dynaCERT Inc. (TSX VENTURE: DYA) (OTCQB: DYFSF) (FRA: DMJ)
("dynaCERT" or the "Company") is pleased to announce that it has
received a purchase order with a deposit for 100 HydraGEN™ HG145B
units destined for trucking in Mexico from KarbonKleen LLC
(“KarbonKleen”), a preferred service provider covering Mexico, the
USA and Canada.
KarbonKleen is also pleased to announce its new
partnership with the Alliance Holdings Group (“Alliance”), a
visionary holding company in Mexico that is dedicated to improving
the lives of the people of Mexico using innovative technological
advancements. This partnership between KarbonKleen and the Alliance
has exclusivity for dynaCERT’s patented HydraGEN™ Technology for
distribution to all of the labour unions in Mexico.
KarbonKleen’s purchase order is for its client,
Alliance, which supplies trucking equipment to one of the
largest federation of labour unions in Mexico. The 100 unit order
is expected to be a precedent for a potential exponentially larger
market in Mexico.
Alliance, on behalf of its labour unions, has
indicated, in a formal memorandum of understanding with KarbonKleen
(the MOU”), that they wish to co-brand the HydraGEN™ Technology of
dynaCERT pursuant to an exclusive special arrangement with
dynaCERT. Through its strategic partnerships in Mexico, Alliance
has a market of over 1,000,000 diesel-operated vehicles, which
operate throughout the entire country.
Mr. Alberto Valdespino, Principal of Alliance
and Director of International Business, is very excited about this
opportunity and stated, “dynaCERT’s technology is very important to
the Alliance because it will foster better health and the use of
environmentally friendly technology for union members and for the
population of Mexico as a whole. The use of HydraGEN™ Technology
will allow the unions in Mexico to benefit from reduced fuel
consumption and fuel costs, while at the same time creating
immediate and significant reductions in diesel gas pollution for
generations to come. At the same time the reduction of diesel
pollution will be leading the creation of carbon credits under
dynaCERT’s proposed programme.”
This relationship represents a very significant
milestone for dynaCERT in Mexico and Karbonkleen, Alliance and the
Mexican labour unions.
dynaCERT will immediately commence deploying
engineers and staff to Mexico to assist and train leaders and
professionals in Mexico regarding the proper installation of its
HydraGEN™ Technology.
The timing is excellent, as the air quality
situation in Mexico has continued to deteriorate, leading to
increasing government initiatives to curb the pollution
problem. Through these new partnerships, dynaCERT is
appropriately positioned to help Mexico solve this growing problem
with the Company’s HydraGEN™ Technology.
Pursuant to the MOU, the first 10,000 units
destined for Mexico are expected to be assembled by dynaCERT in its
Toronto facilities, ensuring timely delivery and meeting the
Company’s high quality control for deliveries to Mexican end-users
of its HydraGEN™ Technology. Under the MOU, dynaCERT will
immediately begin to negotiate with KarbonKleen, Alliance and its
principals in Mexico to establish an assembly facility in Mexico.
Initially this new facility will service further Mexican
demand for up to 1 million more HydraGEN™ units and provide
increased employment in Mexico.
Mr. Christopher Grossman, Chief Operating
Officer of KarbonKleen, stated, “This initial purchase order is
significant to both our Mexican partners and dynaCERT. The benefits
of fuel economy and environmental solutions offered by dynaCERT’s
HydraGEN™ Technology is win-win for labour unions, the population
of Mexico and businesses in Mexico. It can contribute to Mexico’s
commitment to meeting the emission standards that it has signed
under the Paris Accord while saving on diesel costs for decades. We
are very pleased that dynaCERT has joined us in being flexible and
co-operating in making this historic transaction a possible
reality.”
Jim Payne, President & CEO of dynaCERT
stated, “With this initial order, accompanied by the MOU,
KarbonKleen, Alliance and its principals are demonstrating their
firm commitment to the huge potential of dynaCERT and its HydraGEN™
Technology and I thank them for their hard efforts and loyal
support. I welcome the Mexican labour unions to learn more about
all the benefits of our HydraGEN™ Technology and commend their
demonstrated enthusiasm for helping the world conquer diesel
pollution.”
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 ADVISORY
Except 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 2
jpayne@dynaCERT.com
Investor RelationsdynaCERT Inc. Nancy Massicotte (416) 766-9691
x 1ir@dynaCERT.com
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