SOURCE: Ronn Motor Company

Ronn Motor Company

April 15, 2009 09:00 ET

Ronn Motors' Biodegradable, Non-Petroleum Based Oil, 'Ronnzoil Premium Green' Used in Eco-Exotic Scorpion™

AUSTIN, TX--(Marketwire - April 15, 2009) - Ronn Motor Company, Inc. (PINKSHEETS: RNNM) announced today that it will begin using its proprietary Ronnzoil brand oil and lubricants in the Company's first automobile, the Scorpion™. Marketing, sales and distribution of a wide range of green, biodegradable, eco-friendly, improved performance products will begin by the end of the second quarter including motor oils, functional fluids and additives that have been designed and intended for the Automotive Chemicals aftermarket industry.

These products will be marketed and sold under the Ronnzoil Premium Green label. Ronn Motor Company recently announced that its first product, Ronnzoil Premium Green Biodegradable Hydraulic Fluid, is now available. An Industry Analysts' report on lubricant demand indicates that bio-based lubricants and re-refined base stock oil will continue to rise, primarily due to environmental concerns. This report analyzes the $11.2 billion U.S. lubricant industry.

Ronn Maxwell, CEO of Ronn Motors, stated, "We are very excited about our new Ronnzoil Premium Green of biodegradable alternative automotive oils and lubricants. Our partnership with Frigette Energy System provides an ideal distribution network for Ronnzoil Premium Green. With more than 300,000 potential retail outlets already using Frigette products, we expect to very quickly be entering the market and offering a ready-made, existing customer base bio-degradable, eco-friendly alternative oils and lubricants. The addition of these biodegradable, environmentally friendly products to our company's offerings, together with our H2GO™ real-time hydrogen assist system, takes us another step further in our mission to offer a wide range of green, eco-friendly products."

The 2002 Farm Bill Act mandates all U.S. Federal Government Agencies purchase environmentally safe, bio-based, and vegetable oil lubricants. Signed into law May 13, 2002, by President George W. Bush, that law includes a Federal Bio-based Products Preferred Procurement Program (FB4P) which obliges all federal agencies to purchase bio-based products 'to the maximum extent practicable.'

In Section 9002 of the Farm Security & Rural Investment Act of 2002, which states the term 'Bio-based Product' means a product determined by the Secretary to be a commercial or industrial product (other than food or feed) that is composed, in whole or in significant part of biological products or renewable domestic agricultural materials (including plant, animal, and marine materials) or forestry materials.

There are enough cattle in the U.S. today to easily supply the entire U.S. automotive industry motor oil needs. The most unique aspect of Ronnzoil Premium Green products is that they are non-toxic to both humans and the environment, as they are made from animal fat byproducts from the meat industry. Ronn Motors' oils are biodegradable and Ronnzoil Premium Green motor oils will not harm the environment.

Headquartered in Horseshoe Bay, 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 systems include Hydrogen Fuel, Fuel cells, and Plug-in electrics. These features, coupled with RMC's core values of a strong sense of ethics, environmental sensitivity and premium quality, positions 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 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