Sky Bridge Technology (SKGO) Introduces Targeted Stainless Steel Company

BEIJING, China, Feb. 5 /PRNewswire-FirstCall/ - SkyBridge Technology Group, Inc. (SKGO) (http://www.skybridgetechgroup.com) (the Company) brings attention to a certain filing on Pink Sheets dated January 8 2010 where amongst other things the Company is entertaining a proposal to conduct certain business and or possible merger with a Stainless Steel - Industrial Type Company.

This is a company with assets and sales in the 10 million USD range located in the AN Yi county named Xiong Yingly Industries. http://www.anyi.gov.cn/Article/ShowArticle.asp?ArticleID=549

The SKGO representatives are in China evaluating the feasibility, logistical solutions and options, including ways and means to see this project come to a fruition.

With a 13 hour time difference between North America and China there may be a possibility for the company to receive some updates today or over the upcoming weekend. The company will promptly post any non news worthy events or updates relating to this or other corporate matters as a filing with Pink Sheets.

In other company news and events SKGO's USA based operating subsidiary Shot-in-the-Gas (www.shotinthegas.com) division launched its new, fully functional e-commerce website http://shotinthegas.com/products.php.

To strengthen its marketing campaign across USA, Shot-in-the-Gas launched its new commercial website under the same title (www.shotinthegas.com) to better accommodate the public, customers, and company's distributors and sales force at the dawn of company's US expansion.

The new website accommodates all shopping needs of those interested in the Shot-in-the-Gas products, and provides support to the company's distributors and outside sales force, allowing them to create their personal self-replicating websites. This feature streamlines the development of national sales force, making it easy for anyone to become a distributor. All the candidates need to do is drive business to his/hers/its own web address that replicates the new Shot-in-the-Gas site. Here the distributors can track commissions and residuals at a glance. Also all fundraisers will be able to see the success of their campaign with the click of a button. The site also connects investors and the public with the company's IR firm. Shot-in-the-Gas invites all interested public to visit (www.shotinthegas.com) and leave massages about issues and subjects the public wish to find an answer to, and the company will work diligently to address them.

Mr. Burns said, "We know that gaining public trust in new products represents one of the most difficult marketing tasks and that's why we want our customers to feel comfortable shopping for, and using our products in their engines. We want our new site to represent what we stand for: Trust and Quality. We also intend to either update this new site or create one that will stream in news about the company, energy industry news, gas prices across USA, etc. from the online news and information faucets."

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Information in this news release may contain statements about future expectations, plans, prospects or performance of SkyBridge Technology Group Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. SkyBridge Technology Group Inc. cautions you that any forward-looking information provided by or on behalf of SkyBridge Technology Group Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. SkyBridge Technology Group Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond SkyBridge Technology Group Inc.'s control. In addition to those discussed in SkyBridge Technology Group Inc.'s press releases, public filings, and statements by SkyBridge Technology Group Inc.'s management, including, but not limited to, SkyBridge Technology Group Inc.'s estimate of the sufficiency of its existing capital resources, SkyBridge Technology Group Inc.'s ability to raise additional capital to fund future operations, SkyBridge Technology Group Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match SkyBridge Technology Group Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. SkyBridge Technology Group Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

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SOURCE SkyBridge Technology Group Inc.