RadMax Proof-of-Concept Gas Expander Achieves Major
Milestone
Spokane, WA -- January 03, 2018 -- InvestorsHub NewsWire --
("REGI" or "RGUS"
or "the Company") The Board of Directors, Regi U.S., Inc. and its
wholly owned subsidiary, RadMax Technologies, Inc., are pleased to
announce the achievement of a major milestone in the development of
the RadMax prototype gas expander.
Recent testing of the RadMax prototype gas expander with
compressed air produced predicted torque and power generation at
all tested speeds. In the tests, torque produced by the RadMax
expander was used to generate measured electric power through the
use of a belt driven alternator connected to an adjustable
electrical load. Sufficient startup torque was produced by the
expander to easily self-start the unit and the alternator.
Collected inlet and outlet pressures and temperatures confirmed
that the torque created was due to the desired gas expansion
process.
Produced torque was also verified using a Prony brake
dynamometer. Measurements were taken at start up and at various
speeds.
Test findings prove that the RadMax sliding axial-vane
technology can be used to create an effective and efficient gas
expander. Design enhancements and testing are expected to continue
through the first quarter of 2018 to optimize efficiency, materials
and collect wear and durability data. Development for integrating
electricity producing components directly into the expander will
also continue during this time.
The RadMax expander has the unique capability to effectively
operate in both gas and gas-liquid states. Proving the RadMax
expander concept is the first major milestone in developing the
RadMax Two-Phase Expander (TPX) and the Two-Phase Expander
Generator (TPXG) which are predicted to extract 10 20 percent of
the available pressure-volume energy normally lost in throttling
operations.
Initial targeted applications for the RadMax TPX and TPXG are
the large commercial markets for air conditioning, refrigeration,
natural gas distribution and other applications where throttling
valves are commonly used, such as the Petrochemical Industrial
sector. We are currently actively pursuing industry leading
industry development partners in these marketsareas.
We encourage all investors and interested parties to follow our
progress routinely posted on our website radmaxtech.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Regi U.S., Inc.
Paul Chute, CEO
CONTACTS:
(509) 474-1040, pchute@radmaxtech.com
520 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 developing for commercialization multiple improved
axial vane type rotary devices using our Patented RadMax Rotary
Technology. This Technology allows for revolutionary designs of
lightweight and high efficiency engines, compressors pumps and
other devicesother devices. One current prototype, 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 several capabilities allowing it to operate
on fuels including gasoline, natural gas, hydrogen, propane and
diesel. For more information, please visit radmaxtech.com
READER ADVISORY
Statements in this press release regarding the business of and
REGI U.S, Inc. (together the "Companies'") which are not historical
facts are "forward-looking statements" that involve risks and
uncertainties, 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
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 Regi U.S., Inc.'s financial statements, management
discussion and analysis and material change reports filed with the
United States Securities and Exchange Commission at www.sec.gov, and REGI's Form 10-K 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.
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exhaustive. All subsequent forward-looking statements, whether
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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
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or otherwise, except as may be required by applicable securities
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