August 25, 2008

Kelyniam Releases Second Quarter Earnings Results

Monday August 25, 8:00 am ET

Little Rock, Arkansas--Kelyniam Global, Inc. (KLYG) an advanced Engineering and Rapid Prototyping Company specializing in CADCAM technology today releases second quarter earnings results.

Over the weekend, the Company released financial statements for the second quarter 2008, and would like to take a little time to discuss what these statements mean in layman’s terms.

The company stated on a press release on July 22, 2008, that management believed that profitability could be attainable by year end 2008.  We are doing a little better than was expected at the time of that release.  Our second quarter Revenue for $160,000 USD only accounts for the revenues generation by the recent acquisition of M2-Systems for the month of June, since that acquisition was finalized on June 1.

The Bottom line is that if the Company had not issued and expensed the stock issued for compensation to some of the affiliates during the second quarter 2008, we would have had retained earnings of around 2 cents a share, and things are on track for the third quarter to be better than the second quarter.  We are now raising the 2008 year end earrings from break even to 3-5 cents a share.

Since Kelyniam’s creation, management’s intentions have been for the parent to become a holding company similar to Berkshire Hathaway.  Our first acquisition was made for $1.00 USD for over 1 million dollars in assets, and over 1 million dollars of projected revenues for the year following the acquisition.  That was a good deal for the shareholders.  We have a couple more acquisitions in mind over the course of the next six months that management also believes will add significant shareholder value.

Kelyniam became public with the intentions of raising money in the U.S. equity markets in order to facilitate faster growth by acquiring additional companies similar to our most recent acquisition.  Because management has not and will not get involved with some sort of toxic financing, we have not been able to raise additional funding through the equity markets.  Because no acceptable financing has been afforded the company to date, management’s primary directive has changed to completely focusing on the growth of the company which will result in the fact that our current market cap is severely undervalued.

At the close of the market on Friday, August 22, 2008, and with the projected earnings for the end of 2008, the company’s stock is trading at a forward multiple of 4, which management believes is an undervalued price to sell personal stock in order to raise money for future acquisitions.  The average price to earnings multiple for a small growth company similar to Kelyniam is between 30 to 40, which would mean that our company’s stock should be trading around $1.75 for 2008 earnings projections, and over 3 dollars for 2009’s earnings projections.

As of the date of this press release, neither the company nor the affiliates have, because of the lack of liquidity in the company’s market and what they believe to be a significantly undervalued share price, sold stock in the public market.   If the market of Kelyniam Global, Inc. stock becomes more liquid, and reflects a more equitable price, then the affiliates have every intention of selling some of their positions in order to use the proceeds for the growth of the company.

A more detailed explanation of the Company's second quarter earnings can be found by following the Financial Statements tab, or by selecting this link:  http://www.kelyniam.com/2008Q2.htm

Please feel free to call the Company if you have further questions.

1-800-280-8192