updated 11/2/2010 6:15:26 AM ET 2010-11-02T10:15:26

ASHBURN, Va., Nov. 2, 2010 (GLOBE NEWSWIRE) -- Red Branch Technologies, Inc. (Pink Sheets:RBTI) announced today further details about its joint venture project with Intelligent Power Solutions, LLC called Green Box Solutions, LLC.

Green Box Solutions main product called the Green Box is a state-of-the-art, intelligent power distribution system that is being developed to provide power delivery from multiple sources, multiple outputs intelligently controlled with solid state switching along with monitoring, control and notification of the power grid state.

The key difference between the Green Box and other power distribution systems is its intelligence in enabling loads. In other words, the Green Box has the intelligence to request more power when needed or shut down non-critical loads when power consumption has exceeded the maximum.   It has a sophisticated yet easy to use control system that allows the user to turn output power on and off, set the channel priority level and view/log power being delivered by each channel.

The technology behind the Green Box is being developed by Extreme Endeavors and Consulting LLC as a means to power an Autonomous experiment in Antarctica with renewable energy. This experiment being conducted by NASA Jet Propulsions Laboratory required power in conditions as cold at -100 Deg F and winds in excess of 200 miles per hour.

The supervisory control and data acquisition portion of the Green Box is being developed for monitoring hazardous and remote environments; this monitoring system is currently being used to monitor some of the most inaccessible and dangerous caves in the world. 

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.

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved


Discussion comments


Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 3.79%
$30K home equity loan FICO 4.99%
$75K home equity loan FICO 4.69%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.83%
Cash Back Cards 17.80%
Rewards Cards 17.18%
Source: Bankrate.com