SOURCE: Swordfish Financial, Inc.

September 20, 2011 19:29 ET

Swordfish Financial, Inc. and Peace Through Water Foundation Visit Wells Fargo Bank in San Jose, CA

Peace Through Water Client Has Cash and Gold in Wells Fargo Bank

ROCKWALL, TX--(Marketwire - Sep 20, 2011) - Swordfish Financial, Inc. (OTCQB: SWRF) (PINKSHEETS: SWRF) and the Peace Through Water (PTW) foundation president recently travelled to San Jose, California in reference to a client bank account located within Wells Fargo.

"Approximately 2 years ago Mr. Thompson of (PTW) and Swordfish Financial, Inc. (SFI) CEO Mike Alexander had a conference call with the branch manager of this Wells Fargo branch where he confirmed the clients account but needed additional information not available to PTW and SFI at that time," says Alexander.

"Recently, the client was able to provide the additional information to PTW and SFI and we made contact with the branch manager. The manager we previously spoke to is no longer at the San Jose branch. We made an appointment with the new branch manager and flew to San Jose for the meeting. Upon arrival at our designated appointment time of 10:00am the new branch manager was not available. We met with another bank employee who has just been transferred to the San Jose branch one day prior to our meeting and he was unable to locate the client's account," says Alexander.

Complaints have been filed by PTW against Wells Fargo with Office of the Comptroller of Currency (OCC) and Securities and Exchange Commission.

"We will remain diligent until this matter is successfully concluded for PTW's client," says Alexander.

About Swordfish Financial, Inc.

Swordfish Financial, Inc. (SFI) is a publicly held diversified financial asset recovery company formed to acquire orphaned assets of high net worth individuals, companies and to originate, fund, source funding for humanitarian and corporate transactions. SFI's primary operations will be to acquire and provide funding for organizations in the currently underserved humanitarian and eco-friendly markets. SFI will provide economical and efficient use of capital by providing loans to and or investments in small and medium sized organizations by providing asset based funding against marketable "income producing and/or marginable" assets. Our funding will enable our organizations to compete more effectively, improve operations and increase shareholder value.

Forward-Looking Statements:

This document contains forward-looking statements and information as that term is defined in the Private Securities Litigation Reform Act of 1995, and, therefore, is subject to certain risks and uncertainties. There can be no assurance that the actual results, business conditions, business developments, losses and contingencies and local and foreign factors will not differ materially from those suggested in the forward looking statements as a result of various factors, including market conditions, competition, advances in technology and other factors.

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