Cyntech Technologies Inc. Filed its Trading Symbol: CYNT.

CONYERS, Ga.--(BUSINESS WIRE)--Nov. 24, 1999--

On Nov. 8, 1999, Cyntech Technologies, Inc. (OTC:CYNT) filed its Form 10SB with the Securities and Exchange Commission through the SEC's Electronic Data Gathering Analysis, and Retrieval "EDGAR" system, in appropriate compliance with the amended NASD Eligibility Rule 6530.

In accordance with the phase-in schedule of the new Eligibility Requirements, and based on the time requirement of SEC review procedures, on Friday, Sept. 10, 1999, the company's stock-trading symbol (OTCBB:CYNT) was appended with an "E" (the temporary trading symbol is OTCBB:CYNTE).

Because the OTCBB is a quotation service for NASD Market Makers, not an issuer listing service or securities exchange, there are no quantitative listing requirements that must be met by an OTCBB issuer. However, new Eligibility Requirements are in effect for both foreign and domestic issuers. Non-reporting companies whose securities were already quoted on the OTCBB on Jan. 4, 1999, started being alphabetically phased into compliance with the new requirements back in July 1999 and will end in June 2000. Effective Jan. 4, 1999, domestic issues quoted on the OTCBB are limited to the following securities:

--   Securities of issuers that make current filings pursuant to
     Section 13 or 15(d) of the Securities Exchange Act ("Act");

--   Securities of depository institutions that are not required to
     make filings under the Act, but file publicly available reports
     with their appropriate regulatory authorities;

-- Securities of registered closed-end investment companies; and -- Securities of insurance companies that are exempt from registration under Section 12(g)(2)(G) of the Act.

Trading symbols appended with an "E" are subject to removal from the OTCBB in 30 calendar days (60 days if denoted with a plus sign "+") if the NASD does not receive information indicating that a company is current in its public reporting obligations pursuant to Rule 6530. Cyntech Technologies, Inc. is now current in its public reporting obligations pursuant to Rule 6530. The company is working closely with advisors to maintain communication with the SEC during this review period. The Company has further forwarded its form 211 to the National Association of Securities Dealers for reinstatement for listing on the OTC Bulletin Board. However, the company does not anticipate any further action toward such reinstatement until the Securities and Exchange Commission renders a "No Comment" letter regarding the Form 10SB making such registration effective.

Amendment to Rule 6530

This amendment to Rule 6530 limits quotations on the OTCBB to the securities of issuers that make current filings pursuant to Sections 13 and 15(d) of the Act, securities of depository institutions that are not required to make filings under the Act but file publicly-available reports with the appropriate regulatory agencies, registered closed-end investment companies, and insurance companies that are exempt from registration under Section 12(g)(2)(G) of the Act.

EDGAR is the SEC's system for the receipt, acceptance, and review of documents submitted in electronic format.

CYNT is an integrated technologies firm in the post consumer rubber and plastics recycling industry, with end user products ranging from methanol and derivative fuels, energy cogeneration, consumer durable goods, and contiguous products. Cyntech Technologies, Inc. trades publicly on the OTC under the trading symbol CYNT.

Safe Harbor 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 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 @ 770/760-8732. The Company web site is located at www.cyntechtechnologies.com. e-mail address: [e-mail]