dynaCERT Inc. (TSX VENTURE: DYA) (OTCQB: DYFSF) (FRA: DMJ)
("dynaCERT" or the "Company") is pleased to provide significant
updates related to the advancement of its intellectual property
related to its on-board on-demand hydrogen injection systems for
diesel engines and carbon credits.
The Company has been granted on April 9, 2019 a
very key US Patent, i.e. patent number 10,253,685, called
“Method & System for Improving Fuel Economy & Reducing
Emissions of Internal Combustion Engines”. The Canadian version
i.e. patent application number 2882833, of this patent was granted
on June 4, 2019; the required fee has been paid and dynaCERT is
currently awaiting the issuance of the patent from the Canadian
Patent Office. A continuation application with additional claims to
US Patent number 10,253,685, was filed on February 20, 2019
and is currently pending.
In addition, dynaCERT has several other patent
applications filed in the US, Canada and other parts of the world,
and patents pending for different aspects of the HydraGEN™
Technology. These are progressing through the normal patent
application process. The Company’s R&D team is currently
working on improvements to the existing HydraGEN™ Technology, and
it is the intention of the Company that patent applications
capturing such improvements would be filed in due course. Some of
the significant patent applications are described below.
The Company received the Notice of Allowance on
May 2, 2019 on US patent application number 15,298,783
“Management System and Method for Regulating the On-Demand
Electrolytic Production of Hydrogen and Oxygen Gas for Injection
into a Combustion Engine” referred to by the Company as the “Smart
ECU patent”. The application is expected to issue as US Patent
number 10,400,687 on September 3, 2019. The embodiments of the US
Patent relate to a management system and method that can
simultaneously reduce polluting emissions and improve the
performance of an internal combustion engine by: determining
dynaCERT’s reactor performance level or calculating the amount of
gas being generated by dynaCERT’s 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. Following
PCT applications in 2017, patent applications have been filed in
Canada and other countries, and are awaiting review.
Two continuation applications i.e. number
16,514,460 and number 16,514,543, claiming the benefits of the US
Patent number 10,400,687 (“Management System and Method for
Regulating the On-Demand Electrolytic Production of Hydrogen and
Oxygen Gas for Injection into a Combustion Engine”) were filed on
July 17, 2019.
dynaCERT has also filed in 2018, a PCT
Application entitled “Systems and Methods for Tracking Greenhouse
Gas Emissions Associated with an Entity”. This application
PCT/CA2018/051235 is a method to securely and accurately capture
and transmit data on greenhouse gases associated with the
following: Residential Entity (single-family residence, townhouse,
condo, apartment building), Industrial Entity (factory), Commercial
Entity (medical building, educational institution), Power
Generation Entity, Railway Entity, Marine Entity, Aviation Entity,
On-Road & Off-Road Entities (trucks, cars, buses, ATVs),
Agricultural Entity (tractors, combines, barns). The Company
also included fertilizers, pesticides and other chemicals and
carcinogens in its patent scope. dynaCERT’s data collector, the
Smart ECU, when attached to the emission source by way of sensors
or any other measuring devices, can directly measure emissions
output. When the data is collected for the first time, it goes
through a series of validation processes in order to determine an
emission offset measurement based on an emission baseline. The
output data is encrypted and then transmitted to a portal or
platform where the data is analyzed to determine any changes in
emissions output to validate compliance, determine amount of
greenhouse gas credit or offset such as Carbon Credits required for
trading.
Mr. David Bridge, Senior Technology Advisor of
dynaCERT stated, "These patents and patent applications
continue to propel dynaCERT as a leading international
innovator in the field of carbon emission tracking and carbon
credit solutions. We are thoroughly sensitive to the imperative of
intellectual creativity across a plurality of industries while
upholding a very real-world approach to developing breakthrough
technologies that can save lives and improve global health in our
lifetime and much further beyond."
Jim Payne, CEO of dynaCERT stated, “I
congratulate and thank David Bridge and his team of professionals
for their exceptional achievements in continuing to strengthen our
intellectual property and patents. dynaCERT is committed to
maintaining its leadership through ingenuity in Carbon Emission
Reduction Technology. Our corporate social responsibility is to
create a better world for our children, grandchildren and many
generations to come.”
About dynaCERT Inc.dynaCERT Inc.
manufactures and distributes 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 a unique electrolysis system and
supplies these gases through the air intake to enhance combustion,
resulting in lower carbon emissions and greater fuel efficiency.
Our technology is designed for use with many 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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