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North American Technologies Group, Inc. News

North American Technologies Group, Inc. Announces the Company's First Quarterly Profit

IRVING, Texas, May 20 PRNewswire-FirstCall — North American Technologies Group, Inc. (OTC Bulletin Board: NAMC), world leader in engineered composite railroad ties, today announced the Company's first quarterly profit. The profit of $173,481 resulted from $9 million of revenue for the quarter (a 72% increase over the same quarter of last year).

Mr. Rod Wallace, the company's President and Chief Executive Officer, said, "The profit reported for the quarter represents an historic event for this company. This is the first profit in the company's existence and is the beginning of a phase — from start-up to an operating company. It is almost impossible to thank all of the people who helped make this successful quarter possible, because the results truly represent a team effort. Certainly our dedicated employees, directors and advisors have played a huge part in this success. We also thank our customers for believing in our product and providing input for constant improvement in and to our product. We also wish to thank our lenders and investors for supporting us through some very trying times. Our challenge now is to continue to improve our production, and customer base."

About NAMC

North American Technologies Group, Inc. through its wholly owned subsidiary TieTek(TM) produces high-performance railroad ties and other engineered products. TieTek uses its patented technology to process recycled plastic, automobile tires and mineral additives to manufacture engineered composite products that last longer and perform better than hardwood and/or concrete alternatives in structural applications. The Company's securities are quoted in the over-the-counter market under the symbol "NAMC". The Company's website is found at http://www.tietek.com. For a description of the financial results for the Company's Current Report see Form 10-QSB filed with the Securities and Exchange Commission on May 19, 2008.

This press release contains forward-looking statements involving risks and uncertainties. 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-looking statements within the meaning of the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. These risks include, but are not limited to, fluctuations in financial results, availability and customer acceptance of products and services, the impact of competitive products, services and pricing.

SOURCE North American Technologies Group, Inc.

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