Rotary Power International, Inc. to Display Engines at Fort Lauderdale International Boat Show

    WOOD-RIDGE, N.J.--Oct. 7, 2002--Rotary Power International, Inc. ("RPI")(OTCBB:RPIN) is pleased to announce it will be displaying the world's only diesel fueled marine rotary engines at the Fort Lauderdale International Boat Show between October 31, and November 4, 2002.
    Henry Gonzalez COO states, "This show represents several firsts for RPI. It will be the first time we have displayed our engine independently in an international boat show. We will soon be starting production of the first diesel fueled marine rotary engine in the world. In January, we introduced RPI's diesel fueled marine rotary engine at the Seattle Boat Show with Safe Boats International, LLC ("Safe Boats"). Since that time the engine has been successfully sea tested. We will be displaying an entire line of engines in our own booth. The response we have received worldwide since Seattle indicates that there is a great deal of anticipation and excitement from the marine world for our unique engine."
    The following statement is from the Fort Lauderdale Boat Show's website, "The 43rd Annual Fort Lauderdale International Boat Show(R), displays more than a billion dollars' worth of boats, yachts, and accessories from every major marine manufacturer worldwide. It is the world's premier venue for super yachts."
    Rotary Power International, Inc. will have a 20 x 20 foot booth at the Fort Lauderdale Boat Show. It will display a 250 HP 2 rotor 70 series engine, a 500 HP 4 rotor 70 Series engine and a 1000 HP 2 rotor 580 series engine. Video footage of the Safe Boats tests as well as rotor demonstrations and engine components will be on display. Several RPI employees will be available to answer questions. The booth, #1263, is in an excellent location across from the food concession.
    RPI and Sterling Marine Systems will have a 250 HP rotary engine in a 25 foot center console SeaVee Jet Drive boat for test drives at the show. Sterling Marine Systems is the distributor for Hamilton Jet Drives for Florida and Georgia and together with RPI Sterling Marine Systems hopes to develop a unique power package of rotary engines combined with jet drives for boats. This winning combination of light weight and shallow draft is extremely attractive to builders of RIBS (rigid inflatable boats) commonly used in yachts for tenders and also commonly used by the military. RPI's engines currently have a power range between 150 HP and 3,000 HP.

    Safe Harbor Statement

    This press release contains "forward-looking statements" based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially. These risks and uncertainties include price and product competition, dependence on new product development, RPI's ability to obtain sufficient funding to be successful, reliance on major customers, customer demand for our products, control of costs and expenses, general industry conditions and interest rate and currency exchange rate fluctuations. For a further list and description of such risks and uncertainties, see the public filings made by RPI with the Securities and Exchange Commission. RPI disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    For Further Information on RPI Visit our Web Site at:
    http://www.rotarypowerinternational.com