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Tuesday, September 19, 2006 9:06:51 AM
http://www.knobias.com/individual/public/news.htm?eid=3.1.97ac96403e6122852e8aa10a6906c7378aa3276794...
Rhino Outdoor International on Fast Track to Deliver Rhino RTV's; Production Facility in China Receives Equipment
Monday , September 18, 2006 10:02 ET
TORRANCE, Calif., Sep 18, 2006 (BUSINESS WIRE) -- Rhino Outdoor International, Inc. (OTCBB: RHOI), a business development company that acquires and consolidates outdoor activity based companies is pleased to announce a delegation of Rhino advisors toured the new Rhino facility in Handan, China, last week.
"Production equipment has begun to arrive, we expect that Jim Skinner, our senior designer will be in China for up to 90 days to help our partners finalize plant layout and review the quality control process shortly after we finish up at SEMA in late October," stated Howard Pearl, President of Rhino Off Road Industries. "We anticipate having our 30,000 square feet production facility initially producing 1,000 RTV's per year with expansion capabilities to over 5,000 per year depending on demand."
ROI will be updating its website www.RhinoBrands.com over the next few months and adding photos to show our progress.
In June the company completed acquisition of Rhino Outdoor Industries, the manufacturer of the Rhino Off-Road RTV(R). Visit www.rhino-offroad.com for more information about the line innovative line of off-road vehicles. The company also retains distribution rights for the XBoard, a jet-powered surfboard manufactured by Aqua Xtremes. For more information on XBoard, visit www.newrhoi.com
The company recently announced that they have executed a Letter Of Intent with Great West Vans (GWV), a Canadian company, to acquire the RV manufacturer. GWV is a profitable, 30-year-old business, based in St. Andrews, Manitoba that builds and distributes class "B" motor homes throughout North America. RV enthusiasts choose class B motor homes for their unique combination of compact size, fuel efficiency and touring comfort. For more information, visit www.RHOI.net
ROI is focused on delivering high quality, proven products to the fast growing, cross-generational outdoor lifestyle marketplace. The company is striving to consolidate manufacturers of products such as the Rhino Off-Road RTV, the XBoard jetpowered surfboard, and now, the unique RV's manufactured by GWV, and to build effective sales channels for distribution. For more information on ROI, visit www.RhinoBrands.com.
SOURCE: Rhino Outdoor International, Inc.
ROI, Inc.
Investor Relations:
Stephen Taylor, 973-351-3868
STEPHTAYL9@AOL.COM
Copyright Business Wire 2006
Public Companies Associated with this story:
(OTCBB: RHOI)
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