SAN MATEO, Calif., Jan. 9, 2006 (PRIMEZONE) -- Rodedawg International Industries, Inc. (Pink Sheets:RWGI) announces today the company has agree to award Trade Master Dominicana a non -- exclusive distribution agreement in the Dominican Republic to distribute its amphibious vehicles.
Under the terms of the agreement, Rodedawg will award Trade Master Dominicana, S.A. the non-exclusive distributorship for the Dominican Republic market, subject to the requirement of placing orders for a minimum of 100 vehicles in 2006. The agreement will also stipulate that Trade Master Dominicana, S.A. is required to establish, in favor of Rodedawg, a 30% deposit and irrevocable letter of credit for the balance of each purchase order.
"With our experience and name recognition, we feel confident that by adding on the distribution of the Rodedawg; it will add to our success," says Quilvio Bdo. Rodriguez G., President of Trade Master Dominicana, S.A. "We plan to make the Rodedawg available at special locations in major shopping malls and tourist destinations in the Dominican Republic and target the emergency rescue and disaster relief agencies in the country to sell the Rodedawg."
"We believe that the Dominican Republic, one of the world's popular tourist destinations, could be a great market for the Rodedawg products because of its tremendous adaptability," says Luis Pallais, president and Chief Executive Officer of Rodedawg International Industries, Inc.
About Rodedawg International Industries, Inc.
Rodedawg International Industries, Inc. is the company behind the revolutionary, new amphibious 4x4 off-road vehicle that performs on land and water. The new Rodedawg, because it is an amphibious (land and water) vehicle, is filling a space in the market that virtually has no competition; for more information visit www.rodedawg.com
If you or your company has an interest in becoming a sales agent or in purchasing a Rodedawg unit, please contact Rodedawg International Industries, Inc. by calling 1-800-793-0355 or view our website at Rodedawg.com.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995:
Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. The sale of certain products and services may not develop as expected; the development of these products and services may not proceed as planned. The company's stock may also be affected by other risks as described from time to time.
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