SOURCE: RMD Technologies, Inc.

November 09, 2010 16:00 ET

RMD Technologies, Inc. Announces the Official Release of its Revolutionary Utility Terrain Electric Vehicle

Introducing the First Ever Utility Vehicle Produced Predominantly of Recycled Electronic Waste

SAN MARCOS, CA--(Marketwire - November 9, 2010) -   RMD Technologies, Inc. (PINKSHEETS: RMDT), is pleased to announce that the Company has completed its first State of the Art Electric Utility Vehicle.

Built with a robust 72 volt ADC Motor, controller and transaxle combination, the "UTE" (Utility Terrain Electric) 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. The vehicle includes the following premium components as standard equipment:

  • General Grabber AT2 all terrain tires.
  • 6061 Aluminum "never-rust" ladder frame.
  • Lightweight and durable FRP body.
  • PRP Suspension seats with adjustable headrests.
  • Diamond Plate Aluminum storage box.
  • Supplemental Solar Charging Option.

RMD Technologies continues to focus their resources on sourcing only the finest components available for its highly anticipated small electric vehicle. In 2007, RMDT commenced development of the alternative energy vehicle using a large percentage of materials recycled from electronic waste. The result is a cutting edge design that incorporates recycled materials, while utilizing clean electric energy and available with supplemental solar power. RMD Technologies' foremost objective has been to optimize sustainability on every facet of this revolutionary project.

"We are delighted that this vehicle has successfully been completed, and that we are evolving from the Research and Development stage allowing the launch into full scale production. Achieving this important milestone allows us to rapidly thrust from the R&D stage into an aggressive sales phase which will position us to begin filling orders soon," stated Patrick Galliher, CEO of RMD Technologies, Inc. He continued: "With the ability to utilize recycled electronic waste in the manufacture of the Utility Terrain Electric, we are able to keep the price extremely competitive, with a base price of only $9995.00."

A recent report from ABI Research predicts that the market for recovering and recycling used electronics will reach $14.7 billion by 2015, nearly tripling in size. The report, "e-Waste Recovery and Recycling," says that the growth will occur largely through the ability of electronic recyclers to recover valuable materials from discarded computers and other electronics. The resulting vast market potential for the Company's revolutionary Utility Terrain Electric Vehicle is expected to provide RMD Technologies, Inc. with an infinite growth opportunity. To view the Company's electric vehicle, visit the Company's website at www.RMDT.com.

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:
    Patrick Galliher
    (
    760-356-2039)