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REGI U.S. Inc. and Its Subsidiary, RadMax Technologies, Inc., Provide Update on Successful Gas Expander Testing

1221 Days ago

SPOKANE, Wash., Feb. 26, 2019 (GLOBE NEWSWIRE) -- REGI U.S., Inc. (“REGI” or “RGUS” or "the Company") (OTCQB: RGUS), The Board of Directors, Regi U.S., Inc. and its wholly owned subsidiary, RadMax Technologies, Inc. (RadMax), announced today continued successful prototype gas expander testing.

Ongoing performance and durability testing are underway at the Company’s Spokane laboratory where testing parameters have been expanded to include high pressures as well as the integration of an electric generator. The prototype gas expanders have been designed for use in natural gas and refrigerant applications. Electric power is being produced by a two (2) kW expander-generator unit that is producing electricity at the predicted level.  Please view link: http://radmaxtech.com/document/news/2019/2019-02-22-1948.mp4.

Over the next several weeks RadMax refrigerant expander-generator units will be tested in commercial air conditioning units to compare their performance against the incumbent, non-energy producing expansion valve technology.

Successful test results have accelerated the design of a larger capacity RadMax expander-generator targeted for pilot scale, proof of concept projects for natural gas and other compressed gas applications.  RadMax is actively pursuing demonstration projects with industrial partners in domestic and international markets.

The production of electrical power by the RadMax expander-generator allows its industrial partners to recapture some of the energy, otherwise lost in the compression and transportation of these gases. Millions of kilowatts of power are lost every day as high pressure gases are let down for use in a wide variety of industrial and residential applications.  RadMax is focused and committed to developing energy saving products for these types of applications.

REGI U.S. and RadMax Technologies encourage investors and interested parties to follow its progress on their website www.radmaxtech.com.

Forward Looking Statements:

Statements in this press release regarding the business of RadMax Technologies, Inc. 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.

Regi U.S., Inc.
Michael Urso, CEO
(509) 474-1040
7520 N. Market St. STE # 10
Spokane, WA. 99217-7800

Investor Relations Contact:
Jack Eversull, President
The Eversull Group, Inc.

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