Red Branch Technologies Inc. Announces Update on Strategic Agreement With Forza Global Partners
2010年10月21日 - 7:00PM
Red Branch Technologies, Inc. (Pink Sheets:RBTI) announced today
further details of its new strategic partnership with Forza Global
Partners, LLC (FGP), a Virginia Company headquartered out of
Fredericksburg. Recently, Red Branch Technologies announced an LOI
with Forza Global Partners and the intent to acquire a 25% stake of
FGP.
Red Branch Technologies will look to add a number of its
security-based solutions, such as its on the move concept and
applications, to Forza's existing efforts in full service security
services according to Jeff Sirianni, CEO of Red Branch
Technologies, Inc. Leveraging Forza's name and specific
security oriented solutions will enable Red Branch to enhance
Forza's product offering while at the same time potentially enter a
specific niche where it can increase product penetration.
This win-win scenario, coupled with an even stronger product
offering, is what both companies are looking for.
"The ability to cross promote as well as integrate specific
security based applications with Forza allows us the opportunity to
enhance our competitive position in the marketplace with an
experienced, well-known company in the areas of security, risk
management, intelligence and operations," said Sirianni. "I
believe this is an ideal partnership for both companies. Our
products complement Forza's and Forza has specific inroads where we
can build better product awareness of Red Branch with an increased
opportunity for more business."
Forza Group is a privately held, security sector parent/holding
company, which specializes in security solutions for high net-worth
individuals and companies in higher risks environments. We
operate internationally via regionally oriented affiliates.
We provide security products and services under the brand of Tri
Points International Corporation (www.tripointsworld.com).
Our Core competencies included security, risk management,
intelligence and operations:
- 40+ years of U.S. Army, Air Force, and Marine Special
Operations Forces and Joint Law Enforcement experience including
foreign internal defense, counternarcotics, personal security
details, counter-terrorism, intelligence and advance special
operations.
- 25 + years of providing worldwide security services and risk
management, including executive protection, personal security
protection, physical protection, humanitarian assistance/ disaster
relief protection and applied advanced security technologies.
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: Cervelle Group
Investor Relations
Dave Donlin
407-299-2377
Red Branch Technologies (CE) (USOTC:RBTI)
過去 株価チャート
から 11 2024 まで 12 2024
Red Branch Technologies (CE) (USOTC:RBTI)
過去 株価チャート
から 12 2023 まで 12 2024