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SACKETS HARBOR, NY–(Marketwire – 08/11/10) – Harbor Brewing Company, Inc. (Pinksheets:HBWO – News), a holding of Seaway Valley Capital Corporation (Pinksheets:SEVA – News), announced it has begun the process and is taking the necessary steps to apply for listing as an over-the-counter bulletin board (”OTCBB”) listing. The company expects to file an S1 Registration Statement with the Securities and Exchange Commission that will include audited financials for the years 2008, 2009 and the first quarter of 2010 ended March 31st. Harbor Brewing Company is the parent company of Sackets Harbor Brewing Company, Alteri's Bakery, Inc. and Seaway Realty Holdings.

Thomas Scozzafava, Chairman and President of Harbor Brewing Company stated, “We expect the company to become audited and fully reporting in the coming months, and we hope this level of disclosure and transparency improves the efficiency of the market for our publicly traded securities.”

Mr. Scozzafava added, “Further, we hope that these efficiencies translate into more opportunities to attract growth capital for both our prospective brewery and our bakery expansion.”