CalciTech Strengthens Material Sourcing.HAMILTON, Bermuda -- CalciTech Ltd. (Plus Markets: 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) ; OTCBB OTCBB See OTC Bulletin Board (OTCBB). : CLKTF) today announced it has commenced the expansion of its raw material sourcing programme. The programme is part of the Company's strategy to develop current projects and to identify new potential projects. Each potential project requires detailed feasibility studies The analysis of a problem to determine if it can be solved effectively. The operational (will it work?), economical (costs and benefits) and technical (can it be built?) aspects are part of the study. Results of the study determine whether the solution should be implemented. to be completed, and feed material sourcing plays an important role in this exercise, allowing promising projects to be fully developed. Growing interest in CalciTech's SCC SCC - strongly connected component products has shown that there is wide scope for production facilities, diversified both geographically and by industry sector, and the programme will prepare the Company for the development of these markets. Mr Yvan Hequet, a new appointment to the Company, will head the programme and carries responsibility for negotiating feedstock feed·stock n. Raw material required for an industrial process. Noun 1. feedstock - the raw material that is required for some industrial process raw material, staple - material suitable for manufacture or use or finishing supply arrangements. Mr Hequet has extensive commercial and technical experience in the lime industry, having previously been sales director for ten years at Lhoist, the global market leader in burnt lime Noun 1. burnt lime - a white crystalline oxide used in the production of calcium hydroxide calcined lime, calcium oxide, calx, fluxing lime, quicklime, unslaked lime, lime . Mr Hequet stated, "Based on my knowledge of, and experience in, the lime industry, I expect to be able to introduce a considerable range of feed materials for the Company's SCC process, both for currently planned and additional production facilities." The directors of the company take responsibility for this announcement. 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. " 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, expectations 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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