Red Branch Technologies, Inc. Names a Senior Director at EMC as Its New Chairman of the Board
19 Octobre 2011 - 12:00PM
Red Branch Technologies, Inc. (Pink Sheets:RBTI) today announced it
has named Dick O'Leary, Senior Director, Global Solutions Group, at
multi-billion dollar IT giant EMC Corporation as its new chairman
of the board. EMC had annual revenues of $17 billion in 2010 and
its market cap in 2011 places EMC among the 10 most valuable
Information Technology product companies in the world. The new
chairman succeeds R. Paul Gray and will take over the position
effective immediately.
After joining EMC in 2004 Mr. O'Leary has been responsible
for establishing and overseeing the global security solutions group
which, under his leadership, grew from inception into an industry
leader with success throughout the Americas, Europe, Middle East
and Asia.
In addition to being directly involved with large public and
private organizations in the technology and security sectors for
the past 20 years, Mr. O'Leary has demonstrated his unique talents
in identifying and accelerating growth strategies which directly
impacted company revenues. Red Branch Technologies will especially
utilize Mr. O'Leary's strong ability to craft and communicate a
strategic vision and help build highly focused organizations that
deliver substantial new revenue streams as well.
Mr. O'Leary is a widely recognized thought leader in the
security industry and is a member of the Intelligence and National
Security Alliance, where he serves on the Cloud Computing Task
Force, and has been a frequent speaker at leading security summits
in the United States, Europe and Asia.
Prior to joining EMC he was Managing Director for The Boston
Group, a strategic advisory firm, where he served as advisor to a
number of organizations in the technology, security and financial
sectors. He previously earned international industry recognition
helping to grow start-ups into multi-million dollar organizations
and leading solution development, sales & marketing efforts
with two Fortune 500 companies.
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: Investor Relations
David Donlin
Cervelle Group
407-299-2377
Red Branch Technologies (CE) (USOTC:RBTI)
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