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Came across this deal last week. It looks nice. Any thoughts?

Metalcrafters to Engineer Composite Body for Ronn Motor's Hydrogen Hybrid Scorpion

Composite Body and Components to Be Engineered by Award Winning Company for Ronn Motor Company's Scorpion, the Hydrogen Hybrid Eco-Exotic

AUSTIN, Texas, Aug 04, 2008 (BUSINESS WIRE) -- Ronn Motor Company, Inc. (RMC) (Pink Sheets:RNNM) announced today that it has signed a contract with Gaffoglio Family Metalcrafters, Inc. of California www.metalcrafters.com for the composite body tooling, engineering and detail work for RMC's exciting hydrogen-hybrid eco-exotic premium sports car, "Scorpion," in preparation for the November 2008 unveiling in Las Vegas. Ronn Maxwell, President and CEO of RMC, says, "We look forward to a symbiotic relationship in which Metalcrafters' unparallel precision fabrication and production capabilities matches our leading edge design and production needs as we move closer to full scale production of the "Scorpion(TM)".

Metalcrafters is world renowned for their signature quality in manufacturing prototype and concept vehicles. They have been in business for nearly three decades and have developed a world renowned reputation in their pursuit of perfection in automotive and aircraft body and component part engineering for clients such as Bentley(TM) and Porsche(TM) to exotic, one of a kind designs by noted automotive designers such as Chip Foose Design(TM). Their 130,000 sq.ft. facility contains everything that is necessary for the composite body engineering and production needed for RMC's "Scorpion" supercar.

George Gaffoglio, CEO of Metalcrafters says, "Metalcrafters world class production and machine capabilities, augmented by the use of CATIA computer modeling, will allow Ronn Motor Company to meet its quality standards within its budgetary expectations. The relationship between Metalcrafters and RMC is one that will straddle the worlds of functional art and modern precision engineering. With RMC, we will have created a vehicle that is on the leading edge of the next generation of exotic automobiles."

About Ronn Motor Company, Inc. (RNNM)

Ronn Motor Company, Inc. is a design and manufacturing company focused on leading edge design, environmentally friendly, finely built premium automobiles, balancing stunning looks and performance with eco responsible alternative power systems. These systems include Hydrogen Fuel, Hydrogen on Demand, Fuel cells, and Plug in-electrics, will be developed on our own vehicle platforms and sold commercially. Coupled with Ronn's core values of a strong sense of ethics, environmental sensitivity and premium quality for discriminating tastes and unsurpassed customer service and support will place us among the leaders as the automotive industry begins a new transitional phase into the future.

This release contains forward-looking statements that reflect Ronn Motor Company's (the "Company") plans and expectations. In this press release and related comments by Company management, words like "expect," "anticipate," "estimate," "forecast," "objective," "plan," "goal" and similar expressions are used to identify forward-looking statements, representing management's current judgment and expectations about possible future events. Management believes these forward-looking statements and the judgments upon which they are based to be reasonable, but they are not guarantees of future performance and involve numerous known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements.

SOURCE: Ronn Motor Company, Inc.

CONTACT: Ronn Motor Company, Inc., Austin
Cathy Conley, 512-923-9806
cathy*prolinkplanet.com
or
Tim Stallard, 512-576-4796
tim*prolinkplanet.com

Posts: 94 | From: San Diego | Registered: Oct 2007  |  IP: Logged | Report this post to a Moderator
   

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