#dynaCERT $DYA $DYFSF Provides Updates on Homologation and #Product #Launch in #Europe

dynaCERT $DYA $DYFSF provides update on European Homologation, European International Official Launch and receipt of Certificate of Excellence by the Silicon Review as a 2018 Awardee of the 50 Top Innovative Companies to watch.

https://fs.go.iopw.com/FileServer/customforms/go-dynacerts/php/tmp/1/2018-08-16%20dynaCERT%20Provides%20Updates%20on%20Homologation%20and%20Product%20Launch%20in%20Europe.pdf

. @dynaCERT $DYA $DYFSF Provides Updates on Board of Directors

dynaCERT Inc. (TSX VENTURE: DYA) (OTCQB: DYFSF) (DAX: DMJ) provides the following update:

dynaCERT announces the departure from its Board of Directors of Colonel Yalon Fahri who has resigned to pursue other interests.  Mr. James Payne states: “Colonel Fahri is a good supporter of the Company and helped in many aspects of our growing business.  Yalon will continue to work with our Toronto-based design and engineering team on our developments for different high-load applications but now just on a different level.”

dynaCERT $DYA $DYFSF Provides #India, #Europe and Corporate Update

TORONTO, ON–(Globe Newswire – March 2, 2018) – dynaCERT Inc. (TSX VENTURE: DYA) (OTCQB: DYFSF) (DAX: DMJ) (“dynaCERT” or the “Company”) is pleased to provide the following update:

Testing by Automotive Research Association of India

The India trucking industry participants realize that there is a potential performance difference between testing and use of the HydraGEN™ Technology in North America as compared to the environmental and operational conditions in South Asia. The Automotive Research Association of India (“ARAI”) has been contracted by dynaCERT to test our HydraGEN™ Technology under the supervision of one of our senior engineers and rigorously subject the technology to local road and driving conditions in India. This testing will be with the lower grade diesel fuel that is available in the market and on vehicles that are technologically different than those in North America where our previous testing has been done.

These tests are expected to be completed prior to the official HydraGEN™ product launch during the upcoming All India Motor Transport Congress in New Delhi as provided by the conditions for the sale of our HydraGEN™ Technology stated in the press release dated February 27th, 2018.

European Markets

Enrico Schlaepfer, Vice President of Global Sales, will be travelling to Belgium, Germany, Switzerland and Austria for many meetings starting March 5, 2018. Mr. Schlaepfer, along with dynaCERT’s dealer for Germany and Switzerland, H2 GreenTech, will be visiting current and new potential customers who have indicated an interest in using our HydraGEN™ Technology on their stationary generators.

In furtherance of the development of the marketing to the on-road transportation industry in the European market, Mr. Schlaepfer will be also overseeing the final steps for homologation certification in Germany working with TUV NORD and TUV SUD. As reported previously, the Company has created dynaCERT GMBH as a wholly-owned subsidiary in Germany in order to comply with the European road transport requirements for certification and to facilitate dynaCERT’s sales and marketing strategy for Europe, Middle East and Africa i.e. EMEA. The certification process is the final regulatory requirement to license on-road transport companies to use the HydraGEN™ Technology on their vehicles.

 Northwest Territories Power Corporation

The installation and testing of HydraGEN™ units in mid-2017 is completed. Due to exceptional results realized on similar applications in Europe, we are now in discussions to perform further testing with our upgraded units to increase fuel savings.  These upgraded units are a simple, low cost retrofit to the existing operational engines with minimal modifications to each power station.

Edison Awards

dynaCERT has been notified that we are one of three finalists to receive an Edison Award™ for our HydraGEN™ Technology in the Energy & Sustainability – Vehicle Advancements segment. The 2018 Edison Awards™ are to be presented in New York City on April 11, 2018.

The Edison Award™ is a leader in globally recognizing, honouring and fostering innovation and innovators to create a positive impact in the world. Being recognized with an Edison Award™ is one of the highest accolades a company, like dynaCERT, can receive in the name of innovation and business success as can be seen on their website http://www.edisonawards.com/finalists2018.php.

Conference Technical Presentation

Olivia Maier, dynaCERT’s chemical engineer, has been chosen to be a presenter of the technical paper titled “HydraGEN™ Technology Performance on Reefer Engines” at the 21st annual Energy, Utility, & Environment Conference (“EUEC”) to be held on March 5 to 7, 2018.  The EUEC is the largest professional educational, training & networking event of its kind, which this year is in San Diego, California.

