Reg Technologies, Inc. and its U.S. subsidiary REGI U.S., Inc. Announce Completion of Proposal to Build a Residential Cold Turbine Generator

    VANCOUVER, B.C.--July 12, 2001--Reg Technologies, Inc. (VSE:RRE) (OTC BB:REGRF) and its U.S. subsidiary REGI U.S., Inc. (OTCBB:RGUS) wish to announce that our Engineer, Patrick Badgley, has completed a proposal to build a residential Cold Turbine Rand Cam(TM) generator.
    The self-contained residential power plant will be capable of providing 100% of the power needs of a modern luxury residence and would run on natural gas, propane or diesel fuel. The 25kW Rand Cam(TM) power plant would run at 3600 rpm, be extremely quiet, only 18 inches in overall diameter and would weigh 110 lbs.
    The Company is currently negotiating with potential joint venture partners to finance this project.

ABOUT REG TECHNOLOGIES, INC. / REGI U.S., INC.

    Reg Technologies, Inc. jointly owns the worldwide rights to the Rand Cam(TM) rotary technology with its U.S. subsidiary REGI U.S., Inc. and is currently incorporating its latest winged rotor technology to dramatically improve sealing and reduce friction in the diesel Rand Cam(TM) engine. The Company is designing an air pump for fuel cell applications, as well as an air pump for the lumbar seats in automobiles.
    The Company's goal is to license the technology and/or to participate in joint ventures to manufacture specific Rand Cam(TM) applications and the Hydrogen Separator Technology.