SOURCE: Xynergy Corporation

January 24, 2008 09:00 ET

Xynergy Corp. Obtains Exclusive Worldwide Rights to Hydrogen Generator

Deal Enables Company to Exclusively Utilize Revolutionary Technology in Company Owned Retail Spaces and Grants Exclusive Worldwide Marketing Rights to Xynergy

CARSON CITY, NV--(Marketwire - January 24, 2008) - Xynergy Corporation (PINKSHEETS: XYNG) announced today it has obtained exclusive worldwide marketing rights to a revolutionary power generator that works with water as the energy source. It is believed to be the first of its kind in the world. The agreement grants the company the rights to market the revolutionary power source throughout the world, as well as to utilize it in their company owned retail operations. The company is planning a grand opening of their flagship restaurant later this summer in Boulder, Colorado. The restaurants will be "green themed" and boast an interior that makes the generator the focal point.

Recently the company announced it had retained security counsel to begin the filing process in order for the company to become fully reporting, and also recently announced it had selected Boulder, Colorado as the site for its flagship restaurant, but today's announcement grants the company more than what it had initially proposed in the negotiation with the inventor. "This is a great day for Xynergy," says COO Kevin Brinkworth. "With this agreement, there is no limit to where this company can go. It is a challenge and privilege to be able to introduce this technology to the world."


The company is engaged in the development and investment of alternative energy technology and the identification, marketing and utilization of applications for such technologies. The company has identified several business sectors that these technologies can serve, including restaurants, commercial bakeries, gas stations, and all small businesses, as well as gas engines for automobiles and boats. This technology has the potential to revolutionize the energy industry because it is believed that this technology, which uses water as a power source, is the only one in the world that can turn hydrogen into real power in a cost efficient manner, making it truly an alternative energy solution. The company recently announced that it has retained the services of Joseph Emas to file its form 10 for the purposes of becoming a fully reporting 1934 Act company. Preparations for the audit of the company's books and records has begun, and the company hopes to become fully reporting within 120 days.

Cautionary note -- This report contains forward-looking statements, particularly those regarding cash flow, capital expenditures and investment plans. Resource estimates, unless specifically noted, are considered speculative. By their nature, forward-looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to US investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as "reserves" unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.

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