GENEVA, Aug 31, 2010 (BUSINESS WIRE) -- CalciTech Ltd. (Plus Markets:CLK) (OTCBB:CLKTF) announces today that its wholly owned subsidiary CalciTech Synthetic Minerals Europe Ltd. (CSME) has moved its German operations to a new facility in Leuna. This facility, which is just adjacent to the Leuna chemical complex, was chosen to fulfil the requirements of a further stage in product and application development.
The installation of the pilot plant in the new facility has been designed to allow its extension to test the forthcoming phases in our technical development program, including the conversion of de-inked paper sludge into Synthetic Calcium Carbonate (SCC) and Sustainable Metakaolin (SMK).
The laboratory and offices will allow for an increase in the technical staff working on the phased introduction of a number of industrial plants in Europe.
The directors of the company take responsibility for this announcement.
This press release contains "forward looking statements" including forward looking statements as that term is defined in section 27a of the United States Securities Act of 1933 and section 21e of the Securities and Exchange Act of 1934. Statements in this press release, which are not purely historical are forward looking statements and include any statements regarding beliefs, expectation or intentions concerning the future. Forward looking statements in this press release include, but are not limited to statements which are subject to a number of contingencies and uncertainties, including, but not limited to, market acceptance for CalciTech's products, manufacturing of CalciTech's products in a commercial setting, obtaining adequate financing and construction management for production and obtaining appropriate permits.
It is important to note that the corporation's actual outcomes may differ materially from those in forward looking statements contained in this press release. Although the company believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations and intentions will prove to be accurate. Readers should refer to the risks disclosures in the company's public filings with the Securities and Exchange Commission.
SOURCE: CalciTech Ltd.
CONTACT:
CalciTech Ltd. North America Investor Relations: Andrew Barwicki Email: Andrew@barwicki.com Tel: +1 800 481 5119 (USA toll free) or Europe: Thomas Shortt Email: Thomas.Shortt@calcitech.com Tel: +41 22 710 4020
Copyright Business Wire 2010
-0-
KEYWORD: Germany
Switzerland
Europe
INDUSTRY KEYWORD: Technology
Data Management
Manufacturing
Chemicals/Plastics
SUBJECT CODE: Product/Service