Innotrek Technology Co. (RMDM) Product Development Update
BEIJING, May 10 /PRNewswire-FirstCall/ - RMD Entertainment Group's (http://rmdmgroup.com/) China based subsidiary Innotrek Technology Co. (http://www.innotrek.com/) attended 11th Beijing International Automotive Exhibition in order to follow trends in the automotive industry.
Led by the company CEO, Mr. Wynn Wang, the company representatives attended the Beijing's International Automotive Exhibition. The Exhibition provided Innotrek with the opportunity to display Innotrek's INNO-car Identification System, and to discuss the technological innovations in Chinese and international car industries.
The company presented its INNO-car Identification System to the vendors, seeking new application opportunities for this Ministry approved technology. During the Exhibition, the company learned more about its competition, in order to maintain its leading position on the surveillance market.
Also, following the announcement about Innotrek entering the market for low-emission car technologies (Press Release April 5, 2010), the representatives researched the developments in this technological area. The company's low-emission technology (based on the missile aerodynamics theory), if adaptable and viable for production, would reduce the CO and NO emissions by 50%, CO2 by 20%, and fuel consumption by 20+%. Innotrek representatives discussed the application of this low-emission technology with several vendors and manufacturers, and sought opportunities for the practical use of this technology.
Mr. Winn Wang said, "Regarding our surveillance systems, we hold a strong position on the market, and we will continue to improve and develop this technology. That's why we are here in Beijing - to inspect the work of our competition.
Besides that, the low-emission technologies represent an important segment of the automotive industry today, and we have the opportunity to play a part in this industry. We are currently tracking down all new emission-reduction technology developments in the automotive industry. We talked to the several manufactures, seeking the best ways to test and launch this technology into the market. We look forward to inform the public about all new developments regarding this project."
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Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of RMD Entertainment Group that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. RMD Entertainment Group cautions you that any forward-looking information provided by or on behalf of RMD Entertainment Group is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. RMD Entertainment Group's actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond RMD Entertainment Group's control. In addition to those discussed in RMD Entertainment Group's press releases, public filings, and statements by RMD Entertainment Group's management, including, but not limited to, RMD Entertainment Group's estimate of the sufficiency of its existing capital resources, RMD Entertainment Group's ability to raise additional capital to fund future operations, RMD Entertainment Group's ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match RMD Entertainment Group's capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. RMD Entertainment Group does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
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SOURCE RMD Entertainment Group
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