SOURCE: Syngas International Corp.

January 19, 2006 06:42 ET

Syngas International (NASD:OTCBB: SYNI) Enters Into Letter of Intent With Beiseker Envirotech for Medical Waste Facility

Joint Venture Anticipates Revenues in Excess of $7 million per Annum

LAS VEGAS, NV and EDMONTON, AB -- (MARKET WIRE) -- January 19, 2006 -- Syngas International Corp. (OTC BB: SYNI),, is pleased to announce that further to our news release dated January 11, 2006, the Company has formally entered into a Letter of Intent to form a joint venture with Beiseker Envirotech at its medical waste treatment facility. The joint venture anticipates annual revenues in excess of $7 million in a multi-year project.

Beiseker Envirotech is a wholly owned subsidiary of Globaltech Environmental Inc., an emerging leader in the waste treatement industry.

"We are extremely pleased to have executed the first step in one of our major projects for fiscal 2006," stated Wilf Ouellette, President of Syngas Energy Corp, and director of its parent Syngas International Corp. "This is the first of three major projects we announced at the beginning of the year and we look forward to executing on the other projects in the near future."

The increase in medical waste is growing at a rate proportionate with the aging of our population. Ouellette had earlier explained that in order to impart the importance of the technology's impact on the industry, one had only to realize that waste medical products, if misused, mis-handled or not disposed of properly, could cause significant harm. Gasification not only ensures that expired meds and used equipment will not cause harm, but can do it in a way that produces energy, cuts costs and saves the environment from needless filling.

About Syngas International Corp:

Syngas International Corp. (OTC BB: SYNI), through its subsidiary, Syngas Energy Corp., is an emerging leader in the development and marketing of low-cost alternate fuels worldwide. We believe our superior technology, will catapult our company into a GREEN POWERHOUSE. With energy prices at high levels and the global focus moving rapidly towards addressing pollution, the need for sustainable, zero emission energy is vital. Our technology is based on clean renewable energy. We foresee our company poised to benefit from global trends.

Forward-Looking Statements

Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Such statements are indicated by words or phrases such as "believe," "will," "breakthrough," "significant," "indicated," "feel," "foresee," "revolutionary," "should," "ideal," "extremely," and "excited." These statements are made under "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Fairchild's filings with the Securities and Exchange Commission, including, without limitation, Fairchild's recent Form 10-KSB and Form 10-QSB, which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.

Contact Information