New Engine Technology Set to Rev up the World's $200 Billion Market
Tuesday December 5, 9:00 am ET
VANCOUVER, Dec. 5 /PRNewswire-FirstCall/ - REGI U.S., Inc. (RGUS:OTCBB), is preparing to license their Rand Cam(TM)/RadMax(TM) rotary technology to a worldwide market estimated to be worth $200 billion dollars. Recently, Regi US hired marketing director Lynn Petersen from Jetseal Inc. to oversee this development. "Lynn has over 12 years of marketing and business development experience in various high tech industries and is a great new asset to Regi US," stated John Robertson, President, Regi US.
REGI U.S. owns the U.S. rights and the parent company, Reg Technologies Inc., owns the worldwide rights to the Rand Cam(TM)/RadMax(TM) rotary technology. Compared to 40 moving parts in a basic four-cylinder piston engine, the Rand Cam(TM)/RadMax(TM)'s unique rotary engine has up to 24 power impulses using 12 vanes and a rotor with one pound of weight for every horsepower giving it a revolutionary design that makes it efficient, quiet, and lightweight. Rand Cam(TM)/RadMax(TM) runs on a variety of fuels ranging from natural gas, hydrogen, propane, diesel and gasoline.
Media B-roll of the engine is available online via:
www.b-tv.com/i/videos/regiusvnr.wmv or www.b-tv.com/i/videos/regiusvnr.mov and can be downloaded via satellite on Tues. Dec. 5 from 13:30-14:30 EST on the following Transmission Specs:
Satellite: Anik F2C Band
Transponder: 6B
Orbital Position: 111 Degrees West Longitude
Carrier: Telesat
Bandwidth: 36 MHz
Order Number: 211181
Uplink Freq: 6165 MHz (H)
Downlink Freq: 3940 MHz (V)
Audio: 6.2 Left & 6.8 Right
Channel Number: 12
For Beta SP media B-roll contact Blue Sun Productions Inc.
604-664-7401 x 4
Photos of the engine can be downloaded from www.regtech.com
Interest from several major defense contractors from both the US and Europe has already been expressed in the Rand Cam(TM)/RadMax(TM) engine. Regi US intends to generate revenue from license fees and royalties on future license agreements.
For more information, please visit www.regtech.com.
ON BEHALF OF THE BOARD OF DIRECTORS
"John Robertson"
John Robertson
President
Forward-Looking Statements: Statements in this press release regarding REGI U.S., Inc.' 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.
CONTACT: REGI U.S., Inc., 1-800-665-4616
--------------------------------------------------------------------------------
Source: REGI U.S., Inc.
AI
