Rival Technologies Inc.

Rival Technologies Inc.

October 31, 2006 09:00 ET

Rival Technologies Contracts Marketing Group

Update on CWI installation

LAS VEGAS, NEVADA--(CCNMatthews - Oct. 31, 2006) - Rival Technologies Inc., (PINK SHEETS:RVTI) announced today that the company has contracted Brian Westlund. Mr. Westlund will conduct an in-depth market analysis, and contact potential manufacturing and transportation companies interested in utilizing CWI technology.

Mr. Westlund represents an international consulting firm providing business development and marketing services to oil and gas operators, oilfield service companies, government agencies, universities and research institutes.

"Our mandate is to connect with as many potential manufacturers, distributors and users as possible. We welcome Mr. Westlund's skills in research, marketing and development planning. It is a positive direction for our operation," stated Robin J. Harvey, President of Rival Technologies.

In other news, Rival's engineering associates, M.A. Turbo Engineering, recently completed installation of a CWI system on a locomotive engine operated by Neptune Bulk Terminals. CWI technology is a continuous water injection system, installed on diesel engines allowing reductions in emissions while reducing fuel consumption and improving engine performance.

Rival Technologies Inc. is an innovative energy related technology company, investing in emerging technologies with extraordinary market potential. Rival has filed several provisional patents and patent applications and is now focused on licensing its technology for industry use.

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
    Website: www.rvti.com