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Re: j$tops post# 30

Wednesday, 12/07/2011 5:59:21 PM

Wednesday, December 07, 2011 5:59:21 PM

Post# of 11577
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KALLO INC. Signs Strategic Alliance Agreement with PetroData Management Services Limited

Exclusive Agreement enhances Kallo's sales and delivery capacity in Nigeria

MARKHAM, Ontario, Dec 07, 2011 (BUSINESS WIRE) -- To enhance Kallo Inc.'s ability to address a global need for the provision of healthcare services in remote areas, the company has signed a formal agreement with PetroData Management Services Limited.

As part of Kallo's global growth strategy, this agreement enables Kallo to bring the Mobile Care(TM) clinic to areas in great need of such healthcare services through locally known and reputed distributors. PetroData Management Services Limited will sell Kallo's mobile clinic Mobile Care(TM) and provide local logistic and professional services for implementation and maintenance of the Mobile Care(TM) clinics.

"PetroData Management Services Limited has a well-earned reputation for excellence in data storage, management and customers service," said John Cecil, CEO, Kallo Inc. "Moreover, we are confident that the company's executive team, led by Chairman, Eng. Babajide Soyode, has the necessary regional credibility and reach to successfully represent our products and services in the Nigerian market -- one that requires Kallo's innovation to adequately provide healthcare services to remote communities. We look forward to a long and rewarding business relationship."

"As per WHO, Nigeria has only 2.97 healthcare workers per 1000 population v/s a global average of 9.3," said Eng. Babajide Soyode. "Through this relationship with Kallo, I am confident that we have the right mix of regional expertise and biomedical technologies needed, to address this urgent need and improve healthcare delivery in Nigeria's remote communities, I am proud to be associated with Kallo Inc. -- a company that I've come to know as one that has the right combination of insight, commitment and innovation required to meet the unique healthcare needs of the people of this great country," said Eng. Babajide Soyode Chairman, PetroData Management Services Limited.

The above news has been filed as an 8K on November 1, 2011.

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