17.07.2007 13:00:00

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.

Nachrichten zu Regi US IncShsmehr Nachrichten

Keine Nachrichten verfügbar.

Analysen zu Regi US IncShsmehr Analysen

Eintrag hinzufügen
Hinweis: Sie möchten dieses Wertpapier günstig handeln? Sparen Sie sich unnötige Gebühren! Bei finanzen.net Brokerage handeln Sie Ihre Wertpapiere für nur 5 Euro Orderprovision* pro Trade? Hier informieren!
Es ist ein Fehler aufgetreten!

Aktien in diesem Artikel

Regi US IncShs 0,00 0,00% Regi US IncShs