OKLAHOMA CITY, May 12, 2000 /PRNewswire via COMTEX/ --  Cala Corporation (OTC
Bulletin Board: CCAA) today announced that the worldwide business consulting
firm KPMG has been retained, and has completed preliminary applications, in the
formation of the Cala Institute as a non-profit organization.
 
The Cala Institute will be housed in the Undersea Resort & Casino, currently
under development by the Cala Corporation. The purpose of this newly formed
non-profit will be to expose disadvantaged youth to vertical hospitality service
and management. The Cala Institute will draw young people from all sectors of
society, from both rural and urban backgrounds. Joseph Cala, Chairman and CEO of
Cala Corporation, stated that students would be trained at to provide
unparalleled service at every level of the hospitality industry.
 
KPMG is a global professional advisory firm whose aim is to turn knowledge into
value for the benefit of its clients, its people, and its communities. With more
than 100,000 people collaborating worldwide, KPMG provides consulting, tax and
legal, advisory and assurance services from more than 820 cities in 159
countries.
 
The formation of the Cala Institute is being directed by Senior Manager, John M.
Panetta of KPMG's San Francisco office. Mr. Panetta has already completed
preliminary applications to secure the Cala Institute's non-profit legal status.
 
Cala Corporation recently announced the engagement of Guido Perla and
Associates, renowned Naval Architects, Mechanical and Electrical Engineers to
begin the engineering and plan preparation for the Undersea Resort & Casino.
 
About Cala Corporation. Cala Corporation is an international hospitality company
with a corporate emphasis on the ownership, operation and management of hotels,
hotel-based restaurants, and real estate development. Cala Corporation is
currently developing the Undersea Resort & Casino Project with proposed
locations throughout the world.
 
For further information on Cala Corporation, please contact 405-234-4960 or
e-mail info@calacorporation.com.
 
The information in this company profile includes certain forward-looking
statements as defined in the "Safe Harbor" provision of the Private Securities
Litigation Reform Act of 1995. These statements are based upon assumptions that
are subject to significant risks and uncertainties. Although the Company
believes that the expectations reflected in forward looking statements are
reasonable, it can give no assurance that the expectations of any of its
forward-looking statements will prove to be correct.
 
SOURCE Cala Corporation
 
 
 (C) 2000 PR Newswire.  All rights reserved.
 
 prnewswire.com
-0-
 
 CONTACT:          Cala Corporation, 405-234-4960 or info@calacorporation.com
 
 
 KEYWORD:          Oklahoma
 INDUSTRY KEYWORD: LEI
                   RLT
 SUBJECT CODE:     OTC
 
 URL:              calacorporation.com
 
***  end of story  ***