SOURCE: SEFE, Inc.

June 23, 2011 08:27 ET

SEFE, Inc. Appoints Harold Sciotto to Board of Directors

TEMPE, AZ--(Marketwire - Jun 23, 2011) - SEFE, Inc. (OTCBB: SEFE) (OTCQB: SEFE), developer of an innovative solution designed to capture energy from our atmosphere, today announces the appointment of Harold Sciotto to the Company's Board of Directors.

SEFE's mission is to generate energy by harnessing static electricity in the atmosphere and converting it into an endless power supply. The company noted Mr. Sciotto's experience in the alternative energy industry as complementary to development initiatives and the implementation of its business strategy.

Mr. Sciotto most recently served as Corporate Secretary and Treasurer of ECOtality, Inc. (ECTY) from December of 2004 until November of 2010, and as a Director of the company from December of 2004 until October of 2009. On October 1, 2009, Electric Transportation Engineering Corporation (eTec), a subsidiary of ECOtality, Inc. (ETLY), announced it has officially signed a contract with the U.S. Department of Energy for a grant of $99.8 million to undertake the largest deployment of electric vehicles (EVs) and charging infrastructure in U.S. history.

From June 1964 until his retirement in May 1993, Mr. Sciotto served Sears Roebuck & Company in various sales and management positions. These positions encompassed store sales and department management positions, store merchandise manager, district business manager, and store manager. He was also a managing partner of Smart Safe Homes, LLC, and has served as an independent business consultant to various business ventures.

"SEFE is completely unique in its pursuit of generating clean, carbon-free energy," stated Mr. Sciotto. "I am very excited to be a part of this revolutionary initiative and believe the experience I've accumulated over the course of my career will help accelerate the company's momentum."

About SEFE, Inc.
SEFE was founded in 2008 with the idea that intellectual property can drive product solutions. Using this as a mantra, the SEFE team tackled the pervasive problem of clean energy delivery, employing a host of associates who are experts in fabrication and product development, FAA regulations, engineering and utility consultation, among others. The solution being developed works by capturing and converting naturally occurring static electricity in the atmosphere into a constant, abundant and completely green source of renewable energy.

Safe Harbor: This press release contains certain forward-looking statements with respect to SEFE, Inc. and its business. Statements that are not historical facts are identified as "forward-looking statements." The words "estimate," "project," "intend," "expect," "believe," "plan," and similar expressions, particularly when used in the "future tense," are intended to identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Information on potential risk factors that could affect the Company's business plans and financial results can be found in the Company's reports filed with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.

Contact Information

  • SEFE, Inc. Headquarters
    1900 West University Drive
    Suite 231
    Tempe, Arizona 85281
    info@SEFElectric.com