Source: dynaCERT Inc.
TORONTO, Nov. 20, 2017 (GLOBE NEWSWIRE) -- dynaCERT Inc. (TSX VENTURE:DYA) (OTCQB:DYFSF) ("dynaCERT" or the "Company") has finalized 2017 performance testing of its innovative HydraGEN™ Technology on refrigerated trailer (Reefer) diesel engines. The results that were first reported in the September 21, 2017 press release by the Company have been verified and are now available on our web site for review in a report titled “HydraGEN™ Reefer Testing 2017” and a summary report titled “Performance Results on Reefer Diesel Engines”. www.dynaCERT.com
The test protocol measured hourly results at different temperature set points of the Reefer’s refrigeration unit to benchmark the engine’s fuel consumption and emission results under various climatic conditions. This was conducted over many months to verify results.
These tests, conducted by dynaCERT, show the following average 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 5 litres.
dynaCERT’S COO, Robert Maier, states, “After months of rigorous testing our team has succeeded in proving that the advanced HydraGEN™ Unit will perform to standards expected by our clients. We are confidently launching the new HG2 Unit as a state-of-the-art product from dynaCERT that will provide our best fuel savings to date. The use of a HydraGEN™ Unit on diesel-powered vehicles will reduce the carbon footprint of users of our technology.”
About dynaCERT Inc.
dynaCERT Inc. manufactures, distributes, and installs Carbon Emission Reduction Technology for use with internal combustion engines. Our patent-pending technology creates hydrogen and oxygen on-demand through electrolysis and supplies these additives through the air intake to enhance combustion, resulting in lower carbon emissions and greater fuel efficiency. Our technology is currently in use with on-road applications. Website: www.dynaCERT.com.
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: future issuances of shares, approval by the TSX Venture Exchange. 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 or 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, CEO
For more information, please contact:
Jim Payne, CEO & President
#101 – 501 Alliance Avenue
Toronto, Ontario M6N 2J1
(416) 766-9691 x 2
(416) 766-9691 x 1