17.07.2007 13:00:00
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REGI U.S., Inc. / Reg Technologies Inc. Announce RadMax(R) Compressor Fabrication Assembly and Testing Underway
REGI U.S., Inc. (OTCBB:RGUS) (FWB:RGJ) and Reg Technologies Inc. (TSX
VENTURE:RRE) (OTCBB:REGRF) today announced the following RadMax®
product development status:
RadMax® 10-inch diameter prototype
compressor fabrication is underway.
Proprietary material will coat internal surfaces to facilitate safe
run-dry operation.
RadMax® Compressor includes many components
common to RadMax® Pump, which reduces
production unit cost.
RadMax® Compressor designed for any gaseous
use (air, refrigerant, carbon dioxide, etc.).
Planned testing steps include:
Performance measurements of prototype RadMax®
compressor.
Validation of seals performance for compressor environment.
Compressor durability and performance benchmarking including volume
per revolution, compression ratio, and temperature increase due to
compression.
Lynn Petersen, Vice President of Marketing for REGI U.S., Inc., states, "RadMax®
technology compressors are one of the most efficient designed and are an
important part of our business model. Validation of prototype design
specifications, during this test period, will allow us to quickly move
forward in signing revenue opportunities related to global
refrigeration, air conditioning, industrial processes, and portable
compressor applications.” About REGI U.S., Inc. and Reg Technologies Inc.
REGI U.S., Inc. owns the U.S. rights to the Rand Cam™/RadMax®
rotary technology used in the revolutionary design of lightweight and
high efficiency engines, compressors and pumps. The RadMax®
engine has only two unique moving parts, the vanes (up to 12) and the
rotor, compared to the 40 moving parts in a simple four-cylinder piston
engine. This innovative design makes it possible to produce up to 24
continuous power impulses per one rotation that is vibration-free and
extremely quiet. The RadMax® engine also has
multi-fuel capabilities allowing it to operate on fuels including
gasoline, natural gas, hydrogen, propane and diesel. REGI U.S., Inc. and
parent company Reg Technologies Inc. are currently designing and testing
prototype RadMax® diesel engines, compressors
and pumps intended for aviation, automotive, industrial processes and
military applications. For more information, please visit www.regtech.com.
ON BEHALF OF THE BOARD OF DIRECTORS
"John Robertson”
John Robertson
President
Forward-Looking Statements
The TSX Venture Exchange has neither approved nor disapproved of the
information contained herein. Statements in this press release regarding
Reg Technologies/REGI's business which are not historical facts are "forward-looking
statements” that involve risks and
uncertainties, including the impact of competitive products and pricing,
the need to raise additional capital, uncertain markets for the
Company's products and services, the Company's dependence on third
parties and licensing/service supply agreements, and the ability of
competitors to license the same technologies as the Company or develop
or license other functionally equivalent technologies.
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