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Monday, 11/06/2006 10:59:17 AM

Monday, November 06, 2006 10:59:17 AM

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Rodedawg International Industries, Inc. and Altmann Marketing & Associates of Argentina Agree to Sign a Letter of Intent for a Non-Exclusive Distribution Agreement for 6 South American Countries
Nov 6 2006 11:13AM ET

HAYWARD, Calif., Nov 06, 2006 (BUSINESS WIRE) -- Rodedawg International Industries, Inc. (Pink Sheets:RWGI) announces today they have entered into a letter of intent for a non-exclusive distribution agreement with Altmann Marketing & Associates, to distribute its amphibious vehicles in South America, some of the requirements per the letter of intent includes a monthly goal of 42 units and a minimum of 42 units per each order.
"As of today Altmann Marketing agree to the general terms of the letter of intent and both companies will enter into a formal Agreement subject to the acceptance of both parties," said Luis Pallais, Chairman and Chief Executive Officer of Rodedawg International Industries, Inc.

Achievement of the final agreement and minimum sales for the first year per letter of intent, could add over US $20 million to Rodedawg's overall sales the first year.

About Rodedawg International Industries, Inc.

Rodedawg International Industries, Inc. (RWGI.PK) is the company behind the revolutionary, new amphibious 4x4 off-road vehicle that performs on land and water. The new Rodedawg, because it is an amphibious (land and water) vehicle, is filling a space in the market that virtually has no competition. The company owns the trademark rights "RODEDAWG" in many countries around the globe and plans to be the sole distributor of these amphibious off-road vehicles worldwide. For more information visit http://www.rodedawg.com.

Rodedawg! An emergency rescue & disaster relief vehicle:

The Rodedawg is a revolutionary, new-to-the-civilian-market, amphibious 4x4 off-road vehicle that performs on land and water. The Rodedawg could be an ideal added solution to any disastrous flood or hurricane situation as a rescue and protection unit either by land or water. The Rodedawg can also be a wonderful tool for patrolling flooded areas to prevent looting and other hazardous situation crimes. Important: the Rodedawg can and will save lives. It is important to recognize that a public emergency organization (fire and police departments, etc.) in every city worldwide would benefit and should have one of these vehicles as part of their rescue, protection, and theft prevention equipment. The Rodedawg offers the speed and endurance of an off-road 4x4 vehicle that, at a moment's notice, can be driven into almost any type of flooding or water situation. The Rodedawg can reach almost any place a vehicle needs to go by land or water.

Have fun in a Rodedawg!

The recreational uses of the Rodedawg are unlimited. If you enjoy outdoor adventures, exploring, boating, rugged trails, hunting, fishing or any other thing an adventurer might dream up, then you need to see, ride in, and own a new, exciting Rodedawg.

Even though the Rodedawg, which is a land and water vehicle, is new to the civilian world market, it is important to understand that this vehicle has been used extensively and successfully by the Chinese military for many years. The Rodedawg is probably the only mass-produced amphibious, off-road 4x4 vehicle to enter the world market. The Rodedawg's tremendous adaptability makes its usefulness almost unlimited in both work and recreational activities. In a work environment, the Rodedawg could be anything from a security vehicle patrolling and cruising the Rio Grande River bordering Mexico and the U.S., or a simple land and water rescue vehicle. The Rodedawg fills a unique niche in the emergency rescue land and water applications.

Those interested in securing a "Rodedawg" in the USA or buying a "Rodedawg" in other markets or in becoming a dealer can visit www.rodedawg.com and call 800-793-0355 or email sales@rodedawg.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:

Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. Forward-looking statements can often be identified by words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "could," "potential," "continue," "ongoing," similar expressions, and variations or negatives of these words. These forward-looking statements are not guarantees. The sale of certain products and services may not develop as expected; the development of these products and services may not proceed as planned. The company stock may also be affected by other risks as described from time to time.

SOURCE: Rodedawg International Industries, Inc.



CONTACT: Rodedawg International Industries, Inc.
Corporate Inquiries:
Luis Pallais, CEO, 800-793-0355
www.rodedawg.com
or
Investor Relations, 800-793-0355
ir@rodedawg.com
or
In Touch Media Group, Inc.
Media Inquiries:
Laura Betterly, CEO, 727-465-0925
www.intouchmediagroup.com


Copyright Business Wire 2006

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KEYWORD: Argentina
United States
North America
South America
California
INDUSTRY KEYWORD: Travel
Transportation
Automotive
Off-Road Trucks & SUVs
Performance & Special Interest
SUBJECT CODE: Contract/Agreement
Product/Service


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