Red Branch Technologies Inc. Sees Strong Growth Potential in Powering Wireless Sensor Networks
December 09 2009 - 8:00AM
Marketwired
Red Branch Technologies, Inc. (PINKSHEETS: RBTI) announced its CEO
Jeff Sirianni discussed today the strong outlook for wireless
sensor networks and the fact that cost efficiencies are most
important in generating revenues within the wireless sensor space.
Sirianni said the market for wireless sensors and associated
network power components is predicted to grow at over 40% CAGR by
Darnell Group between now and 2012 for the building automation and
industrial process sectors -- all target markets for Red Branch
Technologies.
"By 2012 the expected demand for our types of sensors and power
components will reach 150 million units per annum according to the
same Darnell Group report," said Sirianni. "This is a very exciting
and dynamic space for us because near-term energy programs will
focus on efficiency of operations and to accomplish that goal more
and better sensors arrayed in wireless networks are required. Green
Power Technologies' solution suite makes cost effective
implementation of these sensor arrays more cost effective."
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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