 Toronto Truck World

dynaCERT is very pleased to be a first-time exhibitor at this year’s Truck World trade show that is being held in Toronto on April 19 to 21, 2018. We will be joined by several of our dealers celebrating the official launch of our HG-1 and HG-2 series of HydraGEN™ Technology. Please drop by and visit our booth #5559.

Law Suit

As reported by our legal council, the legal action with a previous supplier (see Management’s Discussion and Analysis dated September 30, 2017 filed on SEDAR) is continuing. The Company is responding to a demand for particulars and expects to receive a defence statement thereafter.

dynaCERT Provides Update re India Matters

TORONTO, ON–(Globe Newswire – February 27, 2018) – dynaCERT Inc. (TSX VENTURE: DYA) (OTCQB: DYFSF) (DAX: DMJ) (“dynaCERT” or the “Company”) is pleased to provide the following update:

India Tour with Prime Minister Justin Trudeau

Mr. Robert Maier, COO of dynaCERT, represented the Company at the special dinner in New Delhi held in honour of Prime Minister of Canada Justin Trudeau on Thursday, February 22, 2018, and has had numerous meetings with official groups and companies in India that expressed interest in the Company’s HydraGEN™ Technology, including the several offices of the India Central Government, the Ministry of Transportation and the Ministry of Environment as well as City of Delhi officials. Discussions were mainly focused on India’s keen interest in the environmental benefits of the technology. Other talks included senior representatives from The All India Motor Transport Congress (“AIMTC”), who had been hosted by dynaCERT in Toronto in November 2017 (see Press Releases dated November 2, 2017 and December 4, 2017) and Ashok Leyland Ltd. (“ALL”), which manufactures in India a wide range of equipment using diesel engines.

Ashok Leyland Ltd.

Ashok Leyland Limited, a company located in Gurgaon, India, is an Original Equipment Manufacturer of diesel-powered vehicles for the South Asia marketplace with sales and service offices in strategic locations throughout the region.  ALL sells over 400,000 vehicles per year.   Ashok Leyland operates in India and also exports to South Asia, Middle East and African nations.  dynaCERT has followed up with senior officials of Ashok Leyland and is furthering its relationship with the company.

All India Motor Transport Congress

The All India Motor Transport Congress also hosted dynaCERT COO, Mr. Robert Maier, in New Delhi on Mr. Maier’s trip to India.   It was agreed that a grand launch of dynaCERT’s HydraGEN™ Technology in India will be organized by the AIMTC as part of their upcoming National Conference to be held in New Delhi in April 2018 and will include the Minister and senior officials of the Transport Ministry of India, OEM’s based in India and other dignitaries of the road transportation industry of India.  AIMTC members operate approximately 10,000,000 diesel powered trucks and buses across India.  Of those members, the AIMTC has indicated that approximately 1.4 million trucks have a National Permit in India and move across the nation.  It is estimated that those trucks could potentially benefit most from dynaCERT’s HydraGEN™ Technology.

Automotive Research Association of India

The Automotive Research Association of India (“ARAI”), is testing dynaCERT’s HydraGEN™ Technology under local road conditions in India. The ARAI is the co-operative industrial research association of the automotive industry with the Government of India, Ministry of Industries. Subject to receipt of a positive report of dynaCERT’s HydraGEN™ Technology by ARAI, the AIMTC has indicated that it would be prepared to recommend the use of the technology to its members.

As stated in a letter addressed to dynaCERT, dated February 22, 2018 and signed by both President S.K. Mittal and Chairman Kultaran Singh Atwal of the All India Motor Transport Congress:

“The ongoing enthusiasm only hinges around the positive report from ARAI meeting the challenges of the Indian trucking conditions. AIMTC, then will recommend, HydraGEN™ Technology to its members accordingly for common good. Initially a tentative demand of 10,000 units could be expected that our members may order from dynaCERT Inc directly to suit their particular engine needs.”

“We have been also told by officials of Ashok Leyland Ltd. that they agree in principle to place a bulk order, subject to the report from ARAI. In closing we are sure that AIMTC and dynaCERT have paved a strong foundation to build a synergistic association for times to come.”

