Thursday, January 29, 2009

Synthesis Energy Systems to Report Second Quarter 2009 Financial Results on Thursday, February 5, 2009

Conference Call and Webcast Scheduled For 4:30 p.m. ET on February 5, 2009

HOUSTON, Jan. 29 /PRNewswire-FirstCall/ -- Synthesis Energy Systems, Inc. ("SES" or the "Company") (Nasdaq: SYMX), a global industrial gasification company, today announced that it will release financial results for the quarter ended December 31, 2008 after the market closes on Thursday, February 5, 2009. Senior management will hold a conference call to review the Company's financial results for this period and provide an update on corporate developments at 4:30 p.m. Eastern Time on February 5, 2009.

To access the live webcast, please log on to the Company's website at www.synthesisenergy.com. Alternatively, callers may participate in the conference call by dialing (612) 332-0335. An archived version of the webcast will be available on the website through March 5, 2009. A telephone replay of the conference call will be available approximately two hours after the completion of the call through Thursday, February 12, 2009. Callers can access the replay by dialing (320) 365-3844; the PIN access number is 984650.

About Synthesis Energy Systems, Inc.

SES is an energy and technology company that builds, owns and operates coal gasification plants that utilize its proprietary U-GAS(R) fluidized bed gasification technology to convert low rank coal and coal wastes into higher value energy products, such as transportation fuel and ammonia. The U-GAS(R) technology, which SES licenses from the Gas Technology Institute, gasifies coal without many of the harmful emissions normally associated with coal combustion plants. The primary advantages of U-GAS(R) relative to other gasification technologies are (a) greater fuel flexibility provided by our ability to use all ranks of coal (including low rank, high ash and high moisture coals, which are significantly cheaper than higher grade coals), many coal waste products and biomass feed stocks; and (b) our ability to operate efficiently on a smaller scale, which enables us to construct plants more quickly, at a lower capital cost, and, in many cases, in closer proximity to coal sources. SES currently has offices in Houston, Texas and Shanghai, China. For more information on SES, visit www.synthesisenergy.com or call (713) 579-0600.