Vinoble Focuses Homeland Security Roll-Up in the Wireless Asset Tracking Sub-Sector

MALIBU, Calif.--(BUSINESS WIRE)--April 8, 2005--Vinoble, Inc. (OTCBB:VNBL), a holding company seeking to identify long-term growth ...

Vinoble has identified and begun initial discussions with management of two such businesses possessing existing technologies that may provide the Company certain components in the asset tracking and management of customer mobile and non-mobile assets. Vinoble intends to license and purchase specific application technology and assets enabling the customer enhanced performance and preparedness.

With the increased need to safeguard hazardous materials on the rise, the Company anticipates the significant need for the convergence and use of Radio Frequency Identification (RFID), Satellite Communications such as Global Positioning Systems (GPS), and other technologies such as Biometrics to ensure the safe transit of these materials by only the authorized handler.

The global sales for GPS equipment surpassed $3.5 Billion in 2003; however, it is predicted to expand to an anticipated $22 Billion in 2008 and $757 Billion by 2017 according to a report published by a market research firm. Additionally, 2003 worldwide sales for RFID technology came in at $1.3 Billion and it is expected to reach $3.1 Billion by 2008 according to an Allied Business Intelligence report.

With this type explosive growth in the industry, the Company sees this as an opportunity to capitalize on acquiring and licensing assets and technology that can offer secure access control systems that combine radio frequency identification (RFID) and biometrics to positively identify both vehicles and drivers as they attempt to enter or leave a facility. At the same time these technologies could provide customers with improved efficiency by tracking and managing their fleet and assets from a desktop or PDA anywhere in the world. This will also allow customers to directly communicate with their drivers and will significantly enhance security of critical cargo.

Global Positioning Satellite capability will allow customers to track and monitor virtually anything that moves, locating assets to within 10 meters. Customers can determine asset speed, direction, latitude and longitude. With up to the minute information about the location and status of mobile assets, one will be able to make decisions to help cut costs, boost revenues, increase profits, as well as to provide safe transit of hazardous cargo.

The Company believes that concentrating its focus in this sub-sector will position Vinoble in a rapidly expanding industry while taking advantage of access to the increasing capital and global spending that the Company will require for growth. The Company's goal is to also provide a much-needed service at a cost manageable to even the smallest of businesses that can't afford to do without the safety of its personnel and assets in this current state of constant threat.

Safe Harbor Statement: This press release contains forward-looking statements as defined in The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties, and actual results may differ materially from those expressed in any forward-looking statement. Such risks and uncertainties include, but are not limited to, the ability of Vinoble to complete the proposed acquisition(s), the results of Vinoble's due diligence review of the candidate(s), the success of the business of the acquisition candidate(s), including the ability of Vinoble to continue to sell the applicable products and the acceptance of those newly designed products by the market, market conditions, the general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filings. The closing of the transaction will be subject to complete due diligence, inspections, and completion of audited financial statements in accordance to GAAP as required by the SEC prior to consummation.

Contacts

Vinoble, Inc. Catherine Thompson Media & Investor Relations (310) 456-3199 Fax: (310) 456-1778 catherine@vinobleinc.com www.vinobleinc.com

Source: Business Wire (press release) - San Francisco,CA,USA