NORTH HUNTINGDON, Pa., May 14 /PRNewswire-FirstCall/ -- Beacon Redevelopment Industrial Corporation (Pink Sheets: BCND) today announced they have received an offer to buy out the controlling interest in the company. The offer is subject to the buyer's terms and requirements including full review of its properties and contracts. It is also understood that all executives will resign and be replaced with the buyer's team upon closing of the transaction. The company will continue to update the shareholders as this proposed transaction develops. This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or 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. CONTACT: Adam Marek, President for Beacon Redevelopment, +1-724-871-7458, DATASOURCE: Beacon Redevelopment Industrial Corporation CONTACT: Adam Marek, President for Beacon Redevelopment, +1-724-871-7458,

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