SAN MARCOS, Calif., Feb. 15, 2011 (GLOBE NEWSWIRE) -- RMD Technologies, Inc. (Pink Sheets:RMDT), is pleased to announce the standard features package for the 2012 battery-electric powered Utility Terrain Electric (UTE). Classified as low-speed or neighborhood electric vehicle the UTE is street legal in nearly all 50 states on public roads with a posted speed limit of up to 35 MPH.
The two-seater base model will have a MSRP of $9995.00. Available options include Enhanced Range Supplemental Solar Power Package, 72 volt "Heavy Hauler" package, soft side weather enclosure, low rolling resistance tires, and a premium audio package. Additional options expect to be available at a later date. The following features will be standard on all 2012 UTEs.
- 14 inch General Grabber AT tires and premium aluminum rims.
- DOT compliant rearview and side mirrors.
- Suspension Safety Seating for added comfort. Three point safety harnesses (shoulder belts) standard.
- Federal motor vehicle compliant light package including headlights, tail lights, side markers and reflectors.
- Composite, thermo plastic and alloy body panels that never rust.
- Four wheel hydraulic brakes with parking brake.
- A-arm front suspension.
- Coil over shocks on all four wheels.
- Rack and pinion steering.
- Fully welded aluminum rust proof frame.
- Heavy duty 8 HP (16 HP peak) 48 volt DC motor standard, 72 volt "Heavy Hauler" package optional.
- Heavy duty transaxle.
- Six 8 volt flooded electrolyte batteries are standard on the 48 volt model.
- Onboard charger included on all models, recharge from any standard 110 volt outlet.
As previously announced, the Utility Terrain Electric, "UTE" has been specifically designed for years of durable performance. The UTE is the first electric vehicle built using a high percentage of recycled materials, primarily recycled electronic waste.
RMD Technologies continues to focus their resources on sourcing only the finest components available for its highly anticipated small electric vehicle. After three years of development, RMD Technologies, Inc. is bringing to market a cutting edge design that incorporates recycled materials, while utilizing clean electric energy and available with supplemental solar power. RMD Technologies' foremost objective has been to optimize sustainability on every facet of this revolutionary project.
"We are very pleased to announce the specifications for our 2012 UTE," stated Patrick Galliher, CEO. "With the ability to utilize recycled electronic waste in the manufacture of the Utility Terrain Electric, we are equipped to deliver a robust package while keeping the price extremely competitive. We are ready to begin sales of the vehicle in the very near future."
RMD Technologies, Inc. has designed its vehicles to qualify for all federal and state purchasing incentives, including the current federal tax credit available under the Energy Improvement and Extension Act of 2008.
About RMD Technologies, Inc
RMD Technologies, Inc. is a California based business founded in 2001. Since inception, RMDT has provided electronics recycling services to businesses, state and federal agencies. In 2007 RMDT began the development of an alternative energy vehicle using a large percentage of materials recycled from electronic waste. The result is a small electric vehicle design that incorporates recycled materials, clean electric energy and solar power.
Notice: Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors including, but not limited to those set forth in the company's filings with the United States Securities and Exchange Commission (available at http://www.sec.gov/ ). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
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CONTACT: Investor Relations Contact: Michael Biddick (760-356-2039) www.RMDT.com