| January 26, 2010 CalciTech Appoints New Director | |
| Geneva, Switzerland, January 26th 2010 - CalciTech Ltd. (OTCBB: CLKTF) CalciTech today announces that Michael Brickell has been elected to its Board as non-executive director. Mr. Brickell is a Chartered Accountants and has over 40 years of experience at senior management levels in business enterprises in England, Europe and North America. He was formerly with The Great Universal Stores Ltd and a director of a number of subsidiary companies, both in the UK and continental Europe. Mr. Brickell was also President and COO of Holt, Renfrew & Co. Ltd. a leading fashion stores group operating throughout Canada. He is currently an owner and Chairman of Cotswold Collections Limited, a retail mail order company in England, and Deputy Chairman and non-executive director of Industrial Minerals Corporation (IDM.AX), an Australian listed company involved in the exploration and production of mineral sands in the USA. With the addition of Mr. Brickell, the Board gains a consummate businessman, who will lend his broad experience to the Company's already extensive corporate governance and will assist the Company in issues of both a financial and corporate nature. He takes the position of the late Mr. Alan Perkins and will therefore also serve on the audit committee. Following his appointment, Mr. Brickell will be entitled to the normal meeting attendance fees and expenses and is granted a share option to purchase 250,000 shares at a price of USD 0.095. This option has a five year maturity, expiring on January 25th 2010. For further information: CalciTech Ltd. Thomas Shortt Email: Thomas.Shortt@calcitech.com Tel: +41 22 710 4020 www.calcitech.com The directors of the company take responsibility for this announcement. This press release contains "forward looking statements" including forward looking statements as that term is defined in section 27a of the United States Securities Act of 1933 and section 21e of the Securities and Exchange Act of 1934. Statements in this press release, which are not purely historical are forward looking statements and include any statements regarding beliefs, expectation or intentions concerning the future. Forward looking statements in this press release include, but are not limited to statements which are subject to a number of contingencies and uncertainties, including, but not limited to, market acceptance for CalciTech's products, manufacturing of CalciTech's products in a commercial setting, obtaining adequate financing and construction management for production and obtaining appropriate permits. It is important to note that the corporation's actual outcomes may differ materially from those in forward looking statements contained in this press release. Although the company believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations and intentions will prove to be accurate. Readers should refer to the risks disclosures in the company's public filings with the Securities and Exchange Commission. | |