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Taglich Brothers Announces Buy Recommendation on Riviera Tool

26 February 1999

Taglich Brothers Announces a Strong Buy Recommendation on Riviera Tool Company

    NEW YORK, Feb. 26 -- The following is being issued by Taglich
Brothers, D'Amadeo, Wagner & Company, Incorporated, a member of the National
Association of Securities Dealers, CRD number 29102:

     Taglich Brothers, D'Amadeo, Wagner & Company, Inc. has initiated coverage
on Riviera Tool Company (Amex: RTC) (recent price: $5.00) with a strong buy
recommendation.  This tool and die supplier to the "Big Three" automobile
manufacturers and Tier One suppliers, has embarked on a capital expansion plan
that will double the Company's capacity.  This increased capacity will put RTC
in a position to benefit from OEM's increased reliance on independent
suppliers.
    For fiscal 1999 ending August, we estimate revenues of $26.2 million and
earnings of $0.88 per diluted share.  For fiscal 2000, we estimate revenues of
$30.1 million and earnings of $1.09 per diluted share.  Our 12 to 18 month
target price range is $8.80 to $11.00