Syncronys International, Inc. announces formation of a wholly owned
subsidiary Lectric, Inc. a Nevada corporation.
MANDEVILLE, La., Dec. 18, 2012 /PRNewswire/ -- Syncronys
International (PINKSHEETS: SNTL)
The Company is pleased to provide shareholders with a yearend
update as well as outline certain goals for 2013.
"2012 has been a great year for Syncronys and our shareholders
as we have successfully made the transition from a private to a
public company," said CEO Rex
Gay. "In a move to further our development of
renewable energy generating equipment, I am pleased to announce the
formation of a wholly owned subsidiary, Lectric Power."
Lectric Power will be focused on sales, distribution and
installation of a wide range of green energy products and
applications. These will include Micro Utility, Micro Grid,
and Smart Grid both domestically and internationally.
Additionally Lectric Power will sell and distribute power
generation equipment for use in commercial, home and agricultural
applications and solutions.
Syncronys International Inc. will continue as a public holding
company exploring business opportunities to increase stockholder
value. As a part of this commitment, over the past few months
we have been in discussions with various potential acquisition
candidates who would immediately add value to the company and
shareholders. We look forward to communicating our progress
in further detail in the very near future.
As we enter 2013, we continue to be excited about the future of
Syncronys and we thank our shareholders and investors for their
continued support.
Safe Harbor:
Certain statements in this news release are forward-looking
statements made pursuant to the safe harbor provision of the
Private Securities Litigation Reform Act of 1995, which involve a
number of risks and uncertainties that could cause actual results
to differ materially from those in such forward-looking statements.
These forward-looking statements can be identified by terminology
such as "anticipate," "believe," "could," "estimates," "expect,"
"future," "intends," "may," "plans," "should," "will," and similar
statements.
SYNCRONYS INTERNATIONAL, INC.
REX GAY
800-382-7271
INFO@SYNCRONYSINTERNATIONAL.COM
SOURCE Syncronys International, Inc.