SOURCE: Ronn Motor Company

September 11, 2008 12:15 ET

Ronn Motor Company Has 40 Pre-Order Inquiries of Its Limited Production Eco-Exotic Hydrogen Hybrid Super Car Named the Scorpion™

The 40 Pre-Order Inquiries Have Been Received Since the Scorpion™ Was Chosen as DuPont Registry's Publishers Choice Award; Pre-Order Reservations Could Represent Over $1 Million in Sales When Delivered

AUSTIN, TX--(Marketwire - September 11, 2008) - Ronn Motor Company, Inc. (PINKSHEETS: RNNM) announced today the Company has received 6 pre-order reservations for its Limited Production Hydrogen Hybrid Super Car named the Scorpion™. Pre-Paid reservations have been accepted by the Company on both its 450 horsepower Scorpion™ and its recently announced exclusive limited edition 600 horsepower Scorpion HX™.

CEO and President, Ronn Maxwell, stated, "The Scorpion's™ stunning looks and advanced hydrogen fuel injection technology is the catalyst and uniqueness of this automobile. Since being chosen as DuPont Registry's Publishers Choice Award in its August edition, the Scorpion™ has received enormous attention from media outlets worldwide. We have received more than 40 serious inquiries of which 6 have resulted in pre-order reservations for the Scorpion™ since the beginning of August."

Full scale production of the Scorpion™, which is scheduled to begin in the second quarter of 2009, will be for 200 units which include 150 of the 450 horsepower Scorpion™ models and 50 of the 600 horsepower limited edition Scorpion HX™ model.

Mr. Maxwell also stated, "At this rate, we believe that half, if not more, of the Scorpions™ production will be pre-reserved for awaiting buyers before production begins. We are scheduled to unveil the Scorpion™ at SEMA, the world's largest automobile convention in Las Vegas, in November 1008. At the same time, we believe the rest of the Scorpion's™ first run production will immediately begin to sell out."

Headquartered in Austin, Texas, Ronn Motor Company, Inc. is a design and manufacturing company focused on the leading edge engineering of environmentally friendly, finely built premium automobiles and technology. These technology systems include Hydrogen Fuel, Fuel cells, and Plug in-electrics will be incorporated into our automobiles and made available for aftermarket applications. Our products, coupled with RMC's core values of a strong sense of ethics, environmental sensitivity and premium quality, position the Company as one of the new leaders in an automotive industry transitioning toward fuel efficiency. For more information, please visit 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

  • Ronn Motors Investor Relations Contact:
    The Eversull Group, Inc.
    Jack Eversull
    972-378-7917
    972-378-7981 (fax)
    Email Contact