eSynch Announces Completion of Audit and Update of SEC Filings

These filings bring eSynch current with all required SEC filings.

IRVINE, CA (PRWEB) August 31, 2003 -- eSynch Corporation (OTC Pink Sheets), reported today the completion of the Companys audit conducted by the certified public accounting firm of Hansen, Barnett & Maxwell of Salt Lake City, Utah.

On August 22, 2003 eSynch filed with the Securities and Exchange Commission (the "SEC") its Form 10-KSB containing the audited consolidated financial statements for the year ended December 31, 2002.

Today eSynch filed an amended Form 10-QSB/A containing its consolidated financial statements for the third quarter of 2002 ended Sept 30, 2002, and Forms 10-QSB for the first two quarters of 2003. These filings bring eSynch current with all required SEC filings. With the completion of the audit and filings, eSynch will file under SEC Rule 15c2-11 to resume quotations in the OTC Bulletin Board® Service immediately.

Tom Hemingway, Chairman and CEO of eSynch stated, "We are to pleased to announce that the circumstances causing the filing delays have been addressed, and we have all worked hard to assure that shareholders equity will continue to grow. Additionally, with the rigorous standards recently imposed, management and audit firms are working twice as hard to ensure accuracy and completeness, and our independent auditors have performed admirably on our behalf."

About eSynch
eSynch Corporation (http://www.esynch.com), founded in 1994, is a holding company for software development companies who design solutions for a myriad of business applications.

Safe Harbor
Statements herein express management's beliefs and expectations regarding future performance and are forward-looking and involve risks and uncertainties, including, but not limited to, the ability to negotiate outstanding prior debts of acquired companies; properly identify acquisition partners; adequately perform due diligence; manage and integrate acquired businesses; react to quarterly fluctuations in results; raise working capital and secure other financing; respond to competition and rapidly changing technology; deal with market and stock price fluctuations; and other risks. These are and will be detailed, from time to time, in eSynch's Securities and Exchange Commission filings, including Forms 10-KSB, 10-QSB and 8-K. Actual results may differ materially from management's expectations.

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