EXHIBIT 99.3

          RTIN Holdings, Inc. Settles Lawsuits with Southridge Capital
                       Management LLC and Related Parties

Longview,  Texas, June 30, 2003 - RTIN Holdings,  Inc. ("RTIN")  announced today
that it has reached a final  agreement with Southridge  Capital  Management LLC,
Sovereign Partners Limited Partnership,  Dominion Capital Fund Limited,  Stephen
Hicks  and  related  parties  (the   "Investors")  to  settle  the  long-running
litigation between RTIN and the Investors.

In November 1998,  RTIN alleged the Investors were  manipulating  the market for
RTIN securities  through  short-selling of its stock,  RTIN brought suit against
Investors for securities fraud and refused to honor the Debentures it had issued
to the Investors  earlier that year.  The Investors  counterclaimed  for,  among
other  things,  enforcement  of the  Debentures.  In late  1999  RTIN  reached a
settlement agreement in principle with the Investors,  retracted its allegations
of wrongdoing,  and re-commenced  honoring the Debentures.  In 2001,  however, a
number  of  RTIN's  officers  and  shareholders  filed a new  suit  against  the
Investors,   once  again  making   allegations   of  short  selling  and  market
manipulation,  and in 2002 RTIN  attempted to reinstate its owns claims  against
the Investors.

RTIN  has  now  determined,  based  in part  upon  information  provided  by the
Investors during the litigation,  that there was and is no basis in fact for any
of RTIN's allegations of wrongdoing on the part of the Investors.  The Investors
did not engage in any unlawful or wrongful  conduct  with  respect to RTIN,  its
stock, its officers, or its shareholders.  In recognition and acknowledgement of
this fact and of RTIN's continuing  financial  obligation to the holders of RTIN
Debentures,  RTIN  has  reached  a final  settlement  with the  Investors.  This
settlement,  which has been executed by all necessary parties, fully and finally
resolves  RTIN's  claims  of  wrongdoing  by the  Investors  and the  Investors'
counterclaims. As a result of the settlement, all litigation between the parties
has been or will be dismissed.

Curtis A. Swanson, President and Chief Operating Officer of RTIN, commented, "We
at RTIN  deeply  regret  any harm  caused  to the  Investors  as a result of our
allegations  of  wrongdoing."  Mr.  Swanson  added,  "It is time  for us to move
forward with this business  model which is proving to have so much  promise.  We
are now able to put the litigation  behind us and focus on the future  successes
of RTIN and our  shareholders." Mr. Swanson went on to say, "We are very excited
about  our  future  for all our  operating  subsidiaries  and  look  forward  to
implementing this system through our national expansion program."

RTIN  acknowledges that one of the purposes of this press release is to undo, to
the  extent  possible,  the harm that has been  caused to the  Investors  by the
allegations  made against them by RTIN, its officers,  and its  shareholders.  A
spokesman for the Investors stated, "We are pleased to put this matter behind us
and wish RTIN every  success in the future as it moves forward with its business
plan."

Contact:   Curtis   A.   Swanson,   President   and  Chief   Operating   Officer
cswanson@rtinholdings.com or by telephone at 903-295-6800

Certain  statements  in  this  news  release  may  constitute  "forward-looking"
statements  within the meaning of section 21E of the securities and Exchange Act
of 1934.  The Company  believes  that its  expectations,  as  expressed in these
statements  are  based  on  reasonable   assumptions  regarding  the  risks  and
uncertainties  inherent in achieving those  expectations.  These  statements are
not,  however,  guarantees of future  performance  and actual results may differ
materially.  Other risk factors are listed in the most recent  Annual  Report on
Form 10-KSB and Quarterly  Report on Form 10-QSB filed with the  Securities  and
Exchange   Commission.    Such   forward-looking   statements   involve   risks,
uncertainties,  which may cause the actual results,  performance, or achievement
expressed or implied to differ.