September 23, 2013 09:00 ET

AEGEA Initiates EB-5 Foreign Investment Program

U.S. Visa Program to Provide Financing for Mega-Resort Destination in Florida

NORTH PALM BEACH, FL--(Marketwired - Sep 23, 2013) - AEGEA, Inc. (OTCQB: AEGA) ("AEGEA"), a planned mega-resort destination and international community in Florida, announced today that as part of its financing strategy, it has initiated an EB-5 foreign investment program under the U.S. Immigration and Nationality Act and administered by the USCIS (United States Citizenship and Immigration Services).

The purpose of the EB-5 program is to create at least ten full-time jobs per investor that will benefit the U.S. economy by offering investment opportunities to foreign nationals who wish to obtain permanent residency status (Green Card) through the USCIS Immigrant Investor Program. After making the investment, the investor, their spouse and their unmarried children under the age of 21-years-old will receive conditional green cards for two years, at which time the investor and his or her family may be eligible for permanent residency. Forecasts for FY 2013 estimate that EB-5 capital will account for over $2 billion in foreign direct investment. Since 2005, the program has injected over $6 billion in capital to the U.S. economy and added over 95,000 U.S. jobs.

At this time, AEGEA will be pursuing a direct investment strategy for its EB-5 program whereby an investment is made directly into the project and not through a Regional Center as with most EB-5 investments. Regional Centers are typically private companies authorized by the USCIS to serve as a pass through for foreign investor funds. In many cases, the money is loaned by the Regional Center to a particular project and the foreign investors receive an unsecured note, which needs to be paid back in five years or longer in some cases. The repayment is dependent on the success of the project or the ability to refinance the investors out of the deal. In contrast, AEGEA will offer its securities to the foreign investors directly in exchange for their investment. AEGEA will not be offering or selling any investments in the EB-5 program in the United States. The securities offered in the EB-5 program will not be registered under the Securities Act.

"AEGEA is an exciting project that I believe will work well with an EB-5 program. I have been following AEGEA's progress over the past year and have been working with AEGEA on certain potential foreign investor groups. The EB-5 program is an excellent source of capital to stimulate jobs and economic growth in the U.S.," said Larry Behar, of Behar Law Group, an immigration law firm specializing in the EB-5 program. Mr. Behar has approximately 35 years of experience in immigration law and has published several books on the subject in multiple languages. His expertise is sought after worldwide.

AEGEA INC., is developing a spectacular experience for guests and an idyllic lifestyle for residents by blending world-class entertainment with culture and timeless architecture, introducing its Entertainment Living™ brand. AEGEA is committed to developing a sustainable and environmentally conscious community. AEGEA's mission is to pursue innovation, increase shareholder value, and strive to better the lives of its visitors and residents. AEGEA's plans include luxury hotels, residences, restaurants, cultural experiences, an Olympic-style sports complex, themed attractions, an equestrian village, vast blue water lagoons and waterways, and authentic, timeless architecture selected from around the world. While similar in some respects to other large-scale, multi-purpose destination properties, AEGEA's design will be unique in that the sprawling complex will include a mix of residences and hospitality, entertainment and culture inspired by an advanced civilization dating back 4,000 years. Located within the state of Florida, AEGEA enjoys the distinct advantage of a massive nearby resident and visitor population base from which to draw attendance and ownership.

Safe Harbor Forward-Looking Statements
In connection with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Aegea, Inc., is hereby providing cautionary statements identifying important factors that could cause our actual results to differ materially from those projected in forward-looking statements (as defined in such act). Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as "will likely result," "are expected to," "will continue," "is anticipated," "estimated," "intends," "plans," "believes" and "projects") may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. These statements include, but are not limited to, our expectations concerning our ability to finance, acquire and develop AEGEA's planned resort, our ability to attract investors who qualify under the EB-5 program and our expectations regarding our future revenues.

We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.

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