Rival Technologies Inc.
OTC Bulletin Board : RVTIF

Rival Technologies Inc.

August 16, 2005 09:01 ET

Locomotive Installation for Rival's CWI Technology

LAS VEGAS, NEVADA--(CCNMatthews - Aug. 16, 2005) - Rival Technologies Inc., (OTCBB:RVTIF), announced today that it will install a newly designed version of CWI Technology on a diesel locomotive in the coming weeks. Rival's development partner, MA Turbo/Engine Ltd. will design and install the CWI system on an operating diesel locomotive located in Vancouver, Canada.

"We expect this application of CWI Technology to work effectively and open up a new market for us. There are approximately 20,000 diesel locomotives in operation in North America. Most are relatively old and are under new EPA emission regulations. We believe CWI Technology is the best retrofit solution for them to comply with these regulations," stated Robin Harvey, President of Rival Technologies Inc.

CWI technology is a continuous water injection system, allowing reductions in diesel emissions and reducing fuel consumption as it improves engine performance.

On behalf of the Board of Directors

Robin J. Harvey, President

Certain statements in this press release constitute "forward looking statements" within the meaning of the United States Securities Legislation. The Company's actual results could differ from those in the forward-looking statements. Do not construe this information as investment advice. This is not a solicitation to buy or sell securities. This does not purport to be a complete analysis of the Company Investing in securities is speculative and carries a high degree of risk. Past performance does not guarantee future results. Readers should consult their own independent advisers with any investment, including any contemplated investment. All information contained in this press release should be independently investigated. This press release contains forward-looking statements. These remarks involve risks and uncertainties. Risks are not limited to quarterly fluctuations in results or the companies' management of growth and competition. Other risks are detailed in the Company's SEC filings. Actual results may differ materially from such information set forth herein.

Contact Information

  • Rival Technologies Inc.
    Robin J. Harvey
    (888) 989-0584