2008
Minaean Habitat (India) Pvt. Ltd. Awarded With Contract For Construction Of Prototype Bus Queue Shelter, Bangalore, India
Vancouver, BC, Canada –June 18, 2008 – Minaean International Corp. (TSX Venture Exchange: MIB; Berlin and Frankfurt Stock Exchanges: NJA), is pleased to announce that its wholly owned subsidiary, Minaean Habitat (India) Pvt. Ltd. (MHI), has been awarded with a contract for the fabrication and installation of an ultra modern steel based prototype Bus Queue Shelter in Bangalore, India by a leading media and entertainment company.
This contract has been secured following the successful execution of an order for the production, supply and installation of 100 Bus Queue Shelters for the Mumbai Transport Authority. The successful completion and acceptance of this prototype is anticipated to lead to a substantial order for the city of Bangalore and an ongoing business relationship with the aforementioned media and entertainment company throughout 2008-09. MHI expects increased revenue during this fiscal year from this segment of the market and plans an aggressive resource deployment strategy towards the support of the client’s expansion needs.
The contract for the prototype Bus Queue Shelter will be executed in modular sections. It will be pre-fabricated in Minaean’s Mumbai plant, shipped to site and installed. MHI has production plants located in the cities of Mumbai and Bangalore, India for the manufacturing of Modular Buildings, Modular Cabins, ATM Units and Bus Queue Shelters.
A fast growing metropolis, the garden city of Bangalore is the capital of the southern Indian state of Karnataka. The city is undergoing a major revamp in its public transit system. The Bangalore Transit System has the largest fleet of buses and is the premier public transport service provider in Bangalore. It has more than 2300 bus shelters with 31 minor bus stations for communities within the Bangalore city limits and has announced plans for replacing about 500 units within the next 12 months.
About Minaean
Minaean International Corp., manufactures rapid, efficient building systems using light-gauge steel. Minaean's Vesta Quik-BuildTM, Artisan Quik-BuildTM construction kits are available for houses and buildings of up to four stories.
The newly launched modular buildings designed, engineered and prefabricated in the factory environment, capable of being assembled and delivered within 7 days are an addition to the Company’s innovative construction technologies. The application of the modular building concept has now been expanded to include the manufacture and installation of Bus Queue Shelters, ATM Modular Buildings, Modular Toilets and Public Washrooms, office blocks and bunkhouses for campsites. The strong, affordable, ecologically sustainable structures present a promising solution to the mass housing shortages in developing countries and disaster-stricken areas, in addition to a range of conventional applications.
Shares of Minaean International Corporation (parent company) are publicly traded on the TSX Venture Exchange under the symbol "MIB" and on the Berlin and Frankfurt Stock Exchanges under the symbol "NJA". For more information, please visit www.minaean.com.
On behalf of the Board of Directors
MINAEAN INTERNATIONAL CORP.
“Mervyn Pinto”
Mervyn Pinto, President & Director

