ROCKWALL, TX--(Marketwire - Oct 24, 2011) - Swordfish Financial, Inc. (OTCQB: [ SWRF ]) (PINKSHEETS: [ SWRF ]) is 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.

Today Swordfish Financial Inc. announced that it has secured assets that have been donated for the Peace Through Water Foundation (PTW). Mike Alexander and (PTW) are currently in Hong Kong to negotiate the release of a private vault currently being held.

According to Swordfish President, Michael Alexander, "The assets are currently in a secure location being held in a major international bank." Alexander has confirmed appointments with the executives of the bank starting today October 24, 2011 to negotiate the release and transfer to Peace Through Water Foundation the ownership of the private vault.

According to Alexander, "The donor reports the contents of the private vault. According to that donation agreement the contents are 'substantial in value.'"

Alexander said, "Swordfish's fees for securing the release of this vault as well as any other assets they are under contract to secure is no less than 50 percent of Peace Through Water's donated portion the total value recovered. Alexander said that he, "would have a full press release of the details and confirmation of the company's first major recovery as soon as the recovery is complete and the assets can be audited."

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 main products will be to acquire and provide funding for organizations in the currently underserved humanitarian and eco-friendly markets. SFI provides economical and efficient use of capital while providing a valuable opportunity of loans to and or investment 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.

About Peace Through Water

Peace Through Water is an international partnership of Christians whose mission is dedicated to working with children, families and communities to overcome poverty and oppression in remote areas of the world.

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.