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REG STRIKES MULTIMILLION-DOLLAR DEAL TO SECURE CONTROLLING INTEREST IN THE RAND CAM ENGINE

 REG STRIKES MULTIMILLION-DOLLAR DEAL TO SECURE CONTROLLING INTEREST
 IN THE RAND CAM ENGINE
 VANCOUVER, British Columbia/MORGANTOWN, W.V., Aug. 6 /PRNewswire/ -- Controlling interest in the revolutionary Rand Cam engine has now been secured by Reg Technologies Corp. (Vancouver: RRE). The engine developer now has a 51-percent interest in the multimillion-dollar potential Rand Cam engine after acquiring an additional 11-percent interest in the Rand Energy Group Inc. Rand Energy Group Inc. owns 100-percent interest in all rights to the Rand Cam engine. Reg Technologies Corp. will pay $10,000 and 100,000 treasury shares for the additional interest as well as two consecutive payments of $500,000 due in July 1993 and 1994, respectively. Reg Technologies Corp. will also pay a 5-percent net profit interest to the Rand Cam Engine Corp. of up to $10 million.
 The Rand Cam engine is destined to surpass any engine in the lightweight engine category. The engine yields an astonishing 1 horsepower for every 3/4 pound of engine weight. The automotive engineering team at West Virginia University, and its director, Dr. James Smith, who are currently working on the second prototype, said, "The new engine will generate a 100 hp punch, and you can literally carry it under your arm, as it will be only 12 inches in diameter."
 Based on the recent progress report from WVU, the revolutionary internal rotary combustion engine with only three main moving parts represents a technological breakthrough in the propeller-driven engine market. The powerhouse engine is ideal for boats, planes and helicopters. In addition, the engine with its simplistic design is adaptable to standard technology, so there is no costly plant restructuring for manufacturers.
 Market research shows a multibillion-dollar market awaits the Rand Cam engine; therefore, Reg Technologies is poised for explosive growth.
 The following chart indicates the many engine markets and their respective engine volume:
 INDUSTRY ENGINES SOLD ESTIMATED $ VALUE
 1. AIRCRAFT AND HELICOPTER
 Existing Piston Aircraft(a) 300,000 $4.5 billion
 New Aircraft Annually 14,000 $210 million
 (plus engines rebuilt)
 Sports Planes Manufactured
 in USA currently 20,000 $300 million
 (a) -- Existing Aircraft must have engines overhauled or replaced several times during the life of the aircraft.
 Source: FAA, GAMA, EAA
 2. MARINE (BOATS)
 Inboard/Outdrive Boats Existing 750,000 $3.75 billion
 Inboard Motor Boats Existing 1,350,000 $6.75 billion
 (not In/Out)
 Jet Drive Boats Existing 100,000 $500 million
 New Inboard Boats 12,600 $63 million
 New Inboard/Outdrive Boats 89,000 $445 million
 New Inboard Engines Sold 135,000 $675 million
 Source: Boating Industry Magazine
 3. INDUSTRY
 Generator Sets 42,000 $336 million
 Irrigation, Air Compressors, Pumps 40,650 $325 million
 Source: Power Systems Research & Diesel Progress Magazine
 NOTE: Estimated $ volume represents the full gross sales of engines sold in each category. Figures based on 1989 statistics.
 The above multibillion-dollar industries are prime candidates for the Rand Cam engine. Reg Technologies Corp. is also the exclusive agent for all worldwide licensing and marketing rights for the Rand Cam engine.
 -0- 8/6/92
 /CONTACT: John Robertson or Charles Desjardins of Reg Technologies Corp., (U.S.) 800-661-6465 or 604-278-4455/
 (RRE.) CO: Reg Technologies Corp.; Rand Energy Group Inc.;
 West Virginia University ST: West Virginia, British Columbia IN: AUT SU:


SM -- DE006 -- 7466 08/06/92 09:45 EDT
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Date:Aug 6, 1992
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