dynaCERT
Announces Multiple European Dealership Agreements
TORONTO,
June 16, 2017 (GLOBE NEWSWIRE) -- dynaCERT
Inc. (TSX VENTURE:DYA) (OTCQB:DYFSF) ("dynaCERT"
or the "Company") is pleased to announce that the company has signed
multiple dealership agreements in Europe. These dealers are located in Germany,
Austria, Switzerland, Benelux, Italy, Spain, United Kingdom, France and
Slovenia.
The
dealers will stock and resell the HydraGEN™
products in their local markets. Some dealers will provide installation
services in dedicated facilities where their clients will simply drive up to
get an HG1 unit installed on their truck.
Hoer
& Hoer GreenTech, the dealer for Germany and Switzerland, has already
placed its first order. Hoer & Hoer GreenTech is also supporting dynaCERT in the homologation process of
the HydraGEN™ technology with the
German and European Union authorities to obtain certification for transport
use.
Juergen
Hoer, Hoer & Hoer GreenTech’s Sales Manager, states, “This is a great
opportunity for us to be chosen to market the HydraGEN™ technology in the largest market within the European Union. We
are excited about the technology’s future capabilities, especially the fact
that we are helping our customers reduce their environmental footprint.”
“We
have worked hard to set up a strong dealer team in central Europe where there
are over 25 million diesel trucks currently in use. These initial dealers will
bring the HydraGEN™ brand within
sight of hundreds of trucking companies,” commented Enrico Schaepfer, VP of
Global Sales.
Robert
Maier, COO of dynaCERT, states, “Our
additional manufacturing hall will be ready to meet the ramp up for North
American and European demand.”
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.
READER ADVISORY
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 periodic updates of results,
testing programs and results, negotiations with third parties concerning
potential business transactions, and the timing of certain going forward
projects. 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
dynaCERT Inc.
#101 – 501
Alliance Avenue
Toronto,
Ontario M6N 2J1
(416) 766-9691
x 2 [email protected]
Investor
Relations
dynaCERT Inc.
Nancy
Massicotte
(416) 766-9691 x 1
[email protected]