SkyBridge Technology Group Inc. (SKGO) Sanhe Financials

12 month revenue $4.3 million with a pretax profit of just over $911K

NANCHANG, China, Feb. 4 /PRNewswire-FirstCall/ - Skybridge Technology Group, Inc. (SKGO) (http://www.skybridgetechgroup.com) management and its operating subsidiary Sanhe Tech http://www.sanhetech.com/acomjx_com/wz/jxshkj/default1.asp concerned about the recent and unexpected share price decline are releasing Sanhe Tech financial statements only. Note: These figures do not include the company's other operating subsidiary Shot In The Gas (USA based operation) and are not consolidated statements.

The report will be filed on Pink Sheets today. The report from China actually has the 12 months operations ending Dec 31, 2009. We have converted the 12 month total to USD (highlighted in yellow). The numbers overall look good with revenue for the year close to $4.3 million with a pretax profit of just over $911K.

The company also puzzled as to the reasoning of the recent share price decline, attributes this to some long time restricted stock (approximately 275 million shares) which have recently became free trading. The company believes its current float to be in the 600 million share range now. Company will update its listing on Pink Sheets accordingly. The company advisors monitoring the company share price and trading patterns are of the opinion that once (if the sale not already complete) 275 million surge flushes out, the market will absorb these aggressive sells and normality should resume. The company confirms that its insiders, advisors and affiliates are not and have not sold any shares nor taken any part of any sales of their respective positions. Any acquisition by the company or its agents will be disclosed with Pink Sheets filing service.

Jiangxi Sanhe Science and Technology Co., Ltd. is a manufacturer and a distributor valued at about $25 million USD. It occupies about 15,000 sq feet of operating and manufacturing capacities and employs approximately 100 full and part time employees. The candidate manufactures Environmentally Friendly Recyclable "Plastic Wood". The end product is sold as park benches, storage sheds and various outdoor durable gardening utilities etc. (see filing Jan 12, 2010) http://www.skybridgetechgroup.com/pictures.html

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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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