Rival Technologies Inc.-Subsidiary Contracts Independent Engineering Consultant.

Canadian Corporate News, January, 2008

LAS VEGAS, NEVADA, Jan 9, 2008 (Marketwire via COMTEX) -- Rival Technologies Inc. (PINK SHEETS:RVTI) reports that subsidiary TRU Oiltech has contracted the services of an independent third party engineering consultant to provide an unbiased valuation of it's synthetic crude product TRULITE(TM). The analysis will provide the Company's potential development partners with independent verification of the market value of TRULITE(TM). Completion of the report is expected within six weeks and moves the company towards finalizing licensing agreements with one or more heavy oil producers.

Management has been actively meeting with heavy oil producers over the past several months in line with its strategy to complete one or more license agreements in early 2008. This will...