SOURCE: Cinnabar Ventures, Inc.

Cinnabar Ventures, Inc.

February 08, 2010 16:00 ET

Top Technology Executive, Linda Starr, Appointed Chairman of Cinnabar Ventures, Inc.

FORT MYERS, FL--(Marketwire - February 8, 2010) - Cinnabar Ventures Inc. ("Cinnabar") (OTCBB: CNBR), the creators of the Yippy; www.yippy.com, a cloud-based applications services environment currently in beta, announces the appointment of Linda Starr as Chairman of the board. Prior to this appointment, Ms. Starr, age 52, was Corporate Vice President and Chief Sales Strategist for Advanced Micro Devices, Inc. ("AMD").

"As her surname reveals, Linda Starr is a true technology 'star' with a stellar track record of delivering results as a visionary hardware and software sales and marketing executive," said Richard Granville, Chief Executive of Cinnabar. "She is a change agent with a deep understanding of the IT market and its complex dynamics of technology flavors. Linda will guide Yippy into strategic partnerships with key technology partners and strengthen and enhance membership on our board with one of the most powerful women in technology."

"Cinnabar is developing a rich Application Services Environment that will deliver a powerful suite of tools, services and capabilities for both Consumer and Commercial segments," said Linda Starr, newly appointed Chairman of Cinnabar. "I am excited to join this dynamic and creative team and guide in the delivery of child-safe Internet environments for individuals and families as well as enhanced productivity and solution environments for small to medium sized companies. I believe that the technologies Cinnabar will bring to market will provide an unparalleled user experience."

As Corporate Vice President and Chief Sales Strategist Worldwide, Ms. Starr led sales efforts and negotiations for key customer acquisitions including Hewlett Packard (HP), Toshiba, Sun Microsystems Inc., Cisco and Lenovo in China. She was responsible for strategic interactions with top partners including Acer, Fujitsu Siemens, Sony, Sharp, NEC, IBM, Averatec, NEC and Gateway. Ms. Starr also negotiated Strategic Agreements and managed key Marketing Alliances including those with Dreamworks Animation Studios and Lance Armstrong "LiveStrong" Foundation's partnership with HP and AMD.

"I look forward to the introduction of Yippy to the marketplace and in forging long term relationships and synergies through cross-marketing and co-branding for the 'clean' cloud that is a great, family-friendly brand," adds Starr.

"Over the last several years I have the privilege of working side by side with Linda Starr on several projects at AMD," said Richard Lisa, President of Cinnabar. "I have found her to be insightful, determined, and creative in delivering the best for her customers, her employees and her company. Linda possesses the exceptional ability to execute with firm resolve and deliver meaningful results in difficult and challenging circumstances while never losing sight of the strategic agenda and objectives."

"Most importantly, Linda is one of the most ethical and honest executives I have ever worked with," continues Lisa. "Linda is a focused leader that has the ability to motivate teams. She is fully capable of rolling her sleeves up and getting on the field as an active participant to work for the win. We are fortunate to have someone of her talent and experience as an integral part of our senior team."

About Cinnabar Ventures, Inc.

Based in Fort Myers Florida, Cinnabar Ventures, Inc., www.cinnabarcompany.com, is a new economy technology company that develops technologies and application services environments for both Consumer and Commercial market segments.

Forward-Looking Statements

Pursuant to The Private Securities Litigation Reform Act of 1995: The statements in this press release that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of this release since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. We assume no obligation to publicly update or revise any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release, even if new information becomes available in the future. Additional information on risks and other factors that may affect the business and financial results of Cinnabar Ventures, Inc. can be found in the filings of Cinnabar Ventures, Inc. with the U.S. Securities and Exchange Commission.

Contact Information

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    Nancy Tamosaitis-Thompson
    Vorticom, Inc.
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