CSYT Communication Synergy Technologies (CE)

Communication Synergy Technologies, Inc. (OTC: CSYT) (ComSynTech), a developer of radiology information management and document preservation systems, announced today that Peter M. Palermo, Chairman of the Board, has been re-elected to an additional term. Mr. Palermo is Founder, Chairman and CEO of Strategic Triangle, Inc., an international management consulting firm which specializes in assisting executive management teams in identifying strategic and financial alternatives and forming strategic alliances. Prior to this, he served a variety of progressive executive management roles at Eastman Kodak Company to include Chief Marketing Officer, President of Medical Imaging and Health Sciences, and President of the Consumer Imaging Group. He retired from Kodak in 1994. Seth A. Borg, M.D., President, CEO and Founder of ComSynTech, noted, "We are very pleased that Peter will continue in his role as Chairman of the Board. He has been instrumental in defining our strategic focus to bring our products to market and initiating relationships with key strategic partners. His knowledge in the medical imaging industry and technology development markets is invaluable to our product commercialization efforts." Mr. Palermo commented, "I am intrigued with the technology that ComSynTech has developed and excited about its prospects. Strategically, the Company has the potential to build its revenue through direct sales and partnerships and, with sufficient traction, it can then sell or license its technologies which will then fund the development of the next technology in the pipeline. I am pleased to be a part of the team." ComSynTech also announced that it had appointed Craig Stevens as Vice President of Sales and Business Development and Thomas Willoughby as Vice President Business Development for its Medical Synergy Technologies subsidiary. Their primary focus will be on the market introduction and sales of InFORM(tm), a modular radiology information management system. Stevens, formerly Vice President of Indirect Sales for Eastman Kodak's Medical Imaging and Health Sciences Group, has extensive experience in identifying new market channels and building partnerships. In addition to his former role at Kodak, Stevens held a variety of positions including VP Indirect Sales, for Kodak's Health Imaging Division where he managed and developed strategy for the multi-million dollar "Medical Distributor" Channel business. Craig also served as the division's VP Americas Service, where he managed top and bottom line performance of the $126 million medical service business with over 1100 employees. Other positions included multiple international assignments. He received his BS from Florida State University and financial training from the Kellogg School of Business. Willoughby, formerly with Eastman Kodak as its Director and Vice President Medical Imaging Business, brings over 29 years experience in medical imaging technology to ComSynTech. His responsibilities included business channel development and the management of Health Imaging's national account organization. As Corporate Account Executive for Konica Minolta Medical Imaging, he had extensive involvement in managing the medical product sales channels and corporate accounts. He has a BS in Political History from SUNY, and completed the Advanced Business Management Program at Rochester Institute of Technology School of Business. Dr. Borg added, "Our primary focus is on growing market awareness and building sales of InFORM(tm), our unique modular radiology information system. The power of our product lies in its patented clinical diagnostic reporting module which can reduce transcription costs by up to half and eliminate redundant activities for medical doctors and radiologists. Another unique feature of our product is its practice performance module, designed to help practitioners improve profit margins and enhance revenue opportunities. We believe that with the addition of Craig and Tom to our team, we can accelerate the market entry of InFORM(tm)." About ComSynTech Communication Synergy Technologies, Inc. develops and markets document creation, management and preservation systems for medicine, industry, finance, and government. Its strategy is to continue to develop new products to improve medical practices' processes and create information preservation technologies. The products developed by ComSynTech provide efficiency, improve operational processes and enhances communication quality by automating the creation, capture, management, distribution, archiving, preservation and retrieval of voice and word documents. ComSynTech's InFORM(tm), DocVAULT and eflash integrate with, and complement, existing information management systems enabling rapid implementation and ease of use. More information about ComSynTech and its products can be found at its website: www.comsyntech.com. Safe Harbor Statement This release contains forward-looking statements regarding expectations for future financial performance, which involve uncertainty and risk. It is possible the Company's future financial performance may differ from expectations due to a variety of factors including, but not limited to, changes in economic and business conditions in the world, increased competitive activity, achieving sales levels to fulfill revenue expectations, technology advancements, unexpected costs and charges, adequate funding for plans, regulatory and other approvals and failure to implement all plans, for whatever reason. It is not possible to foresee or identify all such factors. Any forward-looking statements in this report are based on current conditions; expected future developments and other factors it believes are appropriate in the circumstances. Prospective investors are cautioned that such statements are not a guarantee of future performance and actual results or developments may differ materially from those projected. The Company makes no commitment to update any forward-looking statement included herein, or disclose any facts, events or circumstances that may affect the accuracy of any forward-looking statement.