Mr. Jim Payne reports

DYNACERT PROVIDES INDIA, EUROPE AND CORPORATE UPDATE

DynaCERT Inc. has provided the following update.

Testing by Automotive Research Association of India

The India trucking industry participants realize that there is a potential performance difference between testing and use of the HydraGEN technology in North America as compared with the environmental and operational conditions in South Asia. The Automotive Research Association of India (ARAI) has been contracted by DynaCERT to test the company's HydraGEN technology under the supervision of one of DynaCERT's senior engineers and rigorously subject the technology to local road and driving conditions in India. This testing will be with the lower-grade diesel fuel that is available in the market and on vehicles that are technologically different than those in North America, where DynaCERT's previous testing has been done. These tests are expected to be completed prior to the official HydraGEN product launch during the coming All India Motor Transport Congress in New Delhi, as provided by the conditions for the sale of DynaCERT's HydraGEN technology stated in the press release dated Feb. 27, 2018.

European markets

Enrico Schlaepfer, vice-president of global sales, will be travelling to Belgium, Germany, Switzerland and Austria for many meetings starting March 5, 2018. Mr. Schlaepfer, along with DynaCERT's dealer for Germany and Switzerland, H2 GreenTech, will be visiting current and new potential customers that have indicated an interest in using DynaCERT's HydraGEN technology on their stationary generators. In furtherance of the development of the marketing to the on-road transportation industry in the European market, Mr. Schlaepfer will be also overseeing the final steps for homologation certification in Germany, working with TUV NORD and TUV SUD. As reported previously, the company has created DynaCERT GmbH as a wholly owned subsidiary in Germany in order to comply with the European road transport requirements for certification and to facilitate DynaCERT's sales and marketing strategy for Europe, the Middle East and Africa (EMEA). The certification process is the final regulatory requirement to license on-road transport companies to use the HydraGEN technology on their vehicles.

Northwest Territories Power Corp.

The installation and testing of HydraGEN units in mid-2017 are completed. Due to exceptional results realized on similar applications in Europe, DynaCERT is now in discussions to perform further testing with its upgraded units to increase fuel savings. These upgraded units are a simple, low-cost retrofit to the existing operational engines with minimal modifications to each power station.

Edison Awards

DynaCERT has been notified that it is one of three finalists to receive an Edison Award for its HydraGEN technology in the energy and sustainability -- vehicle advancements segment. The 2018 Edison Awards are to be presented in New York on April 11, 2018. The Edison Award is a leader in globally recognizing, honouring and fostering innovation and innovators to create a positive impact in the world. Being recognized with an Edison Award is one of the highest accolades a company such as DynaCERT can receive in the name of innovation and business success.

Conference technical presentation

Olivia Maier, DynaCERT's chemical engineer, has been chosen to be a presenter of the technical paper titled "HydraGEN Technology Performance on Reefer Engines" at the 21st annual Energy, Utility & Environment Conference (EUEC) to be held on March 5 to March 7, 2018. The EUEC is the largest professional educational, training and networking event of its kind, which, this year, is in San Diego, Calif.

Toronto Truck World

DynaCERT is very pleased to be a first-time exhibitor at this year's Truck World trade show, which is being held in Toronto on April 19 to April 21, 2018. DynaCERT will be joined by several of its dealers celebrating the official launch of the company's HG-1 and HG-2 series of HydraGEN technology. Please drop by and visit DynaCERT at booth No. 5559.

Lawsuit

As reported by DynaCERT's legal counsel, the legal action with a previous supplier (see management's discussion and analysis dated Sept. 30, 2017, filed on SEDAR) is continuing. The company is responding to a demand for particulars and expects to receive a defence statement thereafter.

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, DynaCERT'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.

We seek Safe Harbor.