SOURCE: Seamless Wi-Fi, Inc.

November 20, 2007 08:45 ET

Seamless Wi-Fi, Inc. September 30, 2007 10QSB Results to Be Reviewed

LAS VEGAS, NV--(Marketwire - November 20, 2007) - Seamless Wi-Fi, Inc. (OTCBB: SLWF) today announced the results of its September 30, 2007 10QSB. Also, Seamless Wi-Fi announced that it will review its 10QSB in an interview on www.stockbully.com on Thursday, November 29, 2007. A brief review of the 10QSB shows that, for the last six months, Seamless Wi-Fi has gone from having a shareholder deficiency, as of the March 30, 2007 10QSB, of $(2,810,865) to having shareholder equity of $4,591,952. The company also went from a net loss of $(813,173) for September 30, 2006 10QSB to net income of $440,296. The net gain is due to extraordinary income from debt reduction.

Seamless Wi-Fi's subsidiaries can be seen at the various tradeshows that Seamless Wi-Fi will be attending in the coming months, such as Consumer Electronics Show (CES®) held January 7-10, 2008, in Las Vegas, Nevada, or online. The S-XGen™ Mobil Computer, GPS, telephone and so much more, can be seen online at www.s-xgen.com and the latest version of the Seamless-Secure Internet Browsing software program S-SIB™, which incorporates 256 bit encryption and which can be downloaded for a free 30 day trial, can be seen at www.s-sib.com.

"I am pleased with our two most recent quarters and anticipate that this is the beginning of a trend that we feel we will be able to maintain as we mature our products and services," stated Albert Reda, CEO of Seamless Wi-Fi. "I am very excited about our potential because both the S-XGen™ and S-SIB™ meet unsatisfied needs in the market."

About Seamless Wi-Fi, Inc.

Seamless Wi-Fi, Inc. (www.slwf.net) is a Las Vegas-based company quoted on the OTC Bulletin Board under the symbol SLWF. Seamless Wi-Fi develops and markets secure cutting-edge Internet communications products and services through its three operating subsidiaries: Seamless Internet, Inc. (www.seamlessinternet.com), Seamless Skyy-Fi, Inc. (www.skyyfi.com), and Seamless Peer 2 Peer, Inc. (www.seamlessp2p.net).

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as Seamless Wi-Fi or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, such statements in this release that describe the company's business strategy, outlook, objectives, plans, intentions, or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, and risk inherent in the operations of a company. We assume no obligation to update any written or oral forward-looking statement made by us or on our behalf as a result of new information, future events or other factors.

Contact Information

  • Seamless Wi-Fi, Inc.
    800 N. Rainbow Blvd. Suite 208
    Las Vegas, NV 89107-1103
    Phone:(775) 588-2387
    Fax:(775) 588-2499
    E-mail: info@slwf.biz