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Sefe Incorporated : SEFE, Inc. Provides Shareholder Update

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05/03/2012 | 03:50pm CEST

SEFE, Inc. (OTCBB: SEFE) ("SEFE") ("The Company"), a technology- and solutions-driven sustainability company, has provided an update to shareholders on several recent developments, including corporate progress, strategic partnership opportunities, and financing.

Donald C. Johnston, SEFE's chief executive officer, said, "We wish to take this opportunity to reiterate to the investment community that our business is proceeding as planned and reassure we are making progress in executing our corporate goals."

The Company followed that SEFE has begun negotiating with a potential strategic partner on its alternative energy initiatives. Details are expected to be provided in the coming weeks, as the terms of the potential agreement become solidified.

Finally, the Company stated that it is in the process of reviewing and negotiating several shareholder-friendly financing proposals. "At the present time, we are carefully evaluating the proposals," said Donald C. Johnston, SEFE's chief executive officer. "That includes reviewing all of our options to ensure that we are securing the best, non-dilutive deal for our investors."

For more information visit www.SEFElectric.com

About SEFE, Inc.

SEFE focuses on pushing the boundaries of what's possible, embracing innovation and employing the cutting-edge to solve problems, and offering sustainable solutions to a world hungry for invention, direction and leadership. SEFE is technology- and solutions-driven, focusing on developing inventions that provide a real-world impact and true profitability. So, success is measured by both a sustainable return on investment, as well as a project's sustainability from an environmental perspective.

For more information, visit www.sefelectric.com

Forward-Looking Statements

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Relations Contacts:
SEFE, Inc.
Justin Ackerman, 949-295-7311
[email protected]
PR Contact:
Parallel Communications
[email protected]

© Business Wire 2012
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