MIAMI, Jan. 23, 2009 (GLOBE NEWSWIRE) -- Xynergy Holdings Inc. (Pink Sheets:XYNH) announces that its common shareholders have by overwhelming majority voted to remove former CEO Marc Walther for cause from all positions in the company. Ronny Halperin has been elected as interim president, director and CEO until a permanent officer is chosen.
About Xynergy Holdings, Inc.
Xynergy Holdings, Inc. is committed to changing the landscape of power generation by unveiling several new technologies using alternative energy sources for the use in consumer, retail and small business applications. With its hydrogen splitting generator, Xynergy intends on becoming a leader in green, economically friendly energy production with a special eye on the consumer.
Safe Harbor Disclosure:
This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates," and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Security and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.