SOURCE: Cal-Bay

Cal-Bay

November 17, 2009 13:21 ET

Cal-Bay Attracts Investors at Conference

Las Vegas Real Estate Company Poised for Comeback After Making Splash in Texas

LAS VEGAS, NV--(Marketwire - November 17, 2009) - Cal-Bay International (PINKSHEETS: CBYI)

Strategic Alliances and Financial Statements

Cal-Bay International is pleased to announce a strategic engagement with Newport Capital Consultants, Inc. Newport will assist Cal-Bay as a consulting firm for investor relations. This engagement has come after several months of internal restructuring, careful planning, and managerial auditing to prepare the company to operate successfully. In addition to a recent reverse split to restore the equity position of the company, we have prepared unaudited financial statements from 2006 to the present, and will soon post them online and on our website.

New Business Plan and Investor Conference

Cal-Bay International has also developed a business plan and, with the help of Newport Capital, has begun to present that plan to investors.

The first of these investor presentations was given on Saturday, November 14 in Frisco, TX at the quarterly conference held by Southwest Investment Association, Inc. -- a subsidiary of Newport Capital. Shaun Bailey, President of Cal-Bay International, spoke at the conference and presented a 20 minute summary of the company's plan.

After the event Mr. Bailey stated, "I felt the conference went extremely well. Several investors expressed interest in discussing an investment partnership, and it is exciting for me to see real interest in what we have always felt was an excellent business plan. We will be following up with these investors and investment firms in the next few weeks."

The presentation will be posted within the next three weeks on the SWIA website (www.swiaconference.net). The plan that was presented outlines how Cal-Bay will selectively invest in foreclosure properties in distressed areas in the United States including Las Vegas, NV.

For more information concerning Newport Capital, the SWIA conference, or investment relations please contact Steve Jones of Newport Capital at (972) 712-1039.