SOURCE: Xynergy Holdings, Inc.

February 11, 2011 16:01 ET

Xynergy Holdings, Inc. Subsidiary Schedules Third Party Emissions Test

MIAMI, FL--(Marketwire - February 11, 2011) - Xynergy Holdings, Inc. (the "Company") (PINKSHEETS: XYNH) announced today that its subsidiary HydroFuels, Inc. has scheduled a third party emissions testing for its "Second Generation Goliath Hydrogen Fuel Cell." The testing site is a state licensed facility that is current and compliant with all EPA emissions standards and regulations. The objective of the test is to quantify Air Pollution, and Greenhouse Gas emissions (GHGs) output, as well as measure the efficiency of the engine during normal operating conditions. Each of the five gases analyzed (CO, O2, CO2, NOX, HC) will provide individual indications of how well the cell is working in comparison to the system when it is turned off.

CEO JC Ley comments, "Testing by an independent third party is absolutely essential to the validation process and will prove most valuable to the R & D team. We are all very excited and look forward to passing yet another very important milestone in the development process." The results are expected as early as sometime next week.

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.

Safe Harbor

This press release includes statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Reform Act"). Xynergy Holdings, Inc. claims the protection of the safe-harbor for forward-looking statements contained in the Reform Act. These forward-looking statements are often characterized by the terms "may," "believes," "projects," "expects," or "anticipates," and do not reflect historical facts. Specific forward-looking statements contained in this press release include, but are not limited to: our successful integration of diversified growth companies, impact of the company's expansion plan, and new business development success, future financial results, development and acquisition of new product lines and services, the impact of competitive products or pricing from technological changes, the effect of economic conditions and other uncertainties. The forward-looking statements contained herein involve risks and uncertainties that could cause actual results to differ materially from the expectations contained in any such, forward-looking statements. These risks include, but are not limited to: failure to manage operating expenses or integrate new companies and/or technologies, each of which could have a material impact on our business, our financial results, and the company's stock price. These risks and other factors are detailed in the Company's filings with the U.S. Securities and Exchange Commission and the Pink Sheets. Most of these factors are difficult to predict accurately and are generally beyond the Company's control. Forward-looking statements speak only as to the date they are made and Xynergy Holdings, Inc. does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.

Contact Information

  • Contact:
    Xynergy Holdings, Inc.
    305-819-0452