Cal-Bay International Inc (CBYI)

[JimProfit]

Cal-Bay International to Start Re-Zoning Process for Company's 3.9 Acre Southern California Land Package
Tuesday May 22, 12:49 pm ET

CARLSBAD, CA--(MARKET WIRE)--May 22, 2007 -- Cal-Bay International, Inc. (Other OTC:CBAY.PK - News) announced the Company is ready to start the re-zoning process for the company's 3.9 acre southern California parcel located in North County, California.

Cal-Bay spokesman announced the property is currently zoned and constructed for equestrian/farm use and is located in the heart of a prime residential/retail area in North County, California. The company has received the forward looking appraisal on the property and upon completion of the rezoning process from equestrian/farm use to commercial use; the property value is anticipated to be in the range of $3M. The company recently acquired the property for $1.55M.

Cal-Bay anticipates the launch of the company's new website in early June 2007.

FORWARD LOOKING SAFE HARBOR STATEMENT: To the extent that this release discusses any expectations concerning future plans, financial results or performance, such statements are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and are subject to substantial risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and reflect only management's belief and expectations based upon presently available information. These statements, and other forward-looking statements, are not guarantees of future performance and involve risks and uncertainties. The Company assumes no obligation to update any of the forward-looking statements in this release.

Source: Cal-Bay International, Inc.