BALTIMORE, Oct 26, 2010 (GlobeNewswire via COMTEX) — Kalahari Greentech, Inc. (Pink Sheets: KHGT) announced today that the company has achieved current information status based on the rigorous requirements set forth by Pinksheets.com. This means that the company is fully compliant with all the rules and regulations necessary to attain classification in the current category. Updated financials and disclosure statements have been posted and can be found by visiting www.pinksheets.com, and typing KHGT in the search box.
In addition, Kalahari’s management team is in discussions with several select companies for possible joint manufacturing opportunities. Kalahari Greentech has been evaluating different opportunities to fast track the development and manufacturing of its Tri-Brid Solar energy product. Management is considering the “shortest path to market” and is looking for assistance in its efforts moving forward.
Please visit Kalahari’s website at www.kalaharigt.com to learn more about the company’s latest innovations.
About Kalahari Greentech, Inc.:
Kalahari Greentech, Inc. is an energy company focused on developing, constructing and operating wind and solar energy projects, either on its own or in partnership with other energy companies. The company’s main focus is to seek out opportunities to utilize its technology to develop renewable energy sources.
Forward Looking Statements: This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are “forward looking statements” and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include, among others, certain risks associated with the operation of the company described above. The Company’s actual results could differ materially from expected results.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Kalahari Greentech Inc.
CONTACT: CONTACT: Kalahari Greentech