dynaCERT Receives the Notice of Allowance for a Patent for its SMART ECU
02 Mayo 2019 - 1:32PM
dynaCERT Inc. (TSX VENTURE: DYA) (OTCQB: DYFSF) (FRA: DMJ)
("dynaCERT" or the "Company") is pleased to announce that it has
received a Notice of Allowance for its application of a new patent
from the United States Patent Office (“USPO”).
The Company received notification that the USPO
has issued a Notice of Allowance for patent application number
15/298.783 for its “MANAGEMENT AND METHOD FOR REGULATING THE
ON-DEMAND ELECTROLYTIC PRODUCTION OF HYDROGEN AND OXYGEN GAS FOR
INJECTION INTO A COMBUSTION ENGINE” to dynaCERT.
The embodiments relate to a management system
and method that can simultaneously reduce emissions and improve the
performance of an internal combustion engine by: determining the
reactor performance level or calculating the amount of gas being
generated by the on-demand electrolytic reactor; monitoring the
engine performance level, determining whether the engine
performance level would change, i.e. decrease or increase, or
remain the same to forecast a future engine demand level; adjusting
the reactor performance level to improve the engine performance
ahead of the forecast future engine demand level materializing to
minimize parasitic loss associated with reactors operating
continuously, i.e. reactors that are not capable of adjusting their
performance level or the level of produced gas according to the
real time engine performance level; and, thereby, improving the
engine performance and reducing emissions.
David Bridge, Senior Technical Advisor said, “My
team and I worked diligently to build the SMART ECU as a first step
to be able to control the HydraGEN™ Technology products. This
patent firmly establishes dynaCERT as a Canadian innovator in the
field of carbon emission tracking and carbon credit solutions.”
Jim Payne, CEO of dynaCERT stated, “Let me
congratulate David Bridge and his team for accomplishing this first
milestone in our overall Global Carbon Credit strategy as well as
strengthening our entire intellectual property portfolio. With
David’s team and our valued consulting partners we are now on the
path to become a certified world class Carbon Credit creator for
diesel engines, something that no other company has yet been able
to achieve.”
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 of 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, CEO
For more information, please contact:
Jim Payne, CEO & PresidentdynaCERT Inc.#101 – 501 Alliance
Avenue Toronto, 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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