NEWS OUT TODAY! LAS VEGAS, NEVADA, Jan 11, 2010 (MARKETWIRE via COMTEX) -- Sync2 Networks Corp. (OTCBB: SYNW) is implementing its restructuring program, application roll out.
Sync2 Networks, Rolls Out Application in over 20 countries, this is being done through the Ampsc Group's global network of worldwide agents. Advertising, gaming and mobile cell apps will also be developed and distributed through our exclusive international agents. Applications are also been created in each official language that relates to the regions that our agents operate, market and live in, such as India, South East Asia, South America and the Caribbean.

One of the company's key restructuring programs will be implemented and leveraged through the new Acquisition of the AMPSC Group lead by Sync2 networks new president Mr. Ron Houle.

We are working on a transition team throughout the AMSPC network in over 20 countries. This team will transition from the AMPSC group to the new executive team that will become the new Sync2 global network. This direction represents a corporate focus on the third world application market and compliments the North American development for a truly international focus on the global application market place.

Our JV partners in India will be the first to complement our North American team to provide a global application development roll out for our advertising, gaming and mobile cell apps, first in English then Hindu. This will be followed in Spanish for South America, which will be followed by a complete agent network roll out, said Mr. Houle.

A new report by San Francisco-based analyst and consulting firm Pearl Research has forecasted the online games market in India will exceed $200 million in 2010, as part of a new "Online Games Market in India" report. The number of Internet users should exceed 150 million by 2010, making India the second-largest Internet market in Asia after China.

Indian advertising with predictions that the online segment is likely to cross the 100 million dollar mark by 2010, according to a study by MSN. India's advertising industry generates about 2.2 billion dollars annually, according to industry sources. The market is expected to witness a 27% p.a. growth from 2009-2013.

Last year, China's online gaming industry turned over 27.5 billion yuan (about 4.03 billion U.S. dollars) in 2009, according to Ma Huateng, president and CEO of China's leading Internet service provider Tencent Holdings Limited.

The global in-game advertising market, which generated $77.7 million globally in 2006, continues to develop at an exponential rate and will, by 2011, grow to $971.3 million in worldwide in-game advertising expenditures (fixed product placement/static ads and dynamic ads), according to a recent Yankee Group report.
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Sync2 Completes Acquisition of AMPSC and Appoints Ron Houle President and Managing Director
Press Release
Source: Sync2 Networks Corp.
On 6:52 pm EST, Friday December 11, 2009
LAS VEGAS, NEVADA--(Marketwire - 12/11/09) - Sync2 Network's (OTC.BB:SYNW - News) John Moore, President and CEO announced today that the Acquisition of AMPSC has been completed and will take effect as of the 15th of December 2009. "This acquisition represents a tremendous leap forward in our re-organization and brings an enormous wealth of experience, existing revenue lines and expertise," says John Moore.

Additionally, Ron Houle founder and President of AMPSC will transition to the Executive management of SYNC2. "Ron brings a history of successful development and as of the 15th will transition to take on the operating roles of President and Managing Director," says Moore. John Moore, the current President, will take on the role of CEO and Chairman of the Board.

The acquisition allows SYNC 2 to capture AMPSC's current business framework. This includes an ability to Joint Venture with an international marketing network that can resell and leverage existing clients in over 26 countries. Regions like India, South East Asia and Latin America are now open opportunities for SYNC2, where AMPSC has already established a credible presence.

"Our business growth will begin to move our expanded capacity and expertise into several of these developing and third world markets where IT initiatives are only beginning to emerge. The short term focus will be on our existing marketing efforts through our Joint Ventures and/or partnership agreements that we bring to SYNC2, with India, Africa, China and the Caribbean territories including and into South East Asia - Australia," comments Mr. Houle.

The company's next stage of development is a restructure of the entire executive team and its operating divisions. "The company has spent significant resources to establish a new direction and in the next few weeks we are going to implement that plan and place key people to move the core compentencies of the company forward."