posted
This is over .10 but so is XSNX, so what the heck. News yesterday:
August 01, 2006 08:00:29 (ET)
RIO DE JANEIRO, Brazil, Aug 01, 2006 (BUSINESS WIRE) -- Automotive technology firm Rotoblock Corporation (ROTB, Trade) has signed a development and license agreement with Brazilian automotive company OBVIO ! for the development and incorporation of a more compact Oscillating Piston Engine into the OBVIO ! 828, 012 and subsequent models.
OBVIO ! has agreed to license Rotoblock's technology for the Oscillating Piston Engine (OPE) in exchange for US$5,000,000 (Five million US Dollars), paid through a royalty agreement on each unit sold. Rotoblock would receive additional royalties after terms of the initial agreement have been met. OBVIO ! is in the process of manufacturing two microcars powered by traditional internal combustion engines and OBVIO ! officials are interested in the OPE's ability to be incorporated into an ethanol hybrid drive train projected for production.
"The business plan laid out for Rotoblock was to develop the Oscillating Piston Engine to a point where we could start generating revenue by licensing the technology," said Rotoblock President Matthias R. Heinze. "Our new venture with OBVIO ! has allowed us to reach this milestone."
Rotoblock says that the second generation of the OPE was constructed as a test model and would necessitate joint efforts with OBVIO ! to develop a more compact engine suitable for hybrid applications.
"The third generation OPE would be lightweight and compact enough for hybrid applications," said OBVIO ! President Ricardo Machado. "Its small size opens the engine compartment to the availability of additional battery space. We think the result will be a microsports car with a lot of muscle and the fact that the OPE can also use ethanol makes the engine the ideal candidate."
OBVIO ! calls its unique automotive designs microcars, small enough to park two to a normal parking space, or short enough to back into parallel parking spot. Bench seating allows room for three adult passengers. i-Mobile would supply an on-board multi-function computer, providing personal computing, GPS satellite navigation, satradio, Internet, e-mail and multimedia functions. Enhanced safety for the microsport cars uses an innovative elliptical ring structural design derived from aeronautical crash management technology.
About OBVIO !
OBVIO ! Automotoveiculos S.A. is a new developer and manufacturer of high-safety and high-performance automobiles in Rio de Janeiro, Brasil. OBVIO ! has assembled a network of strong suppliers to incorporate the latest advances in automotive engineering into a new generation of automobiles that meets the challenges of today's urban driving environment. OBVIO ! is setting up a five million square foot manufacturing facility in Xerem at Duque de Caxias city, in the state of Rio de Janeiro. Under the direction of OBVIO !'s chief design partner, Anisio Campos, the premier car designer in Brasil and a former racing driver, OBVIO ! cars incorporate many state-of-the-art composite technologies, materials and features for urban cars that are fun and efficient. About Rotoblock Corporation
Rotoblock is focused on the continued development and improvement of the Oscillating Piston Engine to the state where its mechanical, ecological and economic viability leads to the profitable licensing of the manufacturer's rights to a proprietary patented design or a partnership for its manufacture. The Company was incorporated in Nevada, is headquartered in Santa Rosa, California. The Company has full rights to the patents of the original Oscillating Piston Engine and believes the Rotoblock Oscillating Piston Engine has particular and useful applications in developing countries such as China and India and will be including these areas in the marketing and commercialization phase of this engine. Visit Rotoblock's corporate website for details about the company, technology, and regulatory filings.
Finally getting some volume and rise this morning. Low float and I think this has got to go up from this bottom on such news!
-------------------- It is better to be thought a fool than to speak and remove all doubt.
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Rotoblock (OTCBB: ROTB) Announces Letter of Intent Agreement WithAutomotive Component Pioneer Autocraft Industries to Jointly Developan Energy Efficient Propulsion System for On- and Off-Road Vehicles
Nov 14, 2006 08:30:35 (ET)
SANTA ROSA, CA, Nov 14, 2006 (MARKET WIRE via COMTEX) -- Rotoblock (ROTB, Trade ) announces today in its quest to evaluate, test and combine various components to arrive at more energy efficient propulsion systems and power trains for on- and off-road vehicles, a proposal for collaboration between the two companies for the purpose of adapting the NuVinci Continuously Variable Transmission (CVT) into the following phases of development.
