Rival Technologies Inc.
PINK SHEETS : RVTI

Rival Technologies Inc.

August 29, 2007 09:01 ET

Rival Technologies Inc.-New CEO Appointed

LAS VEGAS, NEVADA--(Marketwire - Aug. 29, 2007) - Rival Technologies Inc. (PINK SHEETS:RVTI) is pleased to report that Douglas B. Thomas has been appointed President, CEO and Director of the company. His appointment supports the company's new initiative in commercializing TRU™ and TRULITE™.

Doug brings extensive oilfield experience to the company, the majority in delivering on marketing initiatives of manufactured products, worldwide. His experience, gained from successful introductions of oilfield products to markets in North and South America, Russia, China and Australia will be of great benefit to Rival as it moves to commercialize it's recently patented TRU™ process and TRULITE™ synthetic crude oil.

He replaces Robin J. Harvey, who will continue to be in charge of regulatory filings and related administrative functions on behalf of the company.

Rival Technologies Inc. is an innovative energy related technology company, investing in emerging technologies. Rival has filed several provisional patents and patent applications and is now focused on licensing its technology for industry use. Each technology benefits the environment, reduces global warming, and has exceptional market segment potential.

Douglas B. Thomas, President and CEO

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