Company Contracts With Leading Automotive Engineering Firm to Complete Certification
AUSTIN, TX, Aug 26, 2008 (MARKET WIRE via COMTEX) -- Ronn Motor Company (PINKSHEETS: RNNM), today announced that it has contracted with Steve Trindade, President of Automotive Technology Group (ATG), to lead the Federal Motor Vehicle Safety Standards (FMVSS) certification program.
Automotive Technology Group is one of the few organizations with experience successfully certifying a boutique car through the FMVSS process. ATG is uniquely positioned to assist with certification, having lead certification on several boutique automobiles including: the Mosler MT900, Panoz Esperante, Saleen S7 and the Vector M12.
"I've been privileged to work with innovative automotive companies in the past and look forward to adding Ronn Motor Company to my resume of successful certifications," said Steve Trindade, President of ATG.
Ronn Maxwell, CEO of Ronn Motor Company, stated, "We are pleased to be working with ATG, an industry leading partner in automotive certification."
The United States uses a system of self-certification. The complete certification requires the sign off of two agencies: NHTSA and the EPA. NHTSA requires compliance with all FMVSS safety standards and the EPA oversees emissions compliance. Where physical tests are required, they must be carried out at certified test facilities with the proper government witnesses. These facilities are set up to help document the tests and collect test data as required. The tests require using a vehicle in the same condition that will be sold. Any changes to the vehicle specification after testing may require retesting. The Company plans on a minimum of two complete vehicles to carry out the testing. The EPA testing phase requires a vehicle be given to a testing lab for two to four months while tests are carried out and documentation completed. The certification is typically valid for four years.
Automotive Technology Group Inc. is a privately held California corporation specializing in automotive engineering, low volume manufacturing and motorsport program management. The Company's team has a lifetime worth of experience managing top level motorsport programs and are in the hub of the automotive design industry. ATG has the capability to design, develop, and manufacture race cars or concept vehicles, as well as have the production capacity to build more than 100 special projects each year.
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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, which will be incorporated into the automobiles and made available for aftermarket applications. The 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 http://www.ronnmotors.com.
Disclaimer: 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.
source:marketwatch