Robert Maier states: “We are very excited about the progress that we have made in our ongoing meetings, discussions and dialogue with groups and companies in India.  Diesel engines which cause insufferable air pollution are a large part of everyday life in personal transport, commodity transport, intercity movement of people in India, and, for a large part of the community electrical power which requires stationary diesel generators. Indian officials that we have met with have been very receptive to the environmental benefits of the HydraGEN™ systems. We look forward to helping clean the environment with them.”

#dynaCERT $DYA $DYFSF #Appoints Colonel Yalon Farhi as #Director, Provides #Corporate Update Including #Equity #Financing and #Note #Redemption

dynaCERT TSX.V-DYA OTCQB-DYFSF announced the appointment of Colonel Yalon Farhi to its Board of Directors. Colonel Farhi is a colonel in the Israeli Defense Forces (reserves), serving since 1998. Colonel Farhi has been a member of the MicroVision, Inc. (NASDAQ: MVIS) board of directors since September 2016 and is also a director at DarioHealth Corp. (NASDAQ: DRIO). Colonel Farhi received a degree in Education Studies and holds a Teaching Certificate from the Moreshet Yaacov College in Jerusalem. Colonel Farhi serves as a private security consultant to several security companies in Israel.

Mr. Wayne Hoffman, Chairman of dynaCERT, said, “Colonel Farhi will bring new perspectives and insights to the dynaCERT board based on his broad, international experience. We look forward to having his voice and market counsel as we progress dynaCERT’s Carbon Emission Reduction Technology and look to apply dynaCERT’s HydraGEN™ products to emerging global environmental markets such as diesel-powered military equipment and related transportation vehicles.”

“I am pleased to be joining the dynaCERT board at this pivotal time in the company’s history. The Company’s technology, the breadth of its patent portfolio and its potential to enable multiple applications is impressive,” said Colonel Farhi. “I look forward to sharing my experience with management and my fellow board members to assist the Company with the execution of its business plan.”

New Strategic Dealer for Israel and Brazil

 dynaCERT is pleased to announce the appointment of Farhi Holdings Corporation of London, Ontario (“Farhi”) as a strategic dealer for the countries of Israel and Brazil. Farhi is introducing the use of dynaCERT’s HydraGEN™ Technology onto many different diesel-powered vehicles and machinery as are used across numerous industries, including peacekeeping purposes.

 

Invitation to accompany the Prime Minister to India

dynaCERT has received an invitation to accompany Prime Minister Justin Trudeau on his upcoming trade mission to India in February 2018.  The Company will use this opportunity to further discussions with many of the All India Motor Transport Congress executives met during dynaCERT’s 2017 India Congress held in Toronto in November 2017. During the multi-city tour with the PM, it is expected that additional business introductions will be made that are expected to result in furthering the understanding and economic advantages of our Carbon Emission Reduction Technology.

Equity Financing and Note Redemption

dynaCERT is pleased to announce the offering of up to 7,142,857 units (each a “Unit”) at a price of $0.42 per Unit for aggregate gross proceeds of up to $3,000,000 (the “Financing”).  Each Unit will be comprised of one common share of dynaCERT (a “Common Share”) and one-half of one common share purchase warrant.  Each whole warrant (a “Warrant”) will entitle the holder to acquire one additional Common Share at a price of $0.50 for a period of twelve months, provided however that in the event that the Company’s Common Shares trade at a price above $1.00 per Common Share on the TSX Venture Exchange for twenty (20) consecutive trading days, dynaCERT shall have the right to give notice to holders that the Warrants shall expire within thirty (30) days of such notice.

The Company has received subscriptions for an aggregate of $1,210,000.00 of Units to date, with $210,000.00 being received from a director of the Company.   The Financing is expected to be completed in multiple tranches, with the first closing expected to be completed promptly following receipt of TSX Venture Exchange approval.

In addition, the Company is pleased to announce that it has entered into agreements with the holders of its convertible notes (aggregate principal amount of $1,260,000) that were issued in November 2017, whereby the holders of the convertible notes have agreed to the redemption thereof, with all amounts thereunder being repaid in full via the issuance of Units on identical terms as those that are to be issued under the Financing.  Accordingly, the Notes are expected to be redeemed for an aggregate amount of $1,281,288.12 (representing the principal amount owing, together with all interest amounts accrued thereunder), with the redemption amount being settled via the issuance of an aggregate of 3,050,686 Units to the holders of the notes.

