RESTON, Va., Sept. 12, 2007 (PRIME NEWSWIRE) -- Red Branch Technologies, Inc (Pink Sheets:RBTI), a comprehensive online travel company focused on addressing the unmet needs of the business traveler, reports that the company has begun the controlled introduction phase of its leading-edge my/mTravel(r) online business travel solution. my/mTravel brings new value to the online business traveler through its innovative features which cater specifically to the independent and unmanaged business travelers who do not have corporate travel policies, but need business class travel solutions.
Initially, the controlled launch of my/mTravel will be limited to a specially recruited group of independent business travelers from a variety of different-sized companies.
"The controlled introduction of our my/mTravel(r) is an important milestone for the company. We are confident our innovative online travel technology will be embraced for its user friendliness, breadth of functionality and relevance to the business traveler's needs. Once we finish this phase of our launch, we will open the product to all unmanaged travelers who we think will find my/mTravel a great value which provides a pace setting price/performance point that the rest of the market will have difficulty meeting. This is a major step in our entrance into the $70 billion online travel industry and is the culmination of over $6 million and four years of development," said Red Branch CEO Doug Foran.
The company encourages interested parties to sign up to receive updates at the company's website (http://redbranchtech.ir.stockpr.com/ir-request).
About Red Branch Technologies
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
This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future events or revenues depend upon our ability to develop and supply products, which we may not produce today and that may need to meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets