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| News : |
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| November 25, 2002 |
Zynetz is now the exclusive distributor for MontageDC's DC-1 Digital Converter for the photo lab sector. With the digital converter, a photo lab can process digital photos at a tiny fraction of the cost of a full digital photo machine. At less than $15K compared to the $250K price of a digital photo machine, photo lab owners can now stay in business without investing almost a quarter million dollars. Select clients will be allowed to purchase these machines to control saturation of the digital photo-finishing sector. This also will have positive effects on Zynetz's position as we enter first round financing early next year.www.montagedc.com |
| November 19, 2002 |
ProPhotoWare, a complete online photo order system for professional photographers and studios, has been released. The addition of this new services will increase revenues dramatically bringing positive cash flow stage to within the next two quarters. More information about ProPhotoWare can be found at www.prophotoware.com |
| November 9, 2002 |
Zynetz partners with Sonic-Cow, a design company, for client website and service fulfillment. Through this new partnership, Zynetz cut costs and increased efficiency in client fulfillment. Sonic-Cow |
| November 4, 2002 |
After a series of meetings and negotiations with several VC firms, Zynetz Inc. decides to postpone first round financing to next quarter. With several capital groups very interested, Zynetz Inc. now seeks an equity investor for better positioning for the upcomming finance round. Zynetz is also talking with more VC firms and potential investors to broaden our options. For investor information email david@zynetz.com |
| October 21, 2002 |
Zynets, Inc. begins its first round of financing. Zynets, Inc. is on its way to negotiate contracts with main financing venture capitalists in addition to investors for bridge loans or small equity investments. For investor information email david@zynetz.com |
| October 1, 2002 |
Zynetz, Inc. releases Zyphoto Server Software and Lab Manager client software for individual photo labs. |
| September 30, 2002 |
Photo Marketing Association International recognizes Zynetz, Inc. for having attained ethical and general business standards. |
| May 10, 2002 |
Zynetz, Inc. and MomentPrints
LLC (www.momentprints.com)
currently in negotiations for possible acquisition.
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| May 1, 2002 |
Zynetz, Inc. is established. |
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