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[QUOTE]Originally posted by J_U_ICE: [QB] SBTG .0003 January 02, 2007 09:00 AM Eastern Time SkyBridge Technology Group, Inc. ``SBTG'' Announces Its Subsidiary (Sierra Pacific Aviation, Inc.) is Working with Aviation Insurance Underwriters to Develop Training for a Variety of Aircraft LAS VEGAS--(BUSINESS WIRE)--SkyBridge Technology Group, Inc. (OTC:SBTG) Board of Directors has announced today that its wholly owned subsidiary, Sierra Pacific Aviation Inc., is working with aviation insurance underwriters to develop and administer initial and recurrent training for a variety of aircraft. Most high performance complex aircraft require that pilots receive initial and annual recurrent training before an insurance underwriter will cover them with a policy. Fashioned after proven air carrier training techniques, this advanced aircraft specific training utilizes scenario based lessons combining ground, simulation and in-flight training. “This initiative is the result of Sierra Pacific’s combined efforts, since it integrates our FITS training programs, our Cirrus Standardized Training Center, our prolific use of flight simulation, and the establishment of our 141 Pilot School,” stated Brent Neville, President of Sierra Pacific. “We will be expanding our insurance approved training in 2007. The ultimate goal for Sierra Pacific is to build a Safety System Continuous Learning culture, and this is a big step in that direction,” Neville added. Insurance required training has proven an effective method to improve aviation safety, and keep pilots proficient and is mandated by most underwriters. States James Wheeler CEO (SBTG), “We continue to be extremely pleased with the progress for Sierra Pacific Aviation in 2006 and feel that getting involved with the insurance companies requiring pilots to take these additional training will increase Sierra’s over all training program, thereby increasing its overall 2007 revenues.” 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 SBTG 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. Contacts SkyBridge Technology Group, Inc., Las Vegas James Wheeler, Chairman & CEO, 702-897-8704 info*sbtginc.com or investor*sbtginc.com http://www.sbtginc.com or Sierra Pacific Aviation http://www.sierrapacificaviation.com [/QB][/QUOTE]
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