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(I-AutoNewsWire.com, April 11, 2013 ) Boca Raton, FL --- REGI U.S., Inc. owns the U.S. rights to RadMax™ rotary technology. The Company's goal is to license the RadMax™ technology and/or to participate in joint ventures to manufacture specific RadMax™ applications.
In 2003, a license option agreement was completed with Radian Milparts and an improved version of the Rand Cam Rotary engine was developed and called the RadMax design, that now incorporates 12 vanes for superior power and efficiency. In December of 2005, all rights were assigned to REGI U.S. Inc. by Radian Milparts. In November 2008, REGI U.S., Inc. signed an option agreement for a license for certain applications with a Fortune 1000 company to evaluate and design a working model diesel engine. REGI U.S., Inc. is presently assembling the RadMax engine design and has now moved to the testing of a demonstration model engine.
At the 2009 Clinton Global Initiative annual meeting, the RadMax engine concept was presented and a commitment to CGI was accepted from the Company to complete and commercialize a light weight, fuel efficient engine that is reported to reduce emissions up to 35% using gasoline as a fuel in automobiles and, if used in hybrid car applications, can be reduced up to 55% with a mileage of 54 miles per gallon and/or 76 miles per gallon respectively pursuant to a report by Dr. Allen MacKnight, former Thermodynamics engineer for Honeywell.
“As a leader in their industry, REGI US was a natural fit for our show,” stated JL Haber, Vice President of Programming for 21st Century Business. “We are excited to share their story.”
For more information visit http://www.regiinc.com
About 21st Century Business 21st Century Business is an award winning television series produced by Multi-Media Productions. The show features companies providing business viewers an in depth opportunity to find solutions within many industries globally.
21st Century Business airs on CNBC and the Fox Business Network to over 100 million viewers nationwide as well as internationally via DirecTV and Dish Network. The series is also available at more than 27 prestigious college universities, including Carnegie Mellon University, Howard University, Dartmouth College and Georgetown University.
For specific market-by-market air dates and times, please e-mail Moniqueh@mmpusa.com. For more information, please visit http://www.21cbtv.com.
MultiMedia Productions
Gila Stern
561-988-9449 x2689
gstern@mmpusa.com
Source: EmailWire.Com
Source: EmailWire.com
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