Delivery : Sorry,Project Cancelled.

It is with much regret we have to annouce we are cancelling the HO ELectroLiner Project. The advance orders received were only about 60% of what would be needed to go forward with this project. In this day and age, we can not of course take a risk of losing serval hundred thousand dollars on a poject because enough sales can not be generated to make it profitable.

Even more important is the precious tooling time which a project of this size takes up. It would have consumed about 50% of all tooling time available in the next 12 months available to us. We have to devote the available tooling and engineering time to projects that will be profitable for the company and enable us to pay the salaries of our employees.

Jim Conway

President Con-Cor International,Ltd.