$We_Beat_Wallstreet

[Walker]

NEWS--NORTH HUNTINGDON, Pa., Aug. 11 /PRNewswire-FirstCall/ -- Beacon Redevelopment Industrial Corporation today announced it has agreed to acquire an additional 134.5 acre tract of land in Lewis County, West Virginia that adjoins its previously announced acquisition of 125 acres at the same location.

This additional acquisition will bring the company's holdings to a total of 259.5 acres of land in the area, including natural gas rights (of which wells are currently operating) along with vast timber/logging rights, the company as always will take advantage of favorable financing terms that were offered and with more than one profit center. The new properties are located in the same area as the previously announced acquisition about ten miles from interstate 79 and are right off US 119/33 and have easy access to all major highways.