SOURCE: Manthey Redmond Corp

July 27, 2011 08:00 ET

Manthey Redmond Corp. to Launch U.S. Trucking Initiative

LOS ANGELES, CA--(Marketwire - Jul 27, 2011) - Manthey Redmond Corp. (OTCBB: MHYR), a World leader in internal combustion engine design, today announced that it will launch a U.S. trucking initiative designed to dramatically enhance the fuel economy of commercial and industrial trucks across America.

The initiative will involve the production of a special purpose engine utilizing MRC's patentable "Multi-fire" technology. This technology has already delivered results and field testing of the technology in class 3 trucks (Gross Vehicle Weight Rating of above 10,000 pounds) is underway.

Manthey Redmond Corp. is excited to embark upon the development of a special purpose engine for the heaviest classes of American commercial trucks (vehicles with a Gross Vehicle Weight Rating above 22,000 pounds) and are confident that the superior power-to-weight performance of its special purpose engine will yield dramatic enhancements in fuel economy.

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Pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, this press release contains forward-looking statements that reflect our estimates, expectations and projections about our future results, performance, prospects and opportunities. Forward-looking statements include all statements that are not historical facts. These statements are often identified by words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "plan," "may," "should," "will," "would" and similar expressions. These forward-looking statements are based on information available to us and are subject to numerous risks and uncertainties that could cause our actual results, performance, prospects or opportunities to differ materially from those expressed in, or implied by, the forward- looking statements we make above. The discussion in the section "Risk Factors" contained in our Securities and Exchange Commission (SEC) filings highlight some of the more important risks identified by management but should not be assumed to be the only factors that could affect our future performance. Additional risk factors may be described from time to time in our future filings with the Securities and Exchange Commission (SEC). Accordingly, all forward-looking statements should be evaluated with the understanding of their inherent uncertainty. You should not place undue reliance on any forward-looking statements.

Contact Information

  • Michael Johnston
    Manthey Redmond Corporation
    10940 Wilshire Blvd, Suite 1600
    Los Angeles, CA 90024
    tel. 310.443.4116