SKGO SkyBridge Technology Group Inc New (CE)

Skybridge Technology Group's http://www.skybridgetechgroup.com (PINKSHEETS: SKGO) subsidiary company Shot in the Gas, Inc.'s www.shotinthegas.com Vice President Mike Barbee met with Congressman "Cliff" Stearns (Photo image of Congressman Stearns and Vice president Mike Barbee will be posted on SKGO web site shortly).

Congressman Stearns has offered to assist Vice president Barbee in obtaining permission to help Shot In The Gas enter into a research program at the University of Florida, Gainesville, Florida www.ufl.edu to test the ability of the SITG product to increase gas mileage and to reduce harmful emissions from the use of fossil fuel. The main test will be the result on Shot In The Gas and its ability to help clean up coal burning power plants worldwide. At the conclusion of a successful test, the results will be handed over to Florida Power, Withlacoochee River Electric Cooperative, Progress Energy, and Teco, all Florida based power companies for further testing.

Successful testing of SITG product will make it possible for power generation plants worldwide to have the ability to burn coal much cleaner and help keep emissions under E.P.A. guide lines without spending millions of dollars installing air quality control devices.

In other company news and updates the company is in the final stages of finalizing the Textraw merger. Announcement of that event will be made shortly.

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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.

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