Expanded Capacity Rough Terrain Vehicle Added to Line-up
HENDERSON, Nev., May 31, 2007 (BUSINESS WIRE) --
Rhino Outdoor International, Inc. (OTCBB: RHOI), which operates outdoor activity based businesses, including wholly owned subsidiary Rhino Off-Road Industries, Inc., released design plans for its expanded capacity, 4-seat model Rhino Off-Road RTV(R) that is being added to its product line-up. The new RR-RTV4 has seats for four passengers, or with the rear seats removed, has the capacity to carry a variety of emergency equipment, including a 300 gallon tank for fire retardant. Designed initially to fulfill the needs of emergency and rapid response crews to access remote, off-highway locations, the RR-RTV4 platform will also be available in a consumer version that is ideal for family off-roading activities.
The latest addition to the Rhino Off-Road family of innovative vehicles captures aspects of the original sport version of the Rhino Off-Road RTV in an expanded configuration. This version provides seats for four passengers, or the additional space can be utilized to carry gear or auxiliary equipment. The wheelbase has been extended by 28 inches to 130 inches and detachable side doors have been included in the design. The first prototype of the vehicle is currently being assembled at the ROI R&D plant in Henderson, Nevada and is scheduled for field testing within the next 60 days.
"This RTV has been designed for the needs of rapid response providers," stated Pat Stimpson, marketing consultant to ROI. "Fire fighters and law enforcement officers who work in off-road, rough terrain environments have told us that they need a vehicle with the 'go anywhere' capabilities of the Rhino RTV - but need more capacity to carry special equipment and additional personnel - the RR-RTV4 is a great solution." For more information on the RR-RTV4 and other Rhino Off-Road products visit www.RhinoBrands.com.
About Rhino Off-Road Industries
Rhino Off-Road Industries is the manufacturer of the innovative Rhino Off-Road Rough Terrain Vehicle (RTV). The RTV was designed for active, outdoor oriented families and individuals wanting to experience off-road adventure in virtually any off-road terrain. The Rhino RTV has added a new dimension to wilderness adventure tours and created a new category in the growing off-road rental industry. The company is also developing a Rapid Response RTV that will be available later this year. The dependable and affordable Rhino Off-Road RTV is manufactured in Henderson, NV. For more information please visit the ROI website at www.RhinoBrands.com.
Cautionary Statement for the Purpose of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: Forward-looking statements in this news release are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Certain important factors could cause results to differ materially from those anticipated by the forward-looking statements, including the impact of changed economic or business conditions, the impact of competition, the success of existing and new product releases, the management of our growth, other risk factors inherent in the outdoor recreation, Internet, and media industries and other factors discussed from time to time in reports filed by the company with the Securities and Exchange Commission.
SOURCE: Rhino Outdoor International, Inc.
Redwood Consultants, LLC Jens Dalsgaard, 415-884-0348 InvestorInfo*RedwoodConsultants.com or Taylor Capitol, Inc. Stephen Taylor, 973-351-3868 STEPHTAYL9*AOL.COM
Copyright Business Wire 2007
-------------------- PREPARE TO BE BOARDED Posts: 742 | From: SOUTH CARRIBEAN | Registered: Mar 2006
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It looks like it might be time to jump in again soon. I was in at the .06 range and sold at .195 on the last nice run. Lets do that again. I will be watching!
Posts: 316 | Registered: Oct 2005
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I'm pleasantly surprised. I bought in at .05 and it dropped to .03 or whatever, I essentially wrote it off as a dilution loss. Nice to see it get back up. I only have 20,000 shares though, had gotten a partial fill one day and canceled it at market close.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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Piss me off! I went to place an order for 100K at .025 and my broker would not allow me to do an online order and I was busy at work and am next to the president so I couldn't just give them a call. I missed this one and man did my broker get a nasty message. Dick heads. Congrats and good luck to you guys though!
Posts: 316 | Registered: Oct 2005
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yeah nice close at .10 ,, the beach really , i had flipped for freebes at .06 so i'm stayin in for now , but the beach ahh the beach , funny thing is i am going to the beach next week too , , yippie , good luck to all
-------------------- PREPARE TO BE BOARDED Posts: 742 | From: SOUTH CARRIBEAN | Registered: Mar 2006
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When the first delivery of the off road vehicle is made to the marketing outlets this stock should fly. Looking at .25 plus.
Posts: 1 | From: Coventry UK | Registered: Jun 2007
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HENDERSON, Nev.--(BUSINESS WIRE)--Rhino Outdoor International, Inc. (OTCBB: RHOI - News), which operates outdoor activity based businesses, including wholly owned subsidiary Rhino Off-Road Industries, Inc., is pleased to report that Hebei Sida Industry Group (HSIG), ROI's sales and manufacturing partner in China has reached significant milestones as they prepare the assembly and manufacturing facility for production of the Rhino Off-Road Rough Terrain Vehicle. Howard Pearl, CEO and President, recently returned from China and reports that key manufacturing equipment is in place and materials and parts are in the process of being sourced. ADVERTISEMENT
"I'm happy with the progress we've made at the facility in Handan and can report we are pretty much on schedule to produce the first RTV in China before the end of November for the December trade show in Beijing," stated Mr. Pearl. "The production floor is set up, equipment is operational and technicians are working through the various manufacturing and assembly processes." Design and engineering staff from headquarters in Henderson, Nevada are scheduled to travel to Handan in the next few weeks to supervise and train the team in Handan as they assemble their first vehicles."
HSIG has placed an initial order for 1000 RTVs over the next three years as part of the agreement with ROI. The company plans to introduce the Rhino Off-Road RTV to the Asian market at iOffroad Asia in December of 2007. The convention is setting new standards in China with some top American manufacturers exhibiting their products for the first time in Asia. The market for off-road vehicles in China has quadrupled over the past 5 years and is growing at over 18% per year. iOffroad Asia is an international exhibition of off-road vehicles which will be held at the China World Trade Center in Beijing, December 4th - 8th 2007. For information on the show visit www.ioffroadasia.cn .
Rhino Off-Road Industries continues to produce vehicles at the company's R&D and assembly factory in Henderson, Nevada to meet demands for US made product.
About Rhino Off-Road Industries
Rhino Off-Road Industries is the manufacturer of the innovative Rhino Off-Road Rough Terrain Vehicle (RTV). The RTV was designed for active, outdoor oriented families and individuals wanting to experience off-road adventure in virtually any off-road terrain. The Rhino RTV has added a new dimension to wilderness adventure tours and created a new category in the growing off-road rental industry. For more information please visit the ROI website at www.RhinoBrands.com.
Cautionary Statement for the Purpose of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: Forward-looking statements in this news release are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Certain important factors could cause results to differ materially from those anticipated by the forward-looking statements, including the impact of changed economic or business conditions, the impact of competition, the success of existing and new product releases, the management of our growth, other risk factors inherent in the outdoor recreation, internet, and media industries and other factors discussed from time to time in reports filed by the company with the Securities and Exchange Commission.
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