NORTH HUNTINGDON, Pa., June 9 /PRNewswire-FirstCall/ -- Beacon Redevelopment Industrial Corporation (Pink Sheets: BCND) received and thoroughly reviewed a 64 page report regarding asbestos at the Westmoreland Glass Factory in Grapeville, Pennsylvania, prepared for the company and Renaissance Renovations & Development LLC. Beacon Redevelopment is informed by agents of RR&D that their next step will be to notify Pennsylvania One Call System, Inc., of certain aspects of the demolition. One Call notifies all underground utilities and gas companies of the potential for digging. Pennsylvania law requires that One Call receive advanced markout at least 10 days prior to digging. RR&D advises that they are currently compiling the required data that Pennsylvania One Call has requested to create a detailed ticket. The prospective new management of Beacon Redevelopment has requested these actions to be completed immediately to enable a smooth transition. Recently, RR&D agents posted additional no trespassing signs on the site and secured the front gate to the facility. Beacon and RR&D advise the public pursuant to 18 Pa.C.S. 3503(b)(1) that no person is authorized to enter the property without the express permission of the company. Beacon Redevelopment would like to thank Environmental and Safety Training Inc., particularly Asbestos Building Inspector Joseph W. Grad, for his comprehensive report including budgetary recommendations, and R. J. Lee Group, Inc., for their scientific analysis. Mr. Grad spent over four days at the factory site. 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. 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: Investor Relations Beacon Redevelopment Industrial Corporation (724) 871-7458 URL: http://www.beaconredevelopment.com/ DATASOURCE: Beacon Redevelopment Industrial Corporation CONTACT: Beacon Redevelopment Industrial Corporation, +1-724-871-7458, Web Site: http://www.beaconredevelopment.com/

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