dynaCERT Announces New HG145 Orders and New Dealers
21 Junio 2018 - 7:30AM
dynaCERT Inc. (TSX VENTURE:DYA) (OTCQB:DYFSF)
(DAX:DMJ) ("dynaCERT" or the "Company") is pleased to provide the
following updates:
India Bus
Market dynaCERT is pleased to
announce, after a successful trial programme, the receipt of a new
order, with deposit, for HydraGEN™ units and the signing of our
standard non-exclusive Dealer Agreement for the India Market where
a total of 114 HG145 units are to be delivered. A HG145 unit has a
retail list price of CAD $7,800.
Solutions 4 Pollution Private Limited (S4P) is a
newly formed entity in India focused on delivering HydraGEN™
Technology to the inter-city bus market. The total number of
buses in India alone exceeds one-half million diesel-powered
vehicles. These buses operate typically to Euro III
environmental standards where the use of the HydraGEN™ units could
significantly reduce the urgent problem of toxic exhaust pollution
and meaningfully save fuel costs of bus operators and owners.
The use of the HydraGEN™ Technology is viewed as assisting the
India Government in meeting its Paris Accord commitments.
The new order for HG145 units was agreed by
dynaCERT and S4P to have a rollout period of 12 months commencing
August 15, 2018 and to be supported by the Export Development
Corporation (EDC), a Crown Corporation of the Government of
Canada.
New
DealersdynaCERT is pleased to announce
the expansion of its Canadian sales network with new dealers now in
place in both Red Deer, Alberta and Fort McMurray, Alberta and also
in Vaughan, Ontario. These additions bring the total number
of dealers and agents to 25 worldwide. dynaCERT is
currently in discussions with these new dealers in order to provide
customized HydraGEN™ solutions for different applications leading
to new orders for a diversity of clients.
Additional HG145
OrdersdynaCERT is also pleased to
announce the continued acceptance of it flagship product, the
HG145. Over the past week, the Company has received multiple
purchase orders from its North American based dealers to deliver
more units that are destined for current North American Free Trade
Agreement (NAFTA) countries and the Brazilian truck markets.
Annual General
MeetingdynaCERT is pleased to hold, as
scheduled, its Annual General and Special Meeting of Shareholders
(AGM) on Friday, June 22, 2018 at 11:00am EDT at the 501 Alliance
Banquet Hall, Toronto, Ontario. Management is looking forward
to greeting and welcoming shareholders.
About dynaCERT Inc.dynaCERT
Inc. manufactures, distributes, and installs Carbon Emission
Reduction Technology for use with internal combustion
engines. As part of the growing global hydrogen economy, our
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. Our 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 railroad
locomotives. Website: www.dynaCERT.com
READER ADVISORYExcept for
statements of historical fact, this news release contains certain
"forward-looking information" within the meaning of applicable
securities law. Forward-looking information is frequently
characterized by words such as "plan", "expect", "project",
"intend", "believe", "anticipate", "estimate" and other similar
words, or statements that certain events or conditions "may" or
"will" occur. In particular, forward-looking information in
this press release includes, but is not limited to the potential
expansion into new markets, industries and segments, such as
diesel-powered use of any the dynaCERT products and sales.
Although we believe that the expectations reflected in the
forward-looking information are reasonable, there can be no
assurance that such expectations will prove to be correct. We
cannot guarantee future results, performance or achievements.
Consequently, there is no representation that the actual results
achieved will be the same, in whole or in part, as those set out in
the forward-looking information.
Forward-looking information is based on the
opinions and estimates of management at the date the statements are
made, and are subject to a variety of risks and uncertainties and
other factors that could cause actual events or results to differ
materially from those anticipated in the forward-looking
information. Some of the risks and other factors that could
cause the results to differ materially from those expressed in the
forward-looking information include, but are not limited to:
uncertainty as to whether our strategies and business plans will
yield the expected benefits; availability and cost of capital; the
ability to identify and develop and achieve commercial success for
new products and technologies; the level of expenditures necessary
to maintain and improve the quality of products and services;
changes in technology and changes in laws and regulations; the
uncertainty of the emerging hydrogen economy; including the
hydrogen economy moving at a pace not anticipated; our ability to
secure and maintain strategic relationships and distribution
agreements; and the other risk factors disclosed under our profile
on SEDAR at www.sedar.com. Readers are cautioned that this
list of risk factors should not be construed as
exhaustive.
The forward-looking information contained in
this news release is expressly qualified by this cautionary
statement. We undertake no duty to update any of the
forward-looking information to conform such information to actual
results or to changes in our expectations except as otherwise
required by applicable securities legislation. Readers are
cautioned not to place undue reliance on forward-looking
information.
Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of the release.
On Behalf of the Board
Murray James Payne,
CEOFor more information, please
contact:
Jim Payne, CEO & PresidentdynaCERT Inc.#101 – 501 Alliance
AvenueToronto, Ontario M6N 2J1(416) 766-9691 x
2jpayne@dynaCERT.com
Investor RelationsdynaCERT Inc.Nancy Massicotte(416) 766-9691 x
1ir@dynaCERT.com
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