Mr. Paul Chute reports

CLARIFICATION OF SEPTEMBER 19TH 2016 NEWS RELEASE ANNOUNCING ASSET SALE AGREEMENT BETWEEN BOTH COMPANIES

Reg Technologies Inc. has entered into an asset purchase agreement subject to shareholder and TSX Venture Exchange approval.

This will complete the consolidation of all assets, specifically all intellectual property, into a single company. Regi U.S. Inc. is a United States-based company, trading on the OTCBB under the symbol RGUS.

Paul W. Chute, president of both companies, is pleased to announce: "This asset purchase is a dynamic beginning to a consolidated, single-focused development of our RadMax Technologies. The concentration of our efforts, resources and personnel, along with significant cost-savings and efficiencies, make this a win-win for all shareholders."

The agreement is subject to shareholder approval, and a special shareholder meeting will be called to vote on the proposed agreement.

The purchase price is 1-1/10 (1.1) shares of Regi U.S. Inc. for each share of Reg Technologies, for a total purchase of approximately 50,596,043 shares of Regi U.S. common stock.

The shareholder record date to determine those shareholders eligible to vote at the special meeting on the transaction will be 4 p.m. EST at close of trading on Sept. 26, 2016.

Shareholders of Reg Technologies will receive their Regi shares after the special shareholders meeting through a formal distribution process. Such process will be outlined in the detail supporting the shareholders notice of meeting and votes.

This transaction will be subject to approval by the TSX-V and Reg Technologies shareholders.

If the transaction is approved and completed, Reg Technologies will be delisted from the exchange.

We seek Safe Harbor.