Shot in the Gas (SKGO) $6,000,000 Industrial Revenue Bond

BUFFALO, NY, Feb. 11 /PRNewswire-FirstCall/ - SkyBridge Technology Group, Inc. (SKGO; http://www.skybridgetechgroup.com/) Shot in the Gas (SITG) division President Jeffery Burns and Chief Marketing Officer Mike Barbee met with John C. Cappellino Executive Vice President and Grant P Lesswing Business Development Officer of the Erie County Industrial Development Agency today to start the process for a $6,000,000 Industrial Revenue Bond.

Shot in the Gas has grown at a staggering pace since the merger with Sky Bridge Technology Group and plans to incorporate cross functions of Sanhe to build a strong company. "It just makes sense that as we continue to grow in leaps and bounds that we start looking at expansion," said Mike Barbee Chief Marketing Officer Sky Bridge Technology Group / Shot in the Gas. Sanhe is thriving in China with its patented ultra plastic wood. The United States has an abundance of industrial and agricultural waste. Shot in the Gas plans to position the company to take the Chinese model and integrate it into operations. The ability for rapid manufacturing growth and recycling is a natural fit for an Industrial Revenue Bond which will allow for the finance and retrofitting of a larger building at very favorable terms. The initial meeting with Erie County went very well. The ability to recycle waste, generate revenue, and put people back to work in droves is very desirable for the county.

According to Mr. Cappellino the bond initiative will take about six months to complete and the ECIDA recommends using Key Bank or Bank of America as the financial institution. The next step is to find a suitable building to cover expansion plans. Shot in the Gas will start the process right away. "The upcoming marketing campaigns planned for Shot in the Gas should require us to upgrade our space and our best strategy is to have a space that will allow us to use all the tools in our arsenal. The depressed real estate market and people ready to work make for an idea situation which we plan to take advantage of. We have had incredible interest from distributors of all sorts who we are signing up to distribute Shot in the Gas and we always looking to increase our sales arm. We also plan to revisit our cost of goods for packaging materials in the near future to ensure the best possible prices and quality." - Jeff Burns President of Sky Bridge Technology Group / Shot in the Gas.

In other company news and events images of Chief Marketing Officer Mike Barbee and Grant P Lesswing Business Development Officer of the Erie County Industrial Development Agency will be posted shortly on Pink Sheets under Filing section. In addition to this the company brings attention to the Sanhe Tech-SKGO- CEO message from China also posted as a separate filing with Pink Sheets today as well.

Ms.Yang Yu Fang, CEO of SKGO said "We are delighted to see the strides made by SITG. They were the driving factor for us and our decision to proceed with the SKGO Merger. As a company we have a policy not to comment on the price movement of our share price and rather focus our energy and drive towards running our business, making sales and providing great customer support to our clients. It is our opinion that the market has not accurately reflected the true value of SKGO as an entire organization. We are quite optimistic that once just some of the contracts recently finalized by us the big picture will emerge and some of these eroded values will be restored. We remind our shareholders and followers to monitor Pink Sheets.Com Filing Section and also our IR company web site section "CLIENT SUPPORT" TAB www.minamargroup.net or this direct link http://minamarmarketinggroup.helpserve.com. For any matters relating to retail investor queries or to send us a message here in China to Sanhe Tech; or our SITG division in USA please click on the INVESTOR SUPPORT TAB or this direct link www.minamargroup.net/helpdesk.

Filings for this event are currently being reviewed and will be filed with Pink Sheets and Client Support Section in due course.

To be included in SKGO's email database for press releases and industry updates, please subscribe at or opt in with your email address at this link http://www.minamargroup.com/updates/.

Safe Harbor Statement

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.

CONTACT: For any investor relations matters, please contact www.minamargroup.net/helpdesk; Investor Relations Department Inquiry, http://www.minamargroup.net (IR); For (M&A) and Corporate Matters, http://www.minamargroup.com

SOURCE SkyBridge Technology Group Inc.

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