14:56:35 EDT Tue 23 Apr 2024
Enter Symbol
or Name
USA
CA



DynaCERT Inc
Symbol DYA
Shares Issued 291,054,936
Close 2019-04-11 C$ 0.325
Market Cap C$ 94,592,854
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DynaCERT signs HydraGEN deal with Total Equipment

2019-04-11 12:22 ET - News Release

Mr. Jim Payne reports

DYNACERT TARGETS UNDERGROUND MINING WITH ORIGINAL EQUIPMENT MANUFACTURER, TOTAL EQUIPMENT SERVICES INC.

DynaCERT Inc. has entered into an agreement with Total Equipment Services Inc. (TES), an underground mining equipment manufacturer, to adapt its HydraGEN technology to build a safe, healthy and positive environment to the underground mining industry and its staff. For DynaCERT, this significant agreement is the first with an original equipment manufacturer.

TES has become a dealer of DynaCERT's HydraGEN technology and will immediately feature DynaCERT's HG145 products to its clients in Canada. In addition, DynaCERT and TES have agreed to collaborate together to create markets for innovative products aimed at the reduction of NOx (nitrogen oxides), THC (total hydrocarbons), particulate matter, carbon dioxide and carbon monoxide in underground mining environments, globally, by the integration of HydraGEN technology with equipment manufactured by TES.

TES is a privately owned Canadian company located in Greater Sudbury, Ont., which specializes in the distributing, servicing, rebuilding and manufacturing of mining equipment. TES is a fully integrated mining supply company that provides product and service solutions to the mining industry. The company works closely with industry partners to evaluate their needs and develop customized solutions that keep their mines moving efficiently. TES is the proud manufacturer of Sparta, a customizable line of utility vehicles engineered for underground mining. Sparta has gone through extensive development and has incorporated invaluable positive reaction from engineers, operators and mine managers worldwide.

Kevin Whynott, president of TES, commented: "At TES Inc., we are excited about the potential impact this partnership can have on creating a safer work environment for underground miners. These miners face serious health risks from exposure to diesel particulate matter contained in the exhaust released from heavy-diesel-powered vehicles and equipment.

"There is a need to focus on reducing emissions now. With newer technologies like HydraGEN technology, we may have the ability to significantly lower the emissions on pre-existing and new diesel equipment entering the mines every day."

Jim Payne, president and chief executive officer of DynaCERT, stated: "We are very pleased to be working with TES Inc. and their experienced team to penetrate the worldwide underground mining market. Along with our recent award at the Mining Cleantech Challenge in Colorado in March this year, our collaboration with TES Inc. will enable our HydraGEN technology to be recognized as a very beneficial product for the mining industry. I am looking forward to working with Kevin Whynott, CEO of TES, who, after our first meeting at PDAC this year, followed by his visit to our Toronto facilities, where he witnessed our products and manufacturing, he very quickly recognized how our association would help achieve his commitments to safety and air quality in underground mining. Kevin clearly stated his No. 1 concern was the reduction of NOx and particulate matter, which is exactly how HydraGEN technology can be a solution to apprehensions of mining executives and employees."

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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