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Raydan Manufacturing Reports Share Trading Halt


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EDMONTON, June 16, 2011 /CNW/ - Raydan Manufacturing Inc (the Company) (TSXV:RDN) announced that the Company has entered into a non-binding Letter of Intent in respect of a potential transaction. Further details will be press released upon completion of a definitive agreement.

About Raydan Manufacturing
Raydan Manufacturing Inc, based in Edmonton, Alberta, develops and produces specialized suspension and coupling systems for trucks, trailers and heavy equipment, as well as operates a chassis modification centre. Established in 1992, Raydan exports its innovative, high-quality products to end-users and original equipment manufacturers (OEMs) in the heavy-duty truck, crane, fire/rescue and other severe use sectors around the world.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made.  Potentially, many factors could cause our actual results to vary materially from those described herein as intended, planned, anticipated or expected.  Raydan Manufacturing Inc does not intend and does not assume any obligation to update these forward-looking statements.


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