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.