dynaCERT Inc. (TSX VENTURE: DYA) (OTCQB: DYFSF) (FRA: DMJ)
("dynaCERT" or the "Company") is pleased to announce that it has
secured a compelling financing alternative for dealers of its
HydraGEN™ Technology (on-demand hydrogen injection system) whereby
their clients will be able to subscribe for the Company’s HG145
line of products on a monthly payment basis.
KarbonKleen Inc., based in Canada with offices
also in the USA (“KarbonKleen”), has indicated that it shall offer
to dynaCERT’s Dealers a financing alternative under specified terms
and conditions. Under the KarbonKleen Subscription Reseller
Program, KarbonKleen has agreed to offer to all registered dynaCERT
Dealers the opportunity to sell HydraGEN™ Technology through
KarbonKleen’s new guaranteed pay-per-month program.
Customers who contract through their Dealer for
a minimum 2-year term subscription of HydraGEN™ Technology are
eligible for the KarbonKleen money-back guarantee if their
registered trucks drive at least 5000 miles (8,047 kilometres) per
month, which is measured by dynaCERT’s new telemetry system,
HydraLytica™. If dynaCERT’s HydraGEN™ Technology doesn’t save such
client more than its subscription price, KarbonKleen indicates that
it will refund the subscription cost, thereby offering users
risk-free “Guaranteed Results”.
Subscription programs have historically been
used in technology sales to drive benefits for dealers, customers,
and OEM’s. KarbonKleen has created the TaaS or “technology as a
service” model which has been derived from the historically
successful SaaS model, “software as a service” to originate the
KarbonKleen Subscription Reseller Program.
The KarbonKleen Subscription Reseller Program is
believed by both dynaCERT and KarbonKleen to offer numerous added
financial benefits to customers. For potential users of the
HydraGEN™ Technology, the KarbonKleen Subscription Reseller Program
provides a lower financial barrier to entry, eliminates assets to
manage, offers monthly reporting on system performance, and, if
eligible, a money-back guarantee by KarbonKleen if the fuel savings
don’t exceed the subscription payments during the first two
years.
dynaCERT’s Dealers world-wide can maintain their
margins not just in the first year after installation of HydraGEN™
units but also thereafter for every subsequent year that the units
are under the subscription programme. This new financial feature
offered through Dealers is aimed directly at increasing sales and
increasing market penetration and client adoption.
For dynaCERT, the KarbonKleen Subscription
Reseller Program increases client awareness of the benefits and
performance of the HydraGEN™ Technology without compromising
existing payment terms offered by the Company.
Chris Grossman, Chief Operations Officer of
KarbonKleen stated, “At KarbonKleen, our goal is to shorten
decision times for the purchases of HydraGEN™ Technology by
eliminating most of the the risk for the end user with our
money-back guarantee as well as shortening the return on investment
or payback to less than six months for large long-distance trucking
customers.”
Brian Semkiw, CEO of KarbonKleen stated,
“Although KarbonKleen is a new private company, the capital
necessary for the implementation of KarbonKleen Subscription
Reseller Program is now in place. Our principals and shareholders
have the breadth and relationships to fund the program adequately
into the projected future. We look forward to extending our
Preferred System’s Provider relationship with the dynaCERT team by
extending this new offering.”
Jim Payne, President & CEO of dynaCERT
stated, “The opportunity of users of dynaCERT’s HydraGEN™
Technology to avail themselves of monthly payments which can be
offset by fuel savings is a huge benefit to our clients and
Dealers. The most difficult impediment for the trucking industry
can sometimes be the capital costs involved, and by our close
association with KarbonKleen, we have overcome this obstacle very
elegantly.”
About KarbonKleen
Inc.KarbonKleen Inc. is a Preferred Systems Provider for
dynaCERT and is dedicated to the selling and servicing of HydraGEN™
Technology including the establishment of a global financing
alternative for the dynaCERT dealer channel. Website:
www.karbonkleen.com
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 patented 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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