Seakinetics Corporation Completes Its Intention to AcquireControlling Interest in Marketing Concepts International Inc.

TORONTO, ONTARIO--(Marketwire - May 19, 2009) - Seakinetics
Corporation (PINKSHEETS: SKTS)(FRANKFURT: M90) (www.Seakinetcs.com)
and Marketing Concepts International Inc.
(www.marketingconceptsintl.com) have announced that they have
finalized an agreement affording Seakinetics Corporation a
controlling interest in Marketing Concepts International. Seakinetics
will participate in funding initiatives as required to provide
additional working capital to Marketing Concepts. These funding
infusions are expected to fuel substantial growth in revenues.
 
Kenneth W Mann, President and CEO, Marketing Concepts International,
confirmed that the final agreement provides for an exchange of
treasury stock from each Company as follows: Seakinetics, which
currently trades on the Open Market segment of the Frankfurt Exchange
will deposit into the Marketing Concepts International trust account
160,000 restricted shares of its stock in exchange for a 37.5%
interest in Marketing Concepts International. Seakinetics will retain
a further option for an additional 15% of treasury stock issued under
rule 144 at a discount of 10% to market.
 
Seakinetics will be appointing one board member to the Board of
Directors of Marketing Concepts International within the next 60
days.
 
Seakinetics was established for the purpose of designing, developing,
marketing and investing in innovative technologies and services in
the renewable energy field. Seakinetics' mission is to be the best in
finding solutions for renewable energy today and for the foreseeable
future.
 
A public offering of Seakinetics shares was not made in connection
with their inclusion on the Open Market Frankfurt.
 
Both Seakinetics Corporation and Marketing Concepts International are
listed on the Pink Sheets in the United States.
 
This release may include projections of future results and
"forward-looking statements" as that term is defined in Section 27A
of the Securities Act of 1933 as amended (the "Securities Act"), and
Section 21E of the Securities Exchange Act of 1934 as amended (the
"Exchange Act"). All statements that are included in this release,
other than statements of historical fact, are forward-looking
statements. Although management believes that the expectations
reflected in these forward-looking statements are reasonable; it can
give no assurances that such expectations will prove to have been
correct. Important factors that could cause actual results to differ
materially from the expectations disclosed in this release,
including, without limitation, in conjunction with those
forward-looking statements contained in this release.
 
FOR FURTHER INFORMATION PLEASE CONTACT:
 
info@Seakinetics.com
info@marketingconceptsintl.com
 
This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.