dynaCERT Delivers 150 HydraGEN™ Technology Units to KarbonKleen Destined for Mexico
14 November 2019 - 11:00AM
dynaCERT Inc. (TSX VENTURE: DYA) (OTCQB: DYFSF) (FRA: DMJ)
(“dynaCERT” or the “Company”) is pleased to announce that it has
completed the delivery of the first one hundred and fifty (150)
HydraGEN™ Technology Units to KarbonKleen Inc. (“KarbonKleen”)
destined for Mexico, with payments in full received by dynaCERT,
pursuant to the previously announced agreement between dynaCERT and
KarbonKleen regarding its purchase order of four hundred (400) such
Units (see Press Release of August 20, 2019).
dynaCERT will be on site in Mexico to assist,
train and certify KarbonKleen staff in the installation process.
Steven Christou, Global Product Support Manager (See Press Release
dated May 27, 2019), along with Earl Nylund, dynaCERT’s newest
field technician who is a licensed diesel mechanic, will lead
the dynaCERT training of installations for KarbonKleen.
This training is typically completed on a client’s vehicle as
hands-on sessions for their own mechanics to ensure proper
utilization of the HydraGEN™ Technology.
The Mexico City installations are for five (5)
separate important clients of KarbonKleen, five (5) different trade
unions forming part of the CTM umbrella (Confederation of Mexican
Workers), the largest trade union federation in Mexico.
Pursuant to the KarbonKleen MOU (See Press Release of July 2,
2019) these unions control approximately 1,000,000 trucks. These
trade unions and their mechanics will be trained and certified to
perform installations of the HG145 Units on a variety of different
Class 8 trucks used for a variety of types of shipments including
trans-border to the USA. The installations will all include
dynaCERT’s HydraLytica™ Telematics technology for the monitoring of
truck engine performance, diesel fuel economy and carbon emission
reductions using HydraGEN™ Technology.
Brian Semkiw, CEO of KarbonKleen, stated, “At
KarbonKleen, we are very pleased that such a large organization as
CTM has placed their confidence in our companies and the HydraGEN™
Technology, including our ability to deliver in a timely manner.
Such an important project will result in significant fuel savings
for workers in Mexico as well as provide a front-line offensive
against the grave pollution problem crippling Mexico City.”
Jim Payne, President and CEO of dynaCERT,
stated, “I see this delivery as a momentous event for dynaCERT.
KarbonKleen has proven to be a dedicated and well-trained team with
a strong proven background in sales and service, representing and
marketing only dynaCERT's product lines. The training and
certification of these service centres representing KarbonKleen is
in line with our business plan of developing and producing products
for our dealers to sell and take responsibility for installations
and client servicing.”
About KarbonKleen
Inc.KarbonKleen Inc. is a Preferred Systems Provider for
dynaCERT and is dedicated to the selling and servicing of HydraGENä
Technology including the establishment of a global financing
alternative for the dynaCERT dealer channel. Website:
www.karbonkleen.com
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
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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 +1 (416) 766-9691 x
2jpayne@dynaCERT.com
Investor RelationsdynaCERT Inc. Nancy Massicotte +1 (416)
766-9691 x 1ir@dynaCERT.com
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