REG TECHNOLOGIES INC.
#240 – 11780 Hammersmith Way
Richmond, BC V7A 5E9
Phone: 604-278-5996 Fax: 604-278-3409
Toll Free: 800-665-4616
www.regtech.com
NEWS RELEASE
Reg Technologies Inc. (“Reg” or “RRE.V” or “REGRF”)
REG TECHNOLOGIES INC. ANNOUNCES GRANT OF
OPTIONS
For Immediate Release: April 20, 2010, Vancouver, BC – Reg Technologies Inc. (TSX
Venture Exchange: RRE.V, OTC BB: REGRF) is pleased to announce that it has
granted incentive stock options to a consultant of the Company to purchase up to 50,000
common shares at a price of $0.21 per share, exercisable for a period of five years from
the date of granting.
The granting and amendment of the options is subject to regulatory acceptance.
Shareholder approval for the granting and exercise of incentive stock options, and
disinterested shareholder approval for decreasing the exercise price of options, was
obtained at the Company’s annual general meeting held on January 4, 2010.
ABOUT REGI U.S., INC. AND REG TECHNOLOGIES INC.
Reg Technologies Inc. and REGI U.S., Inc. are developing for commercialization an
improved axial vane type rotary engine known as the Rand Cam™/RadMax™ rotary
technology used in the revolutionary design of lightweight and high efficiency engines,
compressors and pumps. The RadMax™ engine has only two unique moving parts, the
vanes (up to 12) and the rotor, compared to the 40 moving parts in a simple four-cylinder
piston engine. This innovative design makes it possible to produce up to 24 continuous
power impulses per one rotation that is vibration-free and extremely quiet.
The
RadMax™ engine also has multi-fuel capabilities allowing it to operate on fuels including
gasoline, natural gas, hydrogen, propane and diesel. REGI U.S., Inc. and its parent
company, Reg Technologies Inc., are currently designing and testing prototype
RadMax™ diesel engines, compressors and pumps intended for aviation, automotive,
industrial processes and military applications. For more information, please visit
www.regtech.com .
ON BEHALF OF THE BOARD OF DIRECTORS
Reg Technologies Inc.
“John Robertson”
John Robertson
President
Contacts: Reg Technologies Inc.
John Robertson, 1-800-665-4616
READER ADVISORY
Statements in this press release regarding the business of Reg Technologies Inc. and REGI U.S, Inc. (together the
“Companies’”) which are not historical facts are "forward-looking statements" that involve risks and uncertainties, including
management's assessment of future plans and operations, and capital expenditures and the timing thereof, certain of
which are beyond the Companies' control. There can be no assurance that such statements will prove accurate, and
actual results and developments are likely to differ, in some case materially, from those expressed or implied by the
forward-looking statements contained in this press release. Readers of this press release are cautioned not to place
undue reliance on any such forward-looking statements.
Forward-looking statements contained in this press release are based on a number of assumptions that may prove to be
incorrect, including, but not limited to: the impact of competitive products and pricing, the Companies' dependence on third
parties and licensing/service supply agreements, and the ability of competitors to license the same technologies as the
Companies or develop or license other functionally equivalent technologies; financing requirements; changes in laws,
rules and regulations applicable to the Companies and changes in how they are interpreted and enforced, delays
resulting from or inability to obtain required regulatory approvals and ability to access sufficient capital from internal and
external sources, the impact of general economic conditions in Canada, and the United States, industry conditions,
increased competition, the lack of availability of qualified personnel or management, fluctuations in foreign exchange,
stock market volatility and market valuations of companies with respect to announced transactions. The Companies’
actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-
looking statements, including those described in Reg Technologies’ financial statements, management discussion and
analysis and material change reports filed with the Canadian Securities Administrators and available at www.sedar.com,
and its Form 20-F filed with the United States Securities and Exchange Commission at www.sec.gov, and REGI’s Form
10-KSB annual report filed with the United States Securities and Exchange Commission at www.sec.gov. Accordingly, no
assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if
any of them do so, what benefits, including the amount of proceeds, that the Companies will derive therefrom.
Readers are cautioned that the foregoing list of factors is not exhaustive. All subsequent forward-looking statements,
whether written or oral, attributable to the Companies or persons acting on its behalf are expressly qualified in their
entirety by these cautionary statements. Furthermore, the forward-looking statements contained in this news release are
made as at the date of this news release and the Companies do not undertake any obligation to update publicly or to
revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise,
except as may be required by applicable securities laws.
The TSX Venture Exchange has neither approved nor disapproved of the information contained herein.