Rhino Outdoor Internatonal, Inc (XTMM)

[skeptic0]

Event Nov 3rd and 4th coming up. Looks like this stock is ready for a move IMO. Float is only 2,253,469. May enter this week again.

http://www.knobias.com/individual/public/news.htm?eid=3.1.c888fe56d61ebb3e5aa4afb6bfd7dd338af7107d9a...

''Drift'' and ''Rally'' Stars to Compete in Rhino RTV2-FS(R)

Thursday , October 19, 2006 06:00 ET

TORRANCE, Calif., Oct 19, 2006 (BUSINESS WIRE) -- Rhino Outdoor International, Inc. (OTCBB: RHOI), a development company that consolidates and operates outdoor activity based businesses, and it's wholly owned subsidiary Rhino Off-Road Industries, Inc., the manufacturer of the Rhino RTV(R), are excited to announce top drivers from the "Drift" and "Rally" racing series will be participating in the W.E. Rock World Extreme Rock Crawling Championships. This extreme event will take place in Henderson, NV November 3rd and 4th.

Conrad Grunewald, a professional driver and instructor, Tanner Faust, professional Rally and stunt driver and Alex Pfeiffer, professional driver and Formula D judge are tentatively scheduled to drive in the Rhino Class of the World Championship. The three top drivers are being sponsored by Maxxis Performance Tires. The two-day inaugural championship will include international teams from at least 8 countries, including Australia, Canada, China, South Africa, Mexico, Norway, Japan and the US, which will compete in three classes of competition.

"Maxxis Tires is bringing in top drivers from outside of the rock-crawling sport and we're going to have a good time!" stated Howard Pearl, President of Rhino Off-Road Industries. "Drifting and Rally racing are fantastic sports that push drivers to their limits. These guys are very good and you can be sure they will put the Rhino RTV to work doing what it does best. Because they are driving identical stock factory production machines - the field is level - and driving skills will make the difference. We expect to see five Rhino RTV's competing." The World Championship event is scheduled to kick-off with a Celebrity Challenge that is sponsored by Rhino Off-road Industries beginning at 5:00 on Friday. The two day event includes qualifying heats all day Saturday with the finals scheduled for Saturday evening. For more information including a detailed schedule for the event, visit www.we-rock.cc.

"This is the first world championship event to include international teams from sanctioned rock-crawling organizations," stated Rich Klein, President of W.E. Rock. "The addition to the three top drivers announced today, we expect to have a full field of the top teams in the world." We are pleased to have Maxxis Tires and Rhino Off-Road Industries sponsor this event at the Fiesta Casino.

The Rhino RTV is an innovative new class of off-road vehicle that can be easily adapted to meet the extremes of rock crawling or rock-racing and at the same time, provide a safe off-road experience for outdoor enthusiasts.

ROI is focused on delivering high quality, proven products to the fast growing, cross-generational outdoor lifestyle marketplace. In June ROI completed acquisition of Rhino Off-Road Industries, Inc. the manufacturer of the Rhino Off-Road RTV. The company also retains distribution rights in North America for the XBoard, a jet-powered surfboard manufactured by Aqua Xtremes. The company is striving to consolidate manufacturers and distribution of products such as the Rhino Off-Road RTV, the XBoard jetpowered surfboard, and the other outdoor oriented products. For more information about ROI visit www.RhinoBrands.com.

Cautionary Statement for the Purpose of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: Forward-looking statements in this news release are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Certain important factors could cause results to differ materially from those anticipated by the forward-looking statements, including the impact of changed economic or business conditions, the impact of competition, the success of existing and new product releases, the management of our growth, other risk factors inherent in the outdoor recreation, internet, and media industries and other factors discussed from time to time in reports filed by the company with the Securities and Exchange Commission.

SOURCE: Rhino Outdoor International, Inc.

ROI, Inc.
Investor Relations:
Stephen Taylor, 973-351-3868
[e-mail]

Copyright Business Wire 2006