REGI U.S., Inc. / Reg Technologies Inc. RadMax(TM) Pump Fabrication Completed and Assembly & Testing Underway.VANCOUVER, British Columbia -- REGI REGI Raptor Education Group Inc (Wisconsin) U.S., Inc. (OTCBB OTCBBSee OTC Bulletin Board (OTCBB). :RGUS) (FWB (Fixed Wireless Broadband) See fixed wireless. :RGJ RGJ Reno Gazette-Journal (Nevada, USA) RGJ Royal Green Jackets (a British Regiment) ) and Reg Technologies, Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:RRE RRE Red Rock Eater (News Service) RRE Road Race Engineering RRE Remote Roof Easy RRE Residential Real Estate RRE Rise-And-Run-Length Encoding RRE Royal Radar Establishment (Great Britain) ) (OTCBB:REGRF) today announced the following RadMax[TM] product development status: * RadMax[R]125 hp prototype pump fabrication complete. Assembly and testing underway. * RadMax[R]125 hp prototype radial shaft seals have been integrated to eliminate leakage between rotors and cams. * RadMax[R] engine design is currently being scaled to produce other sizes of the engine, including smaller, air-cooled versions up to 10 horsepower for UAV UAV Unmanned Aerial Vehicle UAV Unmanned Air Vehicle UAV Unmanned Aerospace Vehicle UAV Unmanned Airborne Vehicle UAV Uninhabited Air Vehicle UAV Urban Assault Vehicle UAV Unpiloted Aerial Vehicle (less common) applications. Next testing steps include: * Performance measurements of prototypes of RadMax[TM] pump * Validation of radial shaft seals performance for pump and compressor * Pump durability and performance benchmarking John Robertson, President of REGI U.S., Inc. and Reg Technologies Inc., states, "The pump and compressor applications will be a major milestone in commercializing the RadMax[R] technologies." About REGI U.S., Inc. and Reg Technologies Inc. REGI U.S., Inc. owns the U.S. rights to the Rand Cam[TM] / RadMax[TM] rotary technology that can be used as an engine, a pump, and also as a compressor, with only two moving parts -- the vanes (up to 12) and the rotor -- compared to the 40 moving parts in a simple four-stroke engine per revolution. This revolutionary design makes it possible to produce a total of 24 continuous power impulses, based on 12 vanes, that is vibration-free and extremely quiet. The Rand Cam[TM] / RadMax[TM] engine also has multi-fuel capabilities and is able to operate using fuels including gasoline, natural gas, hydrogen, propane and diesel. Reg Technologies Inc., and REGI U.S., Inc., are in the process of testing a Rand Cam[TM] / RadMax[TM] pump, compressor and a diesel engine for a generator application for hybrid electric cars and for unmanned aerial applications for the U.S. military. 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 TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. 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. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion