eSynch Corp. To Acquire HyperDisk Media Inc.

eSynch Corp. (OTC BB: ESYN) announced it has signed a ""Letter of Intent"" for the acquisition of HyperDisk Media Inc. (HDM), an Irvine, California-based developer of global digital communications solutions. HDM was formed in March 1995 to leverage its expertise in digital technologies through the development of Internet-based solutions for broadband. Over the last four years, HDM has innovated a wide range of technologies for e-commerce and digital communications and has accumulated an impressive list of clientele, including Sony, Toshiba, Bergen Brunswig and a growing number of Fortune 1000 companies. In 1997, the company moved into the design and development arena for multimedia display systems, and in 1998 introduced an entire suite of new Web-based technologies for the e-commerce and streaming media sectors. HDM has more than five years of research and development experience in the compression and streaming of video through the Internet and has produced systems and techniques that generate streaming video at the highest standards in the industry. HDM has also pioneered interactive e-mail and e-mail registration systems (ERSs); online data-basing and e-response services; business-to-business Internet videoconferencing; streaming video; dynamic virtual reality (DVR); and immersive, three-dimensional Web site development. HDM recently signed a contract with Logic Nutrition Corp. and is in the process of negotiating various agreements with Morgan Stanley Dean Witter, McDonalds, American Isuzu Corp. and Broadcom. Upon completion of the pending acquisition, Nick Singer, President and Founder of HDM, is expected to be appointed as eSynch's chief technical officer. Singer has a 27-year history of business success. With more than 25 technical innovations to his credit, he is a well-recognized leader in the field of applied technology. As President of HDM, Singer's leadership has been the driving force behind most of the company's technological development. Tom Hemingway, Chief Executive Officer of eSynch, said, ""This acquisition expands our leadership position for delivering high-quality, full-screen, full-motion video-on-demand over the Internet."" Hemingway added, ""This accelerates eSynch's distribution into the $4.2 billion broadcast video market."" About eSyncheSynch, founded in 1994, is a developer of propriety software technology for Electronic Software Distribution (ESD). eSynch is a pioneer in this area and uses advanced technology to enable digital content to be downloaded quickly and securely over the Internet. eSynch utilizes its highly developed ESD system as a powerful software delivery resource for super VARs, resellers and channel distributors. For more information, visit the eSynch Web site at www.esynch.com. For more information on HyperDisk Media, visit their Web site at www.hyperdisk.com.