The person you are replying to was discussing "exchanging heat across a continuous length along opposing flows", which is countercurrent exchange. Regenerative exchange is, at least to my understanding, more of a cyclical store and release process.
Yes, which is what OpenERV is. I can understand why they might have thought I was talking about their system, my wording was a bit ambiguous there. So it doesn't hurt that they cleared that up :)
https://en.wikipedia.org/wiki/Countercurrent_exchange