Phase 1- Electric all terrain vehicle (to increase torque and efficiency)
Phase 2- Electric car, to improve acceleration abilities and possibly provide an overdrive
Phase 3- Incorporation of the NuVinci CVT into OBVIO! Vehicles, a manufacturer of high performance micro cars powered by internal combustion engines, hybrid systems or electric drives.
The market for such vehicles is vast and Rotoblock is now engaged with numerous companies in an endeavor to evaluate and eventually incorporate energy efficient propulsion systems. Rotoblock Corporation is very pleased with the potential of the NuVinci transmission and the never before seen simplicity it has to offer. "Our effort in developing a better power train begins by combining an engine with a simple, highly efficient and easy controllable/governable transmission. We believe the NuVinci Transmission offers the most prominent solution we have discovered yet. We are very excited about the new technology and its tremendous potential," says Matthias Heinze, president of Rotoblock Corporation. Sale forecasts for electric on- and off-road vehicles call for approximately 5,000 vehicles for 2007.
About Autocraft Industries -- Autocraft Industries became a supplier of FQR transmissions, producing more than 90,000 units during the first year. As volumes grew, the company built a dedicated facility to handle the increased demand. Since then, they have produced more than 500,000 FQR transmissions. Autocraft Industries became the first company in Oklahoma to obtain the rigorous QS-9000 quality certification in December 1996, followed by Ford's Q-1 certification in March 1997. Autocraft Industries has extensive experience manufacturing automotive components. As a full-service manufacturing supplier to leading OEMs Autocraft Industries provides expertise in the following areas: engineering, manufacturing, root cause analysis, core management, customer service information systems and distribution.
About Rotoblock Corporation -- Rotoblock in its expanded mandate is focused on the development of leading-edge power train technologies and the further improvement of the Oscillating Piston Engine. Although Rotoblock has already signed a licensing agreement with OBVIO! Brazil, the company continues to improve the performance of the engine, which will lead to additional and profitable licensing and/or partnerships for its manufacture. The company was incorporated in Nevada and is headquartered in Santa Rosa, California. The Company has full rights to the patents of the Oscillating Piston Engine and believes the Rotoblock Oscillating Piston Engine has useful applications in an endless number of areas where its powerful, light-weight and efficient design are sought after attributes. Visit Rotoblock's corporate website for details about the company, technology, and regulatory filings.
Investor Relations Contact Tony R. Collins (877) 511-0110
-------------------- It is better to be thought a fool than to speak and remove all doubt.
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ew Featured Alternative Transportation Technology Companies ReduceGreen House Gas Emissions and Address Global Warming
Nov 15, 2006 09:00:42 (ET)
POINT ROBERTS, WA and DELTA, BC, Nov 15, 2006 (MARKET WIRE via COMTEX) -- www.*********************.com and www.EnvironmentStocks.com , leading investor and industry portals for the renewable energy and cleantech sector, announce advanced alternative transportation developers ZAP (ZAAP, Trade ) and Rotoblock Corporation (ROTB, Trade ) as new featured companies. With a focus on reducing harmful emissions and increasing efficiency as they continue to develop and refine their technology offerings, both ZAP and Rotoblock offer clean tech alternatives for consumer vehicles.
With the recent U.S. election resulting in the Democratic Party winning control of Congress, many expect that issues such as reducing green house gas emissions and strengthening energy independence will become even greater legislative priorities moving forward. With the majority of the oil used in the United States being attributed to the transportation sector, alternative clean transportation technology has become a priority for protecting the environment, lowering energy prices and reducing the nation's dependence on foreign oil.
Despite the recent decline in gasoline prices, fuel costs remain high, which continues to drive the demand for high-efficiency and cost-effective vehicles. Providing consumers with alternatives is ZAP! (Zero Air Pollution(R)) (ZAAP, Trade ), a developer of advanced transportation vehicles such as electric, fuel cell and hybrid cars, in addition to electric bicycles, scooters and seascooters. ZAP is the only company to market and sell their electric vehicles online, enabling them to take advantage of the global market for clean alternatives. According to the Company, ZAP vehicles can reduce CO2 emissions by more than 90 percent compared to internal combustion vehicles, even counting the emissions from fossil-fueled power plants.
