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Gold/Mining/Energy : Synex International Inc. (SXI.T)
SXI 228.94-2.4%3:59 PM EST

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To: Dick Martin who wrote (23)2/3/1999 2:22:00 PM
From: Dick Martin  Read Replies (1) of 42
 
Trilon securities has been retained to reposition the assets of SXI? Does this mean that there is going to be assets spun off as separate operating companies? For sure the company is undervalued with its successful management and profitable operations and growth of revenue. Anybody have any comments? -- Dick Martin


VANCOUVER, Feb. 3 /CNW/ - SYNEX INTERNATIONAL INC.
TSE: SXI

The Board of Directors of Synex International Inc and the major
shareholder, Greyvest Capital Inc., believe that the market is significantly
undervaluing the Company. As a result, Trilon Securities Corporation has been
retained, to assist the Company with the repositioning of its assets in order
to realize the underlying shareholder value.
Synex International has three wholly owned subsidiary companies covering:
the development and marketing of business intelligence and accounting related
software; the development and operation of electrical power facilities; and
engineering consultant services for the control and use of water, including
hydroelectric facilities.

(signed)
---------------------------
Alan W. Stephens, President
%SEDAR: 00002435E

-30-

For further information: Alan W. Stephens (604) 688-8271, fax (604)
688-1286, E-mail astephens@synex.com, www.synex.com
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