SOURCE: Ronn Motor Company

Ronn Motor Company

January 19, 2010 09:10 ET

Construction Underway for New Ronn Motor Company HQ and Scorpion HX™ Manufacturing Facility

AUSTIN, TX--(Marketwire - January 19, 2010) - Ronn Motor Company (RMC) (PINKSHEETS: RNNM) announced today that construction is well underway towards the completion of its new 76,000 sq. ft. manufacturing facility and company headquarters. This new facility will feature a showroom, 10,000 square feet of executive offices and space for an assembly plant outfitted with state-of-the-art equipment.

Renovation of the building, which began in mid-December, is moving along rapidly. The manufacturing area is expected to be competed and available for the Company to begin moving in by the end of February, with the renovation of the executive offices and showroom scheduled and on target for completion by the end of March. Collectively, the Economic Development Corporation and the City of Marble Falls have budgeted, allocated and funded approximately $2.5 million for the project.

Ronn Maxwell, CEO of Ronn Motors, commented, "This is an exciting time for our company. We are on track to be fully operational by the end of March and in full production of the Scorpion HX™ by the end of April 2010. We will be reconnecting with our client base to confirm existing reservations and to begin taking new reservations for the Scorpion. Each of these confirmed reservations will require an initial deposit of $50,000. We will also be moving some of the distribution of the Ronnzoil line of biodegradable lubricants and the H2GO™ real time hydrogen generation system to our new Marble Falls facility in the 2nd Quarter of 2010."

Headquartered in Marble Falls, 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 "green," eco-responsible technology. These technology systems include Hydrogen Fuel, Fuel Cells, and Plug-in Electrics and will be incorporated into our automobiles to be made available for aftermarket applications. Our products, coupled with RMC's core values of a strong sense of ethics, environmental sensitivity and premium quality, position the company as one of the new leaders in an automotive industry transitioning toward fuel efficiency. For more information, please visit

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.

Contact Information

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    Ronn Motor Company