SOURCE: RMD Technologies, Inc.

September 10, 2010 07:30 ET

RMD Technologies, Inc. Expands Operations With the Addition of a New Corporate Office and Manufacturing Facility for the Production of Its Revolutionary Electric Vehicles

SAN MARCOS, CA--(Marketwire - September 10, 2010) -  RMD Technologies, Inc. (PINKSHEETS: RMDT) is pleased to announce the opening of its new Corporate and Manufacturing Headquarters. The new facility will accommodate the final development and initial production of the Company's first small Electric Vehicles.

RMD Technologies will commence operations at the new facility Monday, September 13, 2010. The Company expects to launch sales of these new vehicles during the fourth quarter of 2010 with delivery of the first units shortly thereafter.

As recently announced, the Company is positioning itself to begin manufacturing its cutting edge small electric vehicles. Over the past year the Company has immersed itself in the development of a highly efficient system for the assembly of these "Green Vehicles" using a high percentage of electronic waste.

"After a couple years of refining the proof of concept, our team is prepared to move forward with our state-of-the-art 'Triple Green' vehicle. We are very optimistic as we stand at the threshold of our launch into the production stage of this product," 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.

The address of the new location is 688 Rancheros Drive, San Marcos, CA 92069.

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