Rival Technologies Inc.
Rival Technologies Inc. – Patent Awarded for Intellectual Property
Rival Technologies Inc. / Miscellaneous Corporate news transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Rival Technologies Inc. – Patent Awarded for Intellectual Property Las Vegas, Nevada, February 8, 2007 - Rival Technologies Inc. (Symbol R1W, security code A0HHCZ) is pleased to report it has been notified that the patent for CWI technology, applied for in May 2005, was awarded by the U.S. patent office on January 10, 2007. This worldwide patent protects our water injection technology which provides a cost-effective solution for reducing noxious emissions, and improving fuel efficiency. The patent comes at a time when commercial applications of diesel engines worldwide are subjected to broadening regulations setting strict emissions standards and fuel costs hover at unprecedented levels. A recently completed market research study undertaken by Rival Technologies indicates there is a substantial market for the technology. Business development activities are under consideration to choose the best way to penetrate this emerging billion-dollar industry. Rival is focused on developing emerging technologies that benefit the environment, reduce global warming, and have extraordinary market potential. The company is in a sound financial position, with sufficient cash on hand to fund current operations for the next 24 months. All regulatory filings will be up to date by March, 2007 and the company will resume trading on the OTCBB shortly thereafter. On behalf of the Board of Directors ‘Robin J. Harvey’ ____________________ 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: Investor Relations 3155 East Patrick Lane, Suite 1 Las Vegas NV 89120 Tel: 001-866-601-1340 Website: www.rvti.com Email: rvti@internet-ir.com DGAP 08.02.2007 ----------------------------------------------------------------------
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