SE Concepts Furthers Audit and Financial Compliance Efforts in Contracting CFO Services

MIAMI, FL–(Marketwire – 04/26/11) – Simulated Environment Concepts (Pinksheets:SMEV – News), a manufacturer and developer of medical, aesthetic, weight loss, wellness, and slimming equipment, announced that it has engaged Eventus Advisory Group, LLC (“Eventus”) to assist the Company in preparing for its financial statement audit and managing its long-term financial and reporting-company compliance requirements with the Securities & Exchange Commission (SEC).

Dr. Ella Frenkel, President & CEO of Simulated Environment Concepts (SE Concepts) stated, “Completing an audit is just a piece of being transparent and growing our Company. It’s the ongoing responsibility needed to maintain transparency and build the fiscal strength of the Company that is key. This is especially important for us right now as we look to become a fully-reporting company with the SEC and uplist our stock. Maintaining a fully-reporting status requires discipline and guidance and we look forward to working with Eventus and benefiting from their expertise.”

Upon announcing the engagement of MaloneBailey, LLP, a certified accounting/audit firm (Houston/NY), to conduct the audit of SE Concepts, management has thrown its commitment of completing the SEC audit into high gear. Securing the services of Eventus is just one of the evident actions the Company has taken.

Neil Reithinger, President of Eventus, stated, “Since the beginning of our discussions with the management of Simulated Environment Concepts, they have been very open and cooperative with us. Becoming a fully-reporting company and maintaining compliance requires a high level of diligence, and we look forward to working closely with SE Concepts management as we engage ourselves in this process with them.”

With major announcements planned on the heels of the audit’s completion, SE Concepts is working conscientiously to expedite the process. In the meantime, the Company remains compliant with OTCMarkets’ reporting requirements; and continues to maintain the “Current Information” status.

The Company is optimistic about completing the audit on a timely basis so that it can anticipate reporting to the SEC with a view to uplist within the 3rd Quarter. Management also anticipates having its second shareholder conference call sometime during July 2011.

About Eventus Advisory Group, LLC

Eventus Advisory Group, LLC provides capitalization planning, consultation on initial public filings, as well as finance department creation, organization, implementation and maintenance (CFO Services) to small and medium sized companies, both public and private. Eventus Advisory Group, LLC offers a wide variety of services that enable its clients to grow and to achieve their financial objectives.


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