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Bacterin International Holdings, Inc. Completes Merger and $7.5 Million Raise
Date:7/1/2010

BELGRADE, Mont., July 1 /PRNewswire/ -- Bacterin International, Inc. ("Bacterin"), a Nevada company, today announced that it has completed a reverse merger transaction with Bacterin International Holdings, Inc. f/k/a K-Kitz (the "Company"), in which the Company caused its wholly-owned subsidiary to be merged with and into Bacterin, with Bacterin as the surviving company.  Concurrently with the closing of the merger, the Company also completed a private placement of common stock and warrants to purchase common stock to accredited investors, and received gross proceeds of approximately $7,508,000 at the closing of the private placement.

As a result of, the merger, the Company has terminated its prior business and is now engaged, through Bacterin, solely in the business of biomaterials research, development, and commercialization.  Bacterin is in the process of expanding its intellectual property base and has successfully leveraged its technical expertise and knowledge of biofilms into multiple product areas. Bacterin markets its products through its in-house sales force and select distributors. To further its growth opportunities, Bacterin has established partnerships with major medical device manufacturers and provider networks, in addition to the vast universe of private and unaffiliated hospital and surgical practices to which it markets. Bacterin also maintains an ongoing product development of innovative tissue constructs and bioactive coated devices.  Revenues for Bacterin come from product manufacturing, sales, distribution, licensing agreements and grants.

Before the merger, the Company's corporate name was K-Kitz, Inc., and its trading symbol was KKTZ.OB.  On June 29, 2010, the Company changed its corporate
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SOURCE Bacterin International, Inc.
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