Synthesis Energy Systems, Inc. Retains Investor Relations Firm MBS Value Partners, LLC
HOUSTON, Aug. 31 /PRNewswire/ -- Synthesis Energy Systems, Inc. (Nasdaq: SYMX), an alternative technology company that provides advanced technology products and solutions to the energy and chemical industries, announced today that it has retained the services of MBS Value Partners, LLC, as its Investor Relations firm.
MBS Value Partners http://www.mbsvalue.com, with headquarters in New York City and an office in San Francisco, is a capital markets strategic advisory firm specializing in maximizing shareholder value through effective communications. MBS Value brings a unique combination of advisory and execution capabilities through customized investor, financial and corporate communications programs, supported by extensive research resources and a network of financial community and media relationships.
Betsy Brod, a partner with MBS Value, stated, "We are very pleased to have this opportunity to work with the team at Synthesis Energy Systems to extend and expand their communications outreach to the investment community. Through our extensive experience in the energy and clean tech sectors, we believe the Company's U-GAS® coal gasification technology platform offers a unique solution to the growing demand for clean, affordable and reliable energy systems, particularly in emerging markets such as China, India and other countries where large-scale infrastructure is limited or non-existent, and where the need for state-of-the-art distributed systems is therefore most significant."
"We selected MBS Value Partners to assist us with our investor communications as we further address the growing global interest in our ability to convert low-quality coal and biomass feedstocks into high-value products in the fuels, gas, fertilizer and power segments," stated Robert Rigdon, President and CEO of Synthesis Energy Systems. "MBS Value brings expertise in shareholder communications, experience in clean energy, and strong relationships with the investment community and we look forward to working with the MBS Value team to establish new communications channels with the investment community," added Rigdon.
About Synthesis Energy Systems, Inc.
Synthesis Energy Systems provides advanced technology products, including its U-GAS® fluidized bed gasification technology and related services and equipment, to enable the clean conversion of low cost coal and biomass feedstocks into high value energy and chemical products, such as transportation fuel and ammonia. U-GAS® technology, which SES licenses from the Gas Technology Institute, gasifies coal cost effectively, without many of the harmful emissions normally associated with coal combustion plants. The primary advantages of U-GAS® relative to other gasification technologies are (a) greater fuel flexibility provided by our ability to use all ranks of coal (including low rank, high ash and high moisture coals, which are significantly cheaper than higher grade coals), many coal waste products and biomass feed stocks; and (b) our ability to operate efficiently on a smaller scale, which enables the construction of plants more quickly, at a lower capital cost, and, in many cases, in closer proximity to coal sources. The Company currently has offices in Houston, Texas, and Shanghai, China. For more information on SES, visit www.synthesisenergy.com or call (713) 579-0600.
Forward Looking Statements
This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Among those risks, trends and uncertainties are the Company's early stage of development, its estimate of the sufficiency of existing capital sources, its ability to successfully develop its licensing business, its ability to raise additional capital to fund cash requirements for future operations, its ability to reduce operating costs, the limited history and viability of its technology, the effect of the current international financial crisis on its business, commodity prices and the availability and terms of financing opportunities, its results of operations in foreign countries and its ability to diversify, its ability to maintain production from its first plant in the Hai Hua joint venture project, its ability to complete the expansion of the Hai Hua project, approvals and permits for its Yima project and other future projects, the estimated timetables for achieving mechanical completion and commencing commercial operations for the Yima project, and the sufficiency of internal controls and procedures. Although the Company believes that in making such forward-looking statements its expectations are based upon reasonable assumptions, such statements may be influenced by factors that could cause actual outcomes and results to be materially different from those projected. The Company cannot assure you that the assumptions upon which these statements are based will prove to have been correct.
SOURCE Synthesis Energy Systems, Inc.
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