The foregoing transactions are subject to the review and approval of the TSX Venture Exchange.  All of the Common Shares and Warrants that are to be issued in connection with the Financing and the redemption of notes will be subject to statutory four-month hold periods.

Jim Payne, CEO of dynaCERT, states: “dynaCERT is optimistic that 2018 will be the year where dynaCERT begins to expand sales into new diesel engine markets as more governments worldwide continue to recognize the need for direct Carbon Emission Reduction Technologies. With the retirement of all long-term debt, this financial strength will permit us to continue our planned global growth strategy into target markets not yet served by our HydraGEN™ products.”

Options

dynaCERT Inc. also announces that a total of 4,475,000 options were granted today to its directors, officers and consultants. Of this number, 2,925,000 stock options were granted to Directors and Officers to acquire common shares in the capital of dynaCERT (each, an “Option”) and 50,000 were granted to a consultant in respect of investor relations activities (with such options vesting quarterly over a period of one year).  All options (other than IR options) vest immediately and all entitle the holder to purchase one common share of the Corporation at a price of $ 0.50, each being exercisable on or before January 31, 2023.

 

#dynaCERT $DYA $DYFSF Receives #Initial #Order for #Europe

December 21, 2017) – dynaCERT Inc. (TSX VENTURE: DYA) (OTCQB: DYFSF) (DAX: DMJ) (“dynaCERT” or the “Company”) is pleased to announce that it has secured a major new group of end users in Germany for its HydraGEN™ Technology.

dynaCERT has received purchase orders for 520 HydraGEN™ HG1-45 model Units having a total suggested retail price of $4,067,000. The purchase orders were received from the dynaCERT’s dealer for Germany and Switzerland, Hoer&Hoer GreenTech.  The Units are destined to KWK GmbH (“KWK”) which is part of a buying group with members constituting operators within the prolific agricultural industry that each manage one or more bio-diesel powered generators in the State of Bavaria and throughout Germany. The first 20 Units are scheduled for an immediate delivery in January 2018 and the remainder have a planned rollout throughout 2018, commencing in March.

Over several months, a HydraGEN™ HG1-45 was successfully tested by KWK at its facilities in Samerberg, Bavaria, Germany. In September 2017, this HG1-45 was installed on a Perkins Bio-Diesel Generator.  The generator has controls that monitor output power and fuel consumption.  In the first few weeks of testing with the HydraGEN™ HG1-45, initial fuel consumption of the generator was reduced by 6%. As testing progressed, with adjustments of the HydraGEN™ using the Smart ECU, the engine was able to achieve and maintain a minimum of 17.5% reduction in fuel consumption and the resulting reduction of carbon emissions.

Johann Tischner, CEO of KWK, states, “We at KWK are delighted with the HydraGEN™ HG1-45, especially with the fuel savings achieved and we decided for this reason to deepen our co-operation with dynaCERT and its German dealer, Hoer&Hoer GreenTech. This collaboration will see our members deploy the HydraGEN™ Technology on their generators in 2018.  These generators are all different sized engines some up to 500kW which may require 1, 2 or 3 HG1-45 Units each.”

Hoer&Hoer GreenTech, headquartered in Lahr, Germany has been the dynaCERT dealer since June 2017.  They have worked diligently in many sectors before realizing this first initial order with KWK. Ms. Shirley Hoer, CEO, states, “The dynaCERT team professionally supported KWK and ourselves in the rigorous testing of this bio-diesel generator. We and KWK highly appreciated the unconventional approach dynaCERT had in this testing phase.  Their engineers were able to monitor and control the HG1-45 Unit remotely from across the Atlantic Ocean in order to optimize the fuel consumption reduction.  Because of this realization and the outstanding results, we are engaging in a long-term cooperation with dynaCERT. In the case of KWK, this starts with our initial 520 Unit order for 2018.”

Enrico Schlaepfer, Vice President, Global Sales for dynaCERT, comments, “The immediately addressable market in Europe for stationary diesel-powered generators is approximately 125,000 installations.  This opportunity reveals a significant market in 2018 for dynaCERT to begin serving the Europeans who seek to greatly reduce their carbon footprint.   With this order and the resulting tested validation, we are commencing our market penetration strategy proceeding into the South Asia marketplace with a focus on public and private stationary diesel-powered generators that produce nearly 60% of the available electrical power across that region.”

