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Wednesday, 12/20/2006 9:04:50 AM

Wednesday, December 20, 2006 9:04:50 AM

Post# of 353142
SBTG .0003 Financial report out ...

Press Release Source: SkyBridge Technology Group, Inc.


SkyBridge Technology Group, Inc. 'SBTG' Announces That It Has Released Its Financial Report for Second Quarter
Wednesday December 20, 9:00 am ET


LAS VEGAS--(BUSINESS WIRE)--SkyBridge Technology Group, Inc. (OTC: SBTG - News) Board of Directors has announced today that SBTG has released its financial report for quarter ending 9/30/06.
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Stated James Wheeler, CEO of (SBTG), "We are pleased with our financial report as revenues continue to grow." Revenues for the nine months ending September 2005 were reported as $37,631. Revenues for the nine months ending September 2006 jumped to $144,245, an increase of over 280%. During the same period, cost of revenues declined from $103,000 in September 2005 to $64,628 in September 2006. During the period the company reported assets of $539,871. Wheeler also stated: "SkyBridge will continue to negotiate debt reductions to increase profitability by putting more resources into future growth."

The complete financial report can be found at www.pinksheets.com

Certain Information

Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of STGI officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Certain statements in this news release may contain forward-looking information and are based on Management's current expectations, estimates and projections subject to change. Words such as "anticipates," "expects," "intends," "plans," "targets," "projects," "believes," "seeks," "estimates" and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are beyond our control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. You should not place undue reliance on these forward-looking statements. Unless legally required, the Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. The Company disclaims any information that is created or distributed by any outside party and endorses only information that is communicated by its official Press Releases.



Contact:
SkyBridge Technology Group, Inc., Las Vegas
James Wheeler, 702-897-8704
E-mail: info@sbtginc.com or investor@sbtginc.com
http://www.sbtginc.com
or
Sierra Pacific Aviation
http://www.sierrapacificaviation.com

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Source: SkyBridge Technology Group, Inc.


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