Synergy Brands (NASDAQ:SYBR) received a NASDAQ Staff Deficiency Letter on January 31, 2007 indicating that the Company fails to comply with the minimum bid price requirement. For 30 consecutive business days the bid price of the Company's common stock has closed below the minimum $1.00 per share requirement for continued inclusion of such securities for listing to trade on the NASDAQ Stock Market under Marketplace Rule 4310 (c)(4).

The Company has been provided until July 30, 2007 to regain compliance; otherwise it will subject itself to a potential delisting. Compliance shall be evidenced if and by, at anytime before July 30, 2007, the bid price of the Company's common stock closes at $1.00 per share or more for a minimum of 10 consecutive business days. The Company values its NASDAQ listing and will make its best efforts to comply and retain its listing.

Synergy Brands believes that compliance will generate from the status of the marketplace going forward with continued recognition of the attributes of the Company. The Company anticipates this may happen following, if not sooner, the filing and publication of financial and operations results to be disclosed in the Company's annual report on Form 10K, which is expected to be filed with the SEC Exchange Act on or before the due date of March 31, 2007.

FORWARD LOOKING STATEMENTS

This press release and Company review and assumptions made regarding the financial figures and other information, referenced and presented, state and reflect assumptions, expectations, projections, intentions and/or beliefs about past and future events that are intended as "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. You can identify these statements by the fact that they do not relate to historical or current facts. They use words such as "anticipate", "estimate", "project", "forecast", "may", "will", "should", "expect", "assume", "believe" and other deviations thereof and other words of similar meaning. In particular these include, but are not limited to, statements reflecting the projected business activities and goals, revenues, earnings, profit and loss of the Company and associated costs. Any or all of the Company's forward-looking statements may turn out to be wrong. They can be affected by inaccurate assumptions or by known or unknown risks and uncertainties. For a description of many of these risks and uncertainties, please refer to the Company's filings with the U.S. Securities & Exchange Commission (www.sec.gov), including Forms 10K and 10Q.