SOURCE: Bayport International Holdings, Inc.

June 28, 2012 08:00 ET

Bayport International Holdings, Inc. (PINKSHEETS: EXTO) Updates Call Information for Conference Call and Announces Subsidiary Testing Program

LAS VEGAS NV--(Marketwire - Jun 28, 2012) - Bayport International Holdings, Inc. (PINKSHEETS: EXTO) recently announced the Company will host a conference call on Thursday, June 28, 2012 at 11:00 a.m. Eastern Daylight Time to provide a shareholder update and discuss the Company's recent progress, developments, and future plans. Call instructions are as follows:

Conference Call Details

Date: Thursday, June 28, 2012

Time: 11:00 a.m. (EDT)

Call-in number: (559)726-1300

Participant access code: 494056#

For those shareholders who would like to listen via the Internet, this call is available for all Skype listeners. To use Skype, simply add "freeconferencecallhd.5597261300" to your contacts list. At the time of the call, right-click the contact and choose "Call." When prompted, enter the Participant Access Code as instructed using your keypad. The keypad is located under the "Call" menu.

Additionally, Cosmic American Rare Earth has decided to initiate a new testing program on all three WOW claims. This new testing program will consist of three to five new assay reports per each of the three WOW claims. This is in response to proof up the assets moreso from the existing 2008 report.

We plan to have this done within the first thirty days of final bond approval through the BLM and Utah oil gas mining division. Should these samples test positive, we intend to start our small mining operations immediately after said approval. All logistics and management along with finances are ready and equipped to do as such.

About Bayport International Holdings, Inc.

Bayport International Holdings, Inc. is a company formed to exploit the various precious minerals in the U.S. to acquaint the public with practical investment opportunities in strategic metals and minerals. Bayport International Holdings, Inc. is primarily focused on precious metals, rare earth, and oil and gas ventures. Bayport International Holdings, Inc. is developing mining and oil and gas properties with economic potential, with the aim of bringing such properties to commercial production. The company's portfolio of properties is primarily located in the prolific western USA in Utah and Texas.

Recently, the Company announced that its wholly-owned subsidiary Cosmic American Rare Earth (CARE), Inc. has submitted a Notice of Intention to Commence Small Mining Operations to the Utah Division of Oil, Gas and Mining and has received Permit Number S0230110.