July 28, 2008


CelLynx Completes Reverse Merger into Norpac Technologies; Company Completes $2 Million Equity Financing

El Dorado Hills, California – CelLynx, Inc., a developer of breakthrough, plug-and-play cell phone signal-amplification technology, today announced that CelLynx and Norpac Technologies, Inc. (OTCBB: NRPT) www.cellynx.com  have completed a reverse merger.

Accordingly, CelLynx is the Company’s sole business and CelLynx shareholders own approximately 61.8 percent of the equity in the newly merged company. Norpac will file for a name change to “CelLynx Group, Inc.”, and for a stock ticker symbol change, to become effective early next month.

Concurrent with the transaction, all prior Norpac officers have resigned and have been replaced by the officers of CelLynx including Founders Daniel Ash, Chief Executive Officer, and Tareq Risheq, CelLynx Chief Strategy Officer. The Company has also appointed Mr. Ash a member of the Board of Directors. Norpac’s John Thornton will remain the Company’s other Director until it appoints an expanded Board of Directors, expected within 30 days and upon which Mr. Thornton will resign his Board seat.

In connection with this transaction, the Company has successfully completed a series of equity financings, announced early this year, raising net proceeds of $2 million from a group of accredited and institutional investors.

Under the terms of the merger transaction, Norpac issued approximately 1.25 shares of common or preferred stock (convertible into common at a 1:1 ratio) in exchange for each share of CelLynx common stock.   

For more complete information regarding this transaction please refer to the form 8k filing with the SEC which will be filed within two days from today’s date.   

About CelLynx, Inc.
El Dorado Hills, California, CelLynx develops and manufactures breakthrough, plug-and-play cell phone signal amplification technology.

CelLynx has developed a product designed to boost cellular signal strength inside a home, office or vehicle simply by plugging in a single-piece “enhancer” unit next to a window. Unlike competing technologies, CelLynx’s patent pending 5BARz™ technology does not require any installation, outside antennas or cables.  It capitalizes on widespread customer dissatisfaction with indoor and vehicular cell phone coverage, and on the phenomenal worldwide growth of voice, data and video applications on cellular networks.

CelLynx technology is covered by worldwide patent applications, and is currently in pre-production prototype stage.  CelLynx believes its technology represents a breakthrough in cellular signal amplification as the only technology designed to offer superior performance in an off the shelf plug-and-play unit – one designed to be open platform, from GSM to CDMA, and mass produced and marketed worldwide at competitive prices. CelLynx is led by an exceptional team of accomplished, veteran industry professionals. Early CelLynx investors include Irvine, CA-based Palomar Ventures. For further information, visit www.cellynx.com.

Forward Looking Statement
This news release includes forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The Company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ include without limitation: whether the Company's technology will reach commercialization, the Company’s limited operational history; requirement for and ability to raise capital; market acceptance of the Company's products; dependence on suppliers, third party manufacturers and other key vendors or partners; dependence on key personnel; continued enforceability of patent and trademark rights; and competition.

Many of these risk factors are set forth in the Company’s periodic filings with the U.S. Securities and Exchange Commission. Readers are cautioned not to place undue reliance upon these forward-looking statements that speak only as of the date of this press release. The Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events.

Company Contact:
Daniel Ash, CEO
Tel: (916) 941-1403
Email: da@cellynx.com

 

 
 
 
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