#dynaCERT $DYA $DYFSF Honoured by Attendees at #India #Congress

December 4, 2017 – dynaCERT Inc. (TSX VENTURE: DYA) (OTCQB: DYFSF) (DAX: DMJ)  is pleased to provide the following update:

India Congress

dynaCERT management and board members hosted executives from the All India Motor Transport Congress (AIMTC) on November 21-24, 2017. The AIMTC is an association that began in 1936. Currently the AIMTC members manage over 10 million trucks and 5 million buses in the India market.

The AIMTC was presented with all the relevant information concerning the opportunity of dynaCERT’s HydraGEN™ Technology. The Company showcased our two new HG1 models and the upcoming HG2 Unit for large trucks, small trucks, busses and power generators. The presentation by dynaCERT and the Omni News Video of the India Congress may be viewed on the web page of dynaCERT at www.dynaCERT.com.

Former Cummins Eastern Canada President, Mike Christodoulou, a member of the dynaCERT Advisory Board, who dialogued with the executives from India, states, “dynaCERT‘s HydraGEN™ Technology continues to produce very desirable results in on-highway transportation applications.  Most recently, the highly accredited PIT Group in Montreal, greatly considered the gold standard in automotive technology testing, reported some very impressive fuel and emissions figures.  Performance of the HydraGEN™ HG1 Unit reduced fuel consumption by 5.9% during PIT’s tests which follows the TMC Fuel Consumption Test protocol.  And, NOx and CO2 were reduced by 46% and 50%, respectively.”

Mr. Christodoulou goes on to say that, “I spoke directly with PIT Group representatives who claimed they had not seen these kinds of numbers in previously tested aftermarket technologies and that dynaCERT‘s results would be envied by other fuel improvement and carbon reducing technology providers.”  He adds, “The key here is that the tests were performed to PIT’s standards and, according to PIT, the results were measurable and consistent.”  It is important to note that third-party validation of the systems using trace amounts of Hydrogen Gas injected into the air intake of engines, such as dynaCERT‘s technology, has been conducted at a large number of testing institutions all of which have provided outstanding results, including NASA, Argonne National Laboratory, Jet Propulsion Labs and the California Institute of Technology among many others.   Christodoulou adds, “The PIT Group’s findings make it very clear that this technology works. It’s positive impact on the trucking industry and the environment should cause trucking executives and political leaders alike to have this technology on the forefront of their agendas.”

The India group of businessmen indicated their interest to embrace commercial opportunities with Canadian technology business developers such as dynaCERT. Currently, the primary concern in India is air pollution. In Delhi, for example, the media has reported severe smog and traffic incidents caused by carbon emissions which have alarmed the trucking industry in India. Discussions were held on several trade positions including direct sales from Canada and future manufacturing in India for the South Asian region which includes Afghanistan, Bangladesh, Bhutan, India, Maldives, Pakistan, Nepal and Sri Lanka.  The South Asian countries have a combined population of nearly 2 billion people.

The India group of businessmen also complimented dynaCERT and its management for its world-wide applications of its HydraGEN Technology.  Mr. Kultaran Singh Atwal, Chairman of the AIMTC stated, “Our recent visit to dynaCERT has been an incredible experience. Our members were quite impressed by their fuel saving and green/clean technology.  India needs dynaCERT’s technology for its future growth and to bring down the ever increasing and alarming pollution levels. We look forward to doing business with them in the coming years.”

These issues are significant to governments and citizens alike. Both the Canadian Federal Government and the Ontario Provincial Government were in attendance.

The Government of Ontario sent their representative, Ms. Harinder Malhi, MPP, the associate to the Honourable Premier Ms. Kathleen Wynne, who opened the congress. The congress was assured that the Government of Ontario is closely watching the international progress of dynaCERT and pleased to further the Company’s efforts in exports to the world. In addition, Mr. Vic Dhillon, MPP and Mr. T.K Pandey, Director of the Indian Importers Chambers of Commerce & Industry, were distinct speakers at the congress. At a reception afterwards, several other prominent Ontario political figures were in attendance to greet the dynaCERT team and the many Indian business professionals, including Ms. Sara Singh, Ontario’s NDP MPP Candidate for Brampton Centre.

