Silynxcom Receives Order from High-Level Security Agency for its Flagship In-Ear Headsets

September 09, 2024 at 09:08 AM EDT

The order, totaling over $270,000, is a repeat order from this elite unit

Netanya, Israel, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Silynxcom Ltd. (NYSE American: SYNX) (“Silynxcom” or the “Company”), a manufacturer and developer of ruggedized tactical communication headset devices, announced that it has received a follow-on order from a high-level security agency, valued at over $270,000. This significant order indicates the growing trust and demand for Silynxcom’s advanced communication solutions within the global defense sector.

The order includes Silynxcom’s flagship In-Ear headsets, which are designed to protect users against both impulse and steady-state noises, while also enabling users to hear ambient sounds through the Company’s proprietary “hear-thru” technology. This innovative feature allows users to maintain 360-degree sound localization and situational awareness, which is crucial for operations in complex and dynamic environments.

Nir Klein, Chief Executive Officer of Silynxcom, commented, “We are honored to have received another order from this high-level security agency to address its tactical communication needs. We believe this order validates the superior quality and performance capability of our In-Ear headsets and highlights the critical importance of situational awareness in special operations. Our technology is designed to enhance operational effectiveness while providing the highest level of hearing protection and we are proud to support those who serve on the front lines.”

Silynxcom’s in-ear headsets are widely recognized for their ability to seamlessly integrate with various professional-grade ruggedized radios used by military and other special forces around the world. The Company’s commitment to innovation and quality has made it a trusted partner for military and law enforcement agencies seeking reliable communication solutions that enhance safety and effectiveness in the field.

About Silynxcom Ltd.

Silynxcom Ltd. develops, manufactures, markets, and sells ruggedized tactical communication headset devices as well as other communication accessories, all of which have been field-tested and combat-proven. The Company’s in-ear headset devices, or In-Ear Headsets, are used in combat, the battlefield, riot control, demonstrations, weapons training courses, and on the factory floor. The In-Ear Headsets seamlessly integrate with third party manufacturers of professional-grade ruggedized radios that are used by soldiers in combat or by police officers in leading military and law enforcements units. The Company’s In-Ear Headsets also fit tightly into the protective gear to enable users to speak and hear clearly and precisely while they are protected from the hazardous sounds of combat, riots or dangerous situations. The sleek, lightweight, In-Ear Headsets include active sound protection to eliminate unsafe sounds, while maintaining ambient environmental awareness, giving their customers 360° situational awareness. The Company works closely with its customers and seek to improve the functionality and quality of the Company’s products based on actual feedback from soldiers and police officers “in the field.” The Company sells its In-Ear Headsets and communication accessories directly to military forces, police and other law enforcement units. The Company also deals with specialized networks of local distributors in each locale in which it operates and has developed key strategic partnerships with radio equipment manufacturers.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws and are subject to substantial risks and uncertainties. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” "will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. For example, the Company uses forward-looking statements when it discusses the belief that this order indicates the growing trust and demand for Silynxcom’s advanced communication solutions within the global defense sector and the belief that this order validates the superior quality and performance of the In-Ear headsets. Forward-looking statements are based on Silynxcom’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the Company’s Annual Report on Form 20-F for the year ended December 31, 2023 filed with the U.S. Securities and Exchange Commission (the “SEC”) on April 30, 2024, and other documents filed with or furnished to the SEC which are available on the SEC’s website, www.sec.gov. The Company cautions you not to place undue reliance on any forward-looking statements, which speak only as of the date they are made. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

INVESTOR RELATIONS CONTACTS:

Michal Efraty
IR Manager
ir@silynxcom.com