TUSTIN, Calif., Oct. 1, 2003 (PRIMEZONE) -- Cal-Bay International, Inc.'s wholly owned subsidiary, Cal-Bay Analytical, Inc., has recently reached an agreement to serve as the exclusive sales representative for Cilas analyzer products in California and Nevada.
Cal-Bay International is a publicly traded company currently trading on the Over the Counter Bulletin Board (OTCBB:CBYI). Cal-Bay International currently has two operating subsidiaries: Cal-Bay Controls and Cal-Bay Analytical, and has plans to grow in the future by expanding its current businesses, acquiring other companies or developing new products. Cal-Bay Analytical was formed earlier in 2003 and operates as a manufacturer's sales representative and distributor of laboratory and process control instrumentation and related products.
According to Bob Thompson, President of Cal-Bay Analytical, "Cilas manufactures state-of-the-art analyzer products that use laser diffraction technology to determine particle sizes in powders, suspensions or emulsions. Cilas is headquartered in France and is a subsidiary of the Aerospatiale-Matra Group, a part of the European consortium EADS which is focused in the aerospace field with the Airbus commercial aircraft and Arianne missiles. Cilas has earned a reputation for high-quality instrumentation, including instruments used in their aerospace programs as well as in industrial applications. We feel this will be an excellent addition to the line of products represented by the newly formed Cal-Bay Analytical division and these products should be well received in the United States. Cal-Bay is also actively searching for several additional product lines to add to our existing base of business that will complement and expand our sales presence in the laboratory marketplace."
For additional information refer to the company Internet website at www.calbayinternational.com
This press release contains forward-looking statements. The words "estimate", "possible" and "seeking" and similar expressions identify forward-looking statements, which speak only as to the date the statement was made. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks.