SOURCE: Seamless Wi-Fi, Inc.

June 14, 2007 14:53 ET

Seamless Wi-Fi Satisfied $4.9 Million Loan Debt With Ayuda Funding With Restricted Rule-144 Shares of 1st Global Financial and DLR Funding

LAS VEGAS, NV--(Marketwire - June 14, 2007) - Seamless Wi-Fi, Inc. (OTCBB: SLWF) today issued a clarification of the terms of the fulfillment of the requirements of a Loan Satisfaction Agreement with Ayuda Funding Corp., a Nevada corporation ("Ayuda"). To retire the debt in full Seamless Wi-Fi transferred 1,000,000 Rule-144 restricted (as of date of transfer) shares of common stock of 1st Global Financial Corp. (PINKSHEETS: FGBF), a Nevada corporation, and 500,000 Rule-144 restricted (as of date of transfer) shares of common stock of DLR Funding, Inc., a Nevada corporation, (collectively, the "Repayment Shares") to Ayuda as payment in full of the three separate loans made by Ayuda to the Company with an aggregate balance of $4,904,508.03.

The transfer of the Rule-144 Restricted Repayment Shares from the Company to Ayuda has been completed and has been deemed satisfied in full.


Ayuda Funding Corp. is an independent lending institution based in Carson City, Nevada with offices in New York and New Jersey, with a 20+ year track record of developing and completing financing alternatives for public companies, top management and real estate developers based upon collateralized assets. Ayuda's management team combines creative financing expertise and vision to unlock value and resources through working intimately with their clients to understand their assets, needs and potential. For more information about Ayuda please call 1-877-298-3248 or visit the web site at

About Seamless Wi-Fi:

Seamless Wi-Fi, Inc. ( is a Las Vegas-based company listed 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 Skyy-Fi, Inc., Seamless Peer 2 Peer, Inc., and Seamless Internet, Inc. Seamless Skyy-Fi, Inc. ( has Wi-Fi hotspots and is developing the "Secure Internet Browsing" Wi-Fi encryption software program "SI(n)B™." Seamless Peer 2 Peer, Inc. ( has developed and launched Phenom™ V3.0, its Secure Peer 2 Peer Virtual Internet Extranet encryption software, which provides SOX and HIPAA-compliant internet communications over standard internet services. Seamless Internet, Inc. ( is manufacturing and marketing the S-Xgen™ Ultra Mobile Personal Computer and Communications Device including a 3G phone that combines portability, connectivity, processing power and entertainment capabilities for the ultimate road-warrior laptop replacement. Seamless Internet also provides secure hosting services for all Seamless Wi-Fi company clientele.

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.

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