Company finalizes a joint venture agreement with Oakwood Natural Solutions

Morningside Capital Corporation has finalized a joint venture agreement with Oakwood Natural Solutions Inc. The agreement grants exclusive control of marketing and distribution of Oakwoods products throughout the United States and Canada.

Toronto, Ontario (PRWEB) March 6, 2004--(OTO MGCCF): Morningside Capital Corporation has finalized a joint venture agreement with Oakwood Natural Solutions Inc. The agreement grants exclusive control of marketing and distribution of Oakwoods products throughout the United States and Canada. The joint venture is an equal venture participation with Oakwood Natural Solutions Inc., whereby Morningside provides mezzanine financing for marketing and area development in return for equity in Oakwood and a fixed royalty resulting in a sale.

At present Oakwood Natural Solutions Inc. manufactures and markets three new natural products for the garden. Purple Martin, a highly effective, deet-free mosquito repellent made of natural food-based products, Emerald Magic, a 100% natural nutrient formulation to enhance the growth and vitality of all your indoor and outdoor plants and Oakwood Platinum 7-1-2, a 100% natural granular corn gluten based fertilizer. Oakwood Natural Solutions Inc., established in 2003, is a privately held Canadian company with offices in Toronto, Texas, Florida and North Carolina.

The company would encourage everyone to visit us at www.oakwoodnaturalsolutions.com for more information and a description of the product line. Marketing of the products is already underway and brisk sales are anticipated.

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release contains statements that are forward-looking, such as statements related to the future anticipated direction of the industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth, and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by, or on behalf of Morningside Capital Corp. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, and domestic and global economic conditions.