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Albert R. Dowden Joins Rotary Power International, Inc. Advisory Board

3 August 2000

Albert R. Dowden Is Former President, CEO and Director of Volvo Group North America

    WOOD-RIDGE, N.J. - The Board of Directors of Rotary Power International, Inc., 
is pleased to announce that Mr. Albert R. Dowden has been appointed to the newly 
created Advisory Board of RPI and its wholly-owned subsidiary, Pegasus 
Technologies Incorporated effective Monday, July 31, 2000.

    Mr. Dowden retired in 1998 after a 24-year career with Volvo Group North
America, Inc. and Volvo Cars of North America, Inc.  Mr. Dowden joined Volvo
as Corporate Secretary in 1974 and was promoted to increasingly senior
positions until 1991 when he was appointed President, Chief Executive Officer
and Director of Volvo Group North America and Senior Vice President of Swedish
parent company AB Volvo.  Since retiring, Mr. Dowden continues to be a
Corporate Director, currently of the Corltland Fund, DHJ Media, Inc., each of
which he serves as Chairman and Magellan Insurance Company.  As well, Mr.
Dowden's charitable endeavors currently include serving as Chairman of Madison
Square Boys & Girls Club in New York and as Director of The American
Scandinavian Foundation and the American Institute for Public Service.

    Mr. Dowden is a graduate of Middlebury College (B.A.) and New York
University School of Law (J.D.).  He was admitted to The Bar of the State of
New York, and began his career as an attorney with a major international law
firm, Rogers & Wells (1967-1974), (now Clifford Chance, Rogers & Wells).

    During his stay at Rogers & Wells his career emphasized on corporate and
securities law, mergers and acquisitions including negotiating and drafting of
contracts.  He also handled litigation, government lobbying and he gained
experience in regulatory matters.

    Mr. Virgil E. Wenger, Chairman of the Board of Directors of RPI is pleased
to have Mr. Dowden join the Advisory Board bringing his experience in industry
and government relations and corporate and business development.  Mr. Wenger
stated, "We are continuing to implement the strategy to build an Advisory
Board comprised of independent members who have demonstrated a high level of
ethics, credibility and experience."

    RPI is internationally recognized as the leader in the field of heavy
fueled rotary engines especially the Stratified Charge Omnivorous Rotary
Engines.

    RPI's common shares are quoted on the Nasdaq Over-the-Counter Bulletin
Board under the symbol RPIN.  

    In order to communicate company progress and improve information to
shareholders, RPI has retained Londonderry Capital Structuring Ltd. to provide
full spectrum investor relation services.