RadMax Technologies announces product development and licensing agreement with Takenergy

• REGI U.S (OTCPK:RGUS) wholly owned subsidiary RadMax Technologies announces a comprehensive product development and licensing agreement with TAKEnergy for Oil and Gas and Pipeline industries in North America.

• Under the terms of the Agreement, RadMax grants TAKEnergy the manufacturing and marketing rights for the commercialization of RadMax technology-based compressor and expander products for the North American Oil and Gas (CLDDD) and Pipeline industries.

• Both the companies will also jointly develop intellectual property related to technological advancements to commercialize RadMax products.

• The newly developed compressor and expander products will be available in late 2022 for the North American market through TAKEnergy.