REGRF New World Solutions Inc (PK)

VANCOUVER, British Columbia, Nov. 29, 2012 /PRNewswire/ -- REGI U.S., Inc. (OTC BB: RGUS, Frankfurt Stock Exchange: RGJ) and Reg Technologies Inc. (TSX Venture Exchange: RRE.V, OTC BB: REGRF) wish to announce that the assembly for the demonstration 375 Horsepower Rotary RadMax engine has commenced at Williams & White Machine, Inc. under the direction of Paul Porter, our Chief Engineer for the RadMax design.  

The plans are to assemble the RadMax engine and commence a test plan which currently includes the following:

• RadMax Engine assembly and Test Plan:
  • Verify Weight and Dimensions of Each Component
  • Trial Assembly
  • Final Assembly
  • Trial Fitment of Engine Accessories Prior to Fuel Testing
  • Test Stand Preparation
  • Engine Installation on Test Stand
  • Cold Performance Motoring Tests – No fuel
  • Increased RPM Performance Motoring Test.
  • Increase RPM (No fuel)
  • Dry Turn One-Minute Endurance Test (No fuel)
  • Dry Turn Multiple-Minutes Endurance Test (No fuel)

• Second Test Plan using Fuel
  • Hot Performance Starting Tests, with fuel
  • Hot Performance One-Minute Test, with fuel
  • Hot Performance Multiple-Minute Test, with fuel
  • Post Engine Test, Teardown and Inspection
  • Performance Measurement (one-hour run in)
  • Endurance Measurement (three-hour run in)
  • Develop Horsepower vs. Torque Curves
  • 24X7 Test

The initial tests will be with diesel fuel and the second tests will be with natural gas as a fuel for a generator application.

Paul Porter, the company's Chief Engineer states that, "Natural gas is a cleaner burning fuel and is very abundant in North America; it is less expensive than gasoline being used today."

ABOUT REGI U.S., INC. AND REG TECHNOLOGIES INC.

Reg Technologies Inc. and REGI U.S., Inc. are developing for commercialization an improved axial vane type rotary engine known as the Rand Cam™/RadMax™ rotary technology used in the revolutionary design of lightweight and high efficiency engines, compressors and pumps. The RadMax™ engine has only two unique moving parts, the vanes (up to 12) and the rotor, compared to the 40 moving parts in a simple four-cylinder piston engine.  This innovative design makes it possible to produce up to 24 continuous power impulses per one rotation that is vibration-free and extremely quiet.  The RadMax™ engine also has multi-fuel capabilities allowing it to operate on fuels including gasoline, natural gas, hydrogen, propane and diesel.  For more information, please visit www.regtech.com  or www.regiinc.com.

ON BEHALF OF THE BOARD OF DIRECTORS

READER ADVISORY

Statements in this press release regarding the business of Reg Technologies Inc. and REGI U.S, Inc. (together the "Companies'") which are not historical facts are "forward-looking statements" that involve risks and uncertainties, including management's assessment of future plans and operations, and capital expenditures and the timing thereof, certain of which are beyond the Companies' control. There can be no assurance that such statements will prove accurate, and actual results and developments are likely to differ, in some case materially, from those expressed or implied by the forward-looking statements contained in this press release. Readers of this press release are cautioned not to place undue reliance on any such forward-looking statements.

Forward-looking statements contained in this press release are based on a number of assumptions that may prove to be incorrect, including, but not limited to: the impact of competitive products and pricing, the Companies' dependence on third parties and licensing/service supply agreements, and the ability of competitors to license the same technologies as the Companies or develop or license other functionally equivalent technologies; financing requirements; changes in laws, rules and regulations applicable to the Companies and changes in how they are interpreted and enforced,  delays resulting from or inability to obtain required regulatory approvals and ability to access sufficient capital from internal and external sources, the impact of general economic conditions in Canada, and the United States, industry conditions,  increased competition, the lack of availability of qualified personnel or management, fluctuations in foreign exchange, stock market volatility and market valuations of companies with respect to announced transactions. The Companies' actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements, including those described in Reg Technologies' financial statements, management discussion and analysis and material change reports filed with the Canadian Securities Administrators and available at www.sedar.com, and its Form 20-F filed with the United States Securities and Exchange Commission at www.sec.gov, and REGI's Form 10-KSB annual report filed with the United States Securities and Exchange Commission at www.sec.gov.  Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits, including the amount of proceeds, that the Companies will derive therefrom.

Readers are cautioned that the foregoing list of factors is not exhaustive. All subsequent forward-looking statements, whether written or oral, attributable to the Companies or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Furthermore, the forward-looking statements contained in this news release are made as at the date of this news release and the Companies do not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Reg Technologies Inc.; REGI U.S., Inc.