VANCOUVER, British Columbia, Canada, Sept. 8, 2004 (PRIMEZONE) -- Stafford Energy, Inc., ("Stafford") (Pink Sheets:SFDE), is very pleased to announce that its subsidiary Abucco Technologies Inc. ("Abucco") has signed up it's first ten Dealerships in North America.
Abucco continues to execute its business plan and has signed up ten Dealerships that currently market their products to related market places. These Dealerships will be representing both the Recreational and Commercial product lines of Abucco. It is anticipated that this Dealer Network will grow substantially in the months to come as numerous requests by Dealers to carry the Abucco line of products continues to be generated. At the time of writing, there are over 25 additional Dealer requests that Abucco is currently evaluating for potential inclusion to the Abucco Dealer Network. These requests come from all over the world including Europe, Asia and South America.
In an effort to strengthen its sales channels even further, Abucco has also launched a new Demonstration System Program that provides to the Dealers a facility to properly demonstrate to potential customers, the systems full functional abilities. These systems have been piloted with great feedback and it is a direct result of this pilot program that the decision has been made to include one Demonstration System with every Dealership request approval.
Abucco, a 100% wholly owned subsidiary of Stafford is in the business of high technology security, access and telemetry monitoring and control over the Internet and wireless networks. For more information about Abucco, please see Abucco's website at www.abucco.com.
Stafford intends to continue to update its shareholders and the marketplace as newsworthy events occur.
Safe Harbor Statement:
Statements in this press release that are not historical facts are forward-looking statements, including statements regarding announcements of financial results, business potentiality and other prospective presentations by Stafford. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products in domestic and international markets will continue to expand. Stafford undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in Stafford's expectations with regard to these forward-looking statements or the occurrence of unanticipated events.