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There is important breaking news coming from Kelyniam Global, Inc. (OTCBB: KLYG), and the company should have investors monitoring the stock closely. Yesterday after the markets closed, the company, an advanced Engineering and Rapid Prototyping Company specializing in CADCAM technology, issued a press release announcing that negotiations have begun to acquire Canadian Technology Firm, Bimen Business Consultants as a wholly owned subsidiary.

Great news for the company! James Ketner, President and CEO of Kelyniam Global, Inc., stated: "The merger will add significant shareholder value, and will position Kelyniam with future opportunities which will allow us continued growth, and to operate at very high profit margins. Bimen Business Consultants has been operating profitably for over 20 years. This merger alone has the potential to significantly raise the 2009 earnings forecast we released on July 22, 2008. Since revenue generated from the acquisition will be in Canadian dollars, Kelyniam will now have earnings diversity across more than one currency."

The President of Bimen Business, Mr. Tom Caringi, has agreed to make a significant investment in Kelyniam to reassure management and shareholders of his long term commitment to the success of the merger. Mr. Caringi founded Bimen Business Consultants in 1987 and will continue to manage and oversee all operations of Bimen under Kelyniam Global, Inc.

Investors are urged to continue to monitor the progress of the company!

Before the news was released, the stock closed Monday at Thirty cents a share.

For Wall Street News Alert's in-depth profile of Kelyniam Global, Inc., visit http://www.WallStreetNewsAlert.com/HotStocks/KLYG072808/default.aspx.

Intel Corp. (NASDAQ: INTC) down 1.5% on 49.8 million shares traded.

Intel, the world leader in silicon innovation, develops technologies, products and initiatives to continually advance how people work and live.

3M (NYSE: MMM) down 1.8% on 4.8 million shares traded.

A recognized leader in research and development, 3M produces thousands of innovative products for dozens of diverse markets. 3M's core strength is applying its more than 40 distinct technology platforms -- often in combination -- to a wide array of customer needs.

EMC Company (NYSE: EMC) down 0.7% on 25.9 million shares traded.

EMC Corporation is the world's leading developer and provider of information infrastructure technology and solutions that enable organizations of all sizes to transform the way they compete and create value from their information.

Market Commentary:

"On Thursday, investors will see the first report on gross domestic product for the second quarter. Economists polled by Thomson Financial/IFR expect the Commerce Department to report that gross domestic product rose thanks in part to the government's tax rebate checks," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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