|[April 05, 2012]
SEFE, Inc. Provides Operational Update
SCOTTSDALE, Ariz. --(Business Wire)--
SEFE, Inc. (OTCBB: SEFE.OB)
("SEFE") ("The Company"), an emerging technology and solutions driven
alternative energy company, is pleased to provide an update on its
efforts towards bringing to market our flagship product Harmony.
Specifically, since 2008 the company has been testing, protecting and
preparing its technology to commercially launch an aerostatic collector
to harness atmospheric electricity and convert atmospheric electricity
into usable power. Donald Johnston, Chief Executive Officer, commented,
"Our technology was founded in 2008 with a view towards having a
positive impact on our communities by utilizing a ubiquitous and cheap
source of energy - atmospheric electricity. The last four years have
seen this mere idea evolve into a solution that we aim to commercialize
and sell to mining and manufacturing companies as well as to utility
companies and others."
Most recently, the company has produced both fixed and mobile prototypes
and has been conducting tests at various geographic locations in diverse
environmental conditions. The data collected from these and upcoming
tests will prove invaluable as we approach commercialization.
"Since the initial tests proved that this could be a viable energy
source, we have been building a portfolio of intellectual property to
protect our solutions in order to ensure our place in a growing
alternative energy industry. This includes patentd technology to
provide a low cost and highly available source of electric power,"
said Michael Hurowitz, Director of Engineering.
In addition, the company has and continues to work with top tier
attorneys and firms to protect the company's intellectual property and
plans to file additional patents with the US Patent and Trademark Office.
Mr. Johnston added, "According to Bloomberg (News - Alert) New Energy Finance's Global
Renewable Energy Market Outlook, global net power production is
scheduled to increase by 90% over the next 20 years. Also, the clean
energy market is expected to grow to $254 billion by 2017. This
information along with more aggressive energy policies at all levels of
government, position SEFE's technology to participate not only in the
existing renewables market but also to capitalize on the growth of
renewables use in developing economies."
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
For more information, visit www.sefelectric.com.
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.
Quoted Sources: http://www.newenergyfinance.com/WhitePapers/download/53
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