SOURCE: RMD Technologies, Inc.

April 06, 2011 09:00 ET

RMD Technologies Engages The McGeary Law Firm to Bring Company to Current Reporting Status

SAN MARCOS, CA--(Marketwire - April 6, 2011) - RMD Technologies, Inc. (PINKSHEETS: RMDT) is pleased to announce that the Company has retained The McGeary Law Firm to bring RMD Technologies, Inc. to Current Reporting Status with OTCMarkets.com.

The McGeary Law Firm, P.C. is a sole proprietorship of Aaron D. McGeary. Admitted to the State Bar of Texas, Mr. McGeary focuses in the areas of Securities, Corporate Finance, Mergers and Acquisitions, Rule 144 Opinions, Section 4(1) Sales, Corporate Law, and Business Law.

The firm assists clients in connection with public offerings, private placements, start-up formation, venture capital, and various general corporate and securities law matters. The firm also provides legal services to securities professionals such as investment advisers and transfer agents. The McGeary Law Firm will be assisting the Company to:

  • Post an Initial Company Information and Disclosure Statement, pursuant to Section One of the Guidelines for Providing Adequate Current Information through the OTC Disclosure and News Service. Financial statements from the most recent quarter end as well as from the prior two years will be included. Financial statements will be prepared in accordance with US GAAP.
  • Post an Attorney Letter complying with OTC Markets' Guidelines for Attorney Letters with Respect to Adequate Current Information through the OTC Disclosure and News Service.

RMDT Technologies recently announced that the Company has received an order for the delivery of five of its revolutionary new Utility Terrain Electric (UTE) vehicles. The Order has been placed by a Las Vegas company to operate as an hourly rental vehicle for tourists on the Las Vegas "Strip."

The Company's revolutionary new Utility Terrain Electric (UTE) vehicles are being manufactured with a robust ADC Motor, controller and transaxle combination, the Utility Terrain Electric, "UTE" has been specifically designed for years of durable performance. The UTE is the first electric vehicle built using a high percentage of recycled materials, primarily recycled electronic waste. RMD Technologies continues to focus their resources on sourcing only the finest components available for its highly anticipated small electric vehicle.

"We are pleased that the updating of our information is fully underway. We recognize the importance of transparency, and want to assure our shareholders that bringing the company to a current reporting status is of upmost importance. Upon Review, we anticipate the Company's tier on OTCMarkets.com will be elevated accordingly," stated Patrick Galliher, CEO of RMD Technologies, Inc.

RMD Technologies, Inc. has designed its vehicles to qualify for all federal and state purchasing incentives, including the current federal tax credit available under the Energy Improvement and Extension Act of 2008.

About RMD Technologies, Inc.: RMD Technologies, Inc. is a California based business founded in 2001. Since inception, RMDT has provided electronics recycling services to businesses, state and federal agencies. In 2007 RMDT began the development of an alternative energy vehicle using a large percentage of materials recycled from electronic waste. The result is a small electric vehicle design that incorporates recycled materials, clean electric energy and solar power.

Forward-looking Statement:  Notice: Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors including, but not limited to those set forth in the company's filings with the United States Securities and Exchange Commission (available at http://www.sec.gov/). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.

Please Visit Our Website for More Information at: www.RMDT.com

Contact Information

  • For Investor Relations Contact:
    Michael Biddick
    (
    760-356-2039)