As a consequence ofthe late filings the Company’s Common Stock was removed from the OTC BulletinBoard on February 18 2009 for failure

As a consequence ofthe late filings, the Company’s Common Stock was removed from the OTC BulletinBoard on February 18, 2009 for failure to maintain current financialinformation on file with the SEC.The Annual Report on Form 10-K of theCompany was filed with the SEC today, and the Company expects to file itsForms 10-Q for the first and second quarters of the fiscal year endingSeptember 27, 2009 promptly and to apply for the quotation of its Common Stockon the OTC Bulletin Board twelve months after all such reports have beentimely filed.The results of the internal investigation revealed that the total amount ofalleged fraudulent purchases of raw material by Mr. Wallace during the thirdquarter ending June 29, 2008, the fourth quarter ending September 28, 2008,and each of the first and second quarters of its fiscal year ending September27, 2009 were: $39,000, $362,997, $137,620 and $15,450, respectively. ThroughMay 31, 2009, the Company also estimates that it has incurred total expensesof $136,000 related to the investigation and follow-up action.The Companyintends to file a claim in the amount of $250,000, the maximum limits of itscoverage, with the carrier of its fraud insurance policy It is alsoevaluating obtaining restitution from Mr Wallace through legal action. TheCompany is also in the process of implementing significant improvements in itsaccounting and financial controls and executive hiring procedures to ensurethe integrity of key management personnel and prevent future misappropriationof its assets.On June 5, 2009, the SEC notified the Company that it will conduct a formalinvestigation into the alleged fraudulent transactions by Mr. Wallace whichformed the basis of the Company’s internal investigation, for potentialviolations by the Company, its officers and directors, of the antifraudprovisions and of the reporting and record keeping requirements, includinginternal controls sections, of the Securities Act of 1933 and the SecuritiesExchange Act of 1934.About NAMCNorth American Technologies Group, Inc. through its wholly owned subsidiaryTieTek(TM) produces high-performance railroad ties and other engineeredproducts. TieTek uses its patented technology to process recycled plastic,automobile tires and mineral additives to manufacture engineered compositeproducts that are expected to last longer and perform better than hardwoodand/or concrete alternatives in structural applications.

The Company’ssecurities are quoted in the pink sheets under the symbol “NAMC.PK”. TheCompany’s website is found at http:// For a description of thefinancial results for the Company’s Current Report see Form 10-K filed withthe Securities and Exchange Commission on June 12, 2009.This press release contains forward-looking statements involving risks anduncertainties. Statements in this press release that are not historical,including statements regarding management intentions, beliefs, expectations,representations, plans or predictions of the future are forward-lookingstatements within the meaning of the “safe-harbor” provisions of the PrivateSecurities Litigation Reform Act of 1995. These risks include, but are notlimited to, fluctuations in financial results, availability and customeracceptance of products and services, the impact of competitive products,services and pricing.Contact:Joe B. SOURCENorth American Technologies Group, Inc.Joe B. Dorman of TieTek, +1-972-996-5745, .

June 12 (Reuters) – Sealed Air Corp (SEE.N) on Friday sold$400 million of eight-year senior notes in the 144a privateplacement market, said IFR, a Thomson Reuters service.The size of the deal was increased from an originallyplanned $250 million.Bank of America, Citigroup, Credit Suisse, Morgan Stanley,and RBS were the joint bookrunning managers for the sale.BORROWER: SEALED AIR CORPORATIONAMT $400 MLNCOUPON 7.875 PCTMATURITY 6/15/2017 TYPE SR NOTES ISS PRICE 97.837FIRST PAY 12/15/2009MOODY’S Baa3YIELD 8.25 PCTSETTLEMENT 6/18/0909S&P BB-PLUS SPREAD 470 BPSPAY FREQ SEMI-ANNUALFITCH N/AMORE THAN TREASNON-CALLABLE 4 YEARS Stocks  |  Bonds Stocks Bonds. BOSTON (Reuters) – A German man who posed as a member of America’s wealthy Rockefeller family was sentenced on Friday to serve four to five years in prison for kidnapping his young daughter in Boston last July following a bitter divorce. Boss is an international business consultant and a graduate of Harvard Business School.Defense lawyers argued that the blond, bespectacled German suffered from a worsening mental illness when he snatched his daughter. The lawyers said Gerhartsreiter believed the girl was secretly signaling him to rescue her.Prosecutor David Deakin referred to the argument as “preposterous,” saying there was no evidence Gerhartsreiter had been hospitalized for mental illness.Authorities say Gerhartsreiter lived for 27 years as a con man, using at least four aliases. He also is being investigated in the deaths of a California couple who disappeared in 1985.(Writing by Svea Herbst-Bayliss, editing by Philip Barbara) U.S..