Cal-Bay International Orders NOBO & DTC Lists to Determine Actual Share Ownership of Freely Tradeable Shares.

CARLSBAD, Calif. -- Cal-Bay International, Inc. (OTCBB:CBAY) announces the company today ordered a Non-Objecting Beneficial Ownership (NOBO) list from Automatic Data Processing (ADP) and the DTC Lists from Depository Trust Corp.

Cal-Bay CEO Roger Pawson commented the list will disclose the recorded shares held by shareholders and will be compared to the company's DTC trading list, which discloses the number of shares held by the clearing houses for the same period. Cal-Bay's management believes there is a significant short position in the freely tradable stock and the side by side comparison of the NOBO and DTC list should disclose any discrepancy.

Pawson further commented that any discrepancy revealing a short position in the company's stock will result in a mandatory cert exchange program to force the short position holders to cover the negative balance.

FORWARD LOOKING SAFE HARBOR STATEMENT: To the extent that this release discusses any expectations concerning future plans, financial results or performance, such statements are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and are subject to substantial risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and reflect only management's belief and expectations based upon presently available information. These statements, and other forward-looking statements, are not guarantees of future performance and involve risks and uncertainties.

The Company assumes no obligation to update any of the forward-looking statements in this release.