TORONTO, May 29, 2018 (GLOBE NEWSWIRE) -- dynaCERT Inc. (TSX VENTURE:DYA) (OTCQB:DYFSF) (DAX:DMJ) ("dynaCERT" or the "Company") is pleased to provide the following update on sales and real-world results.
New Orders & Real-World Results
dynaCERT has many well-performing HydraGEN™ units now operational around the world on a variety of equipment and machinery. Some highlights include:
- User reports that its Class 8 trucks operating in the Toronto-Florida route achieving up to 17% fuel savings and 66% DEF reduction.
- User reports that its Class 8 truck operating in northern Alberta achieved 13.8% fuel savings. This customer has placed an order for more HG145R units.
- User reports that its Class 8 truck operating in Southern Alberta achieved 9.4% fuel savings.
- In India there are now four (4) HG1 units on Intercity buses. On one route between Mumbai and Goa the user reports increased power driving up hills not having to down shift and also achieving 14.7% fuel reduction.
- New order received from Mexico dealer for 4 HG145 units for use on Class 8 transport trucks and 2 HG225 units for reefers.
- New order received from Alberta for 2 HG125 units to be used on large pickups.
European CEO of the Year Award
Jim Payne, the President and CEO of dynaCERT, has been named “Best CEO in the Emission-Reduction Technology Industry, 2018” by European CEO magazine and was interviewed at The London Stock Exchange Studios in conjunction with this prestigious award.
Monika Wojcik, Head of Special Projects, at European CEO Magazine said, “Mr. Payne was seen to have exemplified the special traits and qualities that only the most successful leaders have, including tenacity, character, vision and leadership.
It is these qualities, coupled with an innate ability to inspire staff, that has seen Mr. Payne drive the development and successful commercialisation of dynaCERT’s innovative solution, which is helping decarbonise many industries around the world."
In graciously accepting the award, Mr. Payne thanked European CEO magazine’s Video Producer, Paul Richardson, and said that the award goes to the whole team at dynaCERT as the technology’s advancements in the world are an accomplishment of everyone at the Company.
World News Media who interviewed Mr. Payne last week is a multi-platform publisher of quality financial, business, technology and travel magazines. The company has built up a reputation for excellence across its portfolio, pursuing consumer quality on its business titles. The print editions reach an extensive global distribution network including newsstand space with major retailers and comprehensive airport, hotel and conference site placement. The titles also boast popular websites, video channels, digital editions and an ever-growing social media presence. The World News Media team comprises experienced journalists, editors, videographers, designers, developers and communications specialists
The European CEO magazine is one of the WNM’s most prestigious titles and has been published for the last 15 years.
About dynaCERT Inc.
dynaCERT Inc. manufactures, distributes, and installs Carbon Emission Reduction Technology for use with internal combustion engines. As part of the growing global hydrogen economy, our patent-pending technology creates hydrogen and oxygen on-demand through electrolysis and supplies these through the air intake to enhance combustion, resulting in lower carbon emissions and greater fuel efficiency. Our technology is designed for use with all types and sizes of diesel engines used in on-road vehicles, reefer trailers, off-road construction, power generation, mining and forestry equipment, marine vessels and railroad locomotives. Website: www.dynaCERT.com
READER ADVISORY
Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. In particular, forward-looking information in this press release includes, but is not limited to the potential expansion into new markets, industries and segments, such as diesel-powered use of any the dynaCERT products and sales. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.
Forward-looking information is based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: uncertainty as to whether our strategies and business plans will yield the expected benefits; availability and cost of capital; the ability to identify and develop and achieve commercial success for new products and technologies; the level of expenditures necessary to maintain and improve the quality of products and services; changes in technology and changes in laws and regulations; the uncertainty of the emerging hydrogen economy; including the hydrogen economy moving at a pace not anticipated; our ability to secure and maintain strategic relationships and distribution agreements; and the other risk factors disclosed under our profile on SEDAR at www.sedar.com. Readers are cautioned that this list of risk factors should not be construed as exhaustive.
The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.
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 the release.
On Behalf of the Board
Murray James Payne, CEO
For more information, please contact:
Jim Payne, CEO & President
dynaCERT Inc.
#101 – 501 Alliance Avenue
Toronto, Ontario M6N 2J1
(416) 766-9691 x 2
jpayne@dynaCERT.com
Investor Relations
dynaCERT Inc.
Nancy Massicotte
(416) 766-9691 x 1
ir@dynaCERT.com