NAPLES, Fla., March 2, 2004 (PRIMEZONE) -- Serefex Corporation (OTCBB:SFXC), is pleased to have announced today the launching of its new magnetically backed digital premium glossy photo paper to the consumer and business marketplace. "Our new product has been extensively researched, engineered and developed to adhere to all properly MagnaPainted surfaces throughout the residential and commercial marketplaces," stated Mr. Dunn, President of Serefex Corporation. "Additionally, one added benefit of our product's very powerful penetrating magnetization is that it will adhere to all metal surfaces that traditional magnets are attached to in a superior manner, creating additional new market opportunities for Serefex. We are well underway towards filing for a US patent as well, furthered Mr. Dunn.
"With today's do-it-yourself digital photography industry still in its infancy stages, we are very optimistic about our products initial acceptance and long life cycle. Given the world's acceptance and usage of Magnets on home refrigerators and office filing cabinets, our digital photo paper is a natural fit for these traditional areas. When used in combination with MagnaPaint, consumers can now rearrange their photographs and artwork on their walls daily, without causing any of the traditional surface damage.
"With the successful launch of our paper underway, additional products from our research and development pipeline should be forthcoming shortly. We look forward in the near future to being able to provide the marketplace with a whole suite of magnetically backed items and various digital photography accessories," stated Mr. Dunn.
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.