NEW YORK, July 25, 2012 /PRNewswire/ -- Synthesis Energy Systems, Inc. (Nasdaq: SYMX) ("SES"), a global energy and gasification technology company, has appointed Feintuch Communications as its public relations agency of record.
Headquartered in Houston, SES provides technology, equipment and engineering services for the conversion of coal, biomass and municipal waste feedstocks into high value energy and chemical products. The company utilizes its proprietary advanced fluidized bed gasification technology, based upon U-GAS® for which it holds an exclusive license from the Gas Technology Institute.
"SES has the leading proprietary gasification technology that enables the production of high value energy products from low cost feedstocks including low quality coals, biomass and municipal waste. We are well positioned to take advantage of global opportunities, especially in emerging markets where low cost coals can be abundant and oil and gas are expensive or scarce," said Robert W. Rigdon, president and CEO of Synthesis Energy Systems. "As we prepare for the start-up of our Yima Joint Venture coal to methanol project in China this year, we have selected Feintuch Communications to help generate global awareness of the company and our capabilities, as well as this major new facility."
"This is an exciting time to partner with SES which is addressing the critical energy needs of emerging markets, including China, India and other areas in Southeast Asia," said Henry Feintuch, president of Feintuch Communications. "SES is unlocking value from largely untapped resources, particularly low cost, low quality coals, which are abundant. Its advantageous technology and vertical businesses will provide a foundation for economic growth in developing regions of the world. We are partnering with SES and its investor relations firm, MBS Value Partners, to communicate the company's strengths and enhance its global visibility."
About Synthesis Energy Systems, Inc.
SES provides technology, equipment and engineering services for the conversion of low rank, low cost coal and biomass feedstocks into energy and chemical products. Its strategy is to create value through providing technology and equipment in regions where low rank coals and biomass feedstocks can be profitably converted into high value products through its proprietary U-GAS® fluidized bed gasification technology, which SES licenses from the Gas Technology Institute. U-GAS® gasifies coal cost effectively, without many of the harmful emissions normally associated with coal combustion plants. The primary advantages of U-GAS® relative to other gasification technologies are (a) greater fuel flexibility provided by the ability of SES to use all ranks of coal (including low rank, high ash and high moisture coals, which are significantly cheaper than higher grade coals), many coal waste products and biomass feed stocks; and (b) the ability of SES to operate efficiently on a smaller scale, which enables the construction of plants more quickly, at a lower capital cost, and, in many cases, in closer proximity to coal sources. SES currently has offices in Houston, Texas, and Shanghai, China. For more information on SES and SRS, visit www.synthesisenergy.com or call (713) 579-0600.
SES Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Among those risks, trends and uncertainties are the early stage of development of SES, its estimate of the sufficiency of existing capital sources, its ability to successfully develop its licensing business, its ability to raise additional capital to fund cash requirements for future investments and operations including its China platform initiative, its ability to reduce operating costs, the limited history and viability of its technology, commodity prices and the availability and terms of financing opportunities, its results of operations in foreign countries, its ability to diversify, its ability to complete the restructuring of the ZZ Joint Venture, its ability to obtain the necessary approvals and permits for its future projects, the estimated timetables for achieving mechanical completion and commencing commercial operations for the Yima project as well as the ability of the Yima project to produce revenues and earnings, the sufficiency of internal controls and procedures and the ability of SES to effect the ZJX/China Energy transaction and the Hongye and Zhongmo transactions, grow its business and generate revenues and earnings as a result of its proposed China and India platform initiatives, as well as its joint venture with Midas Resource Partners. Although SES believes that in making such forward-looking statements its expectations are based upon reasonable assumptions, such statements may be influenced by factors that could cause actual outcomes and results to be materially different from those projected. SES cannot assure you that the assumptions upon which these statements are based will prove to have been correct.
Important Notice from SES
In connection with the proposed ZJX/China Energy transaction, SES has filed a preliminary proxy statement, and intends to file a definitive proxy statement, with the SEC and intends to mail the definitive proxy statement to the stockholders of SES. SES and its directors and officers may be deemed to be participants in the solicitation of proxies from the stockholders of SES in connection with the transaction. Information about the transaction is set forth in the preliminary proxy statement filed, and will be set forth in the definitive proxy statement to be filed by SES with the SEC.
You may obtain the preliminary statement and, when available, the definitive proxy statement, for free by visiting EDGAR on the SEC website at www.sec.gov. Investors should read the definitive proxy statement carefully before making any voting or investment decision because that document will contain important information.
About Feintuch Communications
Feintuch Communications (www.feintuchcommunications.com), based in New York City, is a strategic relations firm offering clients an integrated blend of public relations, advertising/marketing, investor relations and other services to meet their business objectives. A founding partner of PR World Alliance (www.prWorldAlliance.com), the firm specializes in B-to-B and B-to-C programs with a focus in technology, financial services, advertising and media and energy/clean tech. Feintuch Communications prides itself on its strong service ethic, senior counsel and hands-on support.
The company's JumpStart Global Advisors (www.jumpstartglobal.com) subsidiary is an international business consulting and services firm helping companies to enter global markets. It provides businesses with a speedy, efficient and cost-effective model for market entry without the need for costly capital outlays. Core services include market readiness assessment; business establishment and administration; recruitment; sales strategy and business development; and strategic marketing and public relations.
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