SOURCE: Synergetic Technologies, Inc.

May 30, 2007 09:00 ET

Synergetic Technologies Inc. Announces Its Media Ad Sales Agreement With MegAvail Inc. to Sell Its Ad Inventory in 70,000 Homes, Universities and Hotels

The Agreement Will Begin the Immediate Monetization of Tens of Thousands of 30-Second and One-Minute Spots to Over 70,000 Subscribers -- and Still Growing

SALT LAKE CITY, UT--(Marketwire - May 30, 2007) - Synergetic Technologies Inc. (PINKSHEETS: SYGG), a provider of Digital Video Ad Insertion Technology, announced today that its wholly owned subsidiary, Ad Systems Inc. (www.adsystemscatv.com), has entered into a marketing agreement with MegAvail Inc. (www.megavail.com) to sell advertising inventory in Ad Systems' current and future systems. These systems will be focused on pinpoint and network specific advertising targeted primarily to un-served markets and niches; i.e. Hotels and University campuses.

The companies have agreed to focus on specific markets to fill the niche needs of today's advertising dollar. MegAvail is currently serving advertising clients, which include most of the top fifty advertisers in the Untied States serving brands like Toyota, McDonalds, and Anheuser-Bush. The agreement will generate bottom line revenue growth immediately for both companies. The dollars generated will come from traditional ad sales from national, regional and local advertisers. Ad Systems has also a per-inquiry revenue model that follows a hotel guest home to create an out-of-room revenue stream. Revenue generated from a "per inquiry" and an online mall model can create a consistent inflow of revenue once a guest purchases. The "out of room" model extends advertising revenue outside the hotel and into the traveler's homes and offices via a percentage of revenue share agreement. Commissions are paid for products ordered through their system or originating from web addresses or 800 numbers.

Bob Hall, Chairman of Synergetic Technologies Inc., said, "We have been looking for an ad agency with our same vision of pinpoint and market specific advertising. We feel that both companies will experience great growth in ad inventory and revenue. With over thirty million doors representing our market perhaps someday we will call our market something different than a niche. We are aiming to take our share of over 10 billion advertising dollars spent in cable TV annually."

J. Michael Heil, C.E.O. of Synergetic Technologies Inc., stated, "Our proprietary technology is creating this growth and market edge and it is our goal to roll out nationally and then internationally. Global opportunities are already coming to us and it is our job to identify those that benefit us the most and cost the least."

About Synergetic Technologies Inc.

Synergetic Technologies Inc. is a provider of video ad insertion technology and digital video systems for video streaming services for cable, satellite and IP delivery. For additional information, please visit:

www.sygg-inc.com

www.adsystemscatv.com

www.stockinformationsystems.com/c/sygg/index.html.

Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur.

Contact Information

  • Contact:
    Synergetic Technologies Inc.
    J. Michael Heil, 801-263-1697

    or

    Investor Relations:
    Alexander Lindale L.L.C.
    696 West 1st Ave. Suite #1
    Midvale, Utah 84047
    801-201-4691