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SEFE, Inc. (SEFE) Updates Investor Community With Summary Of Latest Developments

|Includes: SEFE, Inc. (SEFE)

SEFE, Inc., a solutions-driven sustainability company developing and deploying a promising solution to our world's energy problems, today provided a shareholder update covering several recent developments, including corporate progress, strategic partnership opportunities, and financing.

Donald C. Johnston, SEFE's chief executive officer, stated, "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 also reported negotiations 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 are solidified.

Finally, the company is in the process of reviewing and negotiating several shareholder-friendly financing proposals. "At the present time, we are carefully evaluating the proposals," said Johnston. "That includes reviewing all of our options to ensure that we are securing the best, non-dilutive deal for our investors."

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