SOURCE: Ronn Motor Company

Ronn Motor Company

April 27, 2009 09:00 ET

First H2GO™ Real Time Injection Systems From Ronn Motor Company Installed on Frigette Energy System Vehicles

AUSTIN, TX--(Marketwire - April 27, 2009) - Ronn Motor Company, Inc. (PINKSHEETS: RNNM) announced today that it has finalized testing and final production design for its new H2GO™ real time injection system. Executives from Frigette Energy Systems and Ronn Motors will conduct evaluations this week in preparation for a preliminary focused manufacturing and distribution roll-out to the general public.

Ronn Maxwell, CEO of Ronn Motor Co., stated, "The initial phase roll-out will consist of certain families of Ford vehicles, and over-the-road 18 wheelers from the fleet of RJ Pipkin Company, Ltd. and the fleet of RBX Management Corp., Independent Fleet Owner and Contractor to FedEx Ground. Automobile installations will primarily be installed through our AAMCO transmission owner association affiliates."

H2GO™ is adaptable to any internal combustion piston engine vehicle including the more than 250 million registered vehicles on American roads alone. The H2GO™ system is ideal for over-the-road fleet trucks and RVs, as well as prop aircrafts and boats and can generate substantial savings for fleet vehicle operators.

Mr. Maxwell added, "We believe that our H2GO™ system presents a tremendous value-added opportunity for Ronn Motors. If we are able to install our H2GO™ product in 1/2 of 1% of all American cars and trucks on the road today, we could realize sales of 1.5 million units. We have geared our production capacities with Frigette Energy Systems to meet that anticipated demand. If we are able to achieve this level of market penetration, we believe that United States CO2 emissions could be reduced by millions of tons each year, saving business and consumers money and reducing our dependence on foreign oil. Clearly, there would be a significant benefit to our environment as well."

To meet the demand and market expectations, and to emphasize the importance of their entry into the environmentally friendly, alternative energy industry, Frigette has created a new division. This new division, Frigette Energy Systems, is being specifically established for the distribution of the H2GO™ system and other Ronn Motor Company products which now include the new environmentally friendly, non-petroleum based, bio-degradable Ronnzoil products. Frigette Energy Systems plans to be in full production with the H2GO™ system by the end of May 2009.

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.

Contact Information

  • Ronn Motors Investor Relations Contact:
    The Eversull Group, Inc.
    Jack Eversull
    972-378-7917
    972-378-7981 (fax)
    Email Contact

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