Red Branch Technologies Concentrating Its Efforts on Growing Applications Market for Sustainable Energy Sector
November 11 2009 - 9:05AM
Marketwired
Red Branch Technologies, Inc. (PINKSHEETS: RBTI) announced today it
continues to implement its business model by concentrating efforts
on the growing applications market within the sustainable energy
sector. Red Branch Technologies is well positioned to take
advantage of two very favorable trends regarding the need for
mobile platforms for security applications according to Jeff
Sirianni, CEO of Red Branch Technologies, Inc.
"Sustainable power sources are getting smaller and providing
more power at lower costs than ever before," said Sirianni. "This
is critical for those of us in the mobile security solutions
business. Add to that the fact that sensors are doing more, using
less power and the applications space for sustainable power
solutions grows every day. This is important to our long-term
strategy for growth."
In addition, U.S. spending directed by the Home Land Security
(HLS) Department is estimated to be $50 billion while the worldwide
HLS market is projected to jump to $300 billion annually by 2016
according to Frost and Sullivan. Sirianni added that Red Branch's
solutions apply to every segment of the Home Land Security market
and have the best opportunities in areas such as Bioterrorism and
Chemical Agent Prevention, Emergency Preparedness and Response,
Physical Security, Border Security, Port Security as well as
Nuclear Radiological Prevention which total US HLS spending of
approximately $21 billion for this year alone.
Sirianni added, "We also recognize the need to combine multiple
renewable energy resources to get the extended deployment times
required by security focused applications where mobility, easy set
up and long time on station make the difference in selecting the
best solutions."
About Red Branch Technologies, Inc.:
Red Branch Technologies provides sustainable-energy-powered
solutions meeting commercial, industrial, municipal and federal
requirements for site security, materials control, emergency
communications, water purification and similar on-site
applications. The company's ability to simultaneously manage
multiple renewable energy sources allows Red Branch Technologies
powered solutions to stay up and running longer than the
competition. Mobility is another differentiating aspect of Red
Branch Technologies' solutions.
The company also offers a unique set of security products for
military and law enforcement applications where cost/performance
represents a critical selection factor. The application areas
include Explosive Ordinance Disposal (EOD) robots, vehicular
inspection and Unmanned Aerial Vehicles (UAVs).
More detailed information can be found at
www.RedBranchTech.com.
Safe Harbor: This letter contains certain 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, which are intended to be covered by the safe
harbors created thereby. Investors are cautioned that all
forward-looking statements involve risks and uncertainty, including
without limitation, the ability of the Company to successfully
implement its turnaround strategy, changes in costs of raw
materials, labor, and employee benefits, as well as general market
conditions, competition and pricing. Although the Company believes
that the assumptions underlying the forward-looking statements
contained herein are reasonable, any of the assumptions could be
inaccurate, and therefore, there can be no assurance that the
forward-looking statements included in this letter will prove to be
accurate. In light of the significant uncertainties inherent in the
forward-looking statements included herein, the inclusion of such
information should not be regarded as representation by the Company
or any other person that the objectives and plans of the Company
will be achieved. In assessing forward-looking statements included
herein, readers are urged to carefully read those statements. When
used in the Annual Report on Form 10-K, the words "estimate,"
"anticipate," "expect," "believe," and similar expressions are
intended to be forward-looking statements.
Contact: Investor Relations David Donlin Cervelle Group Phone:
407-614-5959 ext. 223
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