Beacon Redevelopment Industrial Corporation (BCND)

[Built2Trade]

NORTH HUNTINGDON, Pa., Aug 19 /PRNewswire-FirstCall/ -- Beacon Redevelopment Industrial Corporation today announced that it will announce the winning bidder for the demolition and salvage operation of its Westmoreland PA property by Friday August 29, 2008.

The company has given approximately one extra week to allow the larger then anticipated number of bidders to comply. Everyone who is interested in submitting a bid is requested to do so no later then Thursday August 28, 2008 by 5PM Eastern daylight time with no exceptions as the bids will be reviewed with the winner being announced on Friday August 29, 2008 no later then 3PM Eastern daylight time.

"The company is looking forward towards awarding the job to the highest bidder and getting this project moving along; the company believes that it will receive a very significant windfall from this bidding process. We are already in the process of development ideas with planners and architects for the property and are looking forward towards the start of development for this site," said Mr. Adam Merek, President

About Beacon Redevelopment Industrial Corporation:

Beacon specializes in acquiring undervalued properties that offer the potential for above average return on investment along with multiple assets and development ability at distressed prices. The properties must offer recyclable-salvageable materials along with the potential for redevelopment and or desirable development potential. The company also seeks, along with the above for mentioned, properties that have the possibility for governmental grants, tax rebates or deferments as part of their criteria for acquisition. Please visit the company's website at www.beaconredevelopment.com for all the latest information and updates.

This press release contains certain forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release. SOURCE Beacon Redevelopment Industrial Corporation

Beacon Redevelopment Industrial Corporation



CONTACT: Adam Merek of Beacon Redevelopment Industrial Corporation,

[phone]



Web site: http://www.beaconredevelopment.com/