CARROLLTON, Texas, June 22, 2011 /PRNewswire/ -- The Kiley Group,
Inc. (KGRI.PK) is pleased to offer this corporate update to
continue with its strategy of keeping shareholders informed on the
further development and execution of The Company's business plan.
KGRI has reached an agreement with a private equity funding
group that will assist KGRI in its future joint ventures with
companies wanting to go to a public market. This agreement
will allow KGRI to be more efficient and better serve its clients.
"We are thrilled with this new relationship, we believe this
will help us better utilize our time, energy and capital on our
future projects. We are also currently in joint venture
negotiations with two revenue producing companies in the technology
sector. As we finalize these contracts, we will immediately
notify our shareholders," states President William Smart.
SAFE HARBOR AND INFORMATIONAL STATEMENT
This press release may contain forward-looking information
within the meaning of Section 21E of the Securities Exchange Act of
1934, as amended (the Exchange Act), including all statements that
are not statements of historical fact regarding the intent, belief
or current expectations of the company, its directors or its
officers with respect to, among other things: (i) the company's
financing plans; (ii) trends affecting the company's financial
condition or results of operations; (iii) the company's growth
strategy and operating strategy; and (iv) the declaration and
payment of dividends. The words "may," "would," "will," "expect,"
"estimate," "anticipate," "believe," "intend" and similar
expressions and variations thereof are intended to identify
forward-looking statements. Investors are cautioned that any such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties, many of which are beyond the
company's ability to control, and that actual results may differ
materially from those projected in the forward-looking statements
as a result of various factors including the risk disclosed in the
company's registration statement and reports filed with the SEC.
The Company claims the safe harbor provided by Section 21E(c) of
the Exchange Act for all forward-looking statements
SOURCE The Kiley Group, Inc.