NAPLES, Fla., March 12, 2004 (PRIMEZONE) -- Serefex Corporation(OTCBB:SFXC) is pleased to announce the launch of it's newadhesively backed industrial-strength magnetic tape for distribution toboth the commercial and retail marketplaces. "Our new product has beenextensively researched, engineered and developed to hold items ofconsiderable weight to all properly MagnaPainted surfaces throughoutthe residential and commercial marketplaces," stated Mr. Dunn,President of Serefex Corporation. "An added benefit of our product'svery powerful Industrial Strength is that it will exhibit superioradherence to any of the traditional metal surfaces to which magnets areattached, creating further market opportunities for Serefex."
"When combined with MagnaPaint, our adhesively backed magnetized tape greatly expands the multitude of uses available in both the residential and commercial marketplaces. Our tape allows a user to attach framedphotos, artwork, diplomas, degrees, calendars, planning boards,schedules and numerous other items to walls without having to usenails, tacks, screws or adhesives, virtually eliminating wall damage."
"With today's ever increasing productivity demands in the workplace,businesses are searching for ways to make more productive use of theirexisting space. Our MagnaPaint system fills this need by allowing theentire wall to become functional and adaptable to the challenges athand", Mr. Dunn noted further.
"With the successful launch of our magnetically backed photo paper andadhesively backed magnetic tape underway, additional products from ourresearch and development pipeline should be forthcoming shortly. Welook forward, in the near future, to being able to provide themarketplace with a whole suite of magnetic-backed items and variousdigital photography accessories," Mr. Dunn concluded.
This press release contains forward-looking statements that are basedupon current expectations and involve a number of risks anduncertainties. In order for the Company to utilize the "safe harbor"provisions of the Private Securities Litigation Reform act of 1995, youare hereby cautioned, and the Company hereby notes, that suchstatements may be affected by risk factors affecting the Companygenerally, as well as those identified in the Company's filings withthe Securities and Exchange Commission, and actual results could differmaterially from the forward-looking statements. The Company undertakesno obligations to update or revise any such forward-looking statements.