Kraig Biocraft Laboratories’ Management Complete

ANN ARBOR, Mich., Jan. 12, 2017 (GLOBE NEWSWIRE) -- Kraig Biocraft Laboratories, Inc. (OTCQB:KBLB) (“Company”), the leading developer of spider silk based fibers, announced today that the Company’s management just completed a series of successful meetings with government officials in Vietnam designed to outline a collaborative path to large scale production of the Company’s high performance silk technologies.  Following the meeting with provincial leadership, Company management toured mulberry production, silkworm rearing, and textile weaving facilities in the province of Quang Nam to better assess the region’s capacity. 

“We were very impressed with what we saw in Quang Nam, its people, history, and capacity makes it a great location for our advanced silk production,” said COO Jon Rice.

“We would, again, like to thank the Chairman, Vice Chairman and numerous other leaders of the province for their support and enthusiasm in exploring the opportunity to bring our technology to Quang Nam province,” added Company founder and CEO, Kim Thompson. 

This meeting was also recently reported by officials in Quang Nam province, Vietnam.  http://ipaquangnam.gov.vn/eng/tin-tuc-chi-tie...oa-ky.html

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About Kraig Biocraft Laboratories, Inc. Kraig Biocraft Laboratories, Inc. ( www.KraigLabs.com ), a fully reporting biotechnology company is the leading developer of genetically engineered spider silk based fiber technologies. The Company has achieved a series of scientific breakthroughs in the area of spider silk technology with implications for the global textile industry.

Cautionary Statement Regarding Forward Looking Information Statements in this press release about the Company’s future and expectations other than historical facts are “forward-looking statements.” These statements are made on the basis of management’s current views and assumptions. As a result, there can be no assurance that management’s expectations will necessarily come to pass. These forward-looking statements generally can be identified by phrases such as “believes,” “plans,” “expects,” “anticipates,” “foresees,” “estimated,” “hopes,” “if,” “develops,” “researching,” “research,” “pilot,” “potential,” “could” or other words or phrases of similar import. Forward looking statements include descriptions of the Company’s business strategy, outlook, objectives, plans, intentions and goals. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. This press release does not constitute an offer to sell or the solicitation of an offer to buy any security.

Ben Hansel, Hansel Capital, LLC (720) 288-8495 ir@KraigLabs.com