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Revenge Designs Inc. Receives Financial Assistance

^{Published on 2009-12-01 06:06:04 - Market Wire}
 

DECATUR, IN--(Marketwire - December 1, 2009) - Revenge Designs Inc. (PINKSHEETS: [ RVGD ]) CEO/President Mr. Peter Collorafi is pleased to announce the Henry County Revolving Loan Fund Committee of Ohio has granted funds to be provided to Revenge Designs through the Ohio Department of Development.

The $300,000.00 loan indexed on bank interest for a term of 5 years. These funds will assist Revenge to secure an established building, leased in Napoleon, Ohio, for the purpose of Management, Marketing and the establishment of the first Revenge Certified Installation and training center.

Revenge has also secured a private placement loan investor in Ohio; this assists Revenge in the completion of our Verde Supercar to be released at the January 11th through 24th 2010 North American International Auto Show followed by the Chicago International Auto Show February 2010.

Revenge is extremely pleased at the response we have received throughout America and Europe with our first rendering release of the Verde Supercar, which was featured in DuPont Registry international magazine. This campaign is set monthly throughout 2010.

Production of the Verde Supercar is estimated to commence in the third term of 2010.

With the availability of a previous production Supercar aluminum chassis platform, this will eliminate extensive testing and expenses relative to the production of our Supercar.

Further discussions with vendors and State officials will assist Revenge to produce 750 vehicles in our first year, then ramp up to 1,500 vehicles per year through 2011 and 2012, using existing assembly lines previously developed.

"To all shareholders/ team members: as we move into 2010 confidence and strength is again motivating the Auto industry. Positive thinking and support for our all-American vehicle while creating jobs will be beneficial to all."

"SUCCESS IS THE ULTIMATE REVENGE"

Please visit our website [ www.revengedesignsinc.com ] for updates and pictures as we progress towards the unveiling at the North American International Auto Show in January.

Revenge Designs Inc., a specialty car designer and production assembler, is headquartered in a facility in Indiana. Mr. Peter Collorafi is a designer from Queensland, Australia. Mr. Collorafi has been designing and installing custom modifications for factory produced vehicles since 1980. Their products include the Revenge Solstice, Revenge Ridgeline and the award winning Revenge GTO. For more information please contact 260 724 4000, [ team@revengedesignsinc.com ] and [ www.revengedesignsinc.com ].