Syndication Inc. Announces ‘PINNACLE ENERGY’ a New Alternative Energy Subsidiary

DAMASCUS, Md., March 11, /PRNewswire-FirstCall/ — Syndication Inc. (Pink Sheets: SYNJ.PK), reports that Pinnacle Energy Inc. was established by Syndication as a wholly owned subsidiary on September 19th of 2008. For 6 months the Company has been un-officially working to set up the new subsidiary for the purpose of exploiting the opportunities fostered by the recent birth of the Alternative Energy Industry. “It’s time to make it official. Over the next couple of weeks I will be asking the BOD to authorize me to take the necessary actions to staff and propose the budget requirements for the new division. We now need professionals in the fields of alternative energy engineering and government finance, and it’s time to hire them,” said Sorrentino, the CEO of Syndication Inc. Among other specifics, the Company indicates that it will seek professionals with expertise in the areas of wind turbine energy, bio-diesel fuel production, solar power and microwave plasma physics.

The Company also indicates that it intends to take full advantage the government financing currently being offered under the Obama administration. To that effort the CEO has worked very diligently through the Pickens Energy Program to place Syndication at the crossroads of a massive new technological revolution and to equip it with a political presence he believes will play a required role in the application process related to this type of funding. “If the Company is going to avail itself of these opportunities, specifically in the arena of government funding, it will need the ‘political cache’ to do it, said Sorrentino.

“I am extremely excited by the direction the Company is heading although, there is much more work in front of us then behind us. The peaces of the puzzle are coming together. I have taken steps to capitalize the Company in a competitive format by completing the 300 hundred million share rescission on February 27th. 2009. I may contemplate asking the BOD to consider additional rescissions in the future. We have the industry, politics, and projects and are taking the proper steps to staff and finance Pinnacle Energy. It’s a fantastic new addition to the Company and I believe our shareholders will be rewarded greatly for their support. This is still only the beginning,” said Sorrentino.

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.

SOURCE Syndication Inc.