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Morgan Equities Group Awarded Coke(R) Products Contract
ATLANTA, May 26 /PRNewswire-FirstCall/ -- On May 24, 2006, Morgan Equities Group, Inc. (OTC Pink Sheets: MGQG) filed an 8-K with the Securities and Exchange Commission reporting the execution of a Material Definitive Agreement with ISA.Transaoya Advertising (China) Company, Limited, establishing Morgan Equities Group as the sole representative for sales and marketing of ISA's Coca-Cola(R) branded promotional products in North America.

ISA designs and manufactures promotional products and is currently the largest supplier of Coca-Cola(R) branded promotional products to bottlers in China, which comprises Coca-Cola's(R) fifth largest market worldwide.

The agreement will be serviced by Morgan's wholly-owned subsidiary, ACA-Trading America, Inc., a Delaware corporation, which will market and sell the branded promotional products to American Coca-Cola(R) bottlers.

'Coca-Cola(R) is considered the leading brand name in the world, and we expect the demand for Coca-Cola(R) related products to continue to escalate and set the pace for sales of branded promotional items in the United States,' stated Fred Narcross, President of Morgan Equities Group.

The same filing also disclosed that Morgan Equities Group was considering an offer to serve as project manager in connection with the expansion into the Chinese market by one of the world's largest retailers, but has not yet entered into a definitive agreement in that regard.

Certain statements in this press release regarding future events may be considered 'forward-looking statements', such as whether demand for promotional products will continue to escalate, whether sales and marketing will produce adequate revenue to justify the endeavor, whether future operations will impact the financial status of Morgan Equities Group or any other parties, whether sufficient revenue will be generated to operate all of the companies involved, and other factors that could cause actual results to differ materially from historical experience or from future expectations expressed or implied by such forward-looking statements.

SOURCE Morgan Equities Group, Inc.



Source: PR Newswire (May 26, 2006 - 8:50 AM EDT)

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