Fortune 500 Global

Rival Technologies, Inc. (OTCBB: RVTI) announces delighted that on 11 November 2009 announced here without any Finanzierungsuebereinkommen Dilution for existing stockholders was signed.

The Bridge Gap Konsult, based in Calgary, Canada-led Investors Group is shown below in detail in the project Over the next 36 months Apply. From the Non-recourse Convention resulting funds are for the continuous development of the TRU-making process, from pilot to production in three stages for the disposal made.

The first phase is U.S. $ 6 million for the development, Creation and operation of the pilot plant with an already announced, continuous production of one barrel per day (bpd) provided. After successful completion of Phase One will be more 16 million USD for the Development, the creation and operation of a ‘phase Zwei’ demonstration facility provided. The company sees the future expectation regarding the TRU process and is contrary to it immediately available options for securing a concession or strategic partner for the demonstration plant with a Demand quantity of at least fifteen explore bpd.

The Phase Three funding in height from 115 million USD is for the development, creation and operation of a jointly with a still to be designated industrial partner managed production plant with at least 10,000 bpd made available to.

Although there is no absolute certainty so that at this time fully utilized production phase has been reached, the Company believes that a reasonable probability is that each phase successfully within the planned time frame will be completed. In a preview model of preceding tax based revenue projections result in an estimation of 7 million in High USD annually for each increase by 10,000 bpd. There are more Announcements throughout each phase of progress made.

Worldwide, there are enormous Olsand and Schwerolvorkommen. Alone Canadian producers have a total reserve of 1.3 trillion barrels Schwerol which are required in the next 40 years must. Before Raw material is transported to the refinery from the Fence, he has prepared will. These producers represent the main market for the Technology, the TRU process.

Douglas B. Thomas, President + CEO

The logo of Rival Technologies Inc. is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6914

Certain statements in this release are ‘Predictions’ in the meaning of federal securities laws dar. The current Results of operations can possibly differ from those anticipated. Please do not consider this information as investment advice. It not is a buy or sell securities brokerage. It is also not given it a complete analysis of the Company represents. Investing in securities is a Speculative business and involves high risks. Prior performance is put no guarantee of future results dar. Readers should for any equipment, including any facility referred to their own consult with independent advisors. All information contained in this release Information require independent investigation. These Press release contains predictions. These notes involve risks and Uncertainties. The risks are not limited to quarterly fluctuations in Results or on the growth and competitive management of the company limited. Other risks are detailed in the reports of the disclosed U.S. Borsenaufsichtsbehorde taxes. Actual results can differ materially from such, information presented herein differ.

Tags: company believes that, canadian producers, otcbb, bridge gap, demonstration plant