The Kiley Group Signs LOI

CARROLLTON, Texas, June 20, 2011 /PRNewswire/ -- The Kiley Group, Inc. (Pink Sheets: KGRI) has signed a Letter of Intent to purchase an existing Pinksheet Company to complete a reverse merger with one its clients, BuffWater.  The Kiley Group is currently in the due diligence stage of the acquisition and will be releasing more details once the transaction is complete.  This transaction will significantly increase The Kiley Group's position in BuffWater.    

"The transaction will bring added shareholder value to both KGRI and BuffWater. The merger will allow our client to bring on additional capital and expand its distribution channels.  We will be updating shareholders on KGRI's other current projects in the near future," states President William Smart.

SAFE HARBOR AND INFORMATIONAL STATEMENT

This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial condition or results of operations; (iii) the company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors including the risk disclosed in the company's registration statement and reports filed with the SEC. The Company claims the safe harbor provided by Section 21E(c) of the Exchange Act for all forward-looking statements

SOURCE The Kiley Group, Inc.

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