Rival Technologies Inc.
OTC Bulletin Board : RVTIF

Rival Technologies Inc.

May 31, 2005 08:00 ET

Rival Technologies Files U.S. Patent on CWI Technology for Reduced Emissions/Improved Fuel Use in Diesel Engines

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 31, 2005) - Rival Technologies Inc., (OTCBB:RVTIF) announced today that the Company has filed an application with the United States Patent Office on its innovative CWI (Continuous Water Injection) Technology for use with diesel engines. The patent application covers aspects of both the system and process involved in the operation of the CWI Technology.

CWI Technology is a continuous water injection system, that, when installed on diesel engines, results in significant reductions of harmful nitrogen oxide and smoke emissions, improved fuel efficiency, and cleaner operation. Applications include heavy-duty on and off-road vehicles, marine vessels and large-scale commercial vehicles, like buses. Rival Technologies has been working toward this filing under the direction of its chief technology consultant, Dr. Anatoly Mezheritsky for the past 12 months. Details of the patent filing have not been made available until now in order to protect the proprietary nature of this development.

Robin J. Harvey, President and CEO of Rival Technologies states, "This is a significant benchmark to have behind us. Rival's team can now focus entirely on completing and testing a prototype for diesel trucks and buses. The patent filing also allows a new level of freedom to proceed with our extensive marketing plans and discussions with potential distributors, knowing that we have protected our exclusive rights to this leading-edge technology."

It is anticipated that this patent filing will be extended to cover the technology on a worldwide basis as appropriate for marketing and distribution or licensing.

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
    President
    (888) 989-0584