SWRI Seawright Holding Inc (CE)

Seawright Holdings, Inc. (OTC BB:SWRI), owner of one of the most prolific natural springs on the Eastern Seaboard, today announced its new corporate policy that prescribes ecologically responsible and sustainable business operations. This policy focuses the company�s efforts especially on a commitment to use recyclable and biodegradable materials and alternative fuels, where possible and available, in the packaging and shipping of its Seawright Springs Premium Natural Spring Water product. More specifically, Seawright Holdings is announcing that it intends to be one of the first bottled water companies to offer its product in a biodegradable bottle. Currently Seawright Water is offered in its own proprietary design bottle. In the 1st quarter of 2008 this bottle and all packaging will be converted to biodegradability. �Seawright Holdings, as the owner of the pristine Seawright Springs, is reminded every day of the value of responsible stewardship of the environment,� said Joel Sens, President and CEO of Seawright Holdings, Inc. "As new technologies emerge and become available for the bottled water industry, we pledge to be early adopters of any of them that will reduce waste, greenhouse gasses and our dependence of fossil fuels. We are making a product available for a consumer market that demands that their high-end quality products are as ecologically sustainable as possible. " Biodegradable bottles are particularly important to Seawright. The company continues to closely watch the development of several new earth friendly technologies for bottling. Specifically, Seawright is intensely monitoring the progress of a biodegradable bottle made from an organic, renewable corn based resin that requires about 20% to 30% less energy to manufacture and contributes only half the carbon dioxide than plastics made from petrochemicals. Additionally, these corn based bottles are fully compostable and will degrade in a commercial composing facility into harmless water and organic material in 75 to 80 days. On another front, Seawright is encouraging its suppliers to favor environmentally sustainable and renewable technologies in their products and processes, such as the use of biofuels in shipping and transportation. About Seawright Holdings, Inc.: Seawright Holdings, Inc. (OTC BB:SWRI) owns Seawright Springs, the producer of one of America's purest, freshest and high-mineral content drinking waters. Seawright Springs is located in beautiful Augusta County, Virginia on 145 acres of protected woodlands. The spring produces in excess of 1 million gallons of water a day and is one of the largest sources of fresh natural spring water on the Eastern Seaboard. In 2003, Joel Sens formed Seawright Holdings, Inc. and purchased Seawright Springs to begin producing high quality bottled water under the Seawright Springs brand. For more information, please visit www.seawrightsprings.com Information Regarding Forward-Looking Statements Statements in this news release other than statements of historical fact are �forward-looking statements� that are based on current expectations and assumptions. These expectations and assumptions are subject to risks and uncertainty, which could affect Seawright Holdings� future plans. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of Seawright Springs to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, and other risks detailed in Seawright Holdings� periodic report filings with the Securities and Exchange Commission. Seawright Holdings undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in Seawright Holdings� expectations.