Syndication Inc. CEO asked Board of Directors to Vote on Share Dividend

DAMASCUS, Md., Aug. 6  /PRNewswire-FirstCall/ -- Syndication Inc., (Pink Sheets: SYNJ), reports that on August 5th 2009, The Company's Board approved the CEO's request to take the necessary steps to issue a shareholder dividend in the form of the Company's Common Stock.

"The exact terms of the dividend have not been decided at this time however, I anticipate that it will be a restricted stock dividend and will range from 1% to 4%, with a Record Date from 30 to 60 days following the Official Declaration Date. I intend to evaluate the process and have a Dividend Declaration Date for the BOD to vote on by mid next week. I am excited that the board has approved my request for this action and grateful that the Company can do this for its strongest supporters," said Brian Sorrentino, the CEO of Syndication.

The Company reported that the action of the CEO is in line with his declaration to establish policy that routinely pays a Stock Dividend of at least 1% on a quarterly basis.

As stated on March 1st 2009, "It will be the intent of the Company to reward our shareholders on a quarterly basis for their continued interest and support, as well as establishing policy designed to encourage a longer term investment posture," said Sorrentino. The Company indicates that more news on this and other events is pending.

This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products, which we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.

News Contact Information; Syndication Inc., Brian Sorrentino Phone # [phone]

For all mail correspondence; PO Box 503, Damascus, MD 20872 

DATASOURCE: Syndication Inc.



CONTACT:  Brian Sorrentino of Syndication Inc., [phone]

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