SOURCE: Las Vegas Railway Express, Inc.

Las Vegas Railway Express, Inc.

August 07, 2012 09:30 ET

Las Vegas X Train Chooses "Green" R&O Construction Company

LAS VEGAS, NV--(Marketwire - Aug 7, 2012) - Las Vegas Railway Express, Inc. (X Train) (OTCQB: XTRN), the company building a luxury passenger train with planned rail service between Southern CA and Las Vegas, announced today the selection of R&O Construction as the general contractor for the X Train's Las Vegas Station. R&O Construction is a national general contractor firm. It has a long-standing record of award-winning work including: achieving LEED Silver, Gold and Platinum Certifications for their projects and for their ongoing work in safety.

"Our goal in selecting our general contractor was to make sure that the company we chose has both the necessary capabilities and an outstanding reputation within our community. In addition to these qualities, R&O has a long term commitment to green building practices and safety that really impresses us," said Mike Barron, President/CEO of the Las Vegas Railway Express.

R&O Construction's responsibilities for the X Train's Las Vegas Station include: assembling a project team, choosing subcontractors, evaluating design for budget and time considerations, providing cost estimates, meetings with subcontractors, creating itemized schedules, monitoring daily subcontractor performance and transitioning from construction to occupancy.

"It is going to be such a great asset for both the City of Las Vegas and the residents of California to be able to ease the congestion in both our two great states," says Chet Opheikens, Business Development and Principle of R&O Construction. "It is going to be an economic boom."

About Las Vegas Railway Express, Inc.

Las Vegas Railway Express, Inc. has been planning for the establishment of a "Vegas Class" passenger train service between Los Angeles and Las Vegas since early 2009. Service departures are planned to be Thursday and Friday to Las Vegas with returns on Sunday back to Los Angeles. An introductory price of $99 each way includes Vegas Class accommodations and all-inclusive food & beverage. In addition, the X Train will also offer the ability for its passengers to book hotel rooms, transportation transfers, entertainment & show tickets and other travel incidentals. For more information, please visit the Company website at http://www.vegasxtrain.com.

Statements in this press release other than statements of historical fact, including statements regarding the company's plans, beliefs, and estimates as to projected market size are "forward-looking statements." Such statements are subject to certain risks and uncertainties, including factors listed from time to time in the company's SEC filings, and actual results could differ materially from expected results. These forward-looking statements represent the company's judgment as of the date of this release. The company disclaims, however, any intent of obligation to update these forward-looking statements.

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