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RVTI Rival Technologies Inc (PK)

0.017
0.00 (0.00%)
18 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Rival Technologies Inc (PK) USOTC:RVTI OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.017 0.017 0.3888 0.00 12:06:24

Locomotive Installation for Rival's CWI Technology

16/08/2005 2:00pm

Business Wire


Rival Technologies (PK) (USOTC:RVTI)
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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)

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