Red Branch Technologies Adds Wireless Sensor Technology Investment to Its "Solutions on the Move" Portfolio
December 01 2009 - 7:30AM
Marketwired
Red Branch Technologies, Inc. (PINKSHEETS: RBTI) announced today
its intentions of adding wireless sensor technology into its mix of
investments for the company by recently announcing its LOI to
invest in Green Power Technologies, Inc.'s advanced power solutions
for wireless sensor networks. This latest move places Red Branch
Technologies into a multi-billion dollar market with potential for
hyper-growth.
"A major part of life cycle cost for wireless sensor networks is
battery replacement costs that include not only the batteries
themselves but the labor to manage and maintain the wireless sensor
network," said Greg Puschnigg, CEO of Green Power Technologies,
Inc. "Battery replacement cost and installation has always been a
challenge which we believe we now have a solution to through our
Green Power Technologies' wireless power networks. By combining
several leading edge technologies our system solution eliminates
most of these barriers to wide-spread adoption of wireless sensor
networks."
Puschnigg said Green Power Technologies, Inc. wireless power
networks comprise mini "smart grids" supporting sensor arrays that
provide information and control for applications that include
process plant operations, building environmental controls, schools
and lodging energy management.
Wireless sensor arrays energized by power harvesting circuitry
from Green Power Technologies, Inc. can transmit temperatures,
voltages, pressures and other operating parameters used by building
control and energy management systems. The building management
systems can send operating commands to other Green Power
Technologies powered sensors to control everything from lighting to
environmental and process control systems.
"Ultimately, we believe our competitive edge is seamless network
management interfaces needed by the higher level management systems
to do a more effective job controlling energy usage," says
Puschnigg.
Jeff Sirianni, CEO of Red Branch Technologies, sees this
investment as a strategic piece of RBTI's portfolio. "The world
going forward needs to operate in a much lower energy regime for
both sensors and mainline systems. This technology is fundamental
to making large wireless sensor networks cost effective. Red Branch
Technologies sees this emerging market becoming a key energy sector
for years to come."
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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