We will
be exhibiting our technology at the POWER-GEN International 2017
Exhibition and Conference in Las Vegas, NV on December 5 – 7. We
encourage our investors to follow our progress 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
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 developing for commercialization multiple improved axial vane
type rotary devices using our Patented RadMaxTM Rotary Technology.
This Technology allows for revolutionary designs of lightweight and
high efficiency engines, compressors pumps and other devices. One
current prototype, The RadMaxTM 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 RadMaxTM 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, including management's expectation on
closing the second tranche of the private placement, 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-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.
