10:32:55 EDT Mon 22 Oct 2018
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DynaCERT Inc
Symbol C : DYA
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Close 2017-12-21 C$ 0.52
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DynaCERT receives $4.06-million in HydraGEN orders

2017-12-21 10:23 ET - News Release

Mr. Murray Payne reports

DYNACERT RECEIVES INITIAL ORDER FOR EUROPE

DynaCERT Inc. has secured a major new group of end-users in Germany for its HydraGEN technology.

DynaCERT has received purchase orders for 520 HydraGEN HG1-45 model units having a total suggested retail price of $4,067,000. The purchase orders were received from the DynaCERT's dealer for Germany and Switzerland, Hoer&Hoer GreenTech. The units are destined to KWK GmbH which is part of a buying group with members constituting operators within the prolific agricultural industry that each manage one or more biodiesel powered generators in the state of Bavaria and throughout Germany. The first 20 units are scheduled for an immediate delivery in January, 2018, and the remainder have a planned rollout throughout 2018, commencing in March.

Over several months, a HydraGEN HG1-45 was successfully tested by KWK at its facilities in Samerberg, Bavaria, Germany. In September, 2017, this HG1-45 was installed on a Perkins biodiesel generator. The generator has controls that monitor output power and fuel consumption. In the first few weeks of testing with the HydraGEN HG1-45, initial fuel consumption of the generator was reduced by 6 per cent. As testing progressed, with adjustments of the HydraGEN using the Smart ECU, the engine was able to achieve and maintain a minimum of 17.5-per-cent reduction in fuel consumption and the resulting reduction of carbon emissions.

Johann Tischner, chief executive officer of KWK, states: "We at KWK are delighted with the HydraGEN HG1-45, especially with the fuel savings achieved, and we decided for this reason to deepen our co-operation with DynaCERT and its German dealer, Hoer&Hoer GreenTech. This collaboration will see our members deploy the HydraGEN technology on their generators in 2018. These generators are all different sized engines some up to 500 kilowatts which may require one, two or three HG1-45 units each."

Hoer&Hoer GreenTech, headquartered in Lahr, Germany, has been the DynaCERT dealer since June, 2017. It has worked diligently in many sectors before realizing this first initial order with KWK. Shirley Hoer, chief executive officer, states: "The DynaCERT team professionally supported KWK and ourselves in the rigorous testing of this biodiesel generator. We and KWK highly appreciated the unconventional approach DynaCERT had in this testing phase. Their engineers were able to monitor and control the HG1-45 unit remotely from across the Atlantic Ocean in order to optimize the fuel consumption reduction. Because of this realization and the outstanding results, we are engaging in a long-term co-operation with DynaCERT. In the case of KWK, this starts with our initial 520-unit order for 2018."

Enrico Schlaepfer, vice-president, global sales for DynaCERT, comments: "The immediately addressable market in Europe for stationary diesel-powered generators is approximately 125,000 installations. This opportunity reveals a significant market in 2018 for DynaCERT to begin serving the Europeans who seek to greatly reduce their carbon footprint. With this order and the resulting tested validation, we are commencing our market penetration strategy proceeding into the South Asia marketplace with a focus on public and private stationary diesel-powered generators that produce nearly 60 per cent of the available electrical power across that region."

About DynaCERT Inc.

DynaCERT manufactures, distributes and installs carbon emission reduction technology for use with internal combustion engines. As part of the growing global hydrogen economy, the company's 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. The company's 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, marine vessels and railway locomotives.

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