VANCOUVER, British Columbia, Nov. 2, 2004 (PRIMEZONE) -- Stafford Energy, Inc. ("Stafford") (Pink Sheets:SFDE), is very pleased to announce that the company has engaged Ellis Foster Chartered Accountants, ("Ellis Foster"), as corporate auditors.
Richard Connors, Stafford's President, commented that Ellis Foster had an ideal combination of a strong capability to provide Stafford with the accounting expertise the company needed to roll out its' expansion internationally, together with an outstanding understanding of the technology sector.
Ellis Foster, with its international affiliation with Moore Stephens, will enable them to assist Stafford on a global basis with a network of over 440 offices strategically located in 91 countries. This will be particularly important as Stafford's subsidiary, Abucco Technologies Inc., ("Abucco") continues expansion in Europe and Asia.
For more information on Ellis Foster, please visit their website at www.ellisfoster.com.
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.
For additional information contact Investor Relations:
Jeff Dashefsky JMD Communications Inc. 1 866 476 3627 email: jeff@jmdcomm.com website: www.jmdcomm.com
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.