November 24, 2023
TSX: DYA
OTCQX: DYFSF
FRA: DMJ
dynaCERT’s HydraGEN™ Technology to Support the
First “Hybrid Hydrogen Diesel Race Truck” at Dakar Classic Rally
TORONTO, ON--(Business Wire – November 24, 2023) dynaCERT Inc. (TSX: DYA) (OTCQX: DYFSF) (FRA: DMJ) ("dynaCERT" or the "Company") a global leader in carbon emission reduction technology has entered into an agreement with the French team, HoleShot Competition, to support their MAN Dakar Rally race truck at the 2024 Dakar Classic event.
The French team’s #915 MAN Dakar Classic Rally race truck has been fitted with a HydraGEN™ HG1 Unit that is designed to provide hydrogen and additional oxygen to the truck’s engine. dynaCERT’s proprietary HydraGEN™ Technology is designed to reduce emissions of Greenhouse Gases, NOx, CO2, THC and particulate matter when compared to other diesel trucks that will race at the Dakar Classic Rally.
The Dakar Classic Rally is a very demanding off-road race that reveals the competitors' capacity for resistance in long distance stages in the desert. The 2024 edition of the Dakar Classic Rally will take place in Saudi Arabia, where the race will cover an equivalent distance of 5,000 kilometers and 14 days of racing, including only one day of rest at mid-distance.
The Dakar Classic Rally will be a way to demonstrate the performance of dynaCERT’s on demand hydrogen production units in an environment facing hot weather, hard impacts and vibrations and in a demanding operational mode.
Alexandre Lemeray, Holeshot Competition Team manager, who has participated 10 times at the Dakar Classic Rally, stated, “We are proud to partner with an international company such as dynaCERT that is focused on reducing carbon emissions. For us, the purpose of being supported by dynaCERT is to show that motorsport can be less polluting, which is the starting point of our discussion with the company asking them to join us in our Dakar Classic Rally journey. HydraGEN™ is already used by road transport trucks, so I'm delighted to be able to show that it's possible to “hybridize diesel engines with hydrogen energy” with this technology in truck racing, all the more so in an event like the Dakar Classic Rally which takes place in the middle of nature. ASO, the organizer of the Dakar Classic Rally, has been making major efforts for years to reduce the carbon footprint of its events. We're delighted to be able to make our own contribution to their efforts.”
Stéphane Gervais, Vice President Marketing of IPMD SAS, the distributor of dynaCERT in France, stated, “Contributing to improve the sustainability of racing trucks is a new challenge for dynaCERT. We are very happy to be teaming up with the Holeshot Competition Team for the 2024 Dakar Classic Rally as they have a strong experience in this kind of competition. Partnering together at the hardest and iconic endurance off road race as our first steps into motorsport is a challenge we are looking forward to experience on both technical and human sides.”
Enrico Schläpfer, Vice President International Sales of dynaCERT stated, “The close collaboration with the HoleShot Competition Team and our French distributor, IPMD SAS, based in Chambly, France, makes it possible to present our HydraGEN™ Technology to a broad audience during the Dakar Classic Rally and to promote decarbonization in motorsport and the transport industry. The hybridization of diesel engines with HydraGEN™ Technology is designed to enable users to reduce emissions on a broad scale today and make the industry as a whole cleaner and greener.”
About dynaCERT Inc.
dynaCERT Inc. manufactures and distributes Carbon Emission Reduction Technology along with its proprietary HydraLytica™ Telematics, a means of monitoring fuel consumption and calculating GHG emissions savings designed for the tracking of possible future Carbon Credits 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, which has shown to lower carbon emissions and improve 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. Website: www.dynaCERT.com.
READER ADVISORY
This press release of dynaCERT Inc. contains statements that constitute "forward-looking statements". Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause dynaCERT’s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. In particular, information relating to IPMD SAS, Dakar Classic Rally, and HoleShot Competition or HoleShot Competition Team cannot be independently verified. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Actual results may vary from the forward-looking information in this news release due to certain material risk factors. This news release is not intended for distribution to U.S. news services or for dissemination in the United States.
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. 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 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.
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On Behalf of the Board
Murray James Payne, CEO
For more information, please contact:
Jim Payne, CEO & President
dynaCERT Inc.
#101 – 501 Alliance Avenue
Toronto, Ontario M6N 2J1
+1 (416) 766-9691 x 2
jpayne@dynaCERT.com
Investor Relations
dynaCERT Inc.
Nancy Massicotte
+1 (416) 766-9691 x 1
nmassicotte@dynaCERT.com