SOURCE: Harbor Brewing Company

February 17, 2010 09:00 ET

Harbor Brewing Company, Inc. Enters War of 1812 Amber Ale in World Beer Cup 2010

Sackets Harbor Brewing Company Also Attending Craft Brewers Conference in April

SACKETS HARBOR, NY--(Marketwire - February 17, 2010) - Harbor Brewing Company, Inc. (PINKSHEETS: HBWO), a holding of Seaway Valley Capital Corporation (PINKSHEETS: SEVA), today announced that it has entered Sackets Harbor Brewing Company's "War of 1812 Amber Ale" in the World Beer Cup 2010 to be held in Chicago (www.worldbeercup.org). The event, which accepts a limited number of entrants in 90 beer categories, is billed as "the most prestigious beer competition in the world."

Sackets Harbor Brewing Company founder and Master Brewer Stephen Flynn stated, "Entering our War of 1812 Amber Ale in this competition is an important step to increase the brand's exposure outside the Northeastern region, and regardless of the outcome of the competition, our presence at the show will do just that."

The World Beer Cup will be held simultaneously with the 2010 Craft Brewers' Conference (www.craftbrewersconference.com), which the company will be participating in as well. The Conference is held for professional brewers to promote brewing education and idea sharing to improve brewery quality and performance. The conference is also the industry's largest networking opportunity for breweries and brewery vendors to help foster partnerships and profitable business relationships.

The company recently announced that it has commenced in its search for property to potentially be used for the construction of a commercial brewery in which both packaged and draught product would be produced and distributed.

About Harbor Brewing Company, Inc.
Harbor Brewing Company, Inc. develops and acquires craft brewing companies and select craft beer labels. The company acquired Sackets Harbor Brewing Company ("SHBC") (www.1812ale.com) in August 2009. SHBC develops, produces, and markets micro brewed beers such as the award winning "War of 1812 Amber Ale" and "Thousand Island Pale Ale" as well as "Railroad Red Ale," "1812 Amber Ale Light" and "Harbor Wheat" specialty beers. Its "1812 Amber Ale" is the company's flagship brand and was the winner of a Silver Award at the World Beer Championship. The company has also developed complementary products such as Sackets Harbor Coffee and Sackets Harbor Brewing Co. Root Beer.

About Seaway Valley Capital Corporation
Seaway Valley Capital Corporation (www.seawayvalleycapitalcorp.com) makes equity, equity-related, and debt investments in companies that require expansion capital. Seaway also seeks investments in leveraged buyouts and restructurings. Seaway will consider investment opportunities in a number of different industries, including retail, restaurants, consumer products, media, business services, manufacturing, and select technologies. Seaway Valley's current portfolio includes Hackett's Stores, Inc. (PINKSHEETS: HCKI), Alteri Bakery, Inc., Harbor Brewing Company, Inc. (PINKSHEETS: HBWO) and Seaway Realty Holdings, LLC.

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