RBTI Red Branch Technologies Inc (CE)

Red Branch Technologies, Inc. (Pink Sheets:RBTI) today announced an update to shareholders from CEO Jeff Sirianni. The company's changing overall direction, its future, and current events were the topics discussed.

"Our mission, which to date has been focused as an incubator to specific technologies and companies which were complimentary and, in some cases, synergistic of one another, is now changing in order to capitalize on our growing ability to leverage more robust product development capabilities. This shift in strategy will enable us to utilize our new strengths while leveraging key relationships that we feel will be more dynamic to the company's ability to generate significant revenue in much broader markets," said Sirianni. "As we move forward, our strategic emphasis will be on software development for securing social media communication as well as online transactions for financial, legal or personal use."

Sirianni said the company plans on developing exceptional solutions for both consumers and corporations which will be delivered directly as well as through partner channels which should provide Red Branch Technologies a variety of future revenue streams.

In addition, a number of companies have already been identified according to Sirianni. "We anticipate the ability to move quickly with firms we have targeted for investment, enabling us to secure rights to strategic technologies and complete solutions. These are businesses where we will be able to initially generate revenue on an incremental basis over the first few months until we can maximize their resources within our operation, where we believe more substantial revenues can be gained next year and beyond."

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
         407-299-2377