Red Branch Technologies pairs with Green Power Technologies

Ashburn, Va., November 30, 2009 — Red Branch Technologies agreed to acquire a 40 percent stake in Green Power, Inc. Terms of the agreement have not been released.

Also, terms of any final agreement between the two companies is subject to final approval of the Governing Board of Directors of the respective companies.

Green Power Technologies is developing a family of wireless products and solutions for intelligent energy management, automation and control using leading edge power and communication networks.

GPT, along with its partners, will seamlessly connect mobile, wireless and electronic devices to the existing wired and wireless infrastructure. GPT’s mission is to enable the market place with truly innovative wireless solutions.

This system architecture will provide a dramatic cost savings for installation as well as maintenance cost through the life of the system and revolutionize the market and beyond.

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.

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