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Friday, 10/30/2020 12:49:15 PM

Friday, October 30, 2020 12:49:15 PM

Post# of 572
Partnership with NYSE $CARR CARRIER >> The Board of Directors, Regi U.S., Inc. and its wholly owned subsidiary, RadMax Technologies, Inc.(RadMax), are pleased to announce the receipt of a donated, state-of-the-art air conditioning / chiller system from Carrier Corporation. The system will be used as the test platform for the development and testing of RadMax’s innovative two- phase expander generator (TPXG).

Paul Porter, RadMax Chief Technology Officer, states “This new equipment will greatly accelerate our product development timeline by giving us the ability to test and compare our devices against incumbent technologies in-house. We are very appreciative of Carrier’s assistance in defining and delivering the state of the art equipment, as well as their willingness to guide and review the
results from our on-going development programs. This will allow us to better align our devices to best address real world opportunities in the areas of operational efficiency and energy
conservation.”

The RadMax TPXG is being developed to replace non-energy capturing throttling valves currently used in conventional air conditioning and refrigeration systems. Our objective is to improve the systems coefficient of performance (COP) by 5 to 15 percent depending upon the refrigerant being used. The TPXG is a positive displacement device capable of capturing a portion of the compression energy normally lost by incumbent throttling valves and converting it into electricity, which in turn is used to decrease the systems electrical demand on the grid.

ON BEHALF OF THE BOARD OF DIRECTORS
Regi U.S., Inc.
Michael S. Urso, CEO
CONTACTS:
(509) 474-1040
info@radmaxtech.com
7520 N. Market St. STE # 10
Spokane, WA. 99217-7800

ABOUT REGI U.S., INC
RadMax Technologies, Inc., the wholly owned subsidiary of REGI U.S., Inc., is a research and
product development company that is designing, developing and proving a family of smaller,
lighter and more energy-efficient rotary engines, compressors, pumps and gas expanders for
civilian, commercial and government applications. Our focus is on developing advanced devices
that reduce carbon footprint, reduce device size, weight and parts counts, and increase fuel and
manufacturing efficiencies. Based on our innovative and patented RadMax axial van-type
technology, our devices are designed for high output to weight ratio and are easily scalable from
small to very large. For more information, please visit radmaxtech.com

ABOUT CARRIER
Founded by the inventor of modern air conditioning, Carrier is the world’s leader in high-
technology heating, air-conditioning and refrigeration solutions. Carrier experts provide
sustainable solutions, integrating energy-efficient products, building controls and energy services
for residential, commercial, retail, transport and food service customers. Carrier is a part of UTC
Climate, Controls & Security, a unit of United Technologies Corp., a leading provider to the
aerospace and building systems industries worldwide. For more information, visit
www.carrier.com or follow @CarrierGreen on Twitter.

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