updated 12/7/2010 3:45:48 PM ET 2010-12-07T20:45:48

BALTIMORE, Dec. 7, 2010 (GLOBE NEWSWIRE) -- Kalahari Greentech, Inc. (Pink Sheets:KHGT) released an update today on the dividend distribution process.

Shareholders of record as of October 18, 2010 who hold their shares in electronic form within a brokerage account will receive their additional shares automatically, and do not need to contact the transfer agent.

Shareholders of record as of October 18, 2010 who hold their shares in paper certificate form are the only ones who need to contact the transfer agent to obtain their additional shares. To expedite service, the transfer agent recommends that you send an email requesting your shares. The email should contain your full name, your current mailing address and phone number, and should be sent to info@wallstreettransfer.com.

Kalahari Greentech appreciates the patience and cooperation of its shareholders during this process.

Please visit Kalahari's website at www.kalaharigt.com to learn more about the company's latest innovations.

About Kalahari Greentech, Inc.: Kalahari Greentech Inc. is an energy company focused on developing, constructing and operating wind and solar energy projects, either on its own or in partnership with other energy companies. The company's main focus is to seek out opportunities to utilize its technology to develop renewable energy sources.

Forward Looking Statements: This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are "forward looking statements" and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include, among others, certain risks associated with the operation of the company described above. The Company's actual results could differ materially from expected results.

CONTACT:  Kalahari Greentech
          Investor Relations
          410-242-0763

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

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