NIAGARA FALLS, NY, February 23, 2004 - After having seen his band dropped from major record label ATLANTIC
RECORDS in October 2003, PHIL WALCK, lead singer of local heart-throb rock band LABEL CRISIS decided to form his own record
label and production company, named SINERGY STUDIOS (NYSE: SINE). The company, headed by Walck, will produce and release
all future Label Crisis records, as well as sign new bands to deals pending auditions. "Sinergy was formed in order to give
bands that started out like us a chance and not to have to be conformists to what the major labels, like Atlantic wanted out
of us" Walck said in a press conference Monday, "I'd like to think of Sinergy as a punch in the face to everyone that said
that I couldn't do what I want in this world. I'm Phil Walck. I can do whatever the hell I want to now".
The first release from Sinergy Studios is slotted to be Label Crisis' newest release, tentatively titled
"Side Projects 'R Us". The album is currently scheduled for a July 2004 release.