GENEVA, September 23 /PRNewswire-FirstCall/ -- CalciTech Ltd. (OTCBB: CLKTF) CalciTech announces today that it has signed a Letter of Intent with Calcinor SA of Spain. Calcinor is Spain's largest producer of lime, which is the principal raw material for CalciTech's Synthetic Calcium Carbonate (SCC). The objective is to build a plant at one of Calcinor's sites. Michael Watts, CalciTech's Marketing Director stated, "This is an excellent opportunity for us to develop our business in southwest Europe with an experienced partner, as an additional territory for our planned production plant program for Europe. " "Calcinor is a company with extensive operations in Spain and elsewhere and we look forward to a productive long- term relationship. " "By transferring a new technology to Spain, we can enable the paper, paint, plastics and food industries to upgrade their products. We intend to work with Calcinor to develop the market and secure commitments from customers." Martin Sarobe, Calcinor's Director of Innovation and Development, added, "This is an opportunity for Calcinor to diversify its product line and introduce a new technology. It makes better use of our lime capacity and there are also benefits from the CO2 that is absorbed by the CalciTech SCC process." 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 products 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. Contact : CalciTech Ltd. Thomas Shortt Tel.: +41-22-710-40-20 E-Mail: Internet : http://www.calcitech.com/ DATASOURCE: CalciTech Ltd CONTACT: Contact : CalciTech Ltd., Thomas Shortt, Tel.: +41-22-710-40-20, E-Mail:

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