SOURCE: Gold River Productions, Inc.

March 28, 2011 09:15 ET

Gold River Productions Inc. (PINKSHEETS: GRPS) Taps Into $3 Billion Market Place for Its Transportation Industry Patent

SALT LAKE CITY, UT--(Marketwire - March 28, 2011) - John Ohlin, President and Chief Executive Officer of Gold River Productions Inc. (PINKSHEETS: GRPS) commented today that, "when our Monocoque, Chassis-less, Transportation Vehicle Patent is combined with our award-winning thermoplastic materials, a wide variety of towed transportation vehicles (utility-horse-recreation trailers), as well as truck bodies and delivery van bodies, can be produced that are 40% to 60% lighter than products made of typical sheet and post construction.

"Not only will these products save our customers in fuel costs due to the weight savings, but maintenance costs will be reduced, as these materials are highly impact resistant and durable and are impervious to water and most chemicals.

"These segments of the transportation industry have revenues that are estimated to be in excess of $3.0 billion, annually. Our technology and products will redefine the market for light-weight transportation vehicles by ensuring greater performance than anything on the market today. Some of our clients have been: Fleetwood Enterprises, Great Dane Trailers and Western Star Trucks," he said.

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Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the company's actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financing and other risks.

Contact Information

  • Contact:
    Mr. John Ohlin