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RODI Power Systems, Inc. Announces Initial Public Offering

28 October 1997

RODI Power Systems, Inc. Announces Initial Public Offering

    KENT, Wash., Oct. 28 -- RODI Power Systems, Inc. announced
today it went effective with its best efforts initial public offering of
5,000,000 Units at $4.25 per Unit.  Each Unit consists of one share of Common
Stock and one redeemable Common Stock purchase warrant exercisable at $5.00
per share.  The company anticipates closing the offering within 90 days and
subsequently being listed on the NASDAQ Market under the symbol RODI.  The net
proceeds to the company are expected to be used for completion of product
development activities and to initiate product production.  Intrepid
Securities, Inc. is the underwriter of this offering.
    A prospectus relating to the offering can be obtained from Stephen Kelly,
Intrepid Securities, Inc., 21515 Hawthorne Blvd., Suite 990, Torrance, CA
90503, telephone number 310-792-2525.
    RODI Power Systems, Inc. is a development stage company that is currently
completing development of the HT1-450 Reverse Uniflow engine for the heavy-
duty diesel truck market.  With its unique reverse uniflow two-stroke cycle,
V-4 configuration, and two point microprocessor engine control, the HT1-450 is
designed to be significantly lighter in weight and smaller in size than
competitive engines, resulting in an increase in payload for any truck using
it.
    This press release shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of these
securities in any State in which such offer, solicitation, or sale would be
unlawful prior to registration or qualification under the securities laws of
any such State.

SOURCE  RODI Power Systems, Inc.