Sackets Harbor Brewing Company Secures Florida Distribution Agreement

-- Republic National Distribution Company to Distribute 1812 Amber Ale
throughout the State --

GOUVERNEUR, N.Y., March 30 /PRNewswire-FirstCall/ -- Seaway Valley Capital
Corporation (OTC Bulletin Board: SWYV), a diversified holding company, is
pleased to announce that wholly owned subsidiary Sackets Harbor Brewing
Company has executed a wholesale distribution agreement with Republic National
Distribution Company (www.rndc-usa.com) to distribute its products throughout
the state of Florida.

Including Florida, Republic and its affiliates currently have distribution
capabilities in twenty states, primarily in the South and Midwest. Republic
will initially market Sackets Harbor's award winning War of 1812 Amber Ale.

"From Key West, Orlando, Jacksonville to Pensacola, 1812 Amber Ale is already
becoming a new favorite in craft beer circles," stated Brian Hill, President
of Sackets Harbor Brewing Co. "Republic National now offers 1812 Amber Ale in
draught as well as bottles throughout Florida, and its established
relationships with prestigious retailers such as Total Wine & More, ABC Fine
Wine and Spirits, and Publix Super Markets, Inc., makes Republic National a
sought after craft beer distributor." Mr. Hill continued, "With production
secured at High Falls Brewing Company and the marketing capabilities of
Republic National, I have little doubt that Florida will become one of our
most exciting markets."

In December 2008, the company announced that High Falls Brewing Company of
Rochester, N.Y. (www.highfalls.com) had been contracted to brew the company's
War of 1812 Amber Ale.

Sackets Harbor Brewing Company craft beers can be found in restaurants and
retail locations in New York, Massachusetts, Florida and Vermont. To learn
more, visit http://www.1812ale.com/ .

About Sackets Harbor Brewing Company:
Sackets Harbor Brewing Company develops, produces, and markets micro brewed
beers such as the award winning "War of 1812 Amber Ale" and "Railroad Red Ale"
as well as "Thousand Island Pale Ale", "1812 Amber Ale Light" and "Harbor
Wheat" craft beers. Its "War of 1812 Amber Ale" is the company's flagship
brand and was the winner of a Silver Award at the 1998 World Beer
Championship. The company has also developed complementary products such as
Sackets Harbor Coffee and Sackets Harbor Brewing Co. Root Beer.

About Seaway Valley Capital Corporation:
Seaway Valley Capital Corporation (www.seawayvalleycapitalcorp.com) makes
equity, equity-related, and debt investments in companies that require
expansion capital. Seaway also seeks investments in leveraged buyouts and
restructurings. Seaway will consider investment opportunities in a number of
different industries, including retail, restaurants, consumer products, media,
business services, manufacturing, and select technologies. Seaway Valley's
current portfolio consists of the following companies: Hackett's Stores, Inc.
(HCKE.PK), Alteri Bakery, Inc., Sackets Harbor Brewing Company, North Country
Farms, LLC, and Seaway Restaurant Group.

Safe Harbor Statement
This press release contains statements that may constitute "forward-looking
statements" within the meaning of the Securities Act of 1933 and the
Securities Exchange Act of 1934, as amended by the Private Securities
Litigation Reform Act of 1995. Those statements include statements regarding
the intent, belief or current expectations of the Company, and members of
their management as well as the assumptions on which such statements are
based. Prospective investors are cautioned that any such forward-looking
statements are not guarantees of future performance and involve risks and
uncertainties, and that actual results may differ materially from those
contemplated by such forward-looking statements. Important factors currently
known to management that could cause actual results to differ materially from
those in forward-statements include fluctuation of operating results, the
ability to compete successfully and the ability to complete before-mentioned
transactions. The company undertakes no obligation to update or revise
forward-looking statements to reflect changed assumptions, the occurrence of
unanticipated events or changes to future operating results. The Company
encourages the public to read the above information in conjunction with its
year-end statement, Form 10-KSB for December 31, 2007, and the second and
third Quarter Form 10-Q financial statements. The financial statements can be
viewed with the Securities and Exchange Commission, at www.sec.gov.

For more information, please contact:
Seaway Valley Capital Corporation
Email:contact@seawaycapital.com
Web:www.seawayvalleycapitalcorp.com

Investor Relations:
Paul Knopick
E & E Communications
pknopick@eandecommunications.com
Phone: 949/707-5365

SOURCE Seaway Valley Capital Corporation

CONTACT: Seaway Valley Capital Corporation, contact@seawaycapital.com; or
Investor Relations, Paul Knopick of E & E Communications, +1-949-707-5365,
pknopick@eandecommunications.com, for Seaway Valley Capital Corporation