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[QUOTE]Originally posted by Superbee383: [QB] SBTG - .0007 SkyBridge Technology Group, Inc. 'SBTG' Announces Its Subsidiary (Sierra Pacific Aviation, Inc.) Has Signed a Management Contract for a 2006 Piper Meridian Business Wire - October 12, 2006 13:09 LAS VEGAS, Oct 12, 2006 (BUSINESS WIRE) -- SkyBridge Technology Group, Inc.'s (OTC: SBTG) Board of Directors has announced today that its subsidiary Sierra Pacific Aviation Inc. has been awarded an additional aircraft management contract for a 2006 Piper Meridian. The Meridian is a single engine turboprop aircraft that seats six and cruises at around 280 miles per hour. "This aircraft represents another niche in our operations," said Brent Neville, President of Sierra Pacific. "The Meridian is ideal for 250 to 500 mile legs with 3 to 4 passengers, and up to 800 mile legs with 1-2 passengers," Neville continued. The $1.8M machine will be managed by Sierra Pacific and utilized for air charter and private operations for the corporate owner. Certain Information Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of STGI officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Certain statements in this news release may contain forward-looking information and are based on Management's current expectations, estimates and projections subject to change. Words such as "anticipates," "expects," "intends," "plans," "targets," "projects," "believes," "seeks," "estimates" and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are beyond our control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. You should not place undue reliance on these forward-looking statements. Unless legally required, the Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. The Company disclaims any information that is created or distributed by any outside party and endorses only information that is communicated by its official Press Releases. SOURCE: SkyBridge Technology Group, Inc. SkyBridge Technology Group, Inc., Las Vegas James Wheeler, 702-897-8704 http://www.sbtginc.com E-mail: info*sbtginc.com or investor*sbtginc.com or Sierra Pacific Aviation http://www.sierrapacificaviation.com Copyright Business Wire 2006 [/QB][/QUOTE]
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