Rotoblock Corporation (Stock Symbol: RTBC) has a Corporate Mission to improve people's lives through technological innovation of small engines, air-conditioning systems, heat pumps, and other appliances and equipment for automotive, residential and commercial markets, commonplace yet intricate systems that demand continual redevelopment with cutting-edge thinking to meet the needs of our ever changing world.

Santa Rosa, California based Rotoblock recently agreed to acquire Hikom Gottell Corporation, an equipment manufacturer in China, for US$25 Million. Rotoblock signed a term sheet to acquire 51 percent majority interest in Hikom Gottell, a manufacturing company based in Nanjing City of the Jiangsu Province in Mainland China. Hikom Gottell employs about 250 workers primarily involved in designing and manufacturing of commercial air-conditioning systems for automotive, building, and environmental applications. These products are distributed throughout China. Rotoblock has agreed to purchase the hard assets of Hikom Gottell's manufacturing facilities in Nanjing as well as the name Hikom Gottell and its distribution network. The acquisition would include Hikom Gottell's 10-acre manufacturing complex, land, factories, manufacturing equipment, testing facilities, and delivery trucks. Rotoblock's offer of US $25 Million would be in cash and stock options. The final purchase price is subject to an independent audit, which will be carried out during the acquisition proceedings.

The Company has full rights to the patents of the Oscillating Piston Engine and seeks to develop this and other engine technologies to meet the rising demand for technologies and equipment that can help conserve fuel. A prototype of the Oscillating Piston Engine has been tested and proven in a laboratory setting. Further development is required to enter into commercialization as the company looks to secure a manufacturer. The engine design differs substantially from conventional internal combustion engines (see Technology) and provides considerable gains in the power-to-weight ratio, simplicity in maintenance and repair, versatility of operation, and qualities that are friendlier towards the environment.

Rotoblock Corporation, through its wholly owned subsidiary, Rotoblock Inc., is an engineering/research company dedicated to the development of Oscillating Piston Engine. Rotoblock was incorporated in Nevada and is headquartered in Santa Rosa, California.