Rival Technologies Inc.
OTC Bulletin Board : RVTIF

Rival Technologies Inc.

May 20, 2005 08:00 ET

Rival Technologies Moves Corporate Jurisdiction to the United States

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 20, 2005) - Rival Technologies Inc., (OTCBB:RVTIF) announced today that the Company is moving its corporate jurisdiction to the United States. This move allows Rival to be more accessible to the global market and facilitate its sales and marketing efforts expected to commence later this year.

Shareholders approved the move at the Annual Meeting held April 15, 2005. Legal counsel is facilitating the necessary filings in the coming days. Upon completion of these filings, Rival will relocate its head office to the United States, while retaining an administrative office in Vancouver, Canada.

Robin J. Harvey, President and CEO of Rival Technologies stated, "The need for technologies that reduce emissions is truly a global concern. We are seeing more legislative action regarding pollution worldwide, most notably with diesel engines. This move will equip Rival to market our technology both in North America and internationally."

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
    (604) 689-0584 or 1-888-989-0584