LANSING, Mich — February 4, 2013 — Kraig Biocraft Laboratories, Inc. (KBLB) (the "Company" or "Kraig") announced today that it is accelerating its pilot production program, as a result of positive initial data from the first stage of the trial.
The acceleration to the second phase of the program is designed to increase production capacity of Monster Silk, the Company's recombinant spider silk, by more than tenfold over the first stage. Kraig's strategy calls on further accelerating the production program by initiating a third stage, if the program continues to meet its targets.
The first phase of the pilot production program for Monster Silk is continuing, even as phase two is being launched. The purpose of the program is to verify scalability and favorable production economics of Monster Silk, to significantly increase production, and to form the basis of large scale commercial production of the Company's recombinant spider silks.
"The initial success of the first stage has given us the confidence to accelerate the program," said Kraig founder and CEO, Kim Thompson. "We are now well ahead of the schedule that we envisioned even a few weeks ago. This is a critical step forward in the commercializing of our laboratory discoveries. The launching of stage two, which I view as the heart of the pilot production program, is the most exciting and momentous event in the Company's history, second only to our invention of Monster Silk."
