05-27-2011 10:39 AM CET - Business, Economy, Finances, Banking & Insurance

Sebastian River Holdings (PINK: SBRH) Negotiating $20 Million Partnership

Press release from: Sebastian River Holdings, Inc.

Sebastian River Holdings (PINK:SBRH) is currently in the negotiating phase of a partnership agreement that entails distribution, manufacturing, and selling of one of their Air to Water technology products. The company believes that this partnership, if successful would help bring their product to market in a streamlined manner that would save the company liquid capital. With the production of their Air to Water products the company believes will bring in a substantial amount of revenue from product sales and royalty fees world-wide. Stay tuned for further updates on the partnership.

The company is also confirming the start date of the $35 million product installation and service contract with South Korea at June 1st, 2011. Another update the company is on the investor relations front. The company has noticed that their investor relations department has been overloaded with emails. The company has opened a new channel of communication. For further questions please email either SBRH@gerrardhollister.com or SBRH@asia.com.

SAFE HARBOR STATEMENT: This press release contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on currently available competitive, financial and economic data and management's views and assumptions regarding future events. Actual results may differ materially from forward looking statements due to various factors beyond the control of the Company. For further information regarding risks and uncertainties associated with the Company's business, please refer to the Company's filings which are publicly available on the website of the U.S. Securities and Exchange Commission.

Sebastian River Holdings is a leading Alternative Energy company located in South Korea. With main capabilities in acquisition, sales, and service Sebastian River Holdings, Inc. has a mission to extend their services world-wide.

#301-170 ICHONDONG

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