Taylor Madison Signs Definitive Agreement to Buy Controlling Interest in French Company Fragex

Taylor Madison Signs Definitive Agreement to Buy Controlling Interest in French
Company Fragex
Taylor Madison Corp. Closed on Its Previously Announced Intention to Buy 51% Of
Fragex 


AVENTURA, Fla., March 29  /PRNewswire-FirstCall/ -- Nimbus Group Inc. d/b/a
Taylor Madison Corp.  today announced the signing of a definitive agreement with
Royaume Du Parfums International (RPI) for the acquisition of French developer
of cosmetics and fragrances, Fragex SARL.

The definitive agreement has been approvedby the boards of directors of both
Fragex and Taylor Madison, and follows the letter of intent signed by the two
companies on January 27, 2004.

Under the terms of the agreement, 51% of existing shares of Fragex stock will be
exchanged for up to 1.155 million shares of Nimbus' restricted common stock.

In addition, Taylor Madison has secured an option to purchase the remainder 49%
from Fragex' principals, at anytime, for a predetermined price of US$1.5 million
in cash or 1.5 million shares of common stock of Taylor Madison. The option can
be exercised when the stock of Taylor Madison trades for at least $1.50 for 3
days prior to exercising the latter option.

ABOUT TAYLOR MADISON.

Taylor Madison specializes in licensing and developing fine fragrances and
Skincare cosmetics and cosmeceuticals worldwide. We currently license and market
brands such as Phantom(R) fragrances and Cara Mia (TM) cosmeceuticals total skin
care system.

ABOUT FRAGEX

Fragex is a French developer of cosmetics and fragrances for major international
brands based in Paris. The Company owns proprietary designs and tools and
specializes in providing a turnkey product to brand owners worldwide.

Safe Harbor Statement

This press release contains "forward-looking statements" within the meaning of
Section 21E of the Securities Exchange Act of 1934, as amended. These
forward-looking statements include, among other things, statements concerning
the Company's outlook for 2003 and beyond, the Company's expectations, beliefs,
future plans and strategies, anticipated events or trends, and similar
expressions concerning matters that are not historical facts.  Although we
believe that the expectations reflected in forward-looking statements are
reasonable, we cannot guarantee futureresults, levels of activity, performance
or achievements.  The forward-looking statements in this press release are
subject to risks and uncertainties that could cause actual results to differ
materially from those expressed in or implied by the forward-looking statements.
 For information about risk factors relevant to the Company, please see the
Company's filings with the Securities and Exchange Commission.  The Company does
not intend and disclaims any duty or obligation to update or revise any industry
information or forward-looking statements set forth in this report, to reflect
new information, future events or otherwise. 

DATASOURCE: Nimbus Group Inc. d/b/a Taylor Madison Corp.



CONTACT:  Taylor Madison, [phone], or 



Web site: http://www.nimbusjets.com/

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