#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 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.”