SOURCE: Rotoblock Corporation

December 15, 2005 08:00 ET

Rotoblock Update on Intellectual Property

VANCOUVER, BC -- (MARKET WIRE) -- December 15, 2005 -- Due to numerous inquiries regarding the patent, we would like to clarify the current status of the patent and the future plans. The option to acquire the patent from the original inventor remains in good standing at a value of US$1.5 Million. The option expires on May 31, 2007. Rotoblock Inc. (OTC BB: ROTB) reserves the right to renegotiate the option before the due date. Rotoblock Inc. thus remains in possession of the Oscillating Piston Engine (OPE) technology. Rotoblock Inc. staff continues to develop and market the OPE as planned. Rotoblock Inc. is confident that the OPE engine prototype operation will commence by the end of the last quarter of 2005.

Matthias Heinze

President

About Rotoblock Corporation

Rotoblock is focused on the continued development and improvement of the Oscillating Piston Engine to the state where its mechanical, ecological and economic viability leads to the profitable licensing of the manufacturer's rights to a proprietary patented design or a partnership for its manufacture. The company was incorporated in Nevada, is headquartered in Santa Rosa, California, and has its operating labs in Vancouver, Canada. The Company has full rights to the patents of the original Oscillating Piston Engine and believes the Rotoblock Oscillating Piston Engine has particular and useful applications in developing countries such as China and India and will be including these areas in the marketing and commercialization phase of this engine. Visit Rotoblock's corporate website for details about the company, technology, and regulatory filings. The address is: http://www.rotoblock.com.

Safe Harbor For Forward-Looking Statements

Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Rotoblock Corporation has little or no control.

Contact Information

  • CONTACT:
    Rotoblock Corporation
    Tony R. Collins
    (877) 511-0110