Message #6 From:
NewsBot Date: November 7, 2006 06:00:00 AM
RGUS News REGI U.S., Inc. Receives New Research Report by a Respected Firm
VANCOUVER, British Columbia--(BUSINESS WIRE)--REGI U.S., Inc. (OTCBB:RGUS) (Frankfurt Stock Exchange:RGJ) is pleased
to announce that a well-known firm has completed an up-to-date research
report for the Company.
Bridge IR Group is noted for their work with account executives,
analysts, portfolio managers, institutions, venture capital investors,
individual investors and the media. To view the entire independent
research report, please click on the attached URL: http://www.bridgeir.com/RGUS_Initiation_Report.pdf.
John Robertson, President of REGI U.S., Inc., states, “I
am very pleased to have a quality research firm prepare an excellent
research report for the Company.”
REGI U.S., Inc. owns the U.S. rights to the Rand Cam™/RadMax™
rotary technology that is used in an engine that is a lightweight rotary
engine with only two moving parts: the vanes (up to 12) and the rotor,
compared to the 40 moving parts in a simple four-cylinder piston engine.
This revolutionary design makes it possible to produce a total of 24
continuous power impulses per one rotation that is vibration-free and
extremely quiet. The Rand Cam™/RadMax™
engine also has multi-fuel capabilities and is able to operate using
fuels including gasoline, natural gas, hydrogen, propane and diesel. Reg
Technologies Inc., the parent company of REGI U.S., Inc., together with
it, is in the process of testing a Rand Cam™/RadMax™
diesel engine for a generator application for hybrid electric cars and
for unmanned aerial applications for the U.S. military. For more
information, please visit www.regtech.com.
ON BEHALF OF THE BOARD OF DIRECTORS
“John Robertson”
John Robertson
President
Forward-Looking Statements
The TSX Venture Exchange has neither approved nor disapproved of the
information contained herein. Statements in this press release regarding
Reg Technologies/REGI's business which are not historical facts are
"forward-looking statements." By their nature, forward-looking
statements and forecasts involve risks and uncertainties because they
relate to events and depend on circumstances that will occur in the near
future. There are a number of factors that could cause actual results
and developments to differ materially, including the impact of
competitive products and pricing, the need to raise additional capital,
uncertain markets for the Company's products and services, the Company's
dependence on third parties and licensing/service supply agreements, and
the ability of competitors to license the same technologies as the
Company or develop or license other functionally equivalent technologies.
