Synthesis Energy Systems Announces Operational Launch of ZCM-SES Sino-U.S. Clean Energy Technologies Limited

Synthesis Energy Systems Announces Operational Launch of ZCM-SES Sino-U.S.
Clean Energy Technologies Limited

China Clean Coal Gasification Joint Venture Receives Funding and Chinese
Government Approval

HOUSTON, April 9, 2014 (GLOBE NEWSWIRE) -- Synthesis Energy Systems, Inc.
(SES) (Nasdaq:SYMX) today announced that ZCM-SES Sino-U.S. Clean Energy
Technologies Limited (ZCM-SES), its new joint venture with Zhangjiagang
Chemical Machinery Co., Ltd. (ZCM) (Shenzhen listing code:002564), has
officially launched the China clean coal gasification joint venture.

The announcement follows final Chinese Government approval to operate ZCM-SES
throughout China. The joint venture's target markets also include Indonesia,
Malaysia, Mongolia, the Philippines, and Vietnam. Additionally, the joint
venture received initial funding by ZCM of RMB 53.8 million (approximately
US$8.7 million), which represents the required first installment of ZCM's
total contribution of RMB 100 million (approximately US$16.5 million).

ZCM-SES has named Mr. Fred Ma as General Manager. Mr. Ma brings 30 years of
industry experience in China to ZCM-SES, including managing the development
and design of numerous coal chemical projects. His most recent positions,
prior to joining ZCM-SES, were serving as Vice General Manager of Innovative
Coal Chemical Design Institute (Shanghai) Co., Ltd., and the Vice President of
ECO Environmental Investment Corporation (member of Hong Kong and China Gas
Company Limited).

"ZCM-SES is hitting the ground running. We are already aggressively pursuing
our first projects in which to supply the SES Gasification Technology. We look
forward to bringing clean coal gasification to China and to helping the region
advance its development plans," said Robert Rigdon, SES President and CEO. "We
are also in the process of making the smooth transition of the required
technical and business employees from the SES Shanghai office into the joint
venture."

The representative parties appointed to the ZCM-SES Board were Chairman
Lorenzo Lamadrid and President and CEO Robert Rigdon for SES, and Chairman
Chen Yuzhong, Mr. Liao Bing and Mr. Chen Jun for ZCM.

ZCM holds a 65% ownership interest in ZCM-SES and exclusive manufacturing
rights for all ZCM-SES customer projects, in exchange for funding working
capital needs. SES is contributing exclusive usage of its premiere SES
Gasification Technology in China and the joint venture's additional markets
for a 35% interest in ZCM-SES. The joint venture has received a 20-year
business license from the State Administration for Industry & Commerce of the
People's Republic of China (SAIC) in Zhangjiagang. ZCM-SES is currently
operating in the existing SES offices at 516 Pine City Center, 777 Zhaojiabang
Road, Shanghai, China 200032.

About Synthesis Energy Systems, Inc.

Synthesis Energy Systems (SES) is a Houston-based technology company focused
on bringing clean high-value energy to developing countries from low-cost and
low-grade coal, biomass and wastes through its proprietary gasification
technology based upon U-Gas^®, licensed from the Gas Technology Institute. The
SES Gasification Technology enables greater fuel flexibility for both
large-scale and efficient small- to medium-scale operations close to fuel
sources. Fuel sources include low-rank, low-cost high ash, high moisture
coals, which are significantly cheaper than higher grade coals, many coal
waste products, and biomass feedstocks. For more information, please visit:
www.synthesisenergy.com

About Zhangjiagang Chemical Machinery Co., Ltd.

Zhangjiagang Chemical Machinery Co., Ltd. is the leading manufacturer of
pressure vessels in China and a leading equipment supplier to the coal and
chemical sectors. It has served China's petro-chemical, coal-chemical,
refinery, metallurgy, green energy, nuclear and offshore industries for more
than four decades. ZCM has more than 3,000 employees across its four
manufacturing plants: Linjiang and Chengyang Plants located in Zhangjiagang,
Jiangsu Province; Urumchi and Ili Plants located in the Sinkiang Autonomous
Area. It also owns and operates port facilities on the Yangtze River, 100km
west of Shanghai. ZCM has received certifications from the H.S.E (Health,
Safety, & Environment) and ASME (American Society of Mechanical Engineers).
Their clients include Shell, GEA, CB&I, Lurgi, Halder Topsoe, KBR, BP,
Mitsubishi, SINOPEC, CNPC, and CNOOC. ZCM is a publicly listed company, listed
on the Shenzhen Exchange since 2011 (Shenzhen listing code:002564). For more
information, please visit: www.zcmchina.com

SES Forward-Looking Statements

This press release includes "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. All statements other than
statements of historical fact are forward-looking statements. Forward-looking
statements are subject to certain risks, trends and uncertainties that could
cause actual results to differ materially from those projected. Among those
risks, trends and uncertainties are the development stage of SES operating
assets; the ability of our ZZ joint venture to effectively operate XE's
methanol plant and produce methanol; the ability of our project with Yima to
produce earnings and pay dividends; our ability to develop and expand business
of the ZCM joint venture in the joint venture territory; our ability to
develop the SES power business unit and marketing arrangement with GE and its
other business verticals, steel and renewables; our ability to successfully
develop the SES licensing business; to reduce operating costs; our limited
history, and viability of our technology; commodity prices, and the
availability and terms of financing; our ability to obtain the necessary
approvals and permits for future projects; our ability to raise additional
capital, if any, and our ability to estimate the sufficiency of existing
capital resources; the sufficiency of internal controls and procedures; and
our results of operations in countries outside of the U.S., where we are
continuing to pursue and develop projects. Although SES believes that in
making such forward-looking statements our expectations are based upon
reasonable assumptions, such statements may be influenced by factors that
could cause actual outcomes and results to be materially different from those
projected by us. SES cannot assure you that the assumptions upon which these
statements are based will prove to have been correct.

Contact:

MDC Group
Investor Relations:
David Castaneda
Arsen Mugurdumov
414.351.9758
IR@synthesisenergy.com

Media Relations:
Susan Roush
747.222.7012
PR@synthesisenergy.com

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