Niagara Corporation Purchases Illinois Facility

Share Name	Share Symbol	Market	Type
Niagara (MM)	NASDAQ:NIAG	NASDAQ	Common Stock

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Niagara Corporation Purchases Illinois Facility

02/08/2004 5:11pm

PR Newswire (US)

Niagara (NASDAQ:NIAG)
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Niagara Corporation Purchases Illinois Facility NEW YORK, Aug. 2 /PRNewswire-FirstCall/ -- Niagara Corporation (OTC:NIAG.PK) announced today that its subsidiary, Rabbit Property, Inc., has completed the purchase of a 330,000 square-foot facility in Harvey, Illinois for $1.25 million. Niagara presently intends to use this facility for equipment storage. This release contains certain "forward-looking statements" made pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company, that may cause the Company's actual results to be materially different from those expressed or implied by such statements. Such risks, uncertainties and other factors include those described in the Company's Annual Report on Form 10-K for the year ended December 31, 2003. The forward-looking statements made herein are only made as of the date of this release, and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. DATASOURCE: Niagara Corporation CONTACT: Michael Scharf, CEO, Niagara Corporation, +1-212-317-1000 Web site: http://www.niag.com/

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NIAG Niagara (MM)