Locomotive Installation for Rival's CWI Technology
16 August 2005 - 3:00PM
Business Wire
Rival Technologies Inc., (OTCBB:RVTIF), announced today that it
will install a newly designed version of CWI Technology on a diesel
locomotive in the coming weeks. Rival's development partner, MA
Turbo/Engine Ltd. will design and install the CWI system on an
operating diesel locomotive located in Vancouver, Canada. "We
expect this application of CWI Technology to work effectively and
open up a new market for us. There are approximately 20,000 diesel
locomotives in operation in North America. Most are relatively old
and are under new EPA emission regulations. We believe CWI
Technology is the best retrofit solution for them to comply with
these regulations," stated Robin Harvey, President of Rival
Technologies Inc. CWI technology is a continuous water injection
system, allowing reductions in diesel emissions and reducing fuel
consumption as it improves engine performance. 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. Rival
Technologies Inc. (OTC Bulletin Board:RVTIF)
Rival Technologies (CE) (USOTC:RVTI)
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