LANSING, MI–November 4, 2010- Kraig Biocraft Laboratories Inc. (KBLB) announces that Technology Review, published by the Massachusetts Institute of Technology, recently featured the company in its article titled, “Transgenic Worms Make Tough Fibers,” which is available online at http://www.technologyreview.com/biomedicine/26623/.
“MIT’s Technology Review is a very prestigious publication, and we are pleased with the interest in our company,” said Kim Thompson, Kraig Biocraft Laboratories CEO and founder. “The fact that Technology Review featured Kraig’s recent genetic engineering breakthroughs as the headlining story highlights the importance and commercial potential of this new technology. Frankly, our research team has earned these accolades by creating a technology that has the potential to revolutionize material science and have an exciting and positive impact on the textile markets.”
To learn more about company’s recent commercial and scientific breakthrough, visit KraigLabs.com.
The Kraig Labs Web site (www.KraigLabs.com) currently hosts several short videos that describe the technological breakthrough and outlines the commercial potential, which garnered attention in the scientific and trade journals. Also available on the Web site is the company’s recent CEO shareholder conference call.
Statements in this press release about the company’s future and expectations other than historical facts are “forward-looking statements.” These statements are made on the basis of management’s current views and assumptions. As a result, there can be no assurance that management’s expectations will necessarily come to pass. These forward-looking statements generally can be identified by phrases such as “believes,” “plans,” “expects,” “anticipates,” “foresees,” “hopes,” “develops,” “researching,” “research,” “potential,” “could” or other words or phrases of similar import. Similarly, statements in this release that describe the company’s business strategy, outlook, objectives, plans, intentions or goals should all be considered forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. Management cautions that its ability to further its research and create commercially-viable products may be affected by the competitive environment, the company’s financial condition and its ability to raise sufficient capital to meet the financial obligations of its business plan and to fund its continuing operations.