00:27:37 EST Mon 10 Dec 2018
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DynaCERT Inc
Symbol C : DYA
Shares Issued 252,987,016
Close 2018-09-24 C$ 0.215
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DynaCERT provides update on IAA vehicle trade show

2018-09-24 13:20 ET - News Release

Mr. Jim Payne reports

DYNACERT UPDATES ON IAA COMMERCIAL VEHICLE TRADE SHOW

DynaCERT Inc. has provided an update on events at the IAA Commercial Vehicle Trade Show in Hanover, Germany, which is held from Sept. 19, 2018, to Sept. 27, 2018.

IAA trade show

The DynaCERT sales and engineering team has had meetings daily at the show with some original equipment manufacturers (OEMs) that include Mercedes Benz, Volkswagen, MAN Truck, Volvo and Freightliner. Other OEMs are scheduled for meetings with DynaCERT for the remainder of the trade show. These OEMs have already begun development designs and prototyping of new technology to reach the very onerous carbon dioxide regulatory targets due in 2025 (see earlier press release dated Sept. 24, 2018). Of great interest to OEMs is the HydraGEN technology for reduction in overall emissions, but, in particular, the carbon dioxide reduction whereby a HydraGEN unit would become one of several technologies used to achieve the European CO2 regulation standards mentioned in the aforementioned press release.

These discussions with OEMs also included opportunities to consider the aftermarket sales of HydraGEN technology through the respective current dealer networks of OEMs. Sales of DynaCERT's line of products would be for both dealer resale of preowned vehicles and to existing customers that bring their vehicles to dealers for service. The opportunity to DynaCERT could be very significant as, for example, one particular dealer sells only 200 new trucks per year but has 1,000 customers representing more than 2,500 trucks. Management of the company sees these potential relationships as a particularly effective market potential for the HydraGEN.

On Sept. 18, 2018, prior to the official show opening, management of DynaCERT, DynaCERT GmbH and the German dealer H2-GreenTech participated in a press interview event open forum. Press journalists from across Europe asked questions on technical, commercial and market-related topics such as, "What are DynaCERT's plans for expansion in Europe? and when will DynaCERT have homologation?" Management was pleased to present the TUV testing results, which received a very positive reaction.

Enrico Schlaepfer, vice-president, global sales, states: "Participating at this year's IAA, the world's largest commercial vehicle trade fair, opens a window for DynaCERT to a whole new clientele of environmentally focused firms and individuals that understand our HydraGEN technology is an important tool to help them save fuel and reduce emissions. We met with owners and operators, potential dealers and distributors, and OEMs at the fair, and took this opportunity to introduce the HG1 line of products in order to advance and build a strong and reputable sales network."

Jim Payne, chief executive officer and president, stated: "Working with DynaCERT GmbH and our German dealer H2-GreenTech, we have launched our HydraGEN product into Europe as the 'first to market.' This was evident by the strong interest shown at the DynaCERT trade booth at the IAA as visitors came to see the technology that can deliver a significant reduction in greenhouse gases and save the user money with fuel savings."

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, mining and forestry equipment, marine vessels, and railway locomotives.

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