MOLD-TEK TECHNOLOGIES LTD. - Commencement of New Project

Mold-Tek Technologies Ltd has informed BSE that the Company has entered a long-term business relationship with a European Client to work on a product development project based on Salesforce.com Cloud Computing Technology. This will enable Company to grow its IT Division and revenues substantially in the near future. Through this, the Company is entering into a niche and high end product development arena of Cloud Computing.