Synergx Systems Inc. (Nasdaq Small Cap - SYNX) Announces Fourth Quarter and Twelve Month Results

Synergx Systems Inc. (Nasdaq Small Cap - SYNX) Announces Fourth Quarter and
Twelve Month Results 


SYOSSET, N.Y., Dec. 22  /PRNewswire-FirstCall/ -- Synergx Systems Inc. reported
the following for its fourth quarter and twelve month period ended September 30,
2003 and 2002:

                              THREE MONTHS                 TWELVE MONTHS
                           2003         2002            2003           2002

  Revenues          $ 5,730,000   $5,124,000    $ 19,814,000    $16,943,000
  Income (Loss)
    Before Equity
    Investment and
    Taxes               296,000      159,000         547,000       (493,000)
  (Loss)from
     Equity Investment  (35,000)                     (35,000)
  Income (Loss)
     Before Taxes       261,000      159,000         512,000       (493,000)
  Net Income (Loss)     156,000       96,000         282,000       (293,000)
  Basic Earnings (Loss)
    per share              $.04         $.03            $.07          ($.09)
  Diluted Earnings
    (Loss) per Share       $.03         $.03            $.06          ($.09)
  Weighted Average
    Common and Potential
  Dilutive Common Share
    Equivalents
   Outstanding        5,333,033    3,576,368       4,433,735      3,409,794



During the fiscal year and quarter ended September 30, 2003 revenues and income
before tax increased significantly over the comparable 2002 periods.

The increase in revenues during 2003 resulted from a gradual improvement in
economic activity in our primary New York City market, higher sales of transit
communication systems and improved product revenues in the Dallas, Texas market
area during  the second half of the 2003 fiscal year.   Income has begun to be
positively impacted by the higher revenues and improved margins due to the
relative fixed nature of certain overhead costs.

Management noted that it ended fiscal 2003 with a record order position of $16.5
million compared to $12.1 million at the end of fiscal 2002 which reflects large
new orders for subway complexes and rail car communication and announcement
systems.

Management believes that the positive trends experienced in 2003 should continue
in the current year and beyond as Synergx better manages costs and extends its
marketing programs to take advantage of product development and existing
channels of distribution while broadening geographic penetration.

Management also commented that the Company intends to continue evaluating
acquisitions and/or investments and explore opportunities relating to its recent
25% investment and license relationship with Secure 724 L.P, including
applications for commercial facilities and on-board transit communication.

Synergx is engaged in the design, manufacture, marketing and service of a
variety of data communication products and systems with applications in the fire
alarm, life safety, security and communication industries.

"Safe Harbor" statement under the Private Securities Reform Act of 1995: This
release contains forward- looking statements, which reflect management's current
views of future events and operations.  These forward- looking statements are
based on assumptions and external factors, including assumptions relating to
product pricing, competitive market conditions, financial data, and other risks
or uncertainties detailed from time to time in the Company's filings with the
Securities and Exchange Commission.  These forward-looking statements represent
the Company's judgment as of the date of this release and any changes in the
assumptions of external factors could produce significantly different results. 

DATASOURCE: Synergx Systems Inc.



CONTACT:  John Poserina, Chief Financial Officer of Synergx Systems Inc.,

[phone], fax, [phone]

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