Sync2 Networks Corp.
OTC Bulletin Board : SYNW

Sync2 Networks Corp.

November 30, 2009 08:50 ET

Sync2 Networks Appoints New CEO to Focus on Software Applications

LAS VEGAS, NEVADA--(Marketwire - Nov. 30, 2009) - Sync2 Networks Corp. (OTCBB:SYNW) is announcing that it has engaged in a Corporate Restructuring and Workforce Plan to enable and focus the company and its newly announced operating divisions and a consolidated approach to market engagement. As part of this restructuring it is pleased to announce the appointment of a new CEO that will take the company through its second phase of commercialization.

John Moore, who has been working with the Company's team on preparing for this transition since October, officially takes over the role on December 1st, 2009. Patrick Miranda returns to an external corporate counsel position, now that the first phase of the company's restructuring and building of corporate vendor relationships is complete.

"This is a challenging economic time our industry, and it is necessary for us to be continuously proactive in order to adapt to a flexing market and to be competitive," said John Moore, incoming President and Chief Executive Officer. "I believe that building on the web development business with a focus on mobile apps is the best way for us to focus the entire company on immediate deliverables and integrated resources," he added.

One of the key drivers of this strategic restructuring plan is to develop a customer-focused, competitive and cost-effective commercialization model, closely aligned to its newly defined niche market of Apple-products users and as web-application developers. The Company anticipates it will be announcing the results of its preemptive corporate restructuring initiative in the next few weeks. The Board takes this opportunity to extend its' gratitude to outgoing EVP Patrick Miranda for his leadership through the past quarter of re-organization.

About Sync2 Networks Corp.
Sync2 Networks is an online business development and software apps firm, which assists companies, organizations and individual entrepreneurs in establishing, building, maintaining and marketing their online business. For more information see www.sync2networks.com.

Legal Notice Regarding Forward Looking Statements
This news release contains "forward-looking statements", as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.

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