01:17:48 EDT Sat 20 Apr 2024
Enter Symbol
or Name
USA
CA



DynaCERT Inc
Symbol DYA
Shares Issued 287,804,936
Close 2019-02-28 C$ 0.365
Market Cap C$ 105,048,802
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DynaCERT appoints Semkiw to advisory board

2019-03-01 08:30 ET - News Release

Ms. Nancy Massicotte reports

DYNACERT ANNOUNCES APPOINTMENT OF BRIAN SEMKIW TO ITS ADVISORY BOARD

DynaCERT Inc. has appointed Brian Semkiw, PEng, to its advisory board.

Mr. Semkiw was a founder of Rand Worldwide, a CAD/CAM/CAE/PLM software/service provider to the engineering and manufacturing marketplace serving flagship customers such as John Deere, Nortel and Chrysler. As chief executive officer, Mr. Semkiw led the company to a successful initial public offering on the Toronto Stock Exchange in 1993. The company was consistently one of the fastest growing companies in the country for more than a decade.

In 2007, Mr. Semkiw co-founded one of the most innovative financial technology companies in the world, Carta Worldwide. Carta had numerous breakthrough achievements in the payments processing marketplace with such customers as MasterCard, Vodafone, TransferWise and ApplePay.

Most recently, Mr. Semkiw and Rui Mendes co-founded 3rdGP, the world's first third-generation processing payments company with emphasis on blockchain and Internet of things payments processing solutions.

Mr. Semkiw has an engineering degree from University of Toronto, has served on the deans advisory board at University of Toronto and on the board of Leitch Technologies.

Mr. Semkiw said, "What has drawn me to DynaCERT is the opportunity to merge two distinct disciplines, engineering/manufacturing and payments processing. DynaCERT has engineered an excellent product that has numerous benefits for its customers, but most significantly, is the impressive reduction of toxic greenhouse gases (GHG). I see my job as helping the company to monetize those reductions with fintech innovation not present in the world today. Digitizing the complete process, from the tokenization of carbon credits to their trading on the existing openly regulated currency exchanges, is not only an immense potential for DynaCERT but is a massive opportunity with multigovernment tailwinds already predisposed to the success of the project. This is a very exciting time for DynaCERT and I am very pleased to be part of the team."

Jim Payne, CEO of DynaCERT, commented: "I am very pleased that Brian is joining our advisory board. Brian brings to DynaCERT a depth of expertise in engineering, software and international payments that will assist us in developing our carbon credit program."

Options

The company granted today a total of six million options to its directors, officers, advisers and consultants, each option exercisable into one common share at an exercise price of 38 cents exercisable for a period of five years.

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.

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