moro corp.

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Wall Street Transcript
December 4, 2006

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2006 Financial Results
April 24, 2007

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MORO CORPORATION ACQUIRES HVAC CONTRACTING BUSINESS

Wayne, PA, February 4, 2008 — Moro Corporation (OTC:MRCR) today announced that it has acquired J & J Heating and Cooling, Vestal, New York.

J & J sells, installs and services heating, ventilating and air conditioning (HVAC) systems in the greater Binghamton, New York area. The company’s customers are homeowners and owners of commercial buildings. Products sold include the Lennox and Trane brands of HVAC equipment.

This business will operate under its own name as a division of Moro’s subsidiary Appolo Heating, which is based in Schenectady, New York and also operates branch offices in Hopewell Junction and Middletown, New York.

David W. Menard, President and CEO, commented: “J & J is a premier company and its acquisition is expected to have a small positive impact on Moro’s EPS during its first year of ownership by Moro.”


MORO CORPORATION ACQUIRES FABRICATOR OF SHEET METAL HVAC PRODUCTS

Wayne, PA, November 1, 2007 — Moro Corporation (OTC:MRCR) today announced that it has acquired J & J Sheet Metal Works, Vestal, New York.

J & J fabricates and installs commercial grade sheet metal products used in the heating, ventilating and air conditioning (HVAC) industry.

The company’s customers are primarily mechanical contractors doing HVAC work for schools, hospitals, and industrial, commercial and governmental buildings. The company’s customers are located primarily in the Southern Tier Region of New York State, which includes communities such as Elmira, Binghamton, Endicott, Johnson City, Norwich, Oneonta and Cooperstown.

J & J, which has about 45 non-union employees, is a profitable and financially strong company. J & J was founded in 1941 by the grandfathers of Mike and Ralph Azersky. Mike as President and Ralph as Vice President will continue to manage the company. J & J will be part of Moro’s Mechanical Contracting segment which includes Rado Enterprises, Inc., Bloomsburg, PA – sheet metal fabrication and mechanical contracting (HVAC, plumbing, process piping) for commercial customers – and Appolo Heating, Inc., Schenectady, NY, Hopewell Junction, NY, Middletown, NY (sheet metal fabrication and HVAC contracting for residential and commercial customers).

David W. Menard, President and CEO, commented: “J & J is an excellent fit with the other members of the family of Moro companies. J & J is a premier company and its acquisition is expected to immediately contribute to Moro’s EPS.”


MORO CORPORATION ACQUIRES HVAC CONTRACTOR

Wayne, PA, March 7, 2006 — Moro Corporation (OTC:MRCR) today announced that it acquired Appolo Heating, Inc., Schenectady, NY. Appolo, founded in 1967, sells, installs and services heating, ventilating and air conditioning (HVAC) systems in the greater Schenectady/Albany area. A branch office located in Hopewell Junction, NY serves the Hudson Valley section of New York State south to northern Westchester County, NY. Appolo, with 125 employees, is believed to be the largest residential HVAC contractor in its main market area. Both residential and commercial customers are served. Products sold include the Lennox brand of HVAC equipment.

David W. Menard, President and CEO, commented: "Appolo is an excellent fit with the other members of the family of Moro companies. Appolo has consistently reported profits in excess of industry norms. Appolo is a premier company and is expected to contribute several cents to Moro's 2006 EPS."

Moro is a profitable and financially strong multi-location and multi-subsidiary construction products and services company engaged in the (a) fabrication of concrete reinforcing steel (rebar), sheet metal (duct work), structural steel and process piping, (b) distribution of construction steel, miscellaneous steel and construction accessories, and (c) commercial/industrial mechanical contracting services (HVAC, plumbing, piping).


MORO CORPORATION ACQUIRES STEEL DISTRIBUTION BUSINESS
Deal will be Immediately Accretive to Earnings

Wayne, PA, April 20, 2004 — Moro Corporation today announced that it has acquired Whaling City Iron Co., New Bedford, Massachusetts.

Whaling City Iron Co., founded in 1965, fabricates and distributes concrete reinforcing and structural steel and distributes miscellaneous steel such as bars, plates and sheets. Customers include construction contractors, a variety of metalworking firms, welding shops, shipyards, and others. The company's market is greater Boston and greater Providence.

David Menard, Moro's President, said that, "We are fortunate to have acquired Whaling City Iron - it is a profitable jewel of a company. Whaling City Iron will be combined with Moro's subsidiary, J. M. Ahle Co., South River, New Jersey, which fabricates concrete reinforcing steel and distributes construction accessories. This acquisition will increase Moro's annual earnings by approximately one to two cents per share.

Moro is a profitable and financially strong multi-location and multi-subsidiary company engaged in the (a) fabrication of concrete reinforcing steel (rebar), sheet metal (duct work), structural steel and process piping, (b) distribution of construction steel, miscellaneous steel and construction accessories, and (c) mechanical contracting services (HVAC, plumbing, piping).


MORO CORPORATION ACQUIRES MECHANICAL CONTRACTING BUSINESS

Bala Cynwyd, PA, October 2, 2002 — Moro Corporation today announced that it has acquired Rado Enterprises, Inc., Bloomsburg, Pennsylvania.

Rado, founded in 1971, is a mechanical contractor providing HVAC (heating, ventilating, air conditioning), plumbing and process piping contracting services. Rado also fabricates sheet metal and process piping. The company focuses on industrial and commercial buildings, schools, hospitals and other structures located in the northeastern section of Pennsylvania.


MORO CORPORATION ANNOUNCES ACQUSITION OF J.M. AHLE CO.

April 3, 2000 — Moro Corporation today announced that as of April 1, 2000 it has acquired the business and assets of J.M. Ahle Co., South River, New Jersey.

J.M. Ahle Co., founded in 1980, is a leading distributor and fabricator of steel reinforcing and other products used primarily in concrete construction projects such as highways, bridges, industrial buildings, hospitals, schools, office buildings and other kinds of structures. J.M. Ahle will operate as an autonomous subsidiary of Moro Corporation.

The present management team of J.M. Ahle Co. will continue to operate the business at its present facilities with all of its present workforce and with its present practices and policies. No operational changes are expected to be made at J.M. Ahle Co. Moro Corporation will be a catalyst for, and assist with, the expansion of the business into additional product lines and geographical markets. The resources and experience of Moro Corporation are expected to accelerate the development of J.M. Ahle Co. into a larger and more profitable company.

For competitive reasons, the value of the transaction and the sales and profits of J.M. Ahle Co. are not being released at this time. The company is highly profitable. The transaction will immediately contribute to Moro Corporation's profits.

This is the first acquisition of an operating business since David W. Menard became President and CEO and majority shareholder of the former Food Court Entertainment Network, Inc., which was transferred into a public shell, changed its name to Moro Corporation and has embarked on an acquisition program.

Moro Corporation is an industrial holding company specializing in the acquisition and management of industrial distribution and manufacturing businesses serving niche markets.

moro corp.

994 Old Eagle School Rd.
Suite 1000
Wayne, PA 19087 USA
T: 484.367.0300
F: 484.367.0305