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Seeker Tec International Inc. Targets New Acquisitions - EWORLDWIRE

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Seeker Tec International, Inc.

Company Information :
Seeker Tec International, Inc.
3433 Highway 190 #365
Mandeville, LA 70471
Ph. 9854004262

Stock Information:
SNTL 0.004 +0.000 

Seeker Tec International Inc. Targets New Acquisitions

For Immediate Release

MANDEVILLE, La./EWORLDWIRE/Feb. 20, 2014 --- Seeker Tec International Inc. (OTC Markets: SNTL) (http://www.Seeker-Tec.com) has identified two companies, after initial approaches from their management, that are considered to have good revenue streams and profit potential.

Seeker Tec has agreed to acquire 51 percent of the first target company, a Norwegian concern that owns 75 percent of a transport company in West Africa. The company will be acquired with its management staff which will be supported with the Seeker Tec core management team to enable the company to grow more quickly over forthcoming months.

The Norwegian management team has a history in marketing and international business development and, while the deployment of the landmine technology is the central plank of the business, Seeker Tec management also believes the company can increase shareholder returns by implementing careful diversification.

According to Seeker Tec President D. Rex Gay, "We are also close to completing the acquisition of Eco Steps, a South Africa-based company that leads the field in the construction of low cost eco-friendly housing. We have been working with several commercial partners to develop this environmentally friendly concept, which is already creating interest in several countries. Our U.K. partner is a respected developer who is applying for permits to build in Central England, which we will use as a 'show' home to demonstrate our products to potential customers. We are planning the same strategy in the USA and will make an announcement regarding this as soon as we have a formal agreement."

Seeker Tec International will now become a holding company for its diversified interests, with Seeker Technologies Ltd remaining a wholly owned subsidiary managing the aerial survey business, and each new acquisition will become a subsidiary of the newly branded Seeker Group.

Gay affirms that this new strategic realignment will help provide shareholder value in the short term, with exciting new products, without detracting from the deployment of the Seeker landmine technology. "Our strategy will further leverage the considerable expertise the management team has in developing and managing international companies enabling them to grow into successful and prominent businesses in their market sectors, and accelerating the growth of SNTL"

Negotiations for the large aerial survey business and landmine clearance in Angola are protracted and ongoing, but company management is confident of long term success. Seeker Tec management will continue to inform shareholders of developments in this area.

Safe Harbor Statement
These statements reflect the company's current expectations and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. The company does not undertake to update or revise these forward-looking statements, even if experience or future changes make it clear that any projected results expressed or implied in this or other company statements will not be realized. Furthermore, readers are cautioned that these statements involve risks and uncertainties, many of which are beyond the company's control, which could cause actual results to differ materially from the forward-looking statements. Factors that could cause these differences include but are not limited to, the acceptance of our products, lack of revenue growth, failure to realize profitability, inability to raise capital and market conditions that negatively affect the market price of our common stock. The company disclaims any responsibility to update any forward-looking statements.

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Donald Gay
Seeker Tec International, Inc.
3433 Highway 190 #365
Mandeville, LA 70471
PHONE. 9854004262
EMAIL: rexgay@live.com

KEYWORDS: Acquisitions, Seeker Tec

SOURCE: Seeker-Tec International Inc.


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