SOURCE: Simulated Environment Concepts, Inc.

December 11, 2007 09:01 ET

Simulated Environment Concepts, Inc. Reorganization Nears Completion

MIAMI, FL--(Marketwire - December 11, 2007) - Simulated Environment Concepts, Inc. (PINKSHEETS: FAVE) announced today that it has completed the reorganization of 5th Avenue Channel Corp., which was purchased as the vehicle for the company to be publicly traded. In addition, Simulated Environment Concepts has sent in a request to the Financial Industry Regulatory Authority for a symbol and name change.

Simulated Environment Concepts, Inc. President and CEO Dr. Ella Frenkel said, "We are excited to have completed the reorganization and are ready to move into the company's next phase. 2008 promises to be a major year for Simulated Environment Concepts, with new features and projects for SpaCapsule®."

Managing Director Allen Licht added, "Our SpaCapsule® product is already the most advanced relaxation system available for the market. It will continue its market leadership position as we launch new marketing and product campaigns."

About Simulated Environment Concepts, Inc.:

SIMULATED ENVIRONMENT CONCEPTS, INC. is the US-based manufacturer and distributor of the patented SpaCapsule®. The company creates innovative, high-quality simulated environment products for businesses and consumers. The Company dominates the market in health-related wellness, relaxation, de-stressing, and rejuvenation equipment. The SpaCapsule® can be found in many environments such as Corporate Employee Lounges, Relaxation Centers, Gyms and Health Clubs, Doctors' Offices, Hotels, Tanning and Beauty Salons/Spas, Luxury Accommodations, Gulf Clubs, Ski Lounges, Shopping Centers and Malls, Airports, Cruise Ships, Luxury Yachts, Homes, and many other venues. SpaCapsule® was created to provide de-stressing and an amazing relaxation experience. The Spa Capsule® was designed and tested by Doctors. It is in the forefront of mainstream healthcare alternatives. It seamlessly integrates cutting edge technology and relaxing elements, such as Audio and Video Stimulation, Aroma Therapy, iPod® / iPhone® integration, and Oxygen into the best "SpaCapsule®" product ever designed. SpaCapsule® and Simulated Environment Concepts are the official sponsors of Wellness and Stress-Free Living Generation™.

Safe Harbor -- This press release includes forward-looking statements that involve risks and uncertainties, including, but not limited to, product delivery, the management of growth, market acceptance of certain products and other risks. These forward-looking statements are made in reliance on the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. For further information about these factors that could affect Simulated Environment Concepts, Inc. future results, please contact the Company directly. Prospective investors are cautioned that forward-looking statements are not guarantees of performance. Actual results may differ materially from management expectations.

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