November 08, 2006 16:15 ET

FAVORED® Inc. Announces Letter of Intent With Synchronicity Financial Ltd. for Equity Investment

WEST LAFYETTE, IN -- (MARKET WIRE) -- November 8, 2006 -- FAVORED® Inc. (PINKSHEETS: FVRD) announced today, through its Chairman and CEO, Dr. Claude Page that, "We have recently executed a Letter of Intent with Synchronicity Financial Ltd., a private company, to provide an equity investment by Synchronicity Financial Ltd. into FAVORED®."

FAVORED® Inc. has already received Synchronicity Financial Ltd. funding in the amount of $295,000 in Equity. As well, there is a timed provision for Synchronicity Financial Ltd. to invest up to $1,000,000.00 in the company, according to terms of the deal. For this investment, Synchronicity has agreed to receive 147,500 restricted FAVORED® shares of common stock at a price of $2.00 per share with 18 month warrants at $3.00 per share.

Dr. Page further stated that, "I am very pleased, for the Company and its shareholders, on how we have structured the terms of this investment. As you can see, this does not create immediate dilution for FAVORED®; the investment carries no registration rights. As well, the investment is vote in confidence in the FAVORED® business model, plan, and system. We know and trust Synchronicity Financial will continue to be a long term partner of FAVORED®."


The FAVORED® System is an identity preserved supply matrix that first defines genetic attributes that are nutritionally beneficial, then naturally articulates these traits through its seeds, grains, feed rations and animals. In the FAVORED® system, therefore, the traditional barriers between agriculture and industry are eliminated. This allows FAVORED® to preserve the integrity of its genetics from the seed farm to the plate.

About FAVORED® Inc.

The all natural FAVORED® System delivers food products that carry the assurance of being completely traceable from origin to consumer (from "seed to plate"). Its patent pending system focuses on those traits that today's consumers desire; products free from growth hormones and antibiotics and produced with only non genetically modified feed rations.

FAVORED® Inc., therefore, participates in a market segment that represents approximately 33% of the U.S. population. In fact, sales to consumers who demand natural/organic foods now exceed US $30 billion each year.

For more information about FAVORED® Inc., please visit us at: and

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements can be identified by the lead-in "Looking Forward." These statements are not guarantees of future performance and involve significant risks and uncertainties. Actual results may vary materially from those in the forward-looking statements as a result of the effectiveness of management's strategies and decisions, general economic and business conditions, new or modified statutory or regulatory requirements, and changing price and market conditions.

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