BOCA RATON, Fla., Oct. 27, 2005 (PRIMEZONE) -- Ringo, Inc. (Pink Sheets:RGOI) is pleased to announce that the Company has appointed Thomas J. Nirmaier as the Company's Chief Technology Officer. Prior to joining Ringo, Mr. Nirmaier served as an executive at JP Morgan Chase for 38 years, where he most recently held the position of Vice President and RBS Systems Manager for JP Morgan Treasury & Securities Services.
Earlier in his career with the company, Mr. Nirmaier served as Vice President of JP Morgan Chase Retail banking systems as a systems manager, conversion specialist, and implementation specialist. Prior to this, he had been responsible for managing numerous major system implementation projects and designing Chase account conversion procedures that were successfully implemented on time and under budget. Throughout his many years of experience with the bank, Thomas was also responsible for the conversion of data from millions of accounts that had been acquired through mergers.
"We are very excited for Tom to join our executive team and believe that his addition will have an immediate impact on our operations. Ringo's success requires that management has leadership experience and expertise in creating, implementing, and maintaining technical initiatives to successfully provide our unique location-based services. Tom's decades of experience in project management and systems implementation make him the perfect candidate to lead the technological operations of our leading edge company," said Edward DeFeudis, Founder of Ringo, Inc.
About Ringo, Inc.
Ringo, Inc. will provide a unique service for on-the-go consumers with immediate access to local transportation companies around the nation. By simply dialing * TAXI(r) or * TOW(r) on their mobile phones, consumers will be located and vehicles will be dispatched to their destination within seconds. * TAXI(r) provides unprecedented safety and convenience for travelers unfamiliar with foreign locales, while * TOW(r) increases safety with swift and immediate towing capabilities.
For more information about Ringo, Inc. go to www.ringome.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although Ringo Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by Ringo Inc. or any other person that the objective and plans of Ringo Inc. will be achieved.