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SunVesta Engages Frei Partners to Increase European Market Awareness
OBERRIEDEN, Switzerland-(Business Wire)-October 1, 2008 - SunVesta, Inc. (OTCBB: SVSA) is pleased to announce the engagement of Frei Partners, one of Europe’s leading investor relations companies, in an effort to increase market awareness of the company’s business model.
Frei Partners is a leading full service investor relations and consulting firm based in Zurich, Switzerland that advises small, mid and large cap publicly quoted companies in gaining exposure to the European investment community as a means to successfully implement its clients’ business objectives.
Frei Partners will be paid a monthly fee of € 2,500 for professional services to be rendered for a period of 12 months commencing October 1, 2008. Neither Frei Partners, nor any of its employees, holds any interest, directly or indirectly, in SunVesta or any right to acquire such an interest.
More information about Frei Partners may be obtained from their website:
About SunVesta, Inc.
SunVesta is a Swiss based public company quoted on the OTCBB that develops real estate projects in the luxury hospitality and vacation industry, combining unique concepts with established business practices in Fractional Ownership and Private Residence Clubs.
SunVesta’s primary business objective is to offer its owners a secure and attractive investment in real estate that can unite capital protection with capital growth over time. Projects are subject to country specific conditions that might vary the definition of the right of use from temporary renting or leasing assignments to ownership-like securitization, from built-in take-back and buy-back options or refund terms, including capital reimbursement, to indefinite ownership transfers.
More information about the SunVesta may be obtained from its website:
Forward Looking Statements
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, and uncertainties related to the development of SunVesta’s business model. The actual results SunVesta may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. SunVesta encourages the public to read the information provided here in conjunction with its most recent filings on Form 10-K and Form 10-Q. SunVesta's public filings may be viewed at www.sec.gov.
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