Redwood Group International Announces Website Rebranding and Updates Including Information on Redwood Technology Subsidiary
July 07 2011 - 10:12AM
Redwood Group International (Pink Sheets:RDWD) today announced the
completion of the rebranding of the company's corporate website,
which includes a new "Subsidiaries" section and the addition of
information on Redwood Technology, a new Redwood subsidiary serving
clients operating in the Greater China market.
The latest round of website changes successfully completed the
rebranding of the public company's name as Redwood Group
International, which also included the company being assigned its
new stock symbol: RDWD. All of the company's subsidiaries also
operate under the Redwood name. The website is considered an
ongoing project and further upgrades are planned, including a Home
page that will serve as a direct portal to the websites of the
Redwood subsidiaries, including Redwood Capital, Redwood Medical,
the Redwood Asia Private Equity Fund, and Redwood Securities.
The newest tab added to the site is Redwood Technology, a
boutique technology consulting company that works with Eastern
companies to help them to develop world class products and to
export them in the Western market. The services it provides
include: Program Management, Technical Assessments, Process
Improvements, Development, Training, and Operations
Management. Redwood Technology specializes in the scalable and
fault tolerant solutions using the latest technologies including
Cloud Computing, Grid Computing, Distributed Architectures, and
Virtualization. Redwood Technology is currently developing
price performance leading products for the banking and construction
industries.
"Redwood Technology has already signed a couple new exciting
contracts in its first few weeks of existence. We expect our
new subsidiary to do very well considering this division's
experienced management team," commented Redwood Group International
Chairman and CEO Jim Bickel.
"The Redwood Group International website will continue to be a
work-in-progress, as we expand the operations of Redwood
subsidiaries in Asia. Upgrading the site to include more
information on the operations of our subsidiaries is an important
aspect of our communications with shareholders and the broader
investment community, since the revenues and assets generated at
the subsidiary level establish the value proposition for shares in
the public company. We are very optimistic that the success
that has been established by Redwood Capital will be followed by
Redwood Medical, the Redwood Asia PE Fund, Redwood Technology, and,
ultimately, Redwood Securities," added Mr. Bickel.
To receive email alerts from the company whenever new
information is released, please visit
http://www.redwoodgroupint.com/investors.
About Redwood Group International
Redwood Group International has multiple subsidiaries operating
in the Asia market including Redwood Capital, Inc.
(www.redwoodcapinc.com), which assists growing private companies in
Mongolia and China with public offerings and financing
transactions. More information on the company and its
operating subsidiaries can be found at
http://www.redwoodgroupint.com.
Any statements contained herein related to future events are
forward-looking statements and are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Readers are cautioned not to place undue reliance on
forward-looking statements. Redwood Group International undertakes
no obligation to update any such statements to reflect actual
events.
CONTACT: Redwood Group International
Investor Relations
investors@redwoodgroupint.com
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