Mr. Jim Payne reports
DYNACERT ANNOUNCES NEW HG145 ORDERS AND NEW DEALERS
DynaCERT Inc. has provide the following updates.
India bus market
has received, after a successful trial program, a new order, with deposit, for HydraGEN units and the signing of the company's standard non-exclusive dealer agreement for the India market, where a total of 114 HG145 units are to be delivered. A HG145 unit has a retail list price of $7,800.
Solutions 4 Pollution Pvt. Ltd. is a newly formed entity in India focused on delivering HydraGEN technology to the intercity bus market. The total number of buses in India alone exceeds one-half million diesel-powered vehicles. These buses operate typically to Euro III environmental standards where the use of the HydraGEN units could significantly reduce the urgent problem of toxic exhaust pollution and meaningfully save fuel costs of bus operators and owners. The use of the HydraGEN technology is viewed as assisting the India government in meeting its Paris Accord commitments.
The new order for HG145 units was agreed by DynaCERT and Solutions 4 Pollution to have a rollout period of 12 months commencing Aug. 15, 2018, and to be supported by the Export Development Corp. (EDC), a Crown corporation of the government of Canada.
has expanded its Canadian sales network with new dealers now in place in both Red Deer, Alta., and Fort McMurray, Alta., and also in Vaughan, Ont. These additions bring the total number of dealers and agents to 25 worldwide.
is currently in discussions with these new dealers in order to provide customized HydraGEN solutions for different applications leading to new orders for a diversity of clients.
Additional HG145 orders
is also pleased to announce the continued acceptance of its flagship product, HG145. Over the past week, the company has received multiple purchase orders from its North American-based dealers to deliver more units that are destined for current North American free-trade agreement (NAFTA) countries and the Brazilian truck markets.
Annual general meeting
will hold, as scheduled, its annual general and special meeting of shareholders on Friday, June 22, 2018, at 11 a.m. EDT, at the 501 Alliance Banquet Hall in Toronto, Ont. Management is looking forward to greeting and welcoming shareholders.
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.
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