ROCHESTER, N.Y., March 24, 2004 (PRIMEZONE) -- Communication Synergy Technologies Inc. (ComSynTech) (Pink Sheets:CSYT), a business solutions company, is pleased to announce that the Company is taking pre-release orders for the Version 3.0 CDV-1000 and anticipates early introduction to the business market through channel partners, already in place.
ComSynTech's CDV1000 Document Vault is a scalable and easily integrated electronic filing system designed to capture, manage, annotate and prepare documents for permanent preservation. In doing so, it directs the storage, sharing and management of any type of digital document including important papers, faxes, images, digital files such as word processing documents, spreadsheets, presentations, web pages and emails to preservation media. It assures that preserved documents will be accessible for centuries to come, with a faultless retrieval capability.
Rob Robbins, Director of Product Marketing for ComSynTech commented, "The release of Version 3.0 of the CDV1000 Document Vault is being eagerly anticipated by our channel partners and we expect the launch to be well received."
Robbins added, "The document storage industry is growing rapidly, managing the storage and retrieval of vital information is becoming a much more important business process. Each year 40 billion documents must be preserved, not just stored, for up to and exceeding 100 years, with 50 percent growth in the creation of these documents annually. Our system gives companies an economical way to effectively handle this enormous task."
About ComSynTech
Communication Synergy Technologies Inc. (ComSynTech) develops and markets document creation, management and preservation systems for medicine, industry, finance and government.
The products developed by ComSynTech provide efficiency, flexibility and improved quality by automating the creation, capture, management, distribution, archiving, preservation and retrieval of voice and word documents across multiple markets.
ComSynTech products and development platforms integrate with and complement existing technologies, accelerating time-to-implementation.
"Safe-Harbor" Statement Under the Private Securities Litigation Reform Act of 1995
This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements regarding potential sales, the success of the company's business, as well as statements that include the word "believe" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of ComSynTech to differ materially from those implied or expressed by such forward-looking statements. Such factors include, among others, the risk factors included in ComSynTech's reports filed with the SEC under the Exchange Act. This press release speaks as of the date first set forth above and ComSynTech assumes no responsibility to update the information included herein for events occurring after the date hereof. Actual results could differ materially from those anticipated due to factors such as the lack of capital, timely development of products, inability to deliver products when ordered, inability of potential customers to pay for ordered products, and political and economic risks inherent in international trade.