ROCKWALL, TX--(Marketwire - Oct 24, 2011) - Swordfish Financial, Inc. (OTCQB: [ SWRF ]) (PINKSHEETS: [ SWRF ]) a diversified financial asset recovery company that acquires orphaned assets of high net worth individuals and companies to originate and source funding for humanitarian and corporate transactions.

CEO Mike Alexander has reported that the first meeting with the international bank was very successful in Hong Kong to negotiate the release of a private vault to Peace Through Water Foundation.

Mr. Alexander stated that, "This recovery is exactly what we have set out to do since day one, I will make sure to release the details of the transaction shortly to our shareholders. The recovery is estimated at a significant value with SWRF.PK taking a 50% recovery commission for assisting in this process. This is cash that will go straight onto the books of Swordfish's Financial Statement."

Mike Alexander stated that, "We have more appointments scheduled for Tuesday with the bank and hopefully will have more news on the recovery being done. I hope to make this a swift recovery that will allow me to be back in the states with all of the documentation as to get everything explained in greater detail in regards to the actual value of the recovery."

About Swordfish Financial, Inc.
Swordfish Financial, Inc. (SFI) is a publicly held diversified financial asset recovery company formed to acquire orphaned assets of high net worth individuals, companies and to originate, fund, source funding for humanitarian and corporate transactions. SFI's primary operations will be to acquire assets and provide funding for organizations in the currently underserved humanitarian and eco-friendly markets. SFI will provide economical and efficient use of capital by providing loans to and or investments in small and medium sized organizations by providing asset based funding against marketable "income producing and/or marginable" assets. Our funding will enable our organizations to compete more effectively, improve operations and increase shareholder value.

Forward-Looking Statements:
This document contains forward-looking statements and information as that term is defined in the Private Securities Litigation Reform Act of 1995, and, therefore, is subject to certain risks and uncertainties. There can be no assurance that the actual results, business conditions, business developments, losses and contingencies and local and foreign factors will not differ materially from those suggested in the forward-looking statements as a result of various factors, including market conditions, competition, advances in technology and other factors.