dynaCERT Offers a Solution to 2019 European CO2 Regulations
24 Septiembre 2018 - 8:19AM
dynaCERT Inc. (TSX VENTURE: DYA) (OTCQB:
DYFSF) (FRA: DMJ) ("dynaCERT" or the "Company") is pleased to
provide an update on the TUV and homologation testing presented at
the IAA Trade Show in Hanover Germany which is held from September
19-27, 2018.
European CO2 Regulations
The European regulations VECTO for CO2 reduction come into
effect on January 1, 2019
(http://data.europa.eu/eli/reg/2017/2400/oj). This regulation will
require all truck manufacturers to provide full emission testing on
every new vehicle model in various load and road
configurations. These tests then become the baseline from
which each vehicle sold in Europe built after January 1, 2025 must
achieve a 15% reduction in CO2. A further 5% reduction
requirement is to be achieved by 2030. Vehicles that do not
achieve these CO2 reductions will lose their regulatory
approvals.
As shown in the press release dated September
17, 2018, TUV tests were conducted under the requirement for
Homologation to obtain an Allgemeinebetriebserlaubnis (ABE), the
German Transport regulatory license that is required for any
equipment used on on-road vehicles in Europe. dynaCERT first
contacted TUV 15 months ago. As the HydraGEN™ is the
First-to-Market on-demand hydrogen delivery system, there was no
protocol at that time, TUV had to develop a brand new testing
protocol for the HydraGEN™ Technology evaluation for
Homologation. At such time, the Senior Engineer of TUV-SUD
stated, “There does not exist equipment such as the HydraGEN™
Technology in the European market. dynaCERT’s HG1 is a
Revolutionary Product coming into the European market at a time
where this technology is urgently needed to help achieve current
Paris Accord commitments and the very strict future European CO2
requirements.”
The Head of Emissions Testing and Validation
released the Test Data Results to management participating at the
IAA. He stated emphatically, “We understandably struggled to
justify how and why the HydraGEN™ unit performs as this is simply
new to our marketplace. This is a real and effective product.”
While the dynamometer test showed a 8.9% fuel savings, separately,
during the on-road break-in period after the baseline test, the
on-board diagnostic (OBD) record of the 2018 MAN TGX 18-460 long
haul truck with an HG1-45B showed a 20.1% average fuel savings for
the 188 hours of tests, travelling through the mountainous terrain
of southern Germany in a heavy load commercial operation.
The current status of the Homologation ABE
application is that all required testing has been completed and the
HydraGEN™ technology has passed all test points. Final reporting of
the results has been submitted to TUV-NORD which will compile an
overview report and submit such report to the Government Transport
Ministry (Kraftfahrtbundesamt KBA) for final review prior to ABE
certification. Once the ABE is issued, dynaCERT GmbH will be
authorized to sell HydraGEN™ units for use on vehicles across
Europe.
Robert Maier COO & Chief Engineer, states:
“The successful German test results add credence for our HydraGEN™
Technology. The positive response at the IAA increases our
confidence in the viability and future demand for our
product. The strict European regulations that are coming into
place for CO2 reductions will drive the necessity for a innovative
solution for which our HydraGEN™ Technology will play a predominant
role.”
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
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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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