MOMO'S BREAKOUT BOARD

[MissionIR]

SEFE, Inc. (SEFE) CEO Appointed to Board of Directors

In the second of two press releases yesterday, SEFE announced the appointment of chief executive officer Don Johnston to its board of directors.

Adding an exceptional level of financial and corporate management experience to the board, Johnston is expected to be as valuable and visionary on the board as he has been in the chief executive officer position. He has been a CPA for more than 30 years, and served as a senior executive for several companies over the past two decades. Prior to joining SEFE, he served as the chief financial officer for Acme Lift Company, LLC, in Mesa, Arizona. During his 2 1/2-year stint with the company, he led the team that raised over $75 million from Wall Street to recapitalize the business.

Earlier in his career, Johnston was a partner and chief financial officer of Schaefer-Smith-Ankeney Insurance Agency, LLC (SSA) in Phoenix, Arizona. He was a member of the executive team that sold the agency to BBVA/Compass. Prior to working for SSA, Johnston and another executive purchased Standard Printing Company, Inc. in a leveraged buyout. After the transaction, he was given the CFO position. Johnston has worked in public accounting for more than 10 years, performing a variety of accounting, assurance, and tax work for Big 8 and local accounting firms.

“I am proud to join the SEFE board of directors, and believe it gives me another venue to contribute to the company’s success and shareholder value as we take our atmospheric technology and intellectual property portfolio to the next level,” Johnston stated.

The company also announced that David Ide is stepping down from his director position. He plans to join the SEFE Advisory Committee, which is currently in formation.