Hans Conser wrote:

Press relese 11/28/01

ROTARY POWER INTERNATIONAL, INC. TO DEVELOP A HYDROGEN FUELED ROTARY ENGINE GENSET

Wood-Ridge, New Jersey ­ Wednesday, November 28, 2001 - Ron McKeown,
President and CEO of Rotary Power International, Inc. (?RPI?) announced today that
RPI is planning to proceed with the development of a hydrogen fueled rotary engine
generator set.  RPI is considered the world leader in the development of large-scale
rotary engines, a possible solution in the quest to find a substantial power source
fueled by liquid and gaseous hydrogen and hydrogen blends.

This decision by RPI to develop a hydrogen fueled rotary engine was reached as a
result of preliminary inquiries from several hydrogen producers.  Two major
applications, fuel cells and the direct use of hydrogen as an engine fuel, are currently
being developed to provide power from hydrogen.  As an example, in the automobile
industry Ford and Honda are working to develop fuel cell technology and BMW and
Mercedes Benz are working to develop a car that will use liquid hydrogen as fuel in
internal combustion engines to directly power their vehicles.  Other storage systems
developed for automobiles include. hydrogen storage utilizing metal hydrides.

Past research by Mazda has demonstrated satisfactory operation of a rotary engine on
hydrogen fuel.  RPI?s research indicates the geometry of the rotary engine, particularly
its ability to prevent the pre-ignition of highly flammable fuels with rapid combustion
characteristics and high sensitivity to surface ignition; and the engine?s ability to ignite
and burn extremely lean mixtures, make it an ideal choice for hydrogen use.

John Mack, Vice President and Chief Engineer of RPI, who will be responsible for the
development of a hydrogen fueled rotary engine generator set, made the following
statement:  ?We have great confidence in the ability of our RPI rotary engines, based
on our current gaseous fueled engines, to operate very successfully on hydrogen while
experiencing a minimum of power reduction compared with their natural gas rating.
The applicability of rotary engines to hydrogen fuel has been demonstrated
repeatedly, as published by Mazda and several other researchers.?

John Mack has over 40 years of engineering experience in all aspects of internal
combustion engines and he is acknowledged as one of the senior engine designers in the
industry.  Mr. Mack?s association with the industry includes his tenure with
Curtiss-Wright Corporation and John Deere Technologies, Inc., both predecessor
owners of RPI?s rotary engine business, during which times he received recognition for
 a number of rotary engine design improvements.

Mr. McKeown stated:  ?Over the past two years, since the restructuring of RPI
began, we have carefully determined the best commercial applications for what had
been primarily military sponsored research and development.  A hydrogen fueled
 rotary engine is one of the applications selected.  For over forty years Curtiss-Wright,
 John Deere Technologies and RPI worked to develop a rotary engine that could
 compete with existing technology through superiority of design.   This was
accomplished by making an engine that is lighter, more durable, more compact and
capable of running on a wide variety of fuels-a scaleable engine capable of being built
to 3000 HP.  RPI engines of 500 HP with gaseous fuels and 1000 HP with liquid fuels
are already available.  Current market forces are fast tracking hydrogen fuel and we are
pleased that this industry has shown interest in our technology.?

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, 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 reports filed 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.

What do you think Jon? Bid to hoist the stock or does it have technical merit?

Paul Lamar
 
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