Rival Technologies Inc. (RVTI)

[D2Chris]

News:

http://rvti.com/news/first-license-of-tru-technology/

First License of TRU Technology
Henderson, Nevada, July 20, 2012 – Rival Technologies Inc. (US Symbol: RVTI) has entered
into its first license agreement relating to commercial development and use of TRU Technology.
This agreement provides the Licensee with worldwide rights to TRU Technology when used in
combination with a separate hydro-treating technology; and allows Rival to continue to
develop and license TRU as a stand alone technology to other oil producers and refiners.

This first license will help advance TRU Technology to commercial use, and provide revenue to
Rival through payment of license fees and royalties.

TRU Technology is a ground breaking process for upgrading bitumen and heavy oil to synthetic
crude oil. The TRU process takes heavy oil or bitumen at the field level and produces a pipeline
grade synthetic crude oil. It offers a cost effective, environmentally sensitive solution to oil
producers, saving them millions in transportation and refining costs.

Rival is now focused on licensing TRU Technology to oil producers and other potential users.
Rival is also pursuing a financing that will allow it to complete additional testing, finalize its
worldwide patent and develop its own continuous feed pilot plant.

On Behalf of the Board of Directors