Spokane, Washington, July 02, 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., are pleased to announce the achievement of a major milestone in the development of the RadMax sliding axial vane gas expander.
Continued development and testing of the gas expander prototypes have demonstrated overall efficiencies greater than 70 percent, a significant technical milestone. Future development and testing is expected to further increase efficiencies, into the mid-80 percent range by utilizing more advanced bearings, coatings, and other friction reducing technologies. Testing has also shown that the device’s power curve as similar to other positive displacement engines, and is characterized by a broad peak with high torque.
Having reached this baseline milestone, product development is now shifting to designing proof-of-concept expanders for custom applications. Targeted applications for the RadMax TPX (expander) and TPXG (expander/generator) include, replacement of existing “non-power generating” expansion and pressure regulation valves in air conditioning, refrigeration and natural gas distribution systems. Use of the RadMax TPXG in these applications captures this lost energy, and generates electricity that can be used to power parasitic devices or be sold back into the power grid. RadMax Technologies is currently communicating with government agencies and industry leading companies in each of these large markets, to identify opportunities to reduce the environmental footprint of their existing products, and encourage the use of the RadMax technology in future products. If RadMax technology devices were fully implemented in all relevant air conditioning and refrigeration applications, 50 – 150 billion kWh of electricity worth $5 - $15 billion and up to 150 million metric tons of CO2 fossil fuel related emissions could be saved annually in the U.S.
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.
Michael S. Urso, CEO
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
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