEETING SET FOR JAN. 29

 LOS ANGELES, Jan. 19 /PRNewswire/ -- Mail Boxes Coast to Coast, Inc. (NASDAQ: NATKC) announced today that a Special Meeting of Stockholders will be held on Jan. 29, for the purpose of:
 1. Changing the name of the corporation to "North American Technologies Group, Inc.";
 2. Selling the "historic operating assets" (i.e., the Mail Boxes, Etc. area franchise and related assets) to the corporation's founding shareholders; and
 3. Amending the Certificate of Incorporation to authorize additional capital stock, certain of which would be issued upon the conversion of preferred stock issued in connection with the acquisition of the controlling interests in North American Technologies, Inc. and North American Environmental Group, Inc.
 The corporation's management has been informed that GRA Investments Corp., which has voting power over 53.6 percent of the outstanding shares of common stock, intends to vote for the proposals. If approved at the meeting, the proposals will be effective as of Jan. 29, 1993.
 /delval/
 -0- 1/19/93
 /CONTACT: Dave Daniels of Mail Boxes Coast to Coast, 713-820-7804/
 (NATKC)


CO: Mail Boxes Coast to Coast, Inc. ST: California IN: SU:

MK-MJ -- PH027 -- 6481 01/19/93 15:18 EST
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Publication:PR Newswire
Date:Jan 19, 1993
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