AUSTIN, Texas - Ronn Motor Company, Inc announced today that its common shares are available on the OTC Exchange under stock ticker symbol RNNM.
Ronn Motor Company, Inc was founded by automotive entrepreneur and visionary Ronn Maxwell, who is the Chief Executive Officer of the Company, and former Dell, Inc. executive Adrian Pylypec, who will serve as Vice President.
Ronn Motor Company will unveil one of the first premium eco-exotic sports car prototypes with “on demand” hydrogen fuel assist on June 3, 2008, at the Four Seasons Hotel, 98 San Jacinto Blvd, in Austin, Texas. The onboard, computer-controlled “on demand” system will produce revolutionary hydrogen assistance in real time, capturing the emissions-reducing benefits of hydrogen fuel without the safety hazards, expense, and filling station requirements of hydrogen storage tank systems.
“We have partnered with automotive industry elite to design and produce eco-exotic sports cars with exclusive styling and uncompromised performance. Our cars will possess cutting edge engineering and deliver a supreme driving and ownership experience,” says Maxwell. “Our first mild hybrid combines world class performance with an eco-friendly hydrogen fuel injection system resulting in reduced CO2 emissions and better fuel economy.”
Pylypec says, “Ronn Motor Company will be an innovator in this burgeoning market by providing consumers with the country’s first on demand hydrogen powered eco-exotic sports cars that are technically advanced, environmentally friendly and visually stunning.”
Ronn Maxwell first met Adrian Pylypec in Johnson City, Texas, at the Silver K Café to discuss the possibility of building an American exotic sports car in August, 2007. For the next 3 months, they created a business plan and laid a foundation for their fledgling company. In November 2007, Ronn registered and created the first entity, Ronn Performance Engineering, in order to raise private funds and begin the prototyping process.
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