Exhibit 99.1

FOR IMMEDIATE RELEASE

Chicago Rivet & Machine Co. Announces Third Quarter Results of Operations.

Naperville, IL, November 10, 2008.  Chicago Rivet & Machine Co. (Amex, symbol: CVR) today

announced results for the third quarter of 2008 as summarized below:

CHICAGO RIVET & MACHINE CO.

Summary of Consolidated Results of Operations

For the Three and Nine Months Ended September 30

	Third Quarter					First Nine Months
	2008			2007		2008			2007
­­Net sales and lease revenue	$	6,662,021			9,043,603	$	23,123,359		$	29,121,499
Income (loss) before income taxes		(295,409	)		579,101		(284,158	)		1,869,772
Net income (loss)		(195,409	)		372,101		(187,158	)		1,205,772
Net income (loss) per share		(.20	)		.39		(.19	)		1.25
Average shares outstanding		966,132			966,132		966,132			966,132

(All figures subject to year-end audit)

Contact:

     Kimberly A. Kirhofer

     Chicago Rivet & Machine Co.

     (630) 357-8500