The Federal Government was also prominent with their presence at the conference. Mr. Hersh Gandhi, Executive Assistant to the Honourable Kamal Khera, Member of Parliament and Parliamentary Secretary to the Minister of National Revenue presented to Mr. Jim Payne a unique certificate of congratulations and thanks from the Government of Canada. Jai Naraine, representing Ramesh Sangha, Member of Parliament of the Government of Canada, held high level talks with Mr. Jim Payne and senior management. Mr. Sukh Dhaliwal, Federal MP joined the delegates in Surrey, BC.

Marc Bertrand, former CEO of Mega Brands and a member of the Advisory Board of dynaCERT, attended the event and remarked, “With up to 30%-50% reduction in carbon emissions, dynaCERT‘s technology will have a significant impact on pollution in India. It was nice to have the Provincial and Federal Government participate at this event. dynaCERT has advanced the HydraGEN™ Technology that can help all governments internationally meet their carbon reduction targets. We look forward to creating programs and collaborating with governments world-wide to support the commercialisation of these products.”

#dynaCERT $DYA #DYFSF – PIT Group States “Test Results to be Envied”

November 29, 2017 – dynaCERT Inc. (TSX VENTURE: DYA) (OTCQB: DYFSF)  (DAX: DMJ) is pleased to provide the following clarification on the recently released complete report on the PIT Group testing for Fuel Consumption and Emissions Tests of the HydraGENTechnology.

dynaCERT is very pleased with the results of this test.  As was provided in the PIT report, the testing was conducted under outdoor laboratory conditions whereby the test vehicle was driven up to the optimal operating condition of 105 kph (65mph) and, at that time, the cruise control was set and the test equipment activated.  The driver then steered the vehicle around the test track at this constant speed and setting for 100 kilometers to complete the test. At that time, the test equipment and cruise control was turned off and vehicle returned to the start line. The testing was conducted with no change in elevations, no change in speed (up nor down), minimal wind conditions, and optimal weather conditions as would be experienced in perfect on-the-road conditions. This is the standard fuel consumption testing protocol for all vehicles regardless of make, model or options.

PIT wrote to dynaCERT in an email separate to the report: “…for any kind of automotive technology, 5.9 % fuel savings is a result to be envied”.

As previously reported in our press release dated November 20, 2017, PIT Group report states “The results are showing significant decreases in emission levels between baseline and final measurements, of almost half for carbon monoxide (CO), total hydrocarbons (THC), and for mono-nitrogen oxides (NOx).”  Testing verified that the HydraGEN™ HG1 unit reduced emissions of CO by 48.1%, THC by 50.0%, and NOx by 46.1%, all of which exceeded our estimates. This puts dynaCERT and the HydraGEN™ technology firmly into the Hydrogen Economy and provides companies worldwide the opportunity to benefit from the Carbon Credit economy with proven Carbon Emission Reduction Technology.

The subsequent Phase Two testing by the PIT Group on the test vehicles was conducted on October 31st, 2017 which by this date had the test vehicle travel double the previous distance.  PIT then followed the industry standard test procedure based on TMC Fuel Consumption Test Procedure – Type II, RP 1102A (TMC 2016) as was done in the Phase One testing.  Performance of the HydraGEN™ HG1 unit reduced fuel consumption by 5.9% when run at a constant speed of 105 kilometres/hour for 100 kilometers on a flat track. Please see www.dynaCERT.com for a copy of the PIT Group report titled “Fuel Consumption and Emissions Tests of the HydraGEN™ Technology from dynaCERT”.

Jim Payne, dynaCERT President & CEO. states: “This is solid confirmation that our dynaCERT HydraGEN™ “Carbon Emission Reduction Technology” works. The achieved reduction in emissions exceeded all expectations and the confirmed 5.9% improvement in fuel savings above what is already considered the optimum performance of a modern class 8 truck is, as stated by PIT, a result to be envied.”

Additional Benefits of HydraGEN™ Technology

In the November 20, 2017 press release, incorrect information was provided on the additional benefits of the HydraGEN™ Technology. In quantifying such benefits to end users, the Company has considered the fuel savings achieved by PIT @ 5.9%, a reduction in the cost of replacing and cleaning Diesel Particulate Filters (PDF) for Class 6-8 trucks at a cost up to US$1500, Diesel Emission Fuel (DEF) savings at a cost of US$2/gallon and oil changes at a cost of US$200 per change.  There are additional savings not calculated including, but not limited to, the reduced number of regeneration of trucks filtration systems and the reduced down time and maintenance associated with regenerations. The DPF needs to be cleaned regularly through a process called regeneration, either active, passive or forced regeneration.  The accumulated soot is burnt off at high temperature (approximately 600°C) to leave only a residue of ash, effectively renewing or regenerating the filter, ready to take on more pollution from the engine.

