TransferOrbit Corp. (fka TRBI)

[Rich]

http://www.reuters.com/article/pressRelease/idUS175435+10-Feb-2009+MW20090210

SAINT LOUIS, MO, Feb 10, 2009(MARKET WIRE) --
TransferOrbit Corporation (PINKSHEETS: TRBI) (www.transferorbit.biz)
today announced that its Board of Directors has appointed veteran Peter
Rochow to the positions of President, Chief Executive Officer, and
Chairman of the Board, effective immediately. Jorge H. Toro, who was
serving as President and Chief Executive Officer, simultaneously resigned
as President and CEO but will continue in a role as Director.

The appointment of Peter Rochow as President, CEO and Director
significantly strengthens TransferOrbit Corporation's management team as
the Company enters a new stage in corporate development. Peter Rochow will
lead the team at TransferOrbit Corporation to implement a stronger
business and commercialization plan, and tighter revenue-generating
strategies during this new phase of development.

"We are delighted that Peter Rochow is heading the team to lead
TransferOrbit Corporation in this exciting stage of growth and expansion.
His industry expertise in commercialization and business development
complements our current management team and brings a new and more directed
business approach to the Company," said Mr. Toro.

"I am very pleased to be heading the TransferOrbit Corporation team.
TransferOrbit Corporation is in a pivotal stage of its corporate
development, transitioning from a discovery company to a product
development company. I am looking forward to working with the Company's
current management, its dedicated staff, and our team of industry-renowned
associates in a concerted effort to further advance and commercialize our
platform technologies and to build shareholder value," said Peter Rochow.

About Peter Rochow

Mr. Rochow brings 35 years of financial and entrepreneurial experience to
TransferOrbit Corporation. He was the senior partner in a Professional
Accounting Practice specializing in International Tax, Business
Development, Mergers, Acquisitions and Corporate Development.

After the sale of his accounting practice Mr. Rochow continued his
consulting practice and has spent the last 20 years as a financial
consultant and investment banker to publicly traded companies.

Mr. Rochow is managing director of Douglas Park Group, International
Investment Banking. In this position, he was looking for US start up
corporations that had a strong management team, were strategically
positioned to fast track their corporate growth, arrange for corporate
funding, create shareholder value and move the company to a more senior
stock trading platform.

Mr. Rochow is a Certified General Accountant and a member of The Certified
General Accountants' Association of Alberta and The Certified General
Accountants' Association of Canada.

About TransferOrbit Corporation

TransferOrbit, a Florida Corporation, is an electronic intermediary for
money transfer providers. Banks and non-banks use the Company's scalable,
turnkey system of proprietary software and secure network processing to
facilitate the person-to-person transfer of money on a "private label
basis" throughout Latin America. Providers piggyback on the Company's
established network in the United States and 17,000 transfer agents in
countries throughout Latin America.

FORWARD-LOOKING STATEMENTS:

Statements about the Company's future expectations, including future
revenues and earnings, and all other statements in this press release
other than historical facts are "forward-looking statements" within the
meaning of section 27A of the Securities Act of 1933, Section 21E of the
Securities Exchange Act of 1934, and as the term is defined in the
Private Litigation Reform Act of 1995. The Company's actual results could
differ materially from expected results. The Company undertakes no
obligation to update forward-looking statements to reflect subsequently
occurring events or circumstances. Should events occur which materially
affect any comments made within this press release; the Company will
inform the public in a timely and appropriate manner.



Contact:
For More Information on TRBI Contact:
David Loflin
[phone]

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