Red Branch Technologies Targets Multi-Billion Dollar Wireless Sensor Market
November 27 2009 - 7:33PM
Marketwired
Red Branch Technologies, Inc. (PINKSHEETS: RBTI) announced today it
is focusing efforts on the multi-billion dollar wireless sensor
market due to the highly effective sustainable power solutions the
company offers. As identified by Jeff Sirianni, CEO of Red Branch
Technologies, Inc., the sensor market is a significant part of the
company's growth strategy mainly due to the market being
constrained due to lack of battery life along with the prohibitive
costs of changing a battery on a frequent basis.
Based on Red Branch Technologies sustainable power solutions
where energy is deployed on an extended basis, Sirianni believes
the sensor market could hold great upside for his company. "To be
able to bring wireless energy to the market and overcome a number
of considerable hurdles which have held many back from delivering
the kind of services we now offer is a huge plus for Red Branch
Technologies."
Sirianni pointed out the sensor market fits perfectly with what
Red Branch has already outlined as part of the execution of its new
business model. He was quick to point out there are numerous major
global corporations focused on the sensor space such as Intel,
Cisco, Honeywell and GE among others.
"The sensor market is certainly one where we have great
confidence in being able to generate revenues, grow profits, build
our company and increase shareholder value," said Sirianni. "We are
currently looking into ways on how to best implement our solutions
in order to maximize their value."
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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