Vinoble, Inc.
OTC Bulletin Board : VNBL

June 03, 2005 16:50 ET

Vinoble Seeks to Offer Services in Additional Sectors

MALIBU, CALIFORNIA--(CCNMatthews - June 3, 2005) - Vinoble, Inc. (OTCBB:VNBL), a holding company seeking to identify long-term growth opportunities in the areas of homeland security, security information systems, and other security services, announced today that it plans to enter the tracking, management and protection of assets in the underground mining and quarry industry.

While the need to have real time and current data ensuring protection of the mine environment and its integrity, Vinoble also views this as a paramount need to protect our natural resources from terrorist threat or harm. The safety of the assets is not the primary cause for such implementation, but asset management and productivity are also vital to maintaining the effectiveness of the mine. Current and advanced technology is needed to track personnel, equipment and product safely and efficiently.

RF based technology can also create a detection zone to discriminate between what is allowed to proceed past a certain point such as selected materials to be processed (wood, metal, biological substance, etc.) or various objects in transit. Biometric technology converged with RFID can ensure the safe transit of materials by only the authorized handler, and limit the entry of personnel to specific locations. Further, environmental sensors can be integrated to allow continuous automatic monitoring of dangerous gases and conditions.

Vinoble's viewpoint is that these applications are more than just a valuable tool to the mining industry, but as a protective measure of our country's natural resources and commodities against threat. Preservation of these materials is important to the safety of U.S. industry and economy.

The Company believes that such offering service and technology application in the mining industry will further position Vinoble in a rapidly expanding industry while taking advantage of access to the increasing capital and global spending that the Company will require for growth. The Company's goal is to also provide a much-needed service at a cost manageable to even the smallest of businesses that can't afford to do without the safety of its personnel and assets in this current state of constant threat.

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. The closing of the transaction will be subject to complete due diligence, inspections, and completion of audited financial statements in accordance to GAAP as required by the SEC prior to consummation.

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