BEVERLY HILLS, Calif., Sept. 23, 2004 (PRIMEZONE) -- Xynergy Corp. (Pink Sheets:XYNY) is pleased to announce that Indigo Technology Services further expands its IT consulting business, with the addition of a new consultant in the field. With this placement, along with the growth in other areas of the company, Indigo is now expected to far exceed third quarter sales projections of 114%.
Indigo has taken advantage of the company's experience and reputation in the IT consulting field to become a resource provider. This means that Indigo has developed a strong enough track record to be a full service information technology provider, not just a task specific IT provider. Because of this, as the current and new client base of Indigo expands and grows, revenues will automatically rise with the demand created by this client base of Indigo.
Indigo generated approximately $29,000 in sales in the 2nd quarter this year. In just July and August, Indigo generated more than $32,000 in sales and it was expected that the company would generate about $30,000 in sales just in September alone. However, it is now a forgone conclusion that Indigo will exceed the September sales estimate, and possibly by as much as 50%. The new sales forecast will mean that sales in the 3rd quarter should now exceed $75,000 compared to the $29,000 in the 2nd quarter of 2004.
Xynergy Corporation (www.xynergycorp.com) is a holding company for Raquel of Beverly Hills cosmetics, Think Blots(c) greeting cards, and Indigo Technology Services, Inc. For more information, call or write Xynergy Corporation, 269 So. Beverly Drive, Suite 938, Beverly Hills, Ca. 90212, 310-274-0086 (info@xynergycorp.com). For investor relations, call Ed Pickens at 858-459-3552.
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