CEOs Travel from India to Attend Conference on @dynaCERT Technology $DYA $DYFSF

dynaCERT_web Jan 2017

dynaCERT (TSX.V-DYA) (OTCQB-DYFSF) announce that approximately 100 registered guests representing leading Transportation CEOs from the “All-India Motor Transport Congress”, government officials and business leaders will gather at the Clean Technology Conference hosted by dynaCERT to be held on November 22 and 23, 2017. This is a unique opportunity for business leaders from India to learn about technological solutions designed by dynaCERT to help meet their country’s greenhouse gas emissions goals and to reduce fuel consumption.

The Indian business leaders are part of the All-India Motor Transport Congress (http://aimtc.org/), an apex assembly of cargo and passenger transporters serving the Indian industry since 1936. They will be travelling to Ontario specifically to visit dynaCERT and learn how its patent-pending technology can help them meet the Euro IV emission standard recently adopted by the Government of India. Their itinerary includes a day of meetings and learning opportunities on November 22 and a tour of the dynaCERT production facilities in Toronto on November 23.

“We’re excited to welcome India’s transportation industry leaders toCanada,” says Jim Payne, CEO & President of dynaCERT. “We have a fantastic technology and we’re thrilled these executives are travelling half way around the world to Ontario to learn more about our HydraGEN™ systems.”

The Indian market for dynaCERT‘s HydraGEN™ HG1 & HG2 systems provides a major opportunity to further grow the dynaCERT success story. Our HydraGEN™ Technology is installed on internal combustion engines to reduce carbon emissions and increase fuel efficiency. dynaCERT aims to introduce our “Carbon Emission Reduction Technology” as a leading global green technology with units installed on diesel engines reducing greenhouse gases (CO, CO2, NOx) from 10% to 50%, particulate emission reduction by greater than 65%, and offer fuel savings up to 19.2% (see press releases of September 21, 2017 and November 15, 2016).  Together with our SMART ECU, emission savings can be collected to record the data related to carbon credits in all markets worldwide (see press release of October 5, 2017).

dynaCERT is delighted to have received the following letter from the Premier of Ontario, the Honourable Kathleen Wynne.

A PERSONAL MESSAGE FROM THE PREMIER OF Ontario

On behalf of the Government of Ontario, I am delighted to welcome the executives of the All-India Motor Transport Congress to dynaCERT‘s clean technology conference.

This is a great opportunity for business leaders from India to learn about technological solutions that will help them meet their country’s emissions standards. Our government’s successful trade mission to India has strengthened Ontario’s relationships with India, and created new opportunities for Ontario businesses.

I want to commend dynaCERT for bringing together India’s business leaders and Ontario’s energy innovators. I also commend your company’s commitment to clean technology, which aims to reduce carbon emissions and improve fuel economy.

As you may know, our government is committed to supporting clean technology and reducing greenhouse gas emissions. Through the Solutions 2030 Challenge, we challenged local and international companies to develop the next generation of transformative clean technologies to help fight climate change. The Solutions 2030 Challenge was part of the TargetGHG program, which is supported by funding from the Ontario Green Investment Fund. Ontario’s TargetGHG program is designed to catalyze the adoption of innovative low-carbon technologies and foster leading-edge technology development targeting greenhouse gas reductions for industry emitters.

Helping businesses innovate while lowering greenhouse gas emissions is part of Ontario’s plan to create jobs, grow our economy and help people in their everyday lives.

Please accept my best wishes for a productive conference.

Kathleen Wynne Premier

dynaCERT $DYA $DYFSF Provides #Corporate Update

dynaCERT_web Jan 2017

dynaCERT (TSX.V-DYA OTCQB:DYFSF) reports that it has filed a claim in Ontario Superior Court for damages in the amount of approximately $47.7 million to recover costs, lost revenue and damages associated with the non-functioning electronics from a previous supplier and the resulting delay in production and deliveries.  A re-design of the electronic system began in early June and was completed in late August.  The Company has shifted component production to another supplier.

Operations:

HG1 units advance in their commercial stage.  All units in the field have been updated, or are in the process of being updated, with the most recent technology, including the latest software, to ensure optimum performance. Updated HG1 units are available for shipping by dynaCERT and we expect to make available for shipping our HG2 units near the end of this year.

dynaCERT reports that the testing of the SMART ECU2 has now been completed and regulatory approvals were successfully obtained for the use of our new exclusive technology for use throughout all of North America.

