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Gold/Mining/Energy : Reg Technologies Inc.

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To: Marty Lee who wrote (244)	3/16/1998 10:03:00 AM
From: jbal	Read Replies (2) of 825

News Release Status Report on Reg Technologies, Inc. Projects For Immediate Release: Vancouver, B.C. - Reg Technologies, Inc. (RRE.V / OTC BB REG RF) and its US subsidiary company REGI U.S., Inc. (OTC BB RGUS) wish to announce the following data as reported by our engineer Patrick Badgley. Air Vapor Flow System The current round of AVFS testing on the 10 horsepower Tecumseh engine has been completed by Adiabatics, Inc. The following is a summary of the latest test data where the power output is the same for the AVFS and the standard carburetor fuel system: Head Exh. CO2 HC NOX O2 Load Fuel Flow BSFC Temp Temp (%) PPM (ppm) (%) (in-lbs) (lbs/hr) (lbs/hp/hr) Stock 258 1074 10.62 131 34.2 .55 177 5.00 0.636 AVFS 269 1096 9.14 66 27.6 .72 177 4.92 0.625 %Change 4.3 2 -14 -49.6 -19.3 30.9 -1.6 -1.6 Hydrocarbons were cut in half with the AVFS Oxides of Nitrogen were reduced by about 20 percent Fuel Consumption was improved The Company expects that automotive manufacturers will also consider the AVFS technology because of the following: May be an answer to one of the worlds most serious pollution problems Is simple and inexpensive to manufacture, replace and maintain Is easily retrofitted on today's internal combustion engines Could result in manufacturing cost savings for internal combustion engines Could lengthen the life of an internal combustion engine Rand Cam Technology The following marketing activities are all currently underway and appear very promising: Large Electrical Power Generation - Discussions with a major utility customer for large Rand Cam engines for power generation are continuing. This potential customer is asking for answers to specific questions concerning comparisons to existing reciprocating engine generator sets in the area of emissions and fuel consumption. These answers are currently being prepared by Patrick Badgley. Air Conditioning Compressor - Discussions with a manufacturer of heavy-duty vehicular air conditioning system are continuing. We will be presenting them with a compressor proposal as well as exploring the possibility of having them manufacture other Rand Cam products as a manufacturing partner. Pump - The design of the special transmission oil pump for Ford Motor Company is proceeding with a manufacturing "stack-up" being performed by Ford engineers. Prototype manufacturing is expected to complete by the end of March at which point it will be delivered to Ford for their testing. ON BEHALF OF THE BOARD OF DIRECTORS John Robertson President

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