Cal-Bay Confirms Acquisition With Cambertire

LAS VEGAS, Dec. 18, 2012 (GLOBE NEWSWIRE) -- Cal-Bay International, Inc. (Pink Sheets:CBYI) today announced the pending acquisition of the Tire manufacturing company is with Cambertire.

Cal-Bay released the information today and reported the definitive agreement between the two companies is in the final stages of completion and the closing date will be announced shortly. Thereafter, all changes to the Board of Directors, business strategy, name & symbol change and financial information will be announced publicly.

All Investor relations calls at this time should be addressed directly to: The Nabors Group 713-875-9200

Safe Harbor Statement:

Safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as CBYI or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. 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.

CONTACT: Investor Relations: The Nabors Group: 713-875-9200 E-mail: International