2008-07-16 14:49:00
LITTLE ROCK, Ark.–(EMWNews)–Kelyniam Global, Inc. (OTCBB:KLYG),
an advanced Engineering and Rapid Prototyping Company proudly announces
today that the Company has received a research grant of $50,000.00 from
the State of Connecticut through the Department of Economic and
Community Development (DECD). After six months of review and research
into Kelyniam Engineering’s business plan, the
Connecticut Center of Advanced Technology has made a recommendation to
the DECD for approval. The proceeds will be used to purchase additional
high technology Laser equipment necessary for our Bio-CADCAM research.
James Ketner, President/CEO stated: “This
grant will allow Kelyniam to purchase specialized equipment in order for
us to continue our research of Bio-CADCAM technology. The initial use of
this new equipment will be for the inspection and quality control of our
new cranial implant products. Advances in laser and digital camera
technology will allow for a whole new way for verifying organic shapes
and to be able to replicate them with a high degree of accuracy.”
The research and development of this new technology will be performed at
our recently acquired state-of-the-art CADCAM facility in New Britain
Connecticut.
More information about Kelyniam Engineering can be found by following
the links provided on our newly updated website at (www.kelyniam.com).
This press release contains forward-looking statements within the
meaning of Section 21E of the Securities Exchange Act of 1934, as
amended that involve risks and uncertainties that could cause actual
events or results to differ materially from the events or results
described in the forward-looking statements. The forward-looking
statements are based on current expectations, estimates and projections
made by management. Kelyniam Global, Inc. intends for the
forward-looking statements to be covered by the safe harbor provisions
for forward-looking statements. Words such as “anticipates,”
“expects,” “intends,”
“plans,” “believes’’
“seeks,” “estimates,”
or variations of such words are intended to identify such
forward-looking statements. Additional uncertainties and risks are
described in Kelyniam Global, Inc.’s most
recently filed SEC documents at www.sec.gov.
All forward-looking statements are based upon information available to
Kelyniam Global, Inc. on the date hereof. Kelyniam Global, Inc.
undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
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