Kelyniam Enters Negotiations With PerioSeal, Inc.
January 14 2010 - 7:00AM
Marketwired
Kelyniam Global, Inc. (PINKSHEETS: KLYG) announces today that the
company has entered into negotiations to acquire PerioSeal, Inc., a
company based in Little Rock, Arkansas.
The Negotiations are to acquire PerioSeal as a wholly owned
subsidiary, in which Dr. Don Callan will be the President of that
Division, and will manage the operations of that division as he
sees fit. Dr. Callan will also be appointed a seat on the Board of
Directors of Kelyniam if the acquisition is finalized. Dr. Callan
is the inventor of PerioSeal's unique products, and holds the
patents for these products over the course of the next 11
years.
The acquisition will allow PerioSeal to utilize Kelyniam's
management, led by Mr. Joseph Delligatti, ex Director of Marketing
and Sales for Stryker Corporation, a 6.3+ billion dollar medical
company, to assist in the sales growth of PerioSeal's product
lines. Kelyniam's Engineering Division will also be looking into
the production and manufacturing of the equipment needed for
PerioSeal's custom Dental Implants.
Mr. James Ketner, Kelyniam's founder, added, "The primary reason
for the acquisition of PerioSeal by Kelyniam is to add shareholder
value. Kelyniam's management believes these goals are attainable by
utilizing the symbiotic relationship between PerioSeal's patented
products, and Kelyniam management's sales experience. PerioSeal's
implant method is a great improvement over current procedures, and
has the potential to significantly increase the patient's quality
of life."
More information about PerioSeal, Inc., PerioSeal's unique
products, and Clinical Studies can be found by going to PerioSeal's
home page or by selecting the following link www.perioseal.com.
Kelyniam Global, Inc. recently created a new video describing
some of the company's new and exciting technology. The video can be
watched by going to the company website and selecting the video
icon on the left-hand side of the website. www.kelyniam.com
About Kelyniam Global, Incorporated:
Kelyniam Global, Inc. is a balanced vertically-integrated
multi-industry holding corporation. The company's divisions and
subsidiaries service a vast array of clients across numerous fields
and industries encompassing, but not limited to, dental, medical,
automotive, aerospace, jewelry, nautical and consumer products. The
company specializes in the use of CADCAM technology with recent
developments in the production of high precision replication of
artificial bone implants for medical applications.
Contact: James Ketner Kelyniam Global, Inc. www.kelyniam.com
1-800-280-8192 Donald Edwards PerioSeal, Inc. www.perioseal.com
1-501-687-7325
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