Kraig Biocraft Laboratories Promising New Line of Silkworm Transgenics Shows Incredible Results
ANN ARBOR, Mich., -October 31, 2016- Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“Company”), the leading developer of spider silk based fibers, today announced it has created a new line of genetically engineered silkworms that rival the Company’s Dragon SilkTM for the title as world’s strongest and most flexible recombinant spider silk. Based on early testing results, this new line has a high probability of delivering performance exceeding that of the record setting Dragon Silk line announced in 2015. Over the next several months the Company will conduct a thorough evaluation and performance comparison between these two incredible materials.
“This brand new transgenic is the result of more than a year of dedicated development and thousands of individual microinjections,” said COO Jon Rice. “We used a completely different approach in designing this new line to solving the challenge of commercially scalable spider silk. This different approach is perhaps most significant because it offers the possibility to create a super hybrid by merging it with Dragon Silk and other strains.”
“Even as we ramp up the production of Dragon SilkTM to fulfil our government contract and supply product for industry, we are inventing the next generation of materials to penetrate new markets,” said Company Founder and CEO Kim Thompson. “This laboratory breakthrough, so close on the heels of the launching of our production facility, emphasizes our lead in this burgeoning field,” continued Thompson.
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For more information about Spider Silk, check it out at www.kraiglabs.com/spider-silk.
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.
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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