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Hier die News

Xynergy Signs Letter of Intent to Acquire Assets of Fitness Nutrition & Weight-Loss Company



AVENTURA, Fla.--(BUSINESS WIRE)--Oct. 19, 2005--Xynergy Corp. (OTC:XYNY) announced today that a non-binding letter of intent had been signed to acquire the assets of a fitness nutrition and weight-loss company based out of Pompano Beach, Florida.

Due to a confidentiality agreement, Xynergy cannot reveal the name of the company at this time. According to this fitness company`s 2004 tax returns, it had revenues in excess of $3.4 million. With over 1,500 sku`s, it offers an array of body building, weight-loss and nutritional products. Its client base includes U.S. government agencies and international health and nutrition retailers, with a substantial client base in Latin America.

Recent statistics reveal a growth of 14% in sales for 2004, at $15.6 billion for the Sports Nutrition and Weight-loss industry. Forecasts for this industry are looking at a continued growth rate of 5-7% annually, reaching a whopping $22.8 billion in sales by 2013 in the U.S. alone. (See www.npicenter.com for further information.)

"We are extremely excited about this acquisition," stated CEO Raquel Zepeda. "Not only will it work well with our core cosmetics business, but it will give us a clear portal to introduce Raquel of Beverly Hills products in Latin America."

Subject to due diligence and other government regulatory requirements, a definitive purchase agreement may not be consummated for several weeks.

Xynergy Corporation (www.xynergycorp.com.) is a holding company for: Raquel of Beverly Hills cosmetics (www.raquelofbeverlyhills.com) and Machinations, Inc., producer of Think Blots greeting cards and related products (www.dementeddiagnosis.com). Contact: Raquel Zepeda, Xynergy Corporation, 18851 NE 29th Ave., Suite 700, Aventura, FL 33180, telephone: [phone]. ([e-mail]).

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical fact are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements.


CONTACT: Xynergy Corporation
Raquel Zepeda, 305-749-2525
[e-mail]

SOURCE: Xynergy Corporation

[Wolframit]

Xynergy cannot reveal the name of the company

Glaub nicht ,daß auf Grund dieser zwielichten Meldung Umsatz in den Wert kommt.Ich glaube sowieso eher,daß die am Ende sind.