Cyntech Technologies Enters Preliminary Talks in Brussels.Business Editors CONYERS, Ga.--(BUSINESS WIRE)--Dec. 20, 1999 On Monday, December 13th, the management team of CYNT and international advisors met with Flanders Regional Government officials in Brussels, Belgium to discuss possible synergies between Cyntech Technologies recycling technologies and the Flanders Region current waste recycling challenges within the area. Exploratory discussions expressly concerning the proposed expansion of CYNT into the Flanders Region indicated location possibilities for a Cyntech rubber and plastics recycling plant serving the Benelux region (Belgium, Netherlands, and Luxembourg) as well as contiguous areas in Germany and North Eastern France. Frank Meyer
Frank S. , President of CYNT, held progressive discussions with the key executives and administrators within the Flanders Region carpet industry, discussing the feasibility of used carpet materials recycling strategies using CYNT's proprietary technologies which was agreed could offer European-wide solutions for manufacturers, retailers and installers collectively. Cyntech Technologies's exploratory discussions were part of a pan-European marketing approach by the company. Further review of location options and strategic alliances by CYNT with public and private sector entities in the Benelux area will be continued first quarter 2000 to determine optimum site feasibility and financial incentive packages that may be offered to the company. CYNT is an integrated technologies firm in the post consumer rubber and plastics recycling industry, with end user products ranging from methanol methanol, methyl alcohol, or wood alcohol, CH3OH, a colorless, flammable liquid that is miscible with water in all proportions. Methanol is a monohydric alcohol. It melts at −97. and derivative fuels, energy cogeneration, consumer durable goods durable goods Goods, such as appliances and automobiles, that have a useful life over a number of periods. Firms that produce durable goods are often subject to wide fluctuations in sales and profits. Also called consumer durables. , and contiguous products. Cyntech Technologies, Inc. trades publicly on the OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). under the trading symbol Trading symbol See: Ticker symbol CYNT. 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. Statement Some statements in this release are forward-looking and are subject to certain risks and uncertainties. These risks and uncertainties include but are not limited to economic conditions, changes in laws or regulations, demand for products and services of the company and the effects of competition. These risks and uncertainties could significantly affect anticipated results in the future and actual results may differ materially from any forward-looking. Safe Harbor Statement under 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: Statements in this news release looking forward in time involve risks and uncertainties, and actual results may be materially different. Factors that could cause actual results to differ include activity levels in the securities markets and other risk factors, such as customer order rates, cancellations, late delivery of customer components, production delays, dependence upon certain customers, dependence upon key executives, viability of quarterly results, single operating facility, competition, product liability risk, control by management, foreign currency fluctuation, and other risks detailed in applicable SEC filings and the companies 15(c)2-11 disclosure document. For more information please contact CYNT's Investor Relations Investor relations The process by which the corporation communicates with its investors. @ 770/760-8732. The Company web site is located at www.cyntechtechnologies.com. e-mail address See Internet address. e-mail address - electronic mail address : upgas@aol.com |
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