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Xynergy Corporation Continuing to Develop Hydrogen Assist Power, New Technology; Restaurant Project Subordinated in Favor of New Energy Technology 5:16p ET June 17, 2008 (Market Wire) Xynergy Corporation (PINKSHEETS: XYNG) announced today it is on schedule to demonstrate their prototype hydrogen powered machines to the media and shareholders. The dates of demonstration previously announced were September of '08 and the Company expects to have its technology available in that timeframe. "We are excited to the point of subordinating every other project, including the restaurant project, in favor of our revolutionary technology relative to retrofitting cars and boats. That is our number one priority as it gives us, we think, a unique selling proposition in contrast to our competitors," says interim CEO Joseph Emas.
The Company continues to develop alternatives to fossil fuels in virtually every application currently using them. Says Mr. Emas, "While we are clearly still in the research and development stage of our technology, we are on the cutting edge of finding alternatives. And unlike many of our competitors, our systems will be able to be, on many occasions, retrofitted so that the consumer does not have to sell its vehicle or boat in order to buy expensive new replacements. That is what sets us apart from what is being brought to market today."
ABOUT XYNERGY CORPORATION
Xynergy Corporation is a Nevada Corporation engaged in investment and development of new domestic energy saving technology and the development of alternative energy solutions. The company invests in high probability, innovative technologies that have the potential to produce explosive growth both in top line revenues, but also to impact its market capitalization and stock price. The company will always balance the need to produce profitable and sustained growth against investing in unique, cutting edge technologies that have the potential to change the way in which the world relies and utilizes its resources to produce energy. The company is currently working in both arenas to establish both short term profitability and long term potential for explosive growth. Finally, the mission of Xynergy Corporation is to be a responsible global corporation that seeks to market and develop green and environmentally friendly product solutions to ensure the long term health and well being of our planet.
For additional information on Xynergy Corporation contact 1-866-384-0889 info*xynergyusa.com
Safe Harbor Disclosure:
This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
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