Published: February 07, 2011
Seychelle Announces Broker for Share Repurchase Program of 500,000 Shares
SAN JUAN CAPISTRANO, Calif. - (BUSINESS WIRE) - Seychelle
Water Filtration Products, a DBA of Seychelle Environmental
Technologies, Inc. (OTC Bulletin Board: SYEV), a worldwide leader in the
development, assembly and sale of proprietary portable water filtration
bottles made a key announcement today regarding its Share Repurchase
Program.
In January, 2011, our President, Carl
Palmer announced, "We believe that our common shares are currently
undervalued. As a result, our Board of Directors has adopted, effective
January 12, 2011, a common share buy-back or repurchase program to
reduce the number of outstanding shares authorizing our management to
enter the market to repurchase up to 500,000 of our common shares at
such times and market price or prices as management may deem
appropriate. This common share buy-back program will be reviewed by our
Board on at least a quarterly basis."
In connection with Mr. Palmer's previous announcement, we have selected
BMA Securities in Rolling Hills Estates, CA to handle this Share
Repurchase Program. They will act at our direction in implementing this
Program. Their office phone number is 424-270-0340 and the broker
handling the transactions is Joseph Rocca at BMA Securities.
" Seychelle Products are the Most Field and Laboratory Tested
Products of Their Kind in the World"
With Seychelle portable water filtration, consumers can drink, with
complete confidence, perfectly filtered water that is great-tasting from
a variety of sourcesâ the tap; rivers, streams, ponds or creeks. The
proprietary Seychelle Ionic Adsorption Micron Filter (IAMF) has been
tested extensively by Independent Government laboratories in the US and
throughout the world to strict EPA/ANSI protocols and NSF Standards 42
and 53.
About Seychelle Environmental Technologies, Inc.
Seychelle Environmental Technologies, Inc. (OTC Bulletin Board: SYEV) is
a worldwide leader in the development, assembly and sale of a
proprietary filtration system for portable water bottles. For more
information, please visit www.seychelle.com
or call (949) 234-1999.
Note to Investors
Seychelle is a national, publicly traded company with 25,882,646
outstanding shares of common stock, including a float of approximately 7.9
million shares. This press release may contain certain forward-looking
information about the Company's business prospects/projections. These
are based upon good-faith current expectations of the Company's
management. The Company makes no representation or warranty as to the
attainability of such assumptions/projections. Investors are expected to
conduct their own investigation with regard to the Company. The company
assumes no obligation to update the information in this press release.

Seychelle Environmental Technologies, Inc.
Dick Parsons, (949)
234-1999
dickparsons@seychelle.com
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