SOURCE: Ronn Motor Company, Inc.

Ronn Motor Company, Inc.

February 23, 2011 09:30 ET

Ronn Motor Company Enters Into an Option to Lease Agreement With the Marble Falls Economic Development Corporation

MARBLE FALLS, TX--(Marketwire - February 23, 2011) - Ronn Motor Company, Inc. (PINKSHEETS: RNNM) announced today that it has entered into an Option to Lease Agreement with the Marble Falls Economic Development Corporation. The Agreement grants to Ronn Motor Company an exclusive option to lease the building at 1707 Colt Circle in Marble Falls, Burnet County Texas.

The Option provides a thirty day term during which the Company expects to finalize a long-term Lease.

Ronn Motor Company, Inc (PINKSHEETS: RNNM) is an automotive design, development and manufacturing company specializing in the creation and delivery of innovative green products and related automotive technologies through green systems and green automobiles, located in Marble Falls, TX. For more information about Ronn Motor Company, Inc., please visit our Web site 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 like "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 to be reasonable, but 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.

Contact Information

  • Contact:
    Kim Pichanick
    Managing Director
    KPN Advisors, LLC
    (O) 830-798-2139