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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. AND MINEWEST SILVER AND GOLD

ANNOUNCE COMPLETION OF THE SILVERKNIFE 43-101

TECHNICAL REPORT

For Immediate Release: February 14, 2011. Vancouver, BC – Reg Technologies Inc. (TSX Venture

Exchange: RRE.V, OTC BB: REGRF) is pleased to announce the 43-101 technical report for the

Silverknife property is complete.

The Silverknife Property (the “Property”, “Silverknife Property” or the “Silverknife Project”, or “Project”)

is located in North central British Columbia, Canada in the Liard Mining Division Tootsee River area,

approximately 100 km west of the town of Watson Lake, Yukon at roughly (59º 56’ 13” N. Latitude; 130º

21’ 09” W. Longitude). Direct Property access is possible utilizing a network of well-maintained to

variably deactivated forest service and mining service roads. The eastern Property boundary lies

approximately 1 kilometre from Silvercorp Metals Inc. Silvertip Silver-Zinc-Lead mineral deposit.

Through a series of agreements, the Property is owned as follows:

• Reg Tech owns 8 million shares of Minewest Silver and Gold (a Reg Technologies Inc.

subsidiary, British Columbia incorporated, private company), which owns a 70% working interest

in the Silverknife Property subject to the 10% NPI held by Teryl;

• Teryl owns 30% working interest and has a 10% Net Profit Interest (“NPI”);

• Reg holds a 5% net profits interest against the whole of the Property; and

• a 1% NSR is held against the Property by SMR Investments Ltd.

The Silverknife Property consists two (2) contiguous British Columbia “legacy” (4-post style) mineral

claims covering approximately 645 hectares (1,594 acres) and is in good standing with respect to British

Columbia Minerals Title Act through January 12, 2012.

The purpose of the report is to present an independent Property review technical report summarizing

previous work, reviewing the exploration potential of the Property and making recommendations towards

future work on the Property.

In 1983, the Silverknife Property was staked and from 1984-1988 Reg Resources Corp. and Chevron

Minerals Inc. a staged series of mineral exploration programs were conducted. Geochemistry and

geophysics were the primary initial (1983-1985) exploration tools applied to Property, and following on a

number of anomalies discovered in 1985 a 30 hole diamond drill program was completed. Based on this

first phase drilling, a “Discovery Zone” of silver-zinc-lead mineralization was uncovered, including the

following intersections:

• Hole 85-4: 7.25m of 5.04oz/t Ag, 2.65% Pb and 3.09% Zn

• Hole 85-6: 0.2m of 4.43oz/t Ag, 1.9% Pb and 3.42% Zn

• Hole 85-21: 4.3 m of 29.02oz/t Ag, 10.14% Pb and 7.02% Zn

20 additional holes were collared from 1986-1987, the bulk of which were focused on defining and

expanding the “Discovery Zone” mineralization on the Property. The 1987 drilling included the following

mineralized intersections:

• Hole 87-35: 18.02 m of 4.17 oz/t Ag, 1.67% Pb and 3.02% Zn

• Hole 87-38: 9.99 m of 5.36 oz/t Ag, 1.73% Pb and 3.15% Zn

• Hole 87-39: 4.63 m of 3.18 oz/t Ag, 4.60% Pb and 3.97% Zn

• Hole 87-40: 5.94 m of 6.20 oz/t Ag, 3.47% Pb and 3.65% Zn

• Hole 87-43: 8.00 m of 2.05 oz/t Ag, 1.59% Pb and 4.85% Zn

• Hole 87-44: 3.66 m of 7.52 oz/t Ag, 6.21% Pb and 4.78% Zn

In 1988, Cordilleran Engineering Ltd. conducted a line cutting, soil sampling, geological mapping and IP

survey on the Silverknife Property on behalf of Chevron Minerals Ltd. The objective of the 1988 program

was to confirm the geochemical and geophysical anomalies identified by Reg Resources Corp. in the 1984-

1987 programs, map the surface geology and re-examine all drill core from the 1985

- 1987 drilling programs. Since this 1988 program no exploration programs have been conducted on the

Property.

In August of 2010, Paul D. Gray Geological Consultants (“PDGGC”) were commissioned to author a

technical compilation and review report (“the Report”) on the Silverknife Property. On September 2526,

2010 Paul D. Gray, P.Geo., conducted a site visit of the Silverknife Property, when the Property was

accessed, the Discovery Zone drillout located and GPS surveyed and the historic core storage area visited

and assessed. The research, site visit, and data compilation programs conducted with respect to this Report,

have lead the author to the conclusion that the Silverknife Property represents a solid base metals

exploration target which warrants a systematic and phased series of mineral exploration programs to

adequately appraise the Project’s economic potential.

The Silvertip Pb-Zn deposit of Silvercorp Metals Inc. is an advanced exploration/development project

currently undergoing extensive mineral exploration (via diamond drilling) and concurrently permitting

dewatering of the existing underground workings in support of renewed mine development and mineral

processing activities (permitting under small mines permit to allow for shipment 75,000 tonnes per year of

product). This project lies approximately one (1) kilometre from the north-eastern boundary of the Property

and the mineralization identified to date on the Silverknife Property has been interpreted to be genetically

related to the Silvertip mineralization. With this renewed development in the district the Silverknife

Property mineralization represents an attractive target to test by a systematic diamond drilling exploration

program designed to expand and define additional mineralization on the Property.

A proposed Phase I exploration program consisting of a desk study followed by a series of on-the-ground

Property boundary and drill collar location surveys, followed by geophysics and diamond drilling with a

recommended budget of $358,700 is recommended for the Silverknife Property. The exploration programs

(and budgets), presented herein, are designed to identify the accurate location of the mineral titles boundary

with respect to historic drill collars and test the Silverknife Property’s precious and base metal mineral

potential and will yield enough information to guide Minewest and Teryl subsequent mineral exploration

programs on the Property.

ABOUT 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. For more information, please visit www.regtech.com .

ON BEHALF OF THE BOARD OF DIRECTORS

Reg Technologies Inc.

"John Robertson"

John Robertson

President

Contact: 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.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the

TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.