Organetix Announces Completion of Name Change and Confirms New OTCBB Trading Symbol...

Organetix Announces Completion of Name Change and Confirms New OTCBB Trading Symbol is "SFRX"

NEW YORK--(Business Wire)--
Organetix, Inc. (OTCBB:OGTX) has today announced that it has
officially changed its name to Seafarer Exploration Corp. and has
received its new trading symbol (OTCBB:SFRX). The Company commenced
its trading under the new symbol "SFRX" at the opening of business
Friday, July 18, 2008.

About Organetix, Inc.

On June 5, 2008, Organetix completed the acquisition of Florida
based Seafarer Exploration, Inc. ("Seafarer"). The Company has
announced it will change its name to Seafarer Exploration Corp. and
request a symbol change to better reflect the new direction of the
business.

About Seafarer Exploration, Inc.

Seafarer Exploration, Inc. ("Seafarer") is engaged in the
exploration and potential salvaging of a shipwreck off the east coast
of Florida. The shipwreck is in an area that is in close proximity to
Florida's historic Treasure Coast. The Company has acquired a 47 foot
boat and necessary equipment to begin the exploration process.

Disclaimer

This press release may include certain statements that are not
descriptions of historical facts, but are forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. These
forward-looking statements may include the description of our plans
and objectives for future operations, assumptions underlying such
plans and objectives, statements regarding benefits of the proposed
acquisition and other forward-looking terminology such as "may,"
"expects," "believes," "anticipates," "intends," "projects" or similar
terms, variations of such terms or the negative of such terms. There
are a number of risks and uncertainties that could cause actual
results to differ materially from the forward-looking statements made
herein. Such information is based upon various assumptions made by,
and expectations of, our management that were reasonable when made but
may prove to be incorrect. All of such assumptions are inherently
subject to significant economic and competitive uncertainties and
contingencies beyond our control and upon assumptions with respect to
the future business decisions which are subject to change.
Accordingly, there can be no assurance that actual results will meet
expectations and actual results may vary (perhaps materially) from
certain of the results anticipated herein.

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Seafarer Exploration Corp.
Kyle Kennedy, CEO, 727-820-1014
ir@seafarerexplorationcorp.com

Copyright Business Wire 2008