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Xynergy Holdings, Inc. Looking for an Independent Facility to Test Fuel Economy (MPG)


February 22, 2011 - MIAMI, FL

Xynergy Holdings, Inc. (the "Company") (PINKSHEETS: XYNH) announces that it has painstakingly been looking for the right facility that has the capabilities to test the "Second Generation Goliath Fuel Cell." So far we have contacted the EPA's National Vehicle and Fuel Emissions Laboratory as well as many other testing facilities nationwide. It is important to note that many of these facilities that have sophisticated reliable equipment and dynamometer testing are not capable of completing the Mile per Gallon (MPG) test for the Diesel powered engine with an on demand hydrogen fuel cell. Such is the case for the last testing facility where they were only capable of providing the emissions report. JC Ley comments, "The test must be conducted to the appropriate standards and the results be objectively provided by utilizing the proper equipment. It's not like everyone that has a Dyno has the level of sophistication or equipment that is needed to correctly test our unit/vehicle for MPG. We have been working as diligently as possible to find the suitable testing facility and there is no doubt that we will find the right place, in time, that fits our needs. As soon as one is identified and we are able to schedule a test with that facility, we will communicate to our shareholders."

About Xynergy Holdings, Inc.

Xynergy Holdings, Inc. is committed to meeting the world's growing energy needs while also promoting environmentally conscious business practices, sustainability and commerce. Xynergy Holdings, Inc. is focused on promoting global commerce within the realm of a global economy.

Safe Harbor

This press release includes statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Reform Act"). Xynergy Holdings, Inc. claims the protection of the safe-harbor for forward-looking statements contained in the Reform Act. These forward-looking statements are often characterized by the terms "may," "believes," "projects," "expects," or "anticipates," and do not reflect historical facts. Specific forward-looking statements contained in this press release include, but are not limited to: our successful integration of diversified growth companies, impact of the company's expansion plan, and new business development success, future financial results, development and acquisition of new product lines and services, the impact of competitive products or pricing from technological changes, the effect of economic conditions and other uncertainties. The forward-looking statements contained herein involve risks and uncertainties that could cause actual results to differ materially from the expectations contained in any such, forward-looking statements. These risks include, but are not limited to: failure to manage operating expenses or integrate new companies and/or technologies, each of which could have a material impact on our business, our financial results, and the company's stock price. These risks and other factors are detailed in the Company's filings with the U.S. Securities and Exchange Commission and the Pink Sheets. Most of these factors are difficult to predict accurately and are generally beyond the Company's control. Forward-looking statements speak only as to the date they are made and Xynergy Holdings, Inc. does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.

Contact:
Xynergy Holdings, Inc.
305-819-0452

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