SOURCE: Tycoon Telecom LLC

 
Mar 27, 2009 15:32 ET

Mac1 Industries Corp. Terminates Merger With Tycoon Industries, LLC

HOLLYWOOD, FL--(Marketwire - March 27, 2009) - Publicly traded MAC1 INDUSTRIES CORP. (PINKSHEETS: MIRA) has terminated its short lived merger with TYCOON INDUSTRIES, LLC. Effective February 27, 2009. Irreconcilable differences among board members have caused both companies to disengage and return to independent status. Unfortunately no synergies were created by the merger of the two companies and controlling shareholders on both sides felt that two independent unrelated companies will function better.

TYCOON INDUSTRIES LLC is a leading provider of prepaid SIM cards, voice over IP, and video streaming based in Hollywood, Florida. The company was founded to provide the most cost effective wireless solutions for cellular telephones. Our goal is to meet the communication needs of worldwide business and leisure travelers. The voice over IP, video streaming, proprietary software and hardware, and data centers are geared for commercial and residential applications.

For more information contact:
Investor Relations
ir@mac1ind.com