Xynergy Corporation (OTC:XYNG.PK) announced today that it has acquired the intellectual property, marketing and patent rights for a revolutionary prototype air conditioning system.
The system eliminates the need for specialty technical service, doesn’t require gas for operation, reduces energy consumption by 30%, and takes up less physical space. The signing of the deal took place yesterday afternoon, and grants Xynergy 100% of all rights. The negotiations have been going on for the past several months, and gave the inventor a significant equity stake in the company, but the terms of the deal have not been disclosed. The Company expects to have several working prototypes for several consumer applications in the coming months and will announce dates for public demonstration.
“This development will go down in history as our flagship moment,” said Chief Operating Officer Kevin Brinkworth. “This technology is perhaps the most advanced, ecologically and economically efficient ever invented for this purpose and has the potential to impact every phase of our lives. This should send a message to big business that true entrepreneurialism exists in the small business sector and they had better wake up. This is a great day for the planet.”
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