Future savings will also be realized from carbon credits and government environmental rebates once these are implemented. These additional benefits, combined with the Company’s new pricing and leasing strategy, show the Payback Period of the Company’s products to be under one year.

Historically shown in real on-road conditions, confirmed through tests performed at the Automotive Centre of Excellence, specific amounts of hydrogen and oxygen introduced to the air intake of a diesel engine resulted in increased torque and power to the drive train, showing additional benefits when the truck is under stress, pulling loads uphill, and against strong wind and adverse weather conditions along with the lessened amount of gear changes required, even greater fuel economy can be realized.

#dynaCERT $DYA $DYFSF Announces PIT Group #Test #Results Overall #Positive

dynaCERT Inc. (TSX VENTURE: DYA) (OTCQB: DYFSF) is pleased to announce the complete report on the PIT Group testing for Fuel Consumption and Emissions Tests of the HydraGENTechnology.

As previously reported in our press release dated September 21, 2017, PIT Group report states “The results are showing significant decreases in emission levels between baseline and final measurements, of almost half for carbon monoxide (CO), total hydrocarbons (THC), and for mono-nitrogen oxides (NOx).”  Testing verified that the HydraGEN™ HG1 unit reduced emissions of CO by 48.1%, THC by 50.0%, and NOx by 46.1%, all of which exceeded our estimates. This puts dynaCERT and the HydraGEN™ technology firmly into the Hydrogen arena and provides companies worldwide the opportunity to benefit from the Carbon Credit economy with proven Carbon Emission Reduction Technology.

As reported on September 21, 2017, in the Phase One test period the test truck was operated for 36 days from June to August 2017, this operation was not continuous as had been planned in order to decarbonize the engine with the HG1 unit. As a consequence, the test engine did not meet the necessary planned break-in requirements for achieving expected fuel efficiency, but such break-in is not required to realize emission reductions.  dynaCERT elected to continue the fuel consumption testing to Phase Two using these same vehicles to maintain continuity and ensure proper test procedures were followed.

The subsequent Phase Two testing by the PIT Group on the test vehicles was conducted on October 31st, 2017 which by this date had the test vehicle travel double the previous distance.  PIT then followed the industry standard test procedure based on TMC Fuel Consumption Test Procedure – Type II, RP 1102A (TMC 2016) as was done in the Phase One testing.  Performance of the HydraGEN™ HG1 unit reduced fuel consumption by 5.9% when run at a constant speed of 105 kilometres/hour for 100 kilometers on a flat track. Please see www.dynaCERT.com for a copy of the PIT Group report titled “Fuel Consumption and Emissions Tests of the HydraGEN™ Technology from dynaCERT”.

The Company is very pleased with the results of this test and confident that due to increased torque and power from the addition of our technology to diesel engines, better results can be achieved on real on-road conditions and can improve over time while in use.  These new PIT Group results, together with previous testing at the Automotive Centre of Excellence (“ACE”) as previously reported in the Company’s Press Release of November 15, 2016, indicate the important capabilities of the HydraGEN™ technology. Moreover, the various conditions of the ACE testing which emulated varying road conditions with a dynamometer, showed that while altering the flow of gasses of H2/O2 with our HydraGEN™ unit, test results verified a range of fuel consumption reductions from 2.7% to 19.2%.

