SOURCE: IO Circuit

May 31, 2007 10:15 ET

(OTC: KALG) Receives $2.55 Price Target by Market Advisors

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO Circuit

LAKE HARMONY, PA--(Marketwire - May 31, 2007) - KAL Energy, Inc. (OTCBB: KALG) (FRANKFURT: D9T) announced Market Advisors, Inc., a stock research firm, has initiated coverage of KAL Energy, Inc. today with an intermediate-term price objective of $2.55.

To read the complete release, go to http://biz.yahoo.com/iw/070531/0259910.html

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