Our Smart ECU systems, our Electronic Control Units that power our proprietary HydraGEN™ line of products that target reduction of harmful gas emissions and improved fuel consumption, incorporate dynaCERT’s proprietary ECU technology, which has been developed by us after years of extensive trials and research. Meaningfully, dynaCERT now has an approved state-of-the-art capability to accurately track, measure and report on greenhouse gas emissions associated with many proponents operating in a diverse set of trades such as Residential, Industrial, Commercial, Power Generation, Railway, Marine, Aviation, On/Off Road and Agricultural applications including the world-wide diesel trucking industry. The data collected with our proprietary ECU’s can be used to determine the amount of greenhouse gas credits or offsets with a view to certify carbon credits in a scientific manner and moreover, do so quickly and in opportune time.

Initially, the newest miniaturized ECU2 version of our ECU line of technology, will be utilized in dynaCERT’s new HydraGEN™ HG2 units. Production of the new HydraGEN™ HG2 unit is targeted to be underway promptly as procurement of parts and equipment have begun for the new HG2 unit.

PIT Group testing of HydraGEN technology continues. Following the announcement dated September 21, 2017, the break-in period and testing by PIT for fuel consumption is expected to be completed by the first week of November and a report received by mid-November.  Once received and confirmed by PIT, these results are expected to be announced by dynaCERT.

European Market update:

In Europe, dynaCERT is in the process of Homologation Certification in Germany working with TÜV NORD GROUP, the largest German safety organization.  For this purpose, the dynaCERTboard has approved the creation of dynaCERT GMBH as a subsidiary LLC company in Germany, to be wholly-owned by dynaCERT Inc.  This process is expected to be the key final regulatory requirement to permit sales in the European Market. TÜV NORD GROUP is a technical service provider with worldwide activities. Founded in 1869 and headquartered in Hanover, Germany, the Group employs more than 10,000 people in more than 70 countries of Europe, Asia, America and Africa.

@dynaCERT $DYA $DYFSF Announces Proprietary #Greenhouse #Gas #Tracking #System

dynaCERT_web Jan 2017

dynaCERT (TSX.V-DYA) (OTCQB: DYFSF) announced that it has successfully filed a Provisional Patent Application in the United States for the following patent: “Systems and Methods for Tracking Greenhouse Gas Emissions Associated With an Entity”.

Our system incorporates dynaCERT’s proprietary technology which has been developed after years of extensive trials and research. dynaCERT now has the state-of-the-art capability to accurately track, measure and report on greenhouse gas emissions associated with many proponents operating in a diverse set of trades such as Residential, Industrial, Commercial, Power Generation, Railway, Marine, Aviation, On/Off Road and Agricultural applications.

The data collected will be used to determine the amount of greenhouse gas credits or offsets with a view to certify carbon credits in a scientific manner and moreover, do so quickly and in opportune time.

Conservative systems used today for analyzing and reporting greenhouse gas emissions characteristically rely on simply receiving emission related information from users.  Consequently, the conventional systems are typically inaccurate and inefficient and often can not stand to audit nor reliability.

This dynaCERT patent application aims to firmly establish our long-standing corporate mission in its relentless pursuit to help the world reduce its carbon footprint in a most effective manner.

The inventors, David Bridge & Ruston Hoffman, who have been integral to the senior dynaCERT strategic team, state, “After months of hard work, this is yet another unique innovation that will further build and enhance our patent portfolio within the Carbon Emission Reduction Technology arena.”

Jim Payne, President & CEO of dynaCERT, commented, “Breakthrough patent applications like this one require intelligence, hard work and time to prepare and I am especially proud of how our team is collaborating together to achieve even loftier goals than any one individual could reach by oneself.  This is another milestone achieved in our quest to be a global leader in tracking carbon credits and carbon emission reduction technologies.”

@dynaCERT $DYA $DYFSF Test Results Show Refrigerated Trailer Engine Performance Exceed @dynaCERT ‘s Expectations

dynaCERT_web Jan 2017

After months of testing on a stationary refrigerated trailer (Reefer) supplied by a national grocery chain, the fuel improvements have been exceptional. A second Reefer has been delivered to dynaCERT in order to duplicate the testing process for even further confirmation of the effectiveness of the dynaCERT HydraGEN™ technology.

