Serefex Corporation Signs Agreement for the Exclusive Right to Manufacture, Market and Sell the Product for Patent No. 5,599,866 which Relates to, Among Other Things, a Surface Coating Composition Capable of Retaining a Magnetized Object


NAPLES, Fla., June 2, 2004 (PRIMEZONE) -- Serefex Corporation (OTCBB:SFXC) is pleased to announce that it has signed an agreement with the sole owner of patent No. 5,599,866 for the exclusive worldwide right to manufacture, market and sell the product described briefly as a surface coating composition capable of retaining a magnetized object.

"We are extremely pleased to have entered into this agreement allowing Serefex to brand its own line of magnetic attractive coating for the foreseeable future. As we continue to roll out our magnetically backed product line, acquiring our own coating was essential to offering the retail and commercial marketplace a complete turnkey solution for creating interactive, magnetically attractive walls and coatable surfaces," stated Mr. Dunn, President of Serefex Corporation.

This press release contains forward-looking statements that are based upon current expectations and involve a number of risks and uncertainties. In order for the Company to utilize the "safe harbor" provisions of the Private Securities Litigation Reform act of 1995, you are hereby cautioned, and the Company hereby notes, that such statements may be affected by risk factors affecting the Company generally, as well as those identified in the Company's filings with the Securities and Exchange Commission, and actual results could differ materially from the forward-looking statements. The Company undertakes no obligations to update or revise any such forward-looking statements.



            

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