SEFE, Inc. (OTCBB: SEFE) (“SEFE”) (“The Company”), an emerging
technology and solutions driven alternative energy company, is pleased
to announce the appointment of Michael Cromar, Ph.D., to its Board of
Directors, effective March 30, 2012. In connection with the appointment,
the Company’s board determined that Dr. Cromar is an independent
director as defined in the listing standards of the NASDAQ Global Market.
“Our company is at a critical stage in its growth and development,” said
Donald C. Johnston, Chief Executive Officer of the Company. “I speak on
behalf of the entire organization when I say that we are very glad to
have Dr. Cromar join our team at this juncture. His proven experience as
a technical executive and leader will allow SEFE to marry the science
and technology needs of our organization to the growth of business
development that will take us to the next level.”
Dr. Cromar’s extensive physics background has gained him experience
across the areas of thin film technologies, semiconductors, and
high-speed electronics, including 17 years at the National Institute of
Standards and Technology. He has also worked at the university level in
nanofabrication, and is now an independent consultant. His specialties
include evaluating technologies with a view toward fabrication,
monetization, and volume production. He has earned a BS in Physics and a
BA in Psychology from Stanford University as well as a Ph.D. in Physics
from the University of Oregon.
About SEFE, Inc.
SEFE focuses on pushing the boundaries of what’s possible, embracing
innovation and employing the cutting-edge to solve problems, and
offering sustainable solutions to a world hungry for invention,
direction and leadership. SEFE is technology- and solutions-driven,
focusing on developing inventions that provide a real-world impact and
true profitability. So, success is measured by both a sustainable return
on investment, as well as a project’s sustainability from an
environmental perspective.
For more information, visit www.SEFElectric.com.
Forward-Looking Statements
This release includes forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E
of the Securities Exchange Act of 1934, as amended. All statements
regarding our expected future financial position, results of operations,
cash flows, financing plans, business strategy, products and services,
competitive positions, growth opportunities, plans and objectives of
management for future operations, as well as statements that include
words such as “anticipate,” “if,” “believe,” “plan,” “estimate,”
“expect,” “intend,” “may,” “could,” “should,” “will,” and other similar
expressions are forward-looking statements. All forward-looking
statements involve risks, uncertainties and contingencies, many of which
are beyond our control, which may cause actual results, performance, or
achievements to differ materially from anticipated results, performance,
or achievements. We are under no obligation to (and expressly disclaim
any such obligation to) update or alter our forward-looking statements,
whether as a result of new information, future events or otherwise.
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