RVTI Rival Technologies Inc (PK)

Rival Technologies Inc. (OTCBB:RVTI) reports that its oil and gas subsidiary, TRU Oiltech, has received preliminary results from its current test program at the Alberta Research Council. Results show that the TRU reagent and its process successfully produced a high yield, low density (27 API for light oil vs. 9.3 API gravity for heavy oil feed), 88% lower acidity, ash-free light oil having a 99% lower viscosity than the heavy crude oil feed. The Company plans further tests and will provide updated information over the coming weeks. 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:RVTI)