Synergetic Technologies Inc. (OTC: SYGG) Signs Letter of Intent With Native Visions Inc. for Marketing Into Native American Businesses and Casinos

Synergetic Technologies Inc. (OTC: SYGG) Signs Letter of Intent With Native Visions Inc. for Marketing Into Native American Businesses and Casinos

SALT LAKE CITY, Jan. 28 /PRNewswire-FirstCall/ -- Synergetic Technologies Inc., (Pinksheets: SYGG) is pleased to announce that it has signed a Letter of Intent with Native Visions Inc. to represent the companies products to Native American businesses and Casinos. Native Visions Inc. will market SYGG's proprietary technology through its Native American channels as well as government contracts through the 8A program.

ABOUT NATIVE VISIONS INC.

Native Visions has been working with tribes since 1998 and is a valuable liaison between the government and Tribal entities. They are closely connected with Native American businesses and Casinos on Tribal lands. Native Visions Inc.'s core competency is in structuring finances and economic development for tribal enterprises. Casey Hall, CEO of SYGG is quoted as saying, "Native Visions is a key partner in expanding our business and technology into the Tribal Community and we look forward to a long and profitable relationship."

ABOUT SYNERGETIC TECHNOLOGIES (SYGG)

Synergetic Technologies Inc., owns proprietary technology used to compress and record digital video at compression ratios higher than those normally available. The company develops, distributes and designs products for the DVR and Camera Industry. It has a fully operational research and development division dedicated to expanding the uses of the technology into areas of broadcasting, cable and entertainment. The Surveillance and security technology allows real time surveillance to be recorded and stored at higher than normal volumes. One recording unit can run up to 48 full color cameras, real time, with DVD quality at a rate of 30 frames per second per channel with 48 channels. Video can be compressed as low as .5k (one half K) per frame per second without any quality loss or distortion. A prior version of the companies technology was used to perform the video surveillance of President George W. Bush and Vice President Dick Cheney from the Security Headquarters for the Secret Service during the opening and closing ceremonies of the 2002 Winter Olympic Games held in Salt Lake City, Utah.

For More information on this company, please log onto http://www.adventdvr.com/. For a streaming video presentation of the company and some of its products, please log onto http://www.myotcbb.com/ and go to the Synergetic Video Presentations. The presentations feature some of the technologies and clients of SYGG. Investors and viewers should be aware that this is not a complete list.

Advent Technologies won honorable mention and best new product in the 2002 International Security Convention held in Orlando Florida, for it's fully developed proprietary Wireless Digital Video Streaming product.

"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 Act of 1995, Section 27A of the Securities Act of 1933 and Section 21 E of the Securities Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those 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, level of activity, performance or achievements. The company has no obligation to update these forward-looking statements.


Source: Synergetic Technologies Inc.

CONTACT: Alexander Lindale L.L.C., Synergetic Technologies Inc.,
+1-801-568-0336, or Paul Hutchinson, Marketing Director, +1-801-514-5099

Web site: http://www.adventdvr.com/
http://www.myotcbb.com/


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