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SeaLife 1000 Approved for Use in Sweden

Published on 2006-08-04. Author : SpecialChem

CULVER CITY, Calif. -- SeaLife (Pink Sheets:SLIF - News) announced that its proprietary SeaLife 1000 antifoul marine paint has been awarded approval by the Swedish governmental Agency, Kemikalieinspektionen (Swedish Chemicals Inspectorate), and may now be distributed and sold in Sweden.

Sweden, with a population of more than 9 million, is reported to have one of the largest boating populations in the world, averaging 1 boat for every 4 people. Management expects that the large number of boats in Sweden, in combination with what is generally recognized as an environmentally concerned Swedish population, will make SeaLife paint an attractive product for both recreational and commercial users in the Swedish market.

SeaLife Corporation is a development stage public company currently traded on the Over the Counter Pink Sheets under the symbol (SLIF). Its SeaLife paints Division has developed and has now initiated manufacturing and distribution of a proprietary line of environmentally friendly antifoul marine coatings and paints. Its Proterra Technologies Division has developed and is now testing a proprietary line of environmentally friendly soil enhancers, for large scale agricultural and row crop applications.

This document may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to product marketing and penetration. Statements in this document that are not historical facts are hereby identified as "forward-looking statements." The words "estimate," "project," "intend," "expect," "believe," "plan," and similar expressions are intended to identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this document. These forward-looking statements are necessarily estimates, reflecting the best judgment of senior management that rely on a number of assumptions concerning future events, many of which are outside of our control, and involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. These forward-looking statements should, therefore, be considered in light of various important factors, including those set forth in this document. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.

Source: SeaLife Corporation


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