The test protocol measured hourly results at different temperature set points of the refrigeration unit to benchmark the engine’s fuel consumption and emission results under various conditions. This was conducted over many weeks to verify results.

The HydraGEN™ unit was then connected to the engine’s air intake and the testing followed the same protocol as the benchmark testing and recorded improved fuel consumption and emission results.

While testing continues, current results show fuel consumption reductions exceeding 20% at selected different temperature set points and as high as 28% when the Reefer engine was operating at a steady state. The current test also shows results of similar reductions in emissions as attained in the PIT testing of HG1 units (see Press Release of September 21, 2017 “Milestone Exceeded by dynaCERT’s HydraGEN™ Technology: Initial PIT Group Test Results Show Emission Reductions – NOx Reduced by 46.1%.”).

Testing has begun on the second Reefer trailer to replicate these results.

These results point dynaCERT’s new HG2 unit to a potential vast market for not only Reefers but also Class 2-5 fixed-body delivery trucks, city buses and average trucks in the European, Asian and India market place. The company has made significant progress in the development of the HG2 unit, which is approximately 25% of the size of the HG1 unit, thereby allowing for a broader range of applications for diesel engines with displacements of up to 10 litres.

@dynaCERT $DYA $DYFSF Appoints Former #President of #Cummins #Diesel #Canada, Michael Christodoulou, as #Business/#Marketing #Advisor

dynaCERT TSX.V-DYA announced that Michael Christodoulou, the former President of Cummins Eastern Canada LP and Cummins Diesel of Canada, is joining the Advisory Board as a Business/Marketing Advisor.

Mr. Christodoulou has over 30 years of extensive experience and vast knowledge working with major North American trucking companies. He held the position of President and Principal of Cummins Eastern Canada LP for 15 years, Executive Director of PACCAR Business, Cummins Inc. and was President of Cummins Diesel of Canada for over seven years. Mr. Christodoulou has a superior track record within the trucking industry and has developed excellent industry affiliations with global transportation companies and all the major truck OEM’s.

Mr. Christodoulou was formerly on the Global Distributor Advisory Council for Cummins Power Generation, was the Chairman of the Canadian Association of Equipment Distributors, and the VP and Board Member of the Associated Equipment Dealers. He is a Member of the Canadian Trucking Alliance, and has been a member of the Ontario, Quebec and the Atlantic Provinces Trucking Associations.  Mr. Christodoulou is a former member of Cummins Distribution Council and was the Co-Chair of Cummins Bus Council.

dynaCERT announces the receipt of $1 million from Mr. Christodoulou as a strategic partner in the business. This funding was a private placement of 1,176,471 units at a price of $0.85 per unit. Each unit is comprised of one common share in the capital of the Company and one-half of one common share purchase warrant, with each whole warrant being exercisable into one Common Share at a price of $1.25 for a two-year period from the date of issuance. The warrants include an acceleration clause to the effect that if at any time after four months and one day following the issuance of the warrants, the closing trading price of the Common Shares on the TSX Venture Exchange (the “Exchange”) is greater than $2.00 per Common Share for a period of ten consecutive trading days, then dynaCERT may give notice to the holder of the warrants of its intention to force the exercise of the warrants, following which the holder thereof shall have a period of 30 days to exercise the warrants, failing which the warrants will automatically expire.

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@dynaCERT $DYA $DYFSF Announces #Financial Results for the 1st Quarter of Fiscal 2017

dynaCERT_web Jan 2017dynaCERT Q1 Highlights:

  • Revenue of $1,380,350 on the delivery of 215 HG1 units
  • Gross profit of $653,502
  • Gross margin of 47%
  • Net operating income before stock based compensation of $199,188
  • Net income of $482,175
  • Cash balance at the end of Q1 of $1,093,944

Robert Maier, COO of dynaCERT, states, “We are executing well and gaining traction as we focus on the foundation of strong distributor relationships. We are expanding into other markets for our suite of HydraGENTM products.“

“I am pleased with our first quarter results as we commenced commercial sales,” said Jim Payne, President and CEO of dynaCERT.  “We are strengthening our management team and support for sales and product installation.  The growth potential for sales is both exciting and challenging as we transform from an R&D company into a sales and manufacturing organization.”

