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Ronn
Motors: Stringing Successes Together
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Dear Reader,
Over the past few weeks we've been privileged to monitor the ascent
of Ronn Motor Co. (Pink Sheets: RNNM), a company that we believe
is building the better mousetrap at the perfect time. As we've expressed
over that duration, Ronn continues to impress us with their ability to
close major deals and create major events, forcing the alternative fuel
and exotic sports car world to take notice. In this brief span Ronn Motor
Co. has had Arnold Schwarzenegger drive their Scorpion hybrid vehicle AND
lined up one of the most respected parts dealers in the country for a distribution
agreement. Now, the company has hit the trifecta of news, announcing field
training with select AAMCO dealers for their H2GO Hydrogen Injection System
for existing vehicles.
It's hard not to view these events in the collective, calling the grouping
of successes a real launch of the company. Clearly, Ronn has created separation
from a pack of automotive and alternative fuel dreamers who will never
hold a meeting with a superstar governor or land a distribution agreement
with one of the better names in the business. This alone, should give you
reason to put RNNM on your watchlist and to review today's news release
below.
Investors can view a Ronn Motor Co. company snapshot at:
www.IntegrityIR.com/RNNM
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*** BREAKING News from RNNM *** |
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Press Release Source: Ronn Motor Company
Ronn Motor Company to Begin Field Training With Select
AAMCO Dealers for the Installation of the Proprietary H2GO(TM) Hydrogen
Injection System
AUSTIN, TX----Mar 24, 2009 -- Ronn Motor Company, Inc. (Other OTC:RNNM.PK) announced today it will begin training in April 2009 for installation procedures
for its proprietary H2GO(TM) hydrogen injection system at select AAMCO
transmission locations in the Houston, Austin, Ft. Worth, New Orleans and
Phoenix areas. Ronn Motors will be working closely with Doug Watkins, owner
of four Houston franchises, and other AAMCO owners and association members.
Together, they will finalize installation procedures and packaging for
its real-time H2GO(TM) hydrogen injection system.
Ronn Maxwell, CEO of Ronn Motors, stated, "This will initiate a rapid
roll out of our H2GO(TM) system across the nation through Frigette Energy
System's massive distribution network. We view this as the launching pad
for H2GO(TM) to transcend the U.S., ultimately becoming a consumer must-have."
Doug Watkins, Owner of Drive Train Services Inc., a major franchisor
of AAMCO Transmissions, commented, "AAMCO Transmissions currently has 915
locations nationwide with plans to open an additional 60 centers this year.
While I cannot commit all 915 locations to installation, as we are individually
owned and operated, I feel confident that working through the Owners Association,
AAMCO could be one of the top performers in sales and installation for
the H2GO(TM) systems."
Watkins continued, "It is our belief that based on a 2 hour installation
time, we could have installations as high as 10 units per week assuming
two units a day per store. If we estimate that a modest participation level
of 50% of all stores, estimated sales and installations would approach
54,840 units per quarter. This is an estimate only and is based on several
variables that have not been fully determined yet. If the H2GO(TM) system
performs as expected, we think franchisor and public acceptance of the
H2GO(TM) system will support these estimates and they may turn out to be
conservative."
AAMCO Transmissions is in the transmission repair business. The company
is a leading franchiser of transmission fix-it facilities with about 900
independently owned and operated shops throughout the US, Canada, and Puerto
Rico. Along with transmission work, AAMCO stores provide automotive cooling
and electrical system repairs, as well as other general maintenance services.
Headquartered in Horseshoe Bay, Texas, Ronn Motor Company, Inc. is a
design and manufacturing company focused on the leading edge engineering
of environmentally friendly, finely built premium automobiles and technology.
These systems include Hydrogen Fuel, Fuel cells, and Plug in-electrics.
These features, coupled with RMC's core values of a strong sense of ethics,
environmental sensitivity and premium quality, positions the Company as
one of the new leaders in an automotive industry transitioning toward fuel
efficiency. For more information, please visit www.ronnmotors.com.
This release contains forward-looking statements that reflect Ronn Motor
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.
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Contact |
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For More Information:
Ronn Motor Company
4305 FM 2147 W
Horseshoe Bay, Texas 78657
E-mail: info@ronnmotors.com
Telephone: 888-460-0960
www.ronnmotors.com
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Inc. (IMI). The information, opinions and analysis contained herein
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performance is no guarantee of future results. This report is a paid advertisement
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