SOURCE: Ronn Motor Company

Ronn Motor Company

January 27, 2012 14:00 ET

Ronn Motor Company Announces Signing of Long-Term Lease for New Headquarters

HOUSTON, TX--(Marketwire - Jan 27, 2012) - Ronn Motor Company (PINKSHEETS: RNNM) announces the signing of a long-term lease for its new headquarters located in the North Houston, TX area.

Ronn Motor Company announced today that it has signed a four-year lease for its new headquarters and production location in the north Houston area. According to a previous announcement, last December the company began moving its production and delivery capability to an area with an enhanced distribution and logistical environment.

The company has moved into a facility, which is part of a 60,000+ square foot industrial park that provides it immediate access to over 21,000 square footage of production-ready manufacturing and office space. The physical address is 410 South Trade Center, Conroe, TX.

"This is another important step in further laying the foundation for a world-class production capability to ensure we can mass produce our H2Go units and meet our immediate and long-term sales projections," said David McGee, CEO of Ronn Motor Company. "Since becoming CEO, we have made it a priority to build an internal culture, based on integrity and teamwork, that will meet and hopefully exceed our shareholders' expectations. Signing this long-term lease represents another significant step in moving our entire operation into a location and atmosphere that supports the building of a successful, global company."

Ronn Motor Company (PINKSHEETS: RNNM), located in Houston, TX, is a technology-driven design, development and manufacturing company specializing in the creation and delivery of innovative green products and related technologies through green systems and green-oriented engines for both transportation and fixed platforms. For more information about Ronn Motor Company, please visit our Website at www.ronnmotors.com

This release contains forward-looking statements that reflect Ronn Motor Company's (the "Company") plans and expectations. In this press release and related comments by Company management, words such as "expect," "anticipate," "estimate," "forecast," "objective," "plan," "goal" and similar expressions are used to identify forward-looking statements, representing management's current judgment and expectations about possible future events. Management believes these forward-looking statements and the judgments upon which they are based are reasonable; however, they are not guarantees of future performance and involve numerous known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements.