Rival Technologies Inc.
OTC Bulletin Board : RVTI

Rival Technologies Inc.

October 13, 2008 09:00 ET

Rival Technologies Inc.-Regulation S Stock Transferred

LAS VEGAS, NEVADA--(Marketwire - Oct. 13, 2008) - Rival Technologies Inc. (OTCBB:RVTI) is pleased to announce that all stock certificates bearing the foreign CUSIP number 78845101 have now been transferred to the United States CUSIP number 768027104. We have requested the foreign CUSIP be cancelled by the CUSIP bureau.

The subject shares were issued by the Issuer in Europe in connection with an offering pursuant to Regulation S promulgated by the Securities and Exchange Commission whereby 4,000,000 shares were issued on April 21, 2004 and 5,000,000 shares were issued on September 14, 2005. In issuing the shares, the Issuer relied on an exemption from registration provided by Section 903 of Regulation S. All sales were offshore transactions, with no directed selling efforts in the United States. At the time of their issuance, the shares were restricted securities and could not be sold to or for the account of a United States person or in the United States without registration unless an exemption from registration existed. All of such shares bore a foreign CUSIP number 78845101. Following their issuance, the shares were registered and sold on the Frankfurt Stock Exchange and the Berlin Stock Exchange.

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.

Douglas B. Thomas, President & CEO

Rival Technologies Inc.

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 Company's 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.

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