CalciTech Appoints Specialist in Polymer Applications to Support Demand.HAMILTON, Bermuda -- CalciTech Ltd. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CLKTF) today announces it has appointed Robert Higgs Robert Higgs (born 1 February 1944) is an American economist of the Austrian School. Participation in academia Higgs graduated cum laude from San Francisco State College with a Bachelor of Arts in economics (1965). , PhD, as its new Marketing Manager, Polymer Applications. Following trials with plastics producers leading to significant industry interest in its product for polymer applications, CalciRC(TM), CalciTech is executing on its product diversification strategy and has hired the services of Robert Higgs. Dr Higgs will lead the programme to capitalise on the growing recognition by industry of the attractions of CalciTech's SCC SCC - strongly connected component products in this market segment. At the High Performance Fillers 2006 Conference in Cologne, Germany, it was stated that: "The filler market in Europe and NAFTA NAFTA in full North American Free Trade Agreement Trade pact signed by Canada, the U.S., and Mexico in 1992, which took effect in 1994. Inspired by the success of the European Community in reducing trade barriers among its members, NAFTA created the world's is estimated at about 7.5 million tonnes, with a value of about EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 3 to 4 billion. The size of the high-performance filler market is estimated at between 0.5 and 1 million tonnes, with a value between EUR 400 and 600 million." In a career spanning over twenty-five years, particularly with Imerys, the French world leader in industrial minerals, Dr Higgs has held a variety of senior technical and commercial posts within the industrial minerals field. Amongst wide-ranging responsibilities he led product development and marketing programmes for specialised ground calcium carbonate calcium carbonate, CaCO3, white chemical compound that is the most common nonsiliceous mineral. It occurs in two crystal forms: calcite, which is hexagonal, and aragonite, which is rhombohedral. (GCC GCC: see Gulf Cooperation Council. (compiler, programming) GCC - The GNU Compiler Collection, which currently contains front ends for C, C++, Objective-C, Fortran, Java, and Ada, as well as libraries for these languages (libstdc++, libgcj, etc). ) in polymer applications. Dr Higgs also worked with other large corporations such as Dunlop and the Cookson Group Cookson Group plc is a leading materials technology company headquartered in London, England, which provides materials, processes and services to customers worldwide. The Group's operations are formed into three divisions – Electronics, Ceramics and Precious Metals. . Robert Higgs stated: "CalciTech is the most innovative player in the calcium carbonate field and I am delighted to take on this new role. It is my experience that the polymer indsutry has a need for new products that can address issues related to the quality of the finished products, processibility and cost control. CalciTech's SCC, more than any other product on the market today, addresses these issues and I expect the Company to play a significant role in this sector." The directors of the company take responsibility for this announcement. This press release contains "forward looking statements" including forward looking statements as that term is defined in section 27a of the united states United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. securities act of 1933 and section 21e of the securities and exchange act of 1934. Statements in this press release, which are not purely historical are forward looking statements and include any statements regarding beliefs, expectation or intentions concerning the future. Forward looking statements in this press release include, but are not limited to statements which are subject to a number of contingencies and uncertainties, including, but not limited to, market acceptance for Calcites products, manufacturing of Calcites products in a commercial setting, obtaining adequate financing and construction management for products and obtaining appropriate permits. It is important to note that the corporation's actual outcomes may differ materially from those in forward looking statements contained in this press release. Although the company believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations and intentions will prove to be accurate. Readers should refer to the risks disclosures in the company's public filings with the securities and exchange commission. |
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