SOURCE: Xynergy Holdings, Inc.

February 22, 2011 08:00 ET

Xynergy Holdings, Inc. Looking for an Independent Facility to Test Fuel Economy (MPG)

MIAMI, FL--(Marketwire - February 22, 2011) -  Xynergy Holdings, Inc. (the "Company") (PINKSHEETS: XYNH) announces that it has painstakingly been looking for the right facility that has the capabilities to test the "Second Generation Goliath Fuel Cell." So far we have contacted the EPA's National Vehicle and Fuel Emissions Laboratory as well as many other testing facilities nationwide. It is important to note that many of these facilities that have sophisticated reliable equipment and dynamometer testing are not capable of completing the Mile per Gallon (MPG) test for the Diesel powered engine with an on demand hydrogen fuel cell. Such is the case for the last testing facility where they were only capable of providing the emissions report. JC Ley comments, "The test must be conducted to the appropriate standards and the results be objectively provided by utilizing the proper equipment. It's not like everyone that has a Dyno has the level of sophistication or equipment that is needed to correctly test our unit/vehicle for MPG. We have been working as diligently as possible to find the suitable testing facility and there is no doubt that we will find the right place, in time, that fits our needs. As soon as one is identified and we are able to schedule a test with that facility, we will communicate to our shareholders."

About Xynergy Holdings, Inc.

Xynergy Holdings, Inc. is committed to meeting the world's growing energy needs while also promoting environmentally conscious business practices, sustainability and commerce. Xynergy Holdings, Inc. is focused on promoting global commerce within the realm of a global economy.

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