VANCOUVER, British Columbia, April 18, 2006 (PRIMEZONE) -- Maple Seal Homes Ltd. (www.maplesealhomes.com) ("MSL"), a wholly owned subsidiary of Maisonette International Enterprises, Ltd. ("the Company") (Pink Sheets:MAEN) (http://www.maisonetteworld.com), is pleased to announce that its manufacturing partner, Winton Global homes, has received by wire transfer deposits for home to be exported to the United Kingdom sometime this summer.
MSH has recently announced the potential sale of panelized pre-fabricated homes to the United Kingdom, through a dealership agreement completed with Winton Global Homes of Prince George Canada, the manufacturer of the homes to be sold. Several other projects are in the pipeline for MSH, including a potential project in Switzerland. The project for which MSH's partner has received deposits is one of two projects currently in contract with MSH and its manufacturing partner Winton Global.
Charles Fussenegger, President of the Company added: "I am very pleased with this transaction, as our shareholders will now be able to benefit directly from the sales and profits of MSH. This will reflect on our company's earnings in 2007, as sales of pre-fabricated homes should yield some solid results in the next few years, especially as we are negotiating sales in other countries. This is part of our strategy to increase shareholders value and make the Company a solid Holding Company producing constant revenues and profits for its shareholders."
About Maisonette International Enterprises, Ltd.
Maisonette International Enterprises, Ltd. is a publicly held holding company incorporated in Nevada, USA. Its assets include several holdings operating in the USA, Canada and the United Kingdom with interests in e-Business, electronic payment processing, online retailing and lifestyle content, and prefabricated housing and building materials for the general public and professionals.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors affecting the Company's operations, markets, products and prices and other factors discussed in the Company's various filings with the Securities and Exchange Commission. There may be other factors not mentioned above that may cause actual results to differ materially from any forward-looking information.