Syncronys International Announces That They Have Signed a Letter of Intent to Acquire Zillacomm, Inc. and Zillacomm Canada Companies That Are in the Business of Designing and Building Wireless Networks for Major Wireless Companies
MANDEVILLE, LA, Aug 07, 2012 (MARKETWIRE via COMTEX) --
Syncronys International (PINKSHEETS: SNTL)
Syncronys International is pleased to announce that they have signed
a Letter of Intent to acquire Zillacomm, Inc. and Zillacomm Canada.
With expected annual revenues exceeding $15 Million, Zillacomm is a
North American Infrastructure EF&I provider in Telecommunications and
Energy sectors. Specifically, Zillacomm offers Commercial Carrier
Wireless Networks and Energy Utilization, Renewable Energy
applications, and Smart Grid systems. According to Rex Gay, Syncronys
CEO, "Zillacomm's ground-breaking infrastructure systems will enable
a technology and implementation convergence for Syncronys's renewable
energy products, smart grid products and systems, communications, and
security solutions." With integration opportunities that include
Smart-Grids, Micro-Grids, Analytics, Energy Management, Wireless
Services, and Cloud based applications and support, Zillacomm is
projecting a 500% increase in overall sales over the next 5 years.
Syncronys offers a comprehensive product and technology strategy to
provide a wide range of green energy applications, Micro Utility,
Micro Grid and Smart Grid initiatives on any domestic and
international level. Acquisition is in due diligence process by both
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.
SOURCE: Syncronys International, Inc.
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