Sebastian River Holdings, Inc. (Ticker: SBRH) - Enters Into a Thirty Five Million Dollars Service Agreement

Top Quote Sebastian River Holdings, Inc. enters into an LOI agreement with South Korea to provide products and services. End Quote
  • (1888PressRelease) May 19, 2011 - Sebastian River Holdings, Inc. (Ticker: SBRH)

    The acquisition of a large 12,000 square foot facility in South Korea gave Vaenza-Nature Power Corporation (a subsidiary of Sebastian River Holdings, Inc.) the necessary storage space to attract a larger customer base while offering lower prices. Vaenza-Nature Power Corporation vigorously pursued opportunities to engage clients in their environmentally friendly products over the last few months. Vaenza Corporation had participated in the world's largest alternative energy conference, made numerous connections with government officials and other companies in the alternative energy field.

    Sebastian River Holdings, Inc. is proud to announce, due to the relentless effort of their employees at Vaenza Corporation, that the company has agreed upon a $35 million dollars contract with South Korea. This contract entails installation and maintenance of the (VAWT) technology by SBRH employees for the next five years around the country.

    Due to the fluctuations in the economy the employees at SBRH have went above and beyond for the company. In a time where attaining finances is next to impossible, this milestone moment may help SBRH allocate enough funding that can lead to the finalization of other pending contracts, strategic partnerships, acquisitions, and opportunities in the near future.

    Future outlooks for Sebastian River Holdings, Inc. is taking steps forward. With a stringent funds management strategy and a revolving business plan SBRH hopes to expand their product offerings and services into Japan and other countries that are committed to alternative energy revolution. Stay tuned for further updates.

    Safe Harbor: This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.

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