"We believe electricity is the fuel of the future. With electricity to power our transportation, our world can tap into renewable resources like hydroelectric, solar, wind, or geothermal power, resources that lessen our environmental footprint. Furthermore, studies show that millions of electric vehicles can recharge at night using existing surplus electrical generation, a vast, virtually untapped resource," describes ZAP Chief Executive Officer Steven Schneider.
Rotoblock Corporation (ROTB, Trade ), a technology development company specializing in advanced propulsion systems, is focused on the continued development and improvement of its patented energy efficient and environmentally friendly, Oscillating Piston Engine (OPE), which releases significantly reduced emissions into the atmosphere even with regular fuels.
In addition, the Rotoblock engine is up to 50% lighter than traditional combustion engines, and is simpler to assemble, maintain and repair, making it a highly adaptable design for a wide variety of uses and sizes. The Company's strategy is to continue to develop this proprietary technology to pursue licensing opportunities with particular focus on satisfying market needs within India and China where infrastructures are not yet fully developed, and the ease of maintenance and repair of the Oscillating Piston Engine will be a key advantage.
This past summer, Rotoblock signed a development and license agreement with Brazilian automotive company OBVIO! Automotoveiculos S.A., for the development and incorporation of a more compact OPE for use with various OBVIO! models. The terms of the agreement provides Rotoblock with $5,000,000 million paid through a royalty structure on units sold. OBVIO! is aiming to incorporate the Rotoblock engine into an ethanol hybrid drive train.
ZAP! is the exclusive North American distributor of OBVIO! alternative vehicles, which will be coming to market in 2008, complimenting the Company's existing portfolio of electric and hybrid transportation technology.
-------------------- It is better to be thought a fool than to speak and remove all doubt.
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Rotoblock to Be Featured at San Francisco International Auto ShowNovember 18th-26th 2006
Nov 20, 2006 12:46:49 (ET)
SANTA ROSA, CA, Nov 20, 2006 (MARKET WIRE via COMTEX) -- Rotoblock Corporation (ROTB, Trade ) is pleased to announce that the Oscillating Piston Engine (OPE) will be featured at the San Francisco International Auto Show from November 18th through 26th. With more than 800 vehicles from over 40 manufacturers, the 2007 International Auto Show will feature exhibits of the most lucrative and innovative advancements in automotive technology today. Rotoblock will be featuring an electric powered first generation prototype. With crankcase casing and cylinder head removed, the public will be able to view the OPE's internal combustion sequence, powerstroke and crankcase assembly in motion to better understand the second generation engine's potential as the next generation of combustion engines.
With a recent licensing agreement, sharing space with Rotoblock at the show will be OBVIO! Brazilian Automaker displaying the 828 and 012 prototypes. OBVIO! calls its unique automotive designs microcars, small enough to park two to a normal parking space, or short enough to back into parallel parking spot. Bench seating allows room for three adult passengers. i-Mobile, who will also be attending the show, will supply an on-board multi-function computer, providing personal computing, GPS satellite navigation, satellite radio, Internet, e-mail and multimedia functions.
About Rotoblock Corporation -- Rotoblock in its expanded mandate is focused on the development of leading-edge power train technologies and the further improvement of the Oscillating Piston Engine. Although Rotoblock has already signed a licensing agreement with OBVIO! Brazil, the company continues to improve the performance of the engine, which will lead to additional and profitable licensing and/or partnerships for its manufacture. The company was incorporated in Nevada and is headquartered in Santa Rosa, California. The Company has full rights to the patents of the Oscillating Piston Engine and believes the Rotoblock Oscillating Piston Engine has useful applications in an endless number of areas where its powerful, light-weight and efficient design are sought after attributes. Visit Rotoblock's corporate website for details about the company, technology, and regulatory filings.
-------------------- It is better to be thought a fool than to speak and remove all doubt.
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