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Serefex Receives Formal Fridge Tape Purchase Order from Walgreens Tuesday April 5, 12:29 pm ET
NAPLES, Fla.--(BUSINESS WIRE)--April 5, 2005--Serefex Corporation (OTCBB: SFXC - News) is pleased to announce that it has received a formal purchase order from Walgreens (NYSE: WAG - News) for its revolutionary new consumer product Fridge Tape(TM). Walgreens, one of the Nations Top Ten largest retailers, is scheduled to have Fridge Tape(TM) on its shelves effective June 1st of this year for all of its 4,700 plus stores.
"We are extremely pleased to be able to offer our Fridge Tape(TM) to Walgreens customers and to also simultaneously launch our National Marketing Campaign to introduce Fridge Tape's(TM) revolutionary qualities to the consumer and commercial marketplace," stated Brian S. Dunn, President of Serefex Corporation. "With Fridge Tape(TM)'s ability to neatly organize photographs, children's artwork, greeting cards, class schedules, and other lightweight items on refrigerators, office filing cabinets, school lockers as well as any other magnetically attractive surfaces, we anticipate future Fridge Tape(TM) Purchase Orders from Walgreens and other National Retailers," furthered Mr. Dunn.
We have been and will continue to work very hard on achieving national distribution for our current and yet to be announced future products. We encourage all interested readers to please visit our website at www.serefex.com to register their contact e-mail for future news releases by clicking on the investor relations link located on the left-hand side of our homepage.
This press release contains forward-looking statements that are based upon current expectations and involve a number of risks and uncertainties. In order for the Company to utilize the "safe harbor" provisions of the Private Securities Litigation Reform act of 1995, you are hereby cautioned, and the Company hereby notes, that such statements may be affected by risk factors affecting the Company generally, as well as those identified in the Company's filings with the Securities and Exchange Commission, and actual results could differ materially from the forward-looking statements. The Company undertakes no obligations to update or revise any such forward-looking statements.
Contact:
Serefex Corporation Brian Dunn, 239-262-1610 brian@serefex.com
Source: Serefex Corporation
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The aggregate market value of the issuer’s Common Stock held by non-affiliates (56,888,746 shares) was approximately $6,826,650, based on the average closing bid and ask price for the Common Stock on February 28, 2005 .
As of February 28, 2005, there were outstanding 126,787,746 shares of the issuer’s Common Stock, par value $.0001.