DAMASCUS, Md., Nov. 3 /PRNewswire-FirstCall/ -- Syndication Inc., (SYNJ.PK), reports that McCutcheon Marshall Jr., President and Chairman of the Board for Sentinel Renewable Energy S.C. Inc. and Pinnacle Energy Inc., the wholly owned energy subsidiary of Syndication Inc., announces that on Sunday the 25th of October 2009, Sentinel Renewable Energy S.C. Inc. signed Mr. Peter Katzburg as the new CFO of the Company. Mr. Katzburg has over thirty years of experience including service as the CFO of a Fortune 500 and a Fortune 1000 company. He currently owns and operates a Financial Consulting Firm located in South Carolina. The firm specializes in a broad and comprehensive range of financial services that focus primarily on procuring working and growth capital for Companies. The various sources include commercial and government loans, grants, and equity. Over the years Mr. Katzburg has supervised and implemented many projects for businesses throughout the State of South Carolina. As a result, he has developed strong banking relationships, secured various state, county and community incentive grants, JEDA Industrial Revenue Bonds, USDA funding, DOE Funding, negotiated incentives and secured funding from the S.C. Department of Commerce, Williamsburg County and the Williamsburg County Rural Development Fund. For the last 6 months, Mr. Katzburg has been working as a private consultant for the Company. He was the chief architect of our $25 million DOE grant application and our 3.5 million government guaranteed loan application, both of which are pending approval. "The fact that he has officially accepted the position of Chief Financial Officer of our company says volumes about his perception of our Company's potential as well as enhancing the favor of the strategic alliances that follow him," says Mac Marshall Jr. the President of Sentinel Renewable Energy S.C. Inc. and Pinnacle Energy Inc. When Mr. Sorrentino was asked to comment on the new CFO he stated, "whenever the Company has the opportunity to bring on a professional with Mr. Katzburg credentials, you have to consider yourself extremely fortunate. Mr. Katzburg has worked with many companies in the State of South Carolina and has successfully closed financing programs with both the DOE and USDA. The fact that he has such strong and familiar ties to those agencies obviously gives him a valuable insight on how to build our finance and cash flow matrix models to meet all specifications. However, even more important is that the agencies and banks we are currently working with now know that he is not just acting as an agent for our Company but, as the CFO he will be in charge of supervising the finance programs they are funding. From there perspective the potential of our Company has got to look great. In my opinion, the last remaining concerns about moving to a close have been defused," said Brian Sorrentino the CEO of Syndication Inc. The Company reports that more news is pending. Contact Information: Brian Sorrentino Phone # 888-422-5515 Syndicationinc.net For all mail correspondence; Box 503, Damascus, MD 20872 This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products, which we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets. DATASOURCE: Syndication Inc. CONTACT: Brian Sorrentino of Syndication Inc., 1-888-422-5515 Web Site: http://www.syndicationinc.net/

Copyright