IRVINE, Calif., Dec. 15, 2003 (PRIMEZONE) -- eSynch Corporation (OTCBB:ESYN) today announced that the NASD has approved eSynch's return to trading on the Bulletin Board. The Company's common stock is once again trading on the OTC BB using its original symbol ESYN.
"We are pleased that our commitment to this process has resulted in clearing all of the SEC's comments on our recent SEC Form 14c filing. We anticipate this event will mark the starting point for us to continue our task of repositioning and rebuilding the company and complete the merger and acquisition activities started just prior to the 14c filing," said Tom Hemingway, CEO. "This is great news for our long-time, loyal investors and for new investors who can participate in our growth."
eSynch has spent several months weighing various merger and acquisition opportunities, and is currently negotiating a letter of intent involving new technology for Hotel Pay to View, and DVD encoding and encryption technologies as well.
Safe Harbor
Statements herein express management's beliefs and expectations regarding future performance and are forward-looking and involve risks and uncertainties, including, but not limited to, the ability to negotiate outstanding prior debts of acquired companies; properly identify acquisition partners; adequately perform due diligence; manage and integrate acquired businesses; react to quarterly fluctuations in results; raise working capital and secure other financing; respond to competition and rapidly changing technology; deal with market and stock price fluctuations; and other risks. These are and will be detailed, from time to time, in eSynch's Securities and Exchange Commission filings, including Forms 10-KSB, 10-QSB and 8-K. Actual results may differ materially from management's expectations.
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