Cal-Bay International Inc (CBYI)

[hoerud]

Tuesday , January 22, 2008 12:47ET

HENDERSON, Nev., Jan 22, 2008 (BUSINESS WIRE) -- Cal-Bay International, Inc. (OTC: CBAY) today announced the appointment of Shaun Bailey as the new Company President.

Shaun Bailey's appointment as company President and seat on the Board of Directors today is simultaneous with the resignation of Mr. Roger Pawson.

Mr. Bailey has an extensive background in business management and corporate operations, along with a Bachelors Degree in Business. A full bio will be available when the company's new website is completed.

Mr. Bailey commented he is looking forward to resolving past issues that have surrounded the company and believes Cal-Bay has many opportunities for investors, and shareholders as the company returns to profitability.

Mr. Bailey further commented, Cal-Bay will continue to pursue all aspects of former real estate holding issues that the Company has encountered, along with the legal pursuit of all monies owed to the Company.

The Company plans to announce further additions to the Board of Directors in the near future along with the launch of the Company's newly constructed website and revised domain.

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.

Cal-Bay International, Inc.
http://www.knobias.com/story.htm?eid=3.1.1563fd89fb264f6df3cbe40bca2e54b0c05caf2c649adc1cb46bddc58b36f627