Synergx Systems Inc. (Nasdaq Small Cap-SYNX) Announces 560% Increase in Earnings and 30% Increase in Revenues for Third Quarter

Synergx Systems Inc. (Nasdaq Small Cap-SYNX) Announces 560%
Increase in Earnings and 30% Increase in Revenues for Third Quarter 


SYOSSET, N.Y., Aug. 4  /PRNewswire-FirstCall/ -- Synergx Systems Inc. reported
the following results for its third quarter and nine-month period ended June
30, 2004 and 2003:

                               THREE MONTHS                  NINE MONTHS
                             --------------                  -----------
                           2004           2003           2004          2003
                           ----           ----           ----          ----
  Revenues          $ 6,081,000    $ 4,658,000    $15,673,000   $14,084,000
  Income Before
   Equity Investment
   and Taxes            524,000         76,000        444,000       250,000
  (Loss) from Equity
   Investment           (20,000)       (52,000)
  Income Before Taxes   504,000         76,000        392,000       250,000
  Net Income            302,000         42,000        234,000       126,000
  Diluted Earnings
   per Share        $       .06    $       .01    $       .05   $       .03
  Weighted Average
   Common and
   Potential Dilutive
   Common Shares
   Outstanding        5,116,631      4,519,456      5,064,697     4,284,851



The increase in revenues during the current three and nine month periods of
2004 was due to improved revenues in both the Company's principal New York City
market area and its Dallas, Texas market (which improved significantly from
2003 levels).  These periods benefitted from the release of New York City
Transit projects as a result of approvals for production and shipment and from
aggressive pricing in the Dallas market that resulted in record shipments.

The Company has added additional management and sales staff to support product
expansion, particularly security products and systems both for the Company's
existing building base as well as a wide variety of commercial, governmental
and transit facilities.

Management noted that at June 30, 2004 the Company had an order position of
$15.1 million compared to $14.8 million at the end of June 2003 which reflects
new orders for subway complexes in New York City and recently secured orders in
our Dallas, Texas market area.

The Company also reports that its investee Secure 724 is proceeding with the UL
certification process and developing a GSM/GPRS version for communication with
any standard monitoring station as well as all the functionality of the 724
Interactive.

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.  For further
information about Synergx please go to our website at
http://www.synergxsystems.com/

"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]



Web site:  http://www.synergxsystems.com/ 

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