RAMOIL MANAGEMENT, LTD. (OTC:RAMO) Introduces the New Officers and Directors and Wishes Everyone a Happy Holidays

CLEARWATER, Fla., Dec. 20, 2011 /PRNewswire/ -- RAMOIL MANAGEMENT, Ltd (OTC:RAMO), soon to become TERLYN Technologies, Inc., would like to introduce the new Officers and directors to the shareholders and potential shareholders along with wishing everyone a Happy Holidays and a prosperous New Year. 

Michael J. Goeree, Ramoil Mangement's present Chairman and CEO is quoted as saying, "It is not only my honor but my privilege to introduce to the shareholders, the new, incoming Officers and directors, who will carry Ramoil Management forward as TERLYN Technologies, Inc."

Lynn A. Rushmore, (incoming) Chairman, President & Chief Executive Officer (CEO)

Mr. L.A. Rushmore began his sales/business management career with a national advertising firm, "TV Fanfare, Inc.", whereby 1986 he was promoted to Regional Manager, based in Chicago, IL, then Portland, OR, Seattle, WA, and then Detroit, MI.  Mr. L.A. Rushmore's success earned him the position of Vice President National Director of 41 regional offices.  Then in 1992, Mr. L.A. Rushmore started Mortgage Investors Corp (MIC), together with 2 other partners.  By applying similar marketing techniques, MIC soon grew to 47 offices nation wide, doing $3.8 Billion in loan volume before being sold to AMERSCO in 1998.  From 1998 until 2000, Mr. L.A. Rushmore helped develop TERLYN Industries, Inc. with his brother Terrence "Terry" Rushmore, which Terry bought in 1996.  In 2000, Mr. L.A. Rushmore started Key financial Corp., which by 2010 was licensed in 47 States as a Mortgage Bank and operating over 75 offices.  Due to the instability of the banking industry and uncertainties in the mortgage industry and increased guidelines for lending over the past 3 to 4 years, Mr. L.A. Rushmore closed Key Financial Corp. in October, 2010 and resumed his working partnership with his brother Terry Rushmore in TERLYN Industries, Inc.

Terence "Terry" M. Rushmore, (incoming) Director, Exec. Vice President, & Chief Technical Officer (CTO)

Terence M. Rushmore is President/CEO of TERLYN INDUSTRIES, Inc. a specialty water treatment and water conservation company located in Clearwater, Florida.  Mr. T.M. Rushmore co-founded this company with his brother in 1996 after spending several years working on the development, application, sales, and marketing of the unique and proprietary water conservation and treatment products they currently manufacture.

Although TERLYN INDUSTRIES manufactures nine different water related products, their CWT3 cooling tower water conservation treatment, Crystal Clean water softener treatment, Vapure industrial humidifier treatment, and CVX Series peristaltic feed pumps are the pride of the company.  Mr. T.M. Rushmore has dedicated the past fifteen years of his career to the industrial water treatment industry working specifically with cooling towers, industrial boilers, waterside HVAC equipment, residential, commercial, and industrial water conditioning, industrial humidifiers, and a variety of other water related systems.

In addition to his company responsibilities, Mr. T.M. Rushmore is involved in several research projects directly related to cooling tower operation, performance, and water conservation.  He has developed operation and training manuals for cooling tower applications, written technical papers on advanced technology water treatment and water conservation in cooling towers, and co-authored professional articles on industrial water treatment for heating and cooling.

Mr. Rushmore performs consulting work on cooling tower system design and application, as well as cooling tower water conservation and treatment.  He has been a member of the Association of Water Technologies, Inc. (AWT) and the Cooling Technology Institute (CTI) for more than decade.  He has taught training courses in cooling tower operation and advanced water treatment conservation technology.

The new website for this venture is www.terlyntech.com

About the CWT3 Program:

The TERLYN Cooling Tower Water Conservation Program reduces standard water treatment's wastewater bleed-off requirements by over 90%!  This is possible because our proprietary cooling tower water treatment scale inhibitor, CWT3, has a molecular bonding strength that is exponentially higher than any other treatment in the industry allowing us to hold a much higher amount of solids in solution without scale formation.  As a result, our program is able to prevent scale while allowing the level of minerals in a cooling tower to concentrate well beyond the limitations of traditional water treatment. This capability allows us to reduce standard cooling tower bleed by 90% without scale formation.  In most cases, the amount of water saved by utilizing our program is so great, that it exceeds the monthly treatment cost. As a result, companies with cooling towers are actually profiting by upgrading to our system, while simultaneously saving millions of gallons of water for our environment.

About TERLYN industries, Inc.

TERLYN Industries Inc. ("TLI"), of Clearwater, FL, (www.terlyn.com) was founded in Michigan in 1996 and moved the corporate and manufacturing facilities to Clearwater, Florida in 2001.  In this time, TERLYN has developed nine (9) different and distinct water treatment products and also designs and manufactures a series of Peristaltic Feed Pumps, all of which are sold on a national scale

About Ramoil Management, Ltd.

About Us Statement: Ramoil Management, Ltd. (RAMO), is a development stage capital company, focusing on green projects, asset management and other niche technologies temporarily headquartered in Long Beach, California.  Ramoil's present strategy is to identify buy-out and/or merger opportunities in the Environmental Sector" and "Niche Technologies Sector" which will immediately impact and grow our asset and revenue base.  Through our world-wide network of Brokers and Scientists we already have one and possibly more such projects identified and are working through the due diligence process on each of these projects.   

Forward Looking Statements

This news release contains forward-looking statements made by RAMOIL MANAGEMENT, LTD. in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All such statements included in this press release, other than statements of historical fact, are forward-looking statements. Although Management believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Actual results may differ materially from those indicated by these statements. The following risk factors, among others, could cause actual results to differ materially from those described in any forward-looking statements. These risks and uncertainties include, but are not limited to, economic conditions, changes in the law or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward looking statements. Forward-looking statements are typically identified by the words: believe, expect, anticipate, intend, estimate, and similar expressions or which by their nature refer to future events.

Company and Investor Relations Contact:
Mr. David Reiter at 323-952-3754
[email protected]

SOURCE Ramoil Management, Ltd.

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