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Rodedawg International Industries, Inc. Awards Distribution Agreement for Rodedawg Vehicles in Panama to Best Price Car Rental

Rodedawg International Industries, Inc. (OTC: RWGI) announces today they have entered into a non-exclusive distribution agreement with Best Price Car rental to distribute its amphibious vehicles in Panama, subject to the requirement of placing orders for a minimum of 100 vehicles in 2006. This agreement stipulates that Best Price Car Rental is required to establish, in favor of Rodedawg, a 30% deposit and irrevocable letter of credit for the balance of each purchase order.

Achievement of the minimum sales for 2006 per the distribution agreement, could add over $4.5 million to Rodedawg's overall sales for the year. Rodedawg International is targeting all Latin America countries, including the Caribbean, to distribute the Rodedawg.

"We feel confident that by taking on the distribution of the Rodedawg, it will add to our business reputation, success and name recognition," says Mariela Pena Cossu, General Manager of Best Price Car Rental.

"We believe that Panama, the Financial Center of Latin America and a well-known tourist destination in the world, will be a great market for the Rodedawg products because of its tremendous adaptability," said Luis Pallais, Chairman and Chief Executive Officer of Rodedawg International Industries, Inc.

About Rodedawg International Industries, Inc.

Rodedawg International Industries, Inc. is the company behind the revolutionary, new amphibious 4x4 off-road vehicle. The vehicle's ability to perform on land and water fills a space in the market where there is virtually no competition. For more information visit www.rodedawg.com.

Those interested in becoming a sales agent or in purchasing a Rodedawg unit can contact Rodedawg International Industries, Inc. by calling 1-800-793-0355 or e-mailing info@rodedawg.com

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Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. Forward-looking statements can often be identified by words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "could," "potential," "continue," "ongoing," similar expressions, and variations or negatives of these words. These forward-looking statements are not guarantees. The sale of certain products and services may not develop as expected; the development of these products and services may not proceed as planned. The company stock may also be affected by other risks as described from time to time.

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