FAYETTEVILLE, Tenn., Oct 18, 2005 (BUSINESS WIRE) -- Kevin Neal, President & CEO of Morgan Equities Group, Inc. (Pink Sheets: MRGG), announced today that Morgan Equities Group, Inc. is in Merger negotiations with National Safety Wear (Natwear) a New York based company. National Safety Wear is a 30 Year old industrial safety clothing manufacture. Kevin Neal said: "Morgan Equities Group, Inc., through this Merger, will enable the company to expand and develop its business plan and vision quickly and efficiently." Neal added: "We feel our investors will be excited about our new business relationship with National Safety Wear and the ever expanding business opportunities it provides." Morgan Equities Group, Inc. is a public company based in Fayetteville, TN. The company's mission is to maximize the company's value for its investors. The Company's common stock is currently traded over-the-counter on the NASD, symbol MRGG. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1955; Statement in this news release looking forward in time involve risks and uncertainties, and actual results may be materially different. Factors that could cause actual results to differ include activity levels in the securities markets and other risk factors such as customer order rates, cancellations, late delivery of customer components, production delays, dependence upon certain customers, dependencies upon key executives, viability of quarterly results, single operating facility, competition, product liability risk, control by management, foreign currency fluctuation, and other risks detailed in the Company's applicable SEC filings. SOURCE: Morgan Equities Group, Inc. CONTACT: Morgan Equities Group, Inc. Kevin Neal, 931-433-9118