Coffee Company Synesi, Inc Expanding Interests.STOWE, Vt. -- Synesi, Inc. (Pinksheets: SYNS SYNS Surely You're Not Serious SYNS See You Next Summer ) management announced it will be expanding its holdings to include diversified interests in the sizeable beverage market. "We are continuing our plan of growth within the premium coffee and espresso-based beverage industry," asserted Synesi President Ian Lamphere. "We will diversify our interests in other segments as synergistic opportunities for the further growth of the company arise," he concluded. Additionally, Derek Laborie has been elected to its board of directors. Laborie is President of Port City Coffee Roasters (PCCR PCCR Purchased Credit Card Relationships PCCR Proprietary Closed Cell Resin (Crocs) PCCR Patented Closed Cell Resin (Crocs shoes) PCCR Palmer Center for Chiropractic Research ), a subsidiary of Synesi. PCCR is a retail and wholesale coffee roaster located in Portsmouth, NH. "Derek brings quality leadership, industry knowledge and valuable contacts to the management team," noted Synesi Director Dan Burgess. To listen to an audio interview about this release with Synesi President, Ian Lamphere, use the following link http://www.smallcapvoice.com/syns/index.html. About Synesi, Inc.: (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). .PK: SYNS). SYNESI, Inc. is a coffee holding company based in Stowe, Vermont Stowe is a town in Lamoille County, Vermont, and is a major four-season destination resort. The population was 4,339 at the 2000 census. Geography According to the United States Census Bureau, the town has a total area of 188.4 km² (72.7 mi²). 188.2 km² (72. . Synesi intends to grow aggressively through acquisitions, mergers and new establishments within divisions including coffee roasting Roasting coffee transforms the chemical and physical properties of green coffee beans into roasted coffee products. The roasting process is integral to producing a savory cup of coffee. , green coffee brokerage, and wholesale and retail outlets while actively building its existing brands. The flagship of Synesi is Port City Coffee Roasters, based in Portsmouth, NH. About the Industry: The beverage market represents more than $200 billion in the U.S. and $700 billion internationally. Sales of premium coffee and espresso-based beverages show the greatest increase! Coffee is the world's fifth most traded commodity and the demand for premium coffee beverages continues to rise. According to the National Coffee Association of the U.S.A.'s 2004 National Coffee Drinking Trends report, the percent of coffee drinkers that drink gourmet coffees increased 16% last year! Forward Looking Statements: This information includes forward-looking statements made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated ob·li·gate tr.v. ob·li·gat·ed, ob·li·gat·ing, ob·li·gates 1. To bind, compel, or constrain by a social, legal, or moral tie. See Synonyms at force. 2. To cause to be grateful or indebted; oblige. to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release. |
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