Majic Wheels Corp And Carbonomics Moving Forward With Carbon Credits

FORT MYERS, FL, Dec. 26, 2012 (GLOBE NEWSWIRE) -- Majic Wheels Corp. (OTCQB:MJWL), a Delaware corporation whichoperates a business line of roll off dumpster rentals, site workservices, construction and foreclosure cleanup, junk removal andmoving services, has submitted to the American Carbon Registrythe carbon offset protocols prepared by Carbonomics, LLC forthe use of plasma gasification technology to register andcertify carbon credits for the US and International markets.

The protocols submitted to the American Carbon Registry will beused to:

     •         Measure theamount of greenhouse gas reduction credits that the use of plasmagasification technology will produce over time. 

      •        Certify carbon creditsto be deposited with the American Carbon Registry for both the USand International carbon markets. 

      •        Register the carboncredits to be available for sale and forward financingprojects.

"We are very excited to be moving forward so quickly with ourcarbon credit projects.  We wanted to submit our first projectwith Carbonomics before the end of the year. We look forward to theNew Year and the completion of our carbon credits project in 2013."stated Denise Houghtaling, CEO of the MJWL.

About Carbonomics LLC.

Carbonomics® is a leader in helping businesses realize thepotential of carbon credits in the US and internationalemission-trading markets. Carbonomics® identifies greenhouse-gas(GHG) reduction opportunities, determines how projects can generatecarbon credits, and guides companies through the entire process -from project inception to annual verification.

About Majic Wheels Inc.

Majic Wheels Inc., a Delaware corporation located in Ft. Myers,Florida, is a rapidly growing company that intends to continue itsgrowth and expansion in major US markets. The Company plansleveraging its operating division and management team to expandinto additional major market sectors. The company operates theSouthwest Florida Franchise of College Hunks Haul Junk and CollegeHunks Moving. The company's waste management and site work divisionprovides services that include roll off dumpster rentals, site workservices, construction and foreclosure cleanup and junk removalservices.

Forward-Looking Statements: Safe Harbor Statement under thePrivate Securities Litigation Reform Act of 1995: The statementscontained herein, which are not historical, are forward-lookingstatements that are subject to risks and uncertainties that couldcause actual results to differ materially from those expressed inthe forward-looking statements including, but not limited to,certain delays beyond the Company's control with respect to marketacceptance of new technologies, products and services, delays intesting and evaluation of products and services, and other risksdetailed from time to time in the Company's filings with theSecurities and Exchange Commission.

CONTACT: Investor Relations Contact:         Majic Wheels Corp.         Investor Relations         IR@MJWL.INFO

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