December 30, 2009 (FinancialWire) (Investrend Research Syndicate) — Investrend Equity Research recently issued a 7-page “Discovery” Research Report on CelLynx Group, Inc. (OTCBB: CYNX), written by independent analyst Gary Vassalotti, LIFA, focusing on the company’s “5BARz” cell phone signal amplification device, as well as the production, product placement and distribution of the device. The report is also based on analyst Vassalotti’s personal experience using the 5BARz device.

The full report includes important disclosures, disclaimers and analyst information. Investrend advises that investors should exercise a reasonable degree of due diligence before trading in the equities of any public company, including carefully reading entire analyst reports and report disclosures, and then only in conjunction with advice from a registered financial advisor or broker.  Investrend further advises that any analyst rating, recommendation, target valuation, price target or opinion should be considered merely a portion of an investor’s total investigative process. (More about ratings and valuations is available at http://www.investrend.com/ratings).

A complementary report, which includes complete disclosures, disclaimers and analyst qualifications, is available for download via the Investrend Syndications website (http://www.investrend.com/research/cynx).

According to analyst Vassalotti’s report:

“The company has completed its pilot production run, and the units have been qualified.  Commercial production has already started.  With these two milestones passed, CYNX is now eligible to receive the first of a series of License fees paid by Dollardex, Inc.

“CYNX has signed a contract  manufacturing  agreements with a leading Asian firm, Pacific Spectrum Technologies Solutions, who will build the 5BARz boosters.  That agreement will provides CYNX with up to 30,000 units per month.

“CYNX has signed an international distribution agreement with Dollardex, Inc., a Panamanian company, to distribute the Company’s products outside of the US.  That agreement, along with in-place private placement agreements, provides for adequate financing of the company during the revenue slow startup period.

“The RepeaterStore.com, a leading e-commerce retailer in the wireless booster market, has agreed to an initial purchase of 10,000 units of the company’s 5BARz mobile unit.  RepeaterStore.com will also develop a dedicated e-commerce site just for the CelLynx product, titled ‘CelLynxStore.com’.

“Initial production of the ‘Road Warrior’ unit has commenced and the contract manufacturer is beginning to fill the (previously mentioned) 10,000-unit initial order.”

CelLynx Group, Inc. produces and markets plug-and-play cell phone signal amplification technology. It offers CelLynx 5BARz Road Warrior, a single piece device that strengthens weak cellular signals to deliver higher quality signals for voice, data, and video reception on cell phones being used indoors or in vehicles. The company was founded in 2005 and is headquartered in Mission Viejo, California.

Investrend Communications, Inc. is the original, pioneering issuer-paid equity research firm, providing integrated research and global financial communications platforms for the benefit of shareholders and the Market at-large since 1996.  Investrend is privately-held, and is headquartered in Austin, Texas, with offices in New York City.

Investrend’s Discovery Research platform is designed to provide an analysis of the industry and industry niche that a company is operating in, as well as an analysis of the company’s business model, including products, services, pricing, cost structure, competitive advantages and disadvantages, as well as potential risks and rewards inherent to holding a position in the company.  Importantly, Investrend’s Discovery Research model also focuses on identifying any existing “catalyst” that could lead to broader understanding and/or recognition of the company’s investment story on Wall Street.

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