M.J. MAILLIS S.A. announces that following the acquisition of 55% of MSN by MAILLIS STRAPPING SYSTEMS USA INC and in order for the latter to become the sole shareholder, it acquired and subsequently merged with WULFTEC INVESTMENT LTD, owner of the remaining 45% of MSN. WULFTEC INVESTMENT LTD was previously owned 100% by WULFTEC INTERNATIONAL INC (Group's subsidiary in Canada). The merger procedures for the companies MAILLIS STRAPPING SYSTEMS USA INC - WULFTEC INVESTMENT Ltd were concluded in April 2006 with effective date that of February 24, 2006. As of that date, both companies WULFTEC INVESTMENT Ltd and MSN ceased to exist.