Communication Synergy Te... (CE) (USOTC:CSYT)
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Communication Synergy Technologies Inc., Infotonics Technology
Center to Explore Opportunities in Document Preservation Technology
ROCHESTER, N.Y., May 17 /PRNewswire-FirstCall/ -- Communication Synergy
Technologies Inc., (ComSynTech) (OTC:CSYT), a developer of document management
solutions, and the Infotonics Technology Center, a New York State Center of
Excellence in Photonics and Microsystems, have agreed to explore ways that
ComSynTech can leverage the Center as a regional resource to research and
develop Microsystems technology in support of ComSynTech's proprietary
document- preservation product innovations.
Infotonics, a not-for-profit corporation located in Canandaigua, NY, has
established a unique, world-class research and development facility. It
provides entrepreneurs with affordable access to research for the development
of [processes] for Microsystems prototyping and rapidly commercializing
products of the future. The end goal of [the facility/Infotonics/the
relationship] is economic development leading to the growth of high-tech
companies and the creation of high-tech jobs across New York State.
According to Seth Borg, ComSynTech CEO, "Our access to Infotonics could provide
us with capabilities to provide single prototyping fabrication and
proof-of-concept testing. Pilot production assessments, from a
pre-commercialization standpoint, would help us better determine overall
production needs and speed entry into this $750 billion market".
By collaborating with Infotonics, Borg said, ComSynTech could have the
opportunity to interact with key government sponsors of innovation that include
the Empire State Development Corporation, NASA, the Department of Energy, The
Department of Defense and the Small Business Administration.
David R. Smith, Infotonics' President, said today that ComSynTech "is another
good example of a small company that could benefit from the Center's
capabilities to research and develop a new Microsystems application. If
successful, such companies would drive economic growth and create jobs in New
York State, and that is at the heart of Infotonics' mission."
Michael Perrotta, ComSynTech's Chief Operating Officer, added that "Infotonics'
university partnerships could provide important research for advancing the
company's document preservation technology."
About ComSynTech
Communication Synergy Technologies Inc. (ComSynTech) develops and markets
document creation, management and preservation systems for medicine, industry,
finance and government. Its products 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.
About the Infotonics Center
The Infotonics Technology Center Inc. (Infotonics) is a not-for-profit
corporation that operates New York State's Center of Excellence in Photonics
and Microsystems. Infotonics is structured as a consortium whose founding
participants include Corning, Inc., Eastman Kodak Company, and Xerox
Corporation. Academic participants include some 20 New York State colleges and
universities. Infotonics' goal is to establish a unique, world-class research
and development facility to enable rapid commercialization of new products.
This initiative will provide major benefits to the region, including creation
of jobs and attraction of new companies and investment revenue.
Certain information discussed in this news release may constitute
forward-looking statements. These are based on management's present
expectations and beliefs about future events and are subject to risks and
uncertainties. It is possible that the Company's actual results and financial
condition may differ, possibly materially, from the anticipated results and
financial condition indicated in these forward-looking statements.
DATASOURCE: ComSynTech
CONTACT: Investors: Michael J. Perrotta, Chief Operating Officer of
Communication Synergy Technologies Inc., +1585-241-9150,
; or Ron Roberts of Martino Flynn, LLC,
+1-585-421-0100, , for ComSynTech
Web site: http://www.martinoflynn.com/