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Riviera Tool Company Selected as Successful Company

17 November 1998

Riviera Tool Company Selected as one of IW Growing Companies 25 America's Most Successful Small Manufacturers

    GRAND RAPIDS, Mich., Nov. 16 -- Riviera Tool Company
(Amex: RTC) has been selected by IW Growing Companies, the leading management
magazine for small to midsized manufacturers, to be in the inaugural class of
the IW Growing Companies 25, America's Most Successful Manufacturers.  The
IWGC 25 recognizes small companies that manage well nearly every discipline
required of a modern manufacturer.
    Profiles of the IWGC can be found at http://www.iwgc.com.
    To be considered, companies must have fewer than 500 employees; exist for
at least three fiscal years; be independent; and have U.S. headquarters.  The
IWGC 25's aggregate financial performance and best practices also can be found
at http://www.iwgc.com.
    "The IWGC 25 represents the vitality of U.S. manufacturing: small public
and private companies that are laying a foundation of 'best practices' that
will enable them to grow successfully and profitably," said IW Growing
Companies Editor-in-Chief John R. Brandt.  "These are companies that are
managing and guiding rapid growth while satisfying the needs of customers,
stakeholders, and employees."
    This release contains forward-looking statements relating to future
financial and other results.  Forward-looking statements include statements
concerning plans, objectives, goals, strategies, future events or performance
and underlying assumptions and other statements that are other than statements
of historical facts.  Such forward-looking statements may be identified by the
use of the words "anticipates," "expects," "plans," "predicts," "projects,"
and similar expressions.  These cautionary statements and any other cautionary
statements that may accompany the forward-looking statements expressly qualify
all such statements.  Forward-looking statements involve risk and
uncertainties that could cause actual results or outcomes to differ materially
from those expressed in the forward-looking statements.
    Riviera designs, develops and manufactures custom large scale metal
stamping die systems used in the high speed production of sheet metal stamped
parts and assemblies for the automobile industry.  Riviera's common stock
trades on the American Stock Exchange under the symbol "RTC".