Additional Benefits of HydraGEN™ Technology

Many additional benefits of the dynaCERT HG1 and HG2 line of HydraGEN™ technology point to a very short Payback Period for users. The Company reports that certain users of existing HydraGEN™ technology who measure performance and cost-saving results continuously have experienced significant reductions in diesel exhaust fluid (DEF) consumption, significant reductions in diesel particulate matter, resulting in fewer filter (DPF) changes and reductions in the number of annual oil changes. These changes of trucking costs have led to reduced down time of truck usage, reduced costs and reduced truck driver annoyances and also reduced fleet management aggravations. These additional benefits combined with the Company’s new reduced pricing strategy can reduce the Payback Period of the Company’s products to under one year and even lower Payback Periods in numerous circumstances. In quantifying such benefits to end users, the Company has considered the cost of filters for Class 6-8 trucks which can reach and exceed 3 replacements per year at a cost of filters of up to US$3,000 each, DEF at a cost of US$6/gallon and Oil changes at a cost of US$200 per change.

dynaCERT Unveils Advantageous New Pricing and Improved Product Design

The Company is pleased to report that new pricing and innovative designs of its HydraGEN™ technology has been unveiled in order to make the Company’s products more attractive to intended users of all the Company’s line of products. The Company is unveiling its new complete and improved product line as follows:

Line of HydraGEN ™ Technology Products

Currently, the Company has improved both lines of its current products:

  • The HG1 product line includes two product line selections:
    1. The all-new HG1 4.5T Unit for 10 to 15 litre turbo diesel engines such as for the Class 6-8 truck market, off-road equipment & power generator market, and,
    2. The current HG1 5T Unit for 5-10 litre turbo diesel engines which lends itself mainly to smaller trucks such as used in many overseas countries such as India and smaller diesel-powered machinery.
  • The HG2 product line which is designed to be smaller and more compact than the HG1 series, currently lends itself to smaller 1 to 5 litre turbo and non-turbo diesel engines and the significant Reefer market (see press release of 21 September 2017).

Improved Design of the HydraGEN™ HG1 Unit

The Company has completed the design of its new HG1 4.5T Unit, which is now available to its customers, and anticipates that the new HG1 4.5T Unit will lower the Payback Period to end users, substantially more than existing HG1 2.5T Units currently in use.

With the Company’s new pricing strategy, and when reviewing the combined financial benefits of the PIT-tested HG1 unit, as described above, the Payback Period at new list prices is calculated to be under 12 months for those targeted vehicles traveling approximately 11,000 miles (18,000 kms) per month.

“We’re excited to report these very encouraging results which verify, once again, that our HydraGEN™ technology works to the benefit of our clients,” says Robert Maier COO and Chief Engineer of dynaCERT.

Jim Payne announced, “We, at dynaCERT, are confident that the new pricing of our HG1 Units, combined with the new technological benefits provided by our upcoming HG1 4.5T Unit, will enable all our clients to achieve their much-needed emissions reductions and important cost benefits going forward. Our 2017 shipments have been delayed by the typical start-up, technological and logistical issues which many innovative companies encounter in their first year of commercial operations. To ensure the highest quality assurance, we expect that our new HG1 4.5T models will not be shipped in time to be recorded in the 2017 fiscal year, but dynaCERT is preparing its sales, marketing and production facilities to record sales of its new HG1 4.5T Units in Q1 2018 and also initiate the launch of its HG2 Units shortly thereafter.”

#dynaCERT $DYA $DYFSF Announces First #Tranche #Closing of #Convertible #Notes

dynaCERT Inc. (TSX VENTURE: DYA) (OTCQB: DYFSF) is pleased to report that it has closed the first tranche in the amount of $1,260,000 of a new issue of up to $3,500,000 principal amount of convertible notes (the “Notes”) by way of a non-brokered private placement in Canada to accredited investors. Use of proceeds of the issue of Notes is for general working capital of the Company.

The Notes are issued as of November 17, 2017 at a price of $0.84 maturing September 30, 2020, and, carry a coupon of $0.07, payable annually on September 30 of each year, yielding approximately 8.33%. Each Note is convertible at the option of the holder at any time prior to maturity into one Unit, each Unit consisting of one common share of dynaCERT and one half of a common share purchase warrant (a “Warrant”). Each whole Warrant is exercisable for 2 years from the date of issuance of the Notes at any time after conversion of the Notes for one common share of dynaCERT at an exercise price of $1.00 per common share. If the common shares of dynaCERT trade over the price of $2.00 per share on the TSXV for twenty consecutive trading days, the Company shall have the right to give notice to holders that the conversion feature of the Notes shall expire within 30 days of such notice. The Notes may be transferred subject to applicable Canadian Securities Legislation at the option of the holder. The Notes will not be listed for trading on any stock exchange. The Notes have a hold period of 4 months plus one day from their date of issuance.

The closing of this private placement is subject TSX Venture Exchange final approval.