SOURCE: Red Branch Technologies, Inc.

December 01, 2009 07:30 ET

Red Branch Technologies Adds Wireless Sensor Technology Investment to Its "Solutions on the Move" Portfolio

ASHBURN, VA--(Marketwire - December 1, 2009) - 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 Information

  • Contact:
    Investor Relations
    David Donlin
    Cervelle Group
    Phone: 407-614-5959 ext. 223