updated 9/15/2010 9:46:08 AM ET 2010-09-15T13:46:08

SAN FRANCISCO, Sept. 15, 2010 (GLOBE NEWSWIRE) -- Emerging Growth Research, LLC, a leading research and analysis firm, has issued a new research briefing on Kraig Biocraft Laboratories, Inc. (OTCBB:KBLB), a biotechnology company focused on the development of spider silk based materials. Kraig Biocraft Laboratories recently announced it has successfully created genetically engineered silkworm moths with select spider genes. The Company plans to hold a press conference over the next few weeks to discuss its latest successes.

"We have followed Kraig Biocraft for over two years now and we are very excited about these developments," commented Joseph Noel, President of Emerging Growth Research, LLC and author of the report. "The science behind the Kraig Biocraft story is complex, but in our new briefing we explain the genetic techniques employed by the Company and the likely outcomes. Additionally, we outline our thoughts as to the applications for the Company's end products and provide information relative possible valuations for the Company based on various development scenarios."

The full report, which is being made available as of today, can be accessed at http://bit.ly/9NZ4LP

About Emerging Growth Research, LLC

Emerging Growth Research, LLC is like no other financial services or financial communications firm in the industry today. We combine elements of independent stock analysis, merchant banking and management consulting to deliver a unique service offering that serves both investors and corporate issuers. The principles at Emerging Growth Research are senior securities industry professionals and corporate executives, all of who possess at least 20 years of industry experience. 

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