Skybridge Technology Group (SKGO) Secures Financing to Merge with Textraw <br /> The company is providing this update to its followers as a courtesy <br /> Henderson, NV – January 26, 2011 – Skybridge Technology Group Inc. (SKGO; <br /> www.skybridgetechgroup.com) believes that it has secured the necessary financing required to <br /> close its merger with Georgia-based Textraw International. <br /> An official news release will follow. <br /> SKGO announced on October 5, 2010 that it was courting Textraw as a potential merger <br /> candidate. Merger proceedings had been delayed due to arranging satisfactory non-stock <br /> and/or stock-collateralized loans or other financial instruments to close the transaction. These <br /> issues have now been solved and the funds will be advanced to SKGO in instalments over the <br /> next several months for the purpose of closing the merger. <br /> SKGO president Jeffrey Burns said: “Both SKGO and Textraw’s management teams see great <br /> potential in this merger and believe that combining these two green companies and their <br /> innovative creations will produce a winning formula for success in the fast growing market for <br /> environmentally friendly products. The merger will expand operations, increase revenues and <br /> should also result in enhanced shareholder value.” <br /> Textraw is a synthetic pine straw made with recycled polypropylene from post-consumer scrap <br /> recovered from plastic milk bottles. It looks identical to fresh, natural straw and maintains its <br /> color and fresh appearance for many years, eliminating the need for biannual replacement. <br /> Since Textraw does not decompose, but maintains soil breathability, it does not create a <br /> problematic pest-attractive environment and is free of weed seeds, mold spores and mildew. <br /> This revolutionary new product designed for landscaping has a much higher burn temperature <br /> than natural pine straw and is therefore considered a much safer alternative to the real thing. A <br /> number of southern American states have reevaluated building codes to restrict the use or <br /> storage of pine straw in proximity to buildings because of its risk as a fire hazard. <br /> SKGO operates a United States-based green energy company called Shot In The Gas <br /> (www.shotinthegas.com) that creates products which significantly lower gas consumption and <br /> gas emissions. <br /> Details of various operational matters will be released as they become available via filing <br /> services of OTC Markets and our IR Support Suite web site. <br /> SKGO management asks its followers to follow these two web sites for further updates as the <br /> company intends to continue providing timely and relevant updates.