dynaCERT Inc. (TSX VENTURE: DYA) (OTCQB: DYFSF) (FRA: DMJ)
("dynaCERT" or the "Company") is pleased to announce that it has
formally launched its new vehicle telematics device software
(“HydraLytica™”) enabling easy access to fuel savings and carbon
emission reduction reports from diesel-powered vehicles and
machinery equipped with the Company’s HydraGEN™ Technology.
Now the Company, its dealers, and clients such as truckers and
fleet owners equipped with the HydraGEN™ Technology, can
easily monitor from their computers an automatically calculated
savings of diesel and carbon emissions with
HydraLytica™ updated periodically while a truck is travelling.
HydraLytica™ reads data directly from a
truck’s on-board-diagnostic port (the “OBD port”), and communicates
this data to dynaCERT’s cloud server remotely through the Company’s
patented Smart ECU which is integrated into the
HydraGEN™ Technology unit on vehicles. At the time of
activation of a HydraGEN™ Unit, the new software records, from
the OBD data, the total lifetime mileage and lifetime hours used
and calculates fuel consumed. Once the HydraGEN™ Unit is
operational, HydraLytica™ determines fuel consumption and
distance travelled, and calculates fuel savings and reductions of
polluting emissions in kilograms of CO2 equivalent (“CO2e”).
The HydraLytica™ software allows dynaCERT
to provide documented proof to the market of the effectiveness of
the HydraGEN™ Technology as stated. Since the data used and
processed is taken from a vehicle’s OBD port,
HydraLytica™ removes any doubts as it does not rely on any
human interpretation which could possibly be biased. With
HydraLytica™, dynaCERT expects users will receive viewable and
written confirmation direct from their own diesel engines that its
HydraGEN™ Technology is working and have peace of mind
regarding performance.
HydraLytica™ software also enables a user
to access telematics information from any location equipped with an
internet connection. The HydraLytica™ software also clearly
displays historical daily and weekly travel data after the
HydraGEN™ Technology has been installed on a vehicle.
HydraLytica™ continuously maps the routes and locations of
vehicles, both in real time and historically, and displays when the
vehicle is moving or stationary or when its ignition is off. The
intuitive user-friendly software of HydraLytica™ allows
truckers and fleet owners to review historical and current
performance of their on-road and off-road vehicles.
HydraLytica™ was engineered by INGTECH in
association with dynaCERT. INGTECH is a fleet management and
engineering firm located in the greater Montreal area (Canada) that
has grown to become a transportation expert in telematics.
Jean-François Maheux, CEO of INGTECH, stated,
“As we continuously strive to help companies harness cutting-edge
technology for more efficient, connected and intelligent fleet
management processes, our team of seasoned transport experts is
pleased to collaborate with dynaCERT in advancing the
HydraLytica™ solution. Our extensive software intelligence
offers a customized approach providing dynaCERT the capability to
measure a wide range of operational performance metrics for its new
HydraLytica™ technology.”
In addition, dynaCERT’s dealers that have been
using a Beta test version of this new technology are delighted by
the new development of an additional sales tool which can
demonstrate cost savings to fleet owners. Although the performance
of the HydraGEN™ Technology has been tested numerous times
over the last three years by The PIT Group in Quebec (Canada), UOIT
in Ontario (Canada), iCaT in India and TUV Nord and TUV Sud in
Germany, the reliability and ease of displaying
HydraLytica™ software as a tool to clients clearly
demonstrates the advantages of HydraGEN™ Technology with a
very high degree of conviction and verification by end users for
their own vehicles.
dynaCERT’s new HydraLytica™ software is
complementary to the Company’s existing MyHydraGEN™ Technology
App which reports certain data in real time of its
HydraGEN™ Technology to smart phones and tablets providing
additional data to users regarding the functionality of
HydraGEN™ Units installed on vehicles.
Rui Mendes, Chief Technology Officer of
KarbonKleen LLC, a Preferred Service Provider of dynaCERT, which
recently issued to the Company a 100 unit order destined for Mexico
(see Press Release dated July 2, 2019) stated, "The data analytics
provided by dynaCERT's HydraLytica™ software will provide fuel
savings and positive environmental impact information empowering
our Mexican clients with a real time method to track against their
corporate goals and initiatives. The business intelligence
displayed by the HydraLytica™ software is formatted to
visualize an asset-based or fleet-based dashboard enabling ease of
use and rapid adoption.”
Mr. John O’Bireck, a member of dynaCERT’s
Advisory Board, and President and Chief Technical Officer (CTO) of
Sparta Capital Ltd., indicated, “Having HydraLytica™ as an
advanced technology at our disposal will further enhance the
research being carried out on Sparta’s fleet of highway tractors
which will be powered by transformed waste plastic combined with
dynaCERT’s HydraGEN™ Technology.”
David Bridge, dynaCERT’s Senior Technical
Advisor responsible for the Smart ECU stated, “We are continuously
making improvements to our Smart ECU for the benefit of end-users,
including our reporting systems, which can now be audited easily.
The reliability of the data that is collected securely right from
the source of a truck’s computer via the OBD port is paramount to
establishing the effectiveness of our
HydraGEN™ Technology.”
Jim Payne, President and CEO of dynaCERT stated,
“Our new technology reporting system adds a great innovative
dimension to our product line and now provides clear benefits which
can be verified by users of our HydraGEN™ Technology for their
own fleets. It allows truck owners to immediately justify the costs
of installing HydraGEN™ Units on their trucks. As well, this
is a necessary first step for capturing and then demonstrating
Carbon Credits from operating diesel engines which we plan to share
with truckers and fleet owners once our submissions to the United
Nations Framework Convention on Climate Change (“UNFCCC”) and to
the VERRA VCS program for such Carbon Credits are completed.”
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, CEOFor 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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