Sea 2 Sky Corporation
OTC Bulletin Board : SSKY

Sea 2 Sky Corporation

August 24, 2009 08:00 ET

Sea 2 Sky Provides Corporate Update

FERNDALE, WASHINGTON--(Marketwire - Aug. 24, 2009) - Sea 2 Sky Corporation (OTCBB:SSKY) a leading edge Renewable Bio-Energy Company is pleased to announce a corporate update with respect to its global business activities. Over the course of the past 60 days, several meetings and presentations have occurred in Europe, USA, New Zealand and Canada between Sea 2 Sky management and various corporations, governmental agencies and both private/public utilities. As a result of these meetings, several business opportunities have been identified and proposals have been submitted with pending alliances in progress. As these various partnerships and letters of understanding are completed, Sea 2 Sky will inform its shareholders and the investment community. To date, industry feedback has been overwhelmingly positive to Sea 2 Sky management and further validates its business plan of securing the largest global concentrations of wood biomass for resale as wood pellets in both basic and torrified forms. The torrified form pertains to applying technology to increase the energy in biomass products, and provide for the handling and application of torrified products much like coal but with significant environmental advantages. Sea 2 Sky is currently exploring and evaluating several alliances pertaining to the torrefaction method to best position itself and its shareholders going forward. We wish to thank all the loyal shareholders for their patience while the Company executes its business plan.

Sea 2 Sky recently attended the 5th Annual Emerging North West Tribal Economies Conference in Tulalip, WA. Mr. Henry James, Founder of Sea 2 Sky Corporation was a featured speaker at the event and was warmly welcomed regarding his opinions on sustainable growth forestry.

In addition, Erik Odeen, CFO and Director of Sea 2 Sky, has also been appointed as CEO for the Company effective immediatley. Mr Odeen CPA, CFE, has over 20 years experience in manufacturing operations, financial management, and public accounting. He resides in Newport Beach, California where he operates his consulting practice which provides accounting, financial management and advisory services to both public and privately-held company clients. More recently, Erik's focus has been complex accounting issues, corporate restructuring and reorganization, SEC reporting, and Sarbanes-Oxley compliance. His experience ranges from start-up and development stage to Fortune 100 companies, including turn-around and M&A engagements. During his 13 year career with International Paper, Erik was instrumental in the planning and implementation of financial and operating systems, and served in senior-level management positions with a division of XPEDX, IP's $6.7 billion distribution arm. Erik is an active member of the American Institute of Certified Public Accountants (AICPA), the California Society of CPAs (Cal CPA), and Association of Certified Fraud Examiners (ACFE). Mr. Odeen replaces Mr. David Siebenga who has resigned as Sea 2 Sky Corporation President and CEO for personal reasons but remains a Director. Also, the Company is reviewing and restructuring its Global Advisory board and plans to have additional members added over the next quarter to assist it in its growth. European member Mr. Richard Walton of the UK has been terminated from the Company's Global Advisory board effective immediately.

About Sea 2 Sky Corporation

Sea 2 Sky Corporation is headquartered in a HUB zone in Ferndale, WA. Sea 2 Sky Corporation is a leading edge Renewable Bio-Energy Company focused on delivering alternative energy solutions to Fortune 1000 companies, governmental agencies and countries around the globe. The Company is continuing to secure the largest concentration of biomass material globally and is backed by a "Special Category Minority Business" which enables it to compete effectively in a substantially growing market. Sea 2 Sky is positioned strategically with alternative energy suppliers of biomass wood pellets to secure long-term supply contracts to develop the products. It is creating a consistent specification that the target markets require to fulfill their energy needs in environmentally sound manufacturing facilities. More information about the Company may be found at

About Special Category Businesses and HUB Zones

The US government has created various incentive programs for certain demographic and minority based businesses in the institutional marketplace to compete with mandates of up to 23% of the US Federal Procurement Budget of $425 Billion for a total market window of $97 Billion. Within these mandates, requirements have been established to provide a strategic plan to have 3% mandated purchase requirements for Service-Disabled Veteran Owned Small Business (SDVOSB) from the Federal US Budget. Businesses located on a HUB zone are eligible for Federal contracting preferences with the government having a further 3% for contract set-asides to HUB zone-certified companies. Furthermore, small business are eligible for Federal contracting preferences with the government having up to a further 13% for contract set-asides to small business companies. Businesses owned and operated by Native Americans are eligible for Federal contracting preferences with the government having a further 5% for contract set-asides.

Notice regarding forward-looking statements

This press release contains forward-looking statements that may be subject to various risks and uncertainties. Such forward-looking statements are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and may include statements regarding our future financial performance or results of operations, including expected revenue growth. Unless otherwise required by law, we undertake no obligation to publicly update or revise any forward looking statements, whether as a result of new information, future events or otherwise after the date of this press release. Additional information concerning risks and uncertainties that would cause actual results to differ materially from those projected or suggested in the forward-looking statements can be found in the reports that we have filed with the Securities and Exchange Commission.

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