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KalMD to seek FDI from Indralan Firms"Future is in Online Sales", says CEO
Sulari, Suldanor
September 7, 4452


KalMD CEO Tashunke-Washte to visit Indrala to discuss online sales

Kalistani Microdivisions CEO, Vivian Tashunke-Washte announced plans to begin work with Indralan tech firms to grow the business into the area of online sales.  Said Tashunke at August's stockholders meeting:  "We have exciting new opportunities to expand our operations into a new sector of the Kalistani Economy.  The future is in online sales.  As our infrastructure continues to standardize and expand, and more and more people have access to the net via cell-phones and hand held devices, the next step has always been to give them something to do with these phones.  In this way, the recession cleared the way for new growth and new opportunities in new sectors that the old Kalistan never dreamed of.  And KalMD is leading the way."

According to Government Spokesmen in the Foreign Ministry, The State of Indrala has approached Kalistan with opportunities to cooperate with Indralan firms in making this launch.  "We will review the various aspects of the market leaders in Indrala, and move from there.  Naturally, this will be yet another opportunity to spin off and create yet another brand under the KalMD umbrella.  Once the Indralan firms make their pitch in Kalistan, KalMD will utilize its significant liquidity and will begin working with them to develop a new brand that will offer shoppers consumer goods at their finger tips.  It is a new day in Kalistan."

The negotiations are in their earliest phases, but KalMD's shareholders were excited by the news of expansion.  Both KMD and KMM shares were up once more in the Kalsie with the KMD index rising to 1.79 and the KMM index up to 2.1.  Ripple effects were felt in other areas, as the Nationalized Industry KalNaTexCo also saw a slight bump in prices, up .23 points over yesterday's closing.  Analysts are convinced that expansion in the Textile Corporation is due to greater expectation of online sales of fabrics and clothing once KMD spins off.