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Ronn Motors' Partner, Evcarco, the Country's First All "Green" Automotive Dealership to Install H2GO(TM) Systems on I

^{Published on 2009-11-12 06:08:09 - Market Wire}
 

AUSTIN, TX--(Marketwire - November 12, 2009) - Ronn Motor Company (RMC) (PINKSHEETS: [ RNNM ]) announced today that its partner, Evcarco, Inc. will be installing H2GO™ systems on pre-owned (non eco-friendly) vehicles at their "green" car dealerships. As well, Evcarco will offer the eco-exotic Scorpion HX™ supercar as the high end, premier vehicle along with other top selling eco-friendly brands.

Dale Long, President of Evcarco, stated, "Installing RMC's H2GO™ system on all of our non-hybrid and non-electric used cars is the quickest, most effective and most economical way to ensure that every vehicle coming into our dealerships will be branded and sold as an environmentally friendly vehicle that also provides improved gas mileage and performance. H2GO™ will be used exclusively at each of our green automotive dealerships. At a cost of approximately $1K per car, it just makes good business sense to use this system and position our company to leverage the excitement, credibility and positive marketing exposure that the H2GO™ powered Scorpion HX™ has created in this market and will continue to create."

Ft. Worth, Texas is home to Evcarco's first dealership. With this dealership in full operation, sufficient funding in place and their expectation of OTC Bulletin Board trading to begin later this year, Evcarco is poised to open 20 new dealerships, both corporate owned and franchised, across the U.S. during the next 24 to 48 months. Evcarco is the first automotive retail group dedicated to deploying a coast-to-coast network of eco-friendly dealerships and vehicles.

Ronn Maxwell, CEO of Ronn Motors, commented, "We could not be happier. Evcarco's business model is right on target, bringing needed change to the way automobile dealerships operate and to really make a difference in the world. Our H2GO™ system is a perfect fit for their dealerships. These dealerships will provide an impressive channel to showcase, market, sell and deliver our Scorpion HX™ to discriminating buyers."

Evcarco is a car company that is dedicated and proud to deliver the world's best environmentally friendly hybrid & electric vehicles available today (also known as Hybrids, EVs, or NEVs). The advancements in design, engineering and technology in this area, as well as the awareness of the impact they will have on the environment, has kept Evcarco focused and moving forward in this direction. Evcarco believes that car buyers today should have the power to choose and to make a difference now. For more information, please visit [ www.evcarco.com ].

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 "green," eco-responsible technology. These technology systems include Hydrogen Fuel, Fuel Cells, and Plug-in Electrics and will be incorporated into our automobiles to be 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.