boy this one has a move going on... from .02 to .20... I think I have talked to the IR here before... looks like promise, will post my DD...
Rhino Off-Road RTV(R)'s Join Lake Tahoe Adventure's Backcountry Fleet
TORRANCE, Calif., Jan 23, 2007 (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 Off- Road RTV(R), is pleased to report that Lake Tahoe Adventures, one of the largest providers of motorized vehicle backcountry tours in North America, with a fleet of more than 200 vehicles, has made an initial purchase of three Rhino Off-Road RTV 2-FS's (Family Sport). Delivery of the innovative off-road vehicles is expected in-time for the off-road season in the mountains surrounding Lake Tahoe this spring. In addition to the initial order of 2-seat RTV's the company has placed a request for Rhino Off-Road's first 4-seat model the 4-FS slated for production late this year.
"We have been following the Rhino RTV for over a year and are excited to add this unique vehicle to our fleet as its performance, safety and maintenance records meet the rigorous requirements we demand from the equipment used by our guests," stated Ari Makinen, owner of Lake Tahoe Adventures. "The RTV offers a great deal of customer appeal. We expect this new category of off-road vehicle to provide an exciting, unique backcountry experience for our customers."
The RTV is an innovative new class of off-road vehicle that can be easily adapted to meet the extremes of rock crawling and at the same time, provide a safe off-road experience for outdoor enthusiasts on the trail. "The tour and rental business is proving to be a significant sector of the market for Rhino RTVs. Having a top tour operator such as Lake Tahoe Adventures add our product to their fleet validates our objective of creating an easy to operate, safe off-road vehicle," stated Howard Pearl, President of ROI. "We are extremely pleased to add Lake Tahoe Adventures to our growing list of rental operators."
About Lake Tahoe Adventures
The company specializes in offering year-around great family fun throughout some of the most spectacular, rugged and unforgiving backcountry in the world. With a fleet of over 200 snowmobiles, ATV's, Sand buggies and soon, Rhino RTV's the company offers guided tours year-around in the mountainous Lake Tahoe area. Guest safety is of the highest priorities for the company which considers itself a steward of the public lands. For more information visit www.Laketahoeadventures.com.
About Rhino Off-Road Industries
Rhino Off-Road Industries is the manufacturer of the innovative Rhino Off-Road RTV. The RTV was designed for the active, outdoor oriented family that wants to experience off-road adventure in the mountains, deserts and wilderness. The Rhino Off-Road RTV is manufactured in Henderson, NV. For more information 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.
CONTACT: ROI, Inc.
Investor Relations:
Stephen Taylor, 973-351-3868
STEPHTAYL9@AOL.COM
Copyright Business Wire 2007
Bud Fox: How much is enough?
Gordon Gekko: It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another.
AI
