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RadMax Technologies Achieves Gas Expander Durability Test Milestone

Spokane, Washington, Oct. 22, 2018 (GLOBE NEWSWIRE) -- REGI U.S., Inc. (“REGI” or “RGUS” or "the Company") RGUS (OTCMKTS) The Board of Directors, Regi U.S., Inc. and its wholly owned subsidiary, RadMax Technologies, Inc. (RadMax), are pleased to announce the achievement of a major milestone in the development of its prototype gas expander.

/EIN News/ -- Durability testing of the third generation RadMax gas expander is underway to determine its expected life span, lubrication requirements and to help establish maintenance and overhaul schedules. The testing program mimics aerospace procedures that call for the breakdown, inspection and wear measurement of the expander’s components at 100, 500 and 1,000 hours of continuous running intervals.

The testing program has reached the 500-hour mark of continuous running with no measurable wear or decrease in performance.  Durability testing is continuing under an increased pressure and load until the 1,000-hour mark is reached.  This will trigger the breakdown and final inspection of all expander components and will include wear measurements of all applicable components and surfaces. 

Paul Porter, RadMax Chief Technology Officer, states “Expander disassembly and inspection at 100 and 500-hour intervals showed no visual or measurable component wear with all measurements still within manufacturing tolerances. This is very encouraging. The expander design is proving to be very robust and there is no reason to believe that it will not easily meet the 40,000 hours before overhaul, design goal”. 

The RadMax gas expander is being developed to replace pressure regulation and other throttling type valves currently used in air conditioning / refrigeration, natural gas, steam and other pressurized gas applications. A positive displacement device, the RadMax gas expander is capable of capturing a portion of the original gas compression energy normally lost by the throttling process and converts it into torque, which in turn can be used to generate electricity or power other shaft driven devices.

RadMax Technologies is actively soliciting Industry collaboration partners to develop gas expander products for specific use applications. We encourage investors and interested parties to follow our progress on our website www.radmaxtech.com.

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.

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.

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.

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

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