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RadMax Technologies Addresses Key Increased Energy Efficiency and Reduced Emissions Opportunities
RadMax Technologies Addresses Key Increased Energy Efficiency and Reduced Emissions Opportunities.
About this update from Regi U.s., Inc.
[{"type":"text","content":"\n\n SPOKANE, Wash., Feb. 14, 2018 (GLOBE NEWSWIRE) -- Via OTC PR Wire -- REGI U.S., INC. www.radmaxtech.com (\"REGI\" or \"RGUS\" or \"the Company\")\n The Board of Directors, Regi U.S., Inc. and its wholly owned subsidiary, RadMax Technologies, Inc., announce increased product development activities addressing strategic industry opportunities for increased energy efficiency and reduced emissions. Continued testing of the RadMax gas expander prototype is confirming its projected capabilities and performance. With these confirmations, interest in, and exploration of relevant market and application opportunities that can leverage the RadMax technology have intensified. Increased business development activities have identified significant improved efficiency related opportunities, primarily in air conditioning/refrigeration and steam cycle applications that could capitalize on the RadMax expander capabilities. The development of technical concept papers that partner with industry and research institutions have either been submitted or are currently in discussion make the case for how the RadMax technology plans to address those opportunities. Key identified opportunities include significant efficiency increases through the capturing of wasted energy in air conditioning/refrigeration systems and steam energy production resulting in the potential for increased production, with the same amount of fuel, or conversely, decreased fossil fuel usage and associated savings in CO2 emissions. Other opportunities promote the use of lower Global Warming Potential (GWP) refrigerants and CO2 itself as a refrigerant. Based on these opportunities we have been actively pursuing several courses of action to develop identified RadMax products which address them. These activities include development of process improvement models, analysis, and concept papers; meetings with application-specific industry leading companies and ...