Synergetic Technologies Inc., Projects $10,000,000 in Revenues for 2005
Synergetic Technologies Inc., Projects $10,000,000 in Revenues for 2005
New Marketing Group on Board to Facilitate Growth
SALT LAKE CITY, Dec. 9 /PRNewswire-FirstCall/ -- Synergetic Technologies Inc. (OTC Pinksheets: SYGG) is pleased to announce that the company has signed a contract with Cynergy Marketing Group of Cedar City, Utah, a non related privately held entity. Based upon existing contracts and implementing an aggressive sales and marketing plan, management for SYGG projects revenues in excess of $10,000,000 for 2005. Cynergetic Marketing Group has extensive experience in bringing technology companies into the fortune 1000 market place. The company has an impressive track record of developing sales and marketing plans that have historically generated enormous sales growth for it's clients.
Casey Hall, President and CEO of Synergetic Technologies Inc., commented on the 2005 projections, "Our operating company, Advent has set a sales goal of $10,000,000 in the year 2005. The company is already off to a good start with several medium sized enterprise accounts already bid and some on line for completion. We believe that with the addition of Cynergy Marketing Group and their sales expertise, coupled with rapid installation time for our products and that goal is very reachable."
ABOUT CYNERGY MARKETING GROUP
Cynergy Marketing Group and it's subsidiaries have been in business since 1992, and have a very impressive track record, performing product marketing, brand recognition and end sales services for their clients. Their efforts have increased sales volume by tens of millions of dollars for their clients per year as a direct result of Cynergy Marketing Groups efforts.
ABOUT SYNERGETIC TECHNOLOGIES INC.
Synergetic Technologies Inc, acquired 80% ownership of Advent Technologies Inc., a Utah Corporation that has developed high resolution, and high compression ratio digital recording and video streaming technologies used in the DVR and camera industries. The fully developed technology allows for higher than normal compression ratios of video footage for transmission and storage purposes. The technology was used to provide video surveillance during the opening and closing ceremonies of the 2002 Winter Olympics held in Salt Lake City. The company's technology is currently installed in several government facilities and clients include Homeland Security, the Peace Corps, and State Correctional facilities in the State of Utah.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995 Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
Source: Synergetic Technologies Inc.
CONTACT: Synergetic Technologies Inc. - +1-801-263-2691; Alexander
Lindale L.L.C., +1-801-568-0336, or Patrick Rost, President, PMR and
Associates, +1-858-350-0409, both for Synergetic Technologies Inc.
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