CalciTech Secures Pharma/Food Market Expert.Business Editors HAMILTON, Bermuda--(BUSINESS WIRE)--Jan. 7, 2002 CalciTech LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability . (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: CLKTF; CDNX CDNX See Canadian Venture Exchange (CDNX). : CLK CLK Clock CLK Clerk CLK CDC2-Like Kinase CLK Corel RAVE (file extension) CLK Chep Lap Kok (Hong Kong airport) CLK Ceska Lekarska Komora (Chech) ). CalciTech announces it has contracted with Swiss based consultant Jean-Claude Masson (www.expocontact.ch/masson) to conduct a dual European market study to identify the opportunities for the company's BubbleTube(TM) technology and for its ultra-pure PCC PCC prothrombin complex concentrate. for use in health and nutrition products. This initiative was triggered by the grant on October 10, 2001 of European patent EP 0 912 238 B1 covering the company's continuous segmented flow tubular reactor (BubbleTube(TM)) and the near completion of the company's semi-industrial PCC demonstration plant in Leuna, Germany. Jean-Claude Masson holds a Ph.D. from the Ecole Nationale Superieure de Chimie, Paris and an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from the Institut d'Administration des Entreprises The French Institutes for Business Management (French: Instituts d'Administration des Entreprises or IAE) are components of French universities. There are currently twenty-nine IAE's located on all of the French territory, which propose nearly 500 diplomas in , Paris. He gained a broad international experience in the speciality chemicals' arena as an executive with major companies including Shell Chemicals International and Batelle. In 1994, he created Rapprochement d'Entreprises, a consulting structure focussed on the pharmaceutical, speciality chemicals and food industries. BubbleTube(TM) extends the limits reached by the conventional techniques for the production of ever finer and uniform powders. Jean-Claude's mission will identify the valuable niches for this innovative technology. CalciTech's demonstration PCC plant in Leuna is nearing completion and arrangements are being made for certification of the product in paper coating, the volume target market of CalciTech PCC. Marc Janssens, Director of Marketing added: "While the huge paper market is very visible, the smaller volume / higher value speciality markets are very disseminated and hidden. In these markets, CalciTech's competitive edge is even more pronounced so we signed-on Jean-Claude Masson as the key to unlock these rich niche opportunities." In his assignment, Jean-Claude will work closely with CalciTech's commercial and technical departments. This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. which are subject to a number of contingencies and uncertainties, including but not limited to, market acceptance for CalciTech products, manufacturing of CalciTech products in a commercial setting, obtaining adequate financing and construction management for products and obtaining appropriate permits. Such forward-looking statements are not guarantees of future performance, and are based on numerous assumptions about future conditions that could change. No Stock Exchange has reviewed or accepted responsibility for the adequacy or accuracy of this press release. |
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