RINO RINO International Corp (CE)

The law firm of Izard Nobel LLP, which has significant experience representing investors in prosecuting claims of securities fraud, announces that a lawsuit seeking class action status has been filed in the United States District Court for the Central District of California on behalf of purchasers of the common stock of RINO International Corporation ("RINO" or the "Company") (NASDAQ: RINO) between February 17, 2009 and November 12, 2010, inclusive (the "Class Period"). Also included are those who purchased in the direct Offering in December 2009.

The Complaint charges RINO and certain of its officers and directors with violations of federal securities laws. Specifically, defendants failed to disclose that the Company's financial results were inflated and were inconsistent with results reported to tax authorities in China. During the Class Period, while RINO stock was artificially inflated, the Company consummated a direct offering of nearly 3.3 million shares of common stock at $30.75 per share.

On November 10, 2010, a research firm issued a report claiming that RINO had fabricated customer relationships and inflated revenue, noting the discrepancy between RINO's revenue of $192.6 million reported in its fiscal 2009 Form 10-K and its revenue of $11 million reported in its annual report for fiscal 2009 filed with the China State Administration of Industry and Commerce. On November 15, 2010, RINO announced disappointing third quarter 2010 results and reduced its revenue forecast for 2010. On this news, RINO's stock collapsed to $7.55 per share.

If you are a member of the class, you may, no later than January 14, 2011, request that the Court appoint you as lead plaintiff of the class. A lead plaintiff is a class member that acts on behalf of other class members in directing the litigation. Although your ability to share in any recovery is not affected by the decision whether or not to seek appointment as a lead plaintiff, lead plaintiffs make important decisions which could affect the overall recovery for class members.

While Izard Nobel LLP has not filed a lawsuit against the defendants, to view a copy of the Complaint initiating the class action or for more information about the case, and your rights, visit: www.izardnobel.com/rino/, or contact Izard Nobel LLP toll-free: (800)797-5499, or by e-mail: firm@izardnobel.com. For more information about class action cases in general, please visit our website: www.izardnobel.com.

CONTACT: Nancy A. Kulesa or Wayne Boulton (800)797-5499 www.izardnobel.com Email Contact