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REG RESOURCES GROUP OBTAINS EXCLUSIVE WORLD RIGHTS TO SELL LICENSE AND MARKETING RIGHTS FOR RAND CAM ENGINE

 REG RESOURCES GROUP OBTAINS EXCLUSIVE WORLD RIGHTS
 TO SELL LICENSE AND MARKETING RIGHTS FOR RAND CAM ENGINE
 MORGANTOWN, W.Va., March 4 /PRNewswire/ -- At a time when the automotive industry is in a slump, a group of Americans and Canadians are developing a new type of rotary engine that has many more advantages than the celebrated German-made Wankel engine.
 The Rand Cam engine is being developed by Dr. James E. Smith, Ph.D., from the Centre for Industrial Research Applications at West Virginia University in Morgantown. The revolutionary engine is an internal rotary combustion engine with only three main moving parts and only 23 parts in total. It is one-sixth the weight by horsepower of existing piston engines, yielding an incredible power-to-weight ratio of one horsepower per pound of engine weight.
 The Rand Cam engine also has a stroke length of approximately 14 inches and its unique design provides four power strokes per revolution. This makes the powerhouse engine extremely smooth and vibration-free.
 The Rand Cam engine will run on propane or natural gas, which will be a boon to the environment and, according to the inventor, will get approximately 80 miles to the gallon in an automotive application. Bob Loyd, who is a specialist on rotary engines, says this engine is suitable for numerous applications, including marine, industrial, automotive and aircraft.
 Dr. Smith, who is beginning work on a second prototype, said that out of 20 new engine designs he looks at per year, only one is selected. The internationally renowned research scientist and his team have worked for Chrysler, General Motors, Cummins, General Dynamics and the Department of Defense. They are also consultants to NASA.
 Dr. Smith has also identified several niche markets which hold huge promise for the Rand Cam engine to be developed right through to manufacturing. The technical development of the Rand Cam engine constitutes an engineering exercise unrivaled in engine production since the 1950s, when the Wankel introduced the first rotary engine which earned him approximately $200 million from licensing agreements.
 The rights to the Rand Cam engine are held jointly by a private company and a publicly traded company, Reg Resources (RRE.V), owns a 40-percent interest along with the exclusive worldwide licensing and marketing rights.
 -0- 3/4/92
 /CONTACT: John Robertson, president, or Charles Desjardins, investor relations, of Reg Resources Corp., 800-661-6465 or 604-278-4455; or J. Griffiths and Associates, 604-736-5792, for Reg Resources Corp./
 (RRE.) CO: Reg Resources Corp. ST: West Virginia IN: AUT SU: PDT


DH -- DE009 -- 4826 03/04/92 09:26 EST
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Publication:PR Newswire
Date:Mar 4, 1992
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