@dynaCERT $DYA $DYFSF Collaboration with Northwest Territory Power Corp.

dynaCERT_web Jan 2017

dynaCERT announced the collaboration with the Northwest Territory Power Corp. in Yellowknife, NT in a fuel savings and emission reduction pilot project located in Deline, NT. Delines is located on the southwest share of Great Bear Lake, about 400 km northwest of Yellowknife. Deline is only serviced via aircraft and winter ice roads. The NTPC operate 3,500 diesel power generation units in remote villages and communities across the Territory.

The dynaCERT-NTCP project, at this important initial stage, consists of the sale, installation and commissioning of four dynaCERT HG1 units onto three stationary generator units that in turn are responsible for producing all of the electricity in the village of Deline. One stationary generator unit will have two HG1 units. The NTPC engineering team has worked closely with the dynaCERT engineers to design this specific application for the community to align with NTPC’s stated goal of reducing their reliance on fossil fuels.

Robert Maier, COO of dynaCERT, states, “NTPC continues to work hard at the leading technological edge to improve the lives of the people they serve.  We are pleased that our HydraGENTM technology is part of this pilot project opportunity to lower operating costs for NTPC and improve the environment for northern communities.”

Jim Payne, President & CEO of dynaCERT, states, “We are very pleased to work with NTPC and their communities. With Robert Maier’s managerial and technical leadership, dynaCERT continues to develop new applications and enter varied markets for its HG1 units, not just in trucking but also in remote location power generation. Our engineering creativity, supported by our ongoing commitment to R&D, is rapidly advancing our Company in the diverse world of diesel uses in furtherance of our corporate strategy.”

@dynaCERT $DYA $DYFSF Receives CE Certification for HydraGEN (TM) #Technology in #Europe

dynaCERT $DYA $DYFSF has received CE Certification for its HydraGENTM techology for shipments to clients within Europe. Specifically, the models HG1 (Class 6-8 trucks), HG2 (Class 2-5 trucks, refrigerated trailers and shipping containers) and HG3 (diesel-powered ocean ships, locomotives and stationary generators).

The letters “CE” are the abbreviation of French phrase “Conformité Européene” which literally means “European Conformity”. This signifies that products sold in the European Economic Area (EEA) have been assessed to meet high safety, health, and environmental protection requirements. This also applies to products made in other countries that are sold in the EEA.

There are two main benefits CE marking brings to businesses and consumers within the EEA:

  • Businesses know that products bearing the CE marking can be traded in the EEA without restrictions.
  • Consumers enjoy the same level of health, safety, and environmental protection throughout the entire EEA.

dynaCERT announced that Mr. Enrico Schlaepfer has joined the company as the VP of Global Sales.   Mr. Schlaepfer is fluent in English, French, German and Italian and has over 35 years experience managing large global sales and distribution agents. Mr. Schlaepfer states, “CE Certification now paves the road to the European market and to my contacts in Europe.”

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@dynaCERT $DYA $DYFSF Announces $2.7M in #Sales, New Product Developments and Results of 2017 AGM

dynaCERT $DYA $DYFSF announced new purchase orders for over 430 HydraGENTM units exceeding $2.7 million in sales. Purchase orders for the year-to-date exceeds 700 units, resulting in total gross sales of over $4.5 million.

At the AGM, the company unveiled a 3-D image of a new produce prototype, the HG-2 (HydraGENTM or HG-2) which is specifically designed for the refrigerated container (reefer) market. In connection with this initiative, Domenic Macri, GM of #Loblaw Transport, #Ontario was present at the AGM. #Loblaw has installed units on four of their Class 8 trucks and delivered one of their reefer trailers for testing of the new HG-2 unit.

dynaCERT_web Jan 2017

All incumbent directors were re-elected as Directors of the Company. The Company granted a total of 300,000 stock options to the CFO, which vest immediately and set at an exercise price of $0.94 for a period of five years.

dynaCERT $DYA $DYFSF Extend Voluntary Lock-Up Agreement; Increases to Over 72 M Shares and it Strengthens Management Team

dynaCERT has extended the formal strategic Voluntary Lock-Up Agreement and increased from 55M shares to over 72M shares. The extended lock-up period is to July 31, 2017.

Ms. Yumey Fernandez, CFO & Corporate Secretary, has resigned due to personal reasons. Mr. Terrence MacDonald, CPA, CA has been appointed the new CFO & Corporate Secretary. Mr. Khoa Tran, B.A., has joined the dynaCERT team as the Director of Finance.

dynaCERT has received approval from The Depository Trust Company (“DTC”) of New York, NY and is now DTC eligible under the symbol DYFSF.