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Crystalix Group International Inc. Announces Executive Management Plan for Other Countries.


LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States.  -- Crystalix Group International Inc. (CGI CGI
 in full Common Gateway Interface.

Specification by which a Web server passes data between itself and an application program. Typically, a Web user will make a request of the Web server, which in turn passes the request to a CGI application program.
) (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
: CYXG) announces that senior management, led by Kevin Ryan Kevin Ryan may refer to:
  • Kevin Ryan (athlete)
  • Kevin Ryan (author)
  • Kevin Ryan (rugby footballer), later Australian political figure
  • Kevin P. Ryan, entrepreneur, former DoubleClick CEO
  • Kevin V. Ryan, American attorney, U.S.
, chairman, president & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , and Doug Lee, executive vice president of operations, are currently involved in a number of strategic initiatives aimed at improving global supply chain management, logistics, sourcing and new product development. "CGI is exploring all manufacturing and production options available through various countries. The company is focused on reducing CGI's costs, improving profitability and accelerating growth through existing and new channel distribution on a global basis," stated Lee. "CGI is also working to stop the illegal flow of 2D & 3D subsurface laser etched products into the U.S. retail market. The company is actively cooperating with government authorities as well as working with Laser Design International (LDI See OpenLDI. ) and Norwood to eliminate these illegal products from reaching the consumer market in the United States," stated Ryan.

About Crystalix Group International Inc.

Crystalix is the leading manufacturer, distributor and marketer of laser subsurface engraved en·grave  
tr.v. en·graved, en·grav·ing, en·graves
1. To carve, cut, or etch into a material: engraved the champion's name on the trophy.

2.
 optical-quality glass products. Its principal product is a personalized three-dimensional engraved crystal that features the facial image of one or more persons or other three-dimensional images. As of Sept. 30, 2003, Crystalix had 44 kiosks owned by its marketing partners in retail shopping malls, resorts, promenades, casinos, and theme parks where its crystals are engraved and sold. Its engraving process involves the use of a high-resolution digital camera, a laser image scanner, and a laser that is configured together by a standard desktop personal computer, using its proprietary software and a Windows operating system. The laser image scanner converts images from the digital camera, a customer's digital image, or a hard copy photograph into a three-dimensional or two-dimensional digitally formatted image that will be engraved into the center of the crystal by the laser.

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. Such statements can be identified by lead-in "Looking Forward." These statements are not guarantees of future performance and involve significant risks and uncertainties. Actual results may vary materially from those in the forward-looking statements as a result of the effectiveness of management's strategies and decisions, general economic and business conditions, new or modified statutory or regulatory requirements, and changing price and market conditions. No assurance can be given that these are all the factors that could cause actual results to vary materially from the forward-looking statement.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 18, 2004
Words:399
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