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DynaCERT Inc
Symbol DYA
Shares Issued 256,987,016
Close 2018-10-19 C$ 0.23
Market Cap C$ 59,107,014
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DynaCERT talks up HydraGEN system

2018-10-19 10:31 ET - News Release

Mr. Jim Payne reports

DYNACERT'S HYDRAGEN SEEN AS GROUND-BREAKING TECHNOLOGY IN EUROPEAN DIESEL MARKET

DynaCERT Inc. has provided an update following its participation exhibiting its HydraGEN system and performance, which was recently tested by TUV in Germany at the 67th IAA Commercial Vehicles trade show under the slogan "driving tomorrow." The biennial trade show fully lived up to its aspiration of being the world's most important trade fair for transport, logistics and mobility.

The IAA trade show was evidence that an entire sector is anticipating change. The strategic orientation of the IAA, organized by the German Association of the Automotive Industry, was right on the button. In 2018, DynaCERT, along with a total of 2,174 exhibitors from 48 countries, outstripped exhibitor participation from the already very high figure from 2016. The number of visitors was also very high, despite the sometimes inclement weather, hot days at the beginning, and rain and storms on the weekend of the trade show; and yet, the response of attendees at the IAA was definitely positive. The mood was excellent everywhere -- among the exhibitors and the visitors.

The IAA positioned itself again as the marketplace for the experts in the commercial vehicle sector. The proportion of trade visitors was well over 80 per cent of attendees and many of them were decision makers.

The IAA also attracted a lot of on-line visits. There was much discussion of the IAA's new developments and industry highlights in advance of the exhibition. In all, since the middle of August, 2018, there have been over 75 million contacts worldwide, 60 million of them during the trade show itself. Half of the over 10,000 posts were written in English, which is more evidence of the international significance of the IAA. As well, more than 95 per cent of posts and comments about the IAA are positive.

As a direct result of the disruptive nature of the new emission legislation in Europe, original equipment manufacturers (OEM) anxiously try to maintain the diesel engine industry and the jobs associated with them. Europeans see the HydraGEN technology as proven technology to not only solve today's current emission problems, but also in helping in the growing demands in improved fuel economy while reducing emissions and greenhouse gases.

Interest by potential dealers and fleet operators was generated at the trade show by the unique and significant impact of DynaCERT's HydraGEN technology, especially as it applies to the large and receptive diesel market in Europe. There are new regulations coming into effect in 2019 and, subsequently, will require a revolutionary approach to emission reductions. The HydraGEN system performance, as tested by TUV in Germany, is beyond anything that is currently in the marketplace. Tested and proven emission reductions in NOx (nitrogen oxide) of 88 per cent, CO (carbon monoxide) of 50 per cent and particulate matter of 75 per cent are unmatched by any other current technology. The HydraGEN system is being seen as the forerunner to assist in re-establishing diesel power as the chosen engine in the marketplace.

Visitors

Numerous visitors interested in DynaCERT and the performance of its HydraGEN technology were greeted in DynaCERT's 530-square-foot (50-square-metre) trade booth in the IAA New Technology Building, where the company displayed the HG-1 and HG-2 products, along with its streaming video clearly displaying its technology.

Transport and industry representatives from around the world attended the DynaCERT booth. They represented more than 20 industries, including: bus transit, bus intercity, off-road construction, equipment, farming, fleet management, power generation, fuel cell, mining equipment, original equipment manufacturers, logistic and trucking, and petroleum producers.

Dealers

While in Europe, DynaCERT met several interested parties wanting to sell the company's products. As DynaCERT continues to expand its distribution network, candidates were narrowed to 15 new qualified, potential dealers which could be added to DynaCERT's existing 30 dealers worldwide.

Two new authorized DynaCERT dealers were signed up with sales commitments upon DynaCERT's receipt of the ABE (Algemeinbetriebserlaubnes) certification (homologation): The CO2 Company in the Netherlands and the Russell Group Engineering in the United Kingdom.

Stephen Madden, senior group fleet engineer of the Russell Group Engineering, commented, "Our endorsement of DynaCERT and its HydraGEN technology is reinforced by the market interest expressed by our current logistics and transport customers throughout the U.K. and the world." The Russell Group Engineering is part of John G Russell, one of the United Kingdom's largest independent transport companies.

Other connections and continuing talks include serious interest from Benelux, Canada, China, Egypt, France, Germany, Korea, Lithuania, Mexico, Middle East Region, Norway, Spain and the United States.

Original equipment manufacturers

DynaCERT hosted several meetings while in Europe and is currently in continuing talks with several original equipment manufacturers, which specifically sought the company out once the news spread of DynaCERT's innovative HydraGEN technology and the testing results that have been achieved and verified by TUV, one of the most stringent and respected testing facilities in the world.

European sales

DynaCERT is awaiting the ABE certification licence from the government Kraftfahrtbundesamt (KBA), the German Ministry of Transportation. The current status of homologation via the ABE application is that all testing has been completed and the HydraGEN technology has passed in all the stringent tests. Once the ABE homologation is issued, DynaCERT GmbH will be authorized to sell HydraGEN units through the company's anxiously awaiting authorized dealers ready to install units onto vehicles across Europe.

Jim Payne, DynaCERT's president and chief executive officer, commends the entire DynaCERT team at home and abroad, including engineering, sales, research and development, and manufacturing, with this very successful and worthwhile effort as the company continues its global expansion, exposing the world to its product line and commitment of producing, testing, certifying and selling a carbon-emission-reducing technology that is revolutionary and greatly needed in the world markets today.

Enrico Schlapfer, DynaCERT's vice-president of global sales, commented: "Building on the enthusiastic reception and interest from potential customers, dealers and other industry experts at IAA, DynaCERT is looking forward to continuing our European and global expansion. Our HydraGEN technology is well positioned to contribute to the objectives of carbon emission reductions of the European governments, while also providing incentives for fleet and equipment operators by way of fuel savings. We look forward to continuing our expanding presence and sales in the region and globally."

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, mining and forestry equipment, and railroad locomotives.

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