Xynergy Corporation Acquires 100% Intellectual Property Rights and Protoypes to Hydrogen Splitting Generator

Acquisition of Revolutionary Technology Sets Stage for Massive Marketing Effort

Xynergy Corporation (PINKSHEETS: XYNG) announced today it has acquired all rights to a revolutionary hydrogen splitting generator. The generator is fuelled by water and has been proven to power small businesses, including restaurants located in South Florida. Use of the generator in retail applications reduces energy consumption by an astounding 70%. The company intends on creating a retail prototype by end of summer '08 wherein it can demonstrate the prowess of its revolutionary new technology.

The deal culminates several months of talks and negotiations with the inventor, a well-esteemed engineer who has several patents and designs on many appliances and power supply units that are powered by alternative energy. It was earlier announced that the deal involving the hydrogen generator would be strictly an exclusive marketing agreement, but the company wanted more. The deal goes into effect immediately.

ABOUT XYNERGY CORPORATION

The company is engaged in the development and investment of alternative energy technology and the identification, marketing and utilization of applications for such technologies. The company has identified several business sectors that these technologies can serve, including restaurants, commercial bakeries, gas stations, and all small businesses, as well as gas engines for automobiles and boats. This technology has the potential to revolutionize the energy industry because it is believed that this technology, which uses water as a power source, is the only one in the world that can turn hydrogen into real power in a cost efficient manner, making it truly an alternative energy solution. The company recently announced that it has retained the services of Joseph Emas to file its form 10 for the purposes of becoming a fully reporting 1934 Act company. Preparations for the audit of the company's books and records has begun, and the company hopes to become fully reporting within 120 days.

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