RESTON, Va., Feb. 25, 2008 (PRIME NEWSWIRE) -- Red Branch Technologies, Inc., (Pink Sheets:RBTI) today announced that it has signed an agreement with privately-held, Indiana-based DeskPort Technologies, Inc. to introduce a cross section of that Company's user base of business travelers to Red Branch Technologies' my/mTravel(r)(tm) online business travel product.
In the coming weeks, DeskPort Technologies will begin a controlled introduction of the my/mTravel(r) suite of next generation online business travel tools to users of its desktop internet access point product, which is comprised of approximately 60,000 active business travelers that travel approximately twice per month on average.
Conveying his enthusiasm for the program, Harris Turner, President of DeskPort Technologies, said, "DeskPort travelers make a great audience for new travel products and technology. They have the experience and technical savvy to know what really counts for the business traveler. We think my/mTravel(r) is a product that will capture their interest because it puts them in complete control of the end-to-end travel cycle." He continued, "While we love my/mTravel(r)'s rich features such as its Outlook Plugin, NotiFlyer capabilities for convenience and the Travel Bank capabilities for cost savings, it's the elimination of the traditional 'travel vendor bias' that really makes my/mTravel(r) the only solution with the independent business traveler's best interests in mind."
Thomas Murray, COO of Red Branch Technologies, commented, "DeskPort provides Red Branch with the ability to access a loyal user base of the smartest, most active, most progressive and online savvy independent business travelers available. They travel frequently on business and use every technology they can to make business travel easier and more responsive to their unique needs." He continued, "Bringing DeskPort travelers into our Controlled Introduction program opens the door to get an endorsed introduction to the 60,000 business travelers piggybacking on DeskPort's tools to track rewards programs points from all the programs in which users participate and win them over with great features, superior performance and adaptive technology."
DeskPort Technologies, Inc.
Fishers, Indiana-based DeskPort Technologies, Inc. builds branded desktop applications and web portals providing shortcuts to information repetitively sought on the Internet. Flagship products include the USA TODAY MileTracker (tm) (www.miletracker.com), FrequentFlier MilePort(tm) (www.mileport.com), and MileTracker(tm) (www.deskport.biz), products that enable high-level travelers to simultaneously track all their online loyalty programs. With over 60,000 users tracking more than half a million frequent traveler programs, DeskPort users represent the ultimate travel demographic. Visit www.deskport.biz for more information.
About Red Branch Technologies, Inc. (Pink Sheets:RBTI)
Red Branch Technologies, Inc. makes business travel easier, more secure and more responsive for both the hard-charging business traveler and the corporation by meeting travel needs at each point in the travel cycle. The company's innovative my/mTravel(r) and mTravel(r) products automate the business travel process from planning and booking to en route services and support, through post travel reporting and unused ticket redemption. Red Branch's Magellan360, provides agency and net-delivered back office services to independent professional travel marketers. For more information, please visit: www.redbranchtechnologies.com.
Safe Harbor
This press release contains statements which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Red Branch Technologies, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.