Vinoble, Inc.
OTC Bulletin Board : VNBL

May 15, 2006 10:03 ET

Vinoble Retains Oil & Gas Consultant

MALIBU, CALIFORNIA--(CCNMatthews - May 15, 2006) - Vinoble, Inc. (OTCBB:VNBL) announced today that the Company has retained the services of Sterling Grant Capital Inc. to assist Vinoble with its corporate growth and development strategy.

As announced last December, Vinoble had become active in seeking additional growth opportunities and experienced executives specifically with oil and gas assets. Sterling Grant, a private consulting firm in the Oil & Gas Industry, has been retained by the Company to assist in such endeavors. The agreement calls for the consultant to introduce and secure working interests in both producing and exploration and development properties on behalf of Vinoble. Duties are also to include locating and introducing knowledgeable, experienced, and accomplished executives in the Oil and Gas industry to Vinoble to add to its Board of Directors.

Through the assistance of Sterling Grant, Vinoble continues to seek other opportunities to add value to its property holdings through acquisition. Vinoble believes that any additional assets will provide the Company and its shareholders a much-improved increase in shareholder value.

While global political turmoil continues to keep oil prices near $70 per barrel and some recent analysts' reports predict that oil could reach as high as $100 a barrel in the near future, the Company is moving forward in acquiring additional growth and investment opportunities in this natural resource sector. Vinoble believes that these additional assets will provide the Company and its shareholders a much-improved increase in shareholder value. The Company is focused on increasing value by means on continuing acquisitions, development projects and exploration drilling through joint venture networks.

Safe Harbor Statement: This press release contains forward-looking statements as defined in The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan", "confident that", "believe", "scheduled", "expect", or "intend to", and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties, and actual results may differ materially from those expressed in any forward-looking statement. Such risks and uncertainties include, but are not limited to, the ability of Vinoble to complete the proposed acquisition(s), the results of Vinoble's due diligence review of the candidate(s), the success of the business of the acquisition candidate(s), including the ability of Vinoble to continue to sell the applicable products and the acceptance of those newly designed products by the market, market conditions, the general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filings.

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