dynaCERT specializes in delivering Fuel Savings Technologies to a global marketplace
Rochester, NY -- (ReleaseWire) -- 08/11/2020 -- dynaCERT Inc. (OTCQX:DYFSF) is a Canadian based company who has developed the next generation of Fuel Savings Technology for diesel engines in the global market, that provides significant fuel savings to the operator. HydraGEN™, is an electrolysis unit that produces H2 and O2 gases to optimize the diesel fuel burn, resulting in a 6-19% increase in fuel economy and a 50%+ reduction in emissions. HydraGEN™ is a portable, safe and reliable aftermarket unit that produces hydrogen and oxygen on demand and 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, marine vessels and railroad locomotives.
The global carbon footprint management market size is expected to grow from USD 9.0 billion in 2020 to USD 12.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 6.2% during the forecast period. To reduce the carbon emissions and reach new levels of efficiency and accuracy, organizations need real-time visibility of carbon footprint of their business operations. Hence, the demand for carbon footprint solution and services is increasing rapidly. The increasing government regulations and initiatives for reducing carbon emissions are expected to increased the demand fo the carbon footprint solution in the near future. Some of the largest fleets in North America have been piloting HydraGENTM Technology and are experiencing the benefits of reduced emissions, increased performance and fuel savings across all users.
As part of the growing global hydrogen economy, their patented technology creates hydrogen and oxygen on-demand through a unique electrolysis system and supplies these gases through the air intake to enhance combustion, resulting in lower carbon emissions and greater fuel efficiency.
The established R&D team, under the new management of Mr. Gavy Singh, P.Eng., has been developing product improvements which will be made available to all dynaCERT customers in all the upcoming deliveries of the Company's HydraGEN™ Technology Products. The new upgrades feature fewer moving parts, less electrical connections, a simpler design and more user-friendly operation than the existing HG1 Units being deployed at the present time. dynaCERT continues to provide existing customers with the latest upgrades to ensure its continued goodwill with end-users.
Much Improved Assembly Standards:
The Assembly Line has been retrofitted with a new semi-automated assembly system, complete with automated and customized conveyor belt equipment advancing work-in-progress progressively to individually designated workstations which provide improved high standards in state-of-the-art technical specifications. The Assembly Line can maintain a capacity of 100 units per day or 2000 Units per month, assuming one single 8-hour shift per day. Capacity is expected to be capable of tripled production of 6000 Units per month using three shifts per day.
dynaCERT recently granted KarbonKleen Inc., a preferred service provider, the exclusive Dealership rights in the trucking industry in the United States of America until December 31, 2024. The exclusivity granted to KarbonKleen Inc. is subject to certain quotas of a minimum of 150,000 HydraGENTM Technology Units over a little more than three years. KarbonKleen provided dynaCERT with a purchase order of 3,000 HydraGENTM units, for delivery over a period to December 31, 2021.
Jim Payne, CEO of dynaCERT, stated, "Our people and our customers around the globe have been very loyal and patient during this COVID-19 shutdown, but, in the end, dynaCERT has continued to advance forward. We continue to carry out our global strategy and have emerged successful. During this time, dynaCERT raised over $8,000,000 in the capital markets via an underwritten prospectus offering, upgraded our listing to the Toronto Stock Exchange, upgraded our listing to the OTCQX Best Market in the USA, upgraded our R&D and Assembly Plant and improved our technology. dynaCERT has pushed on successfully with our plan to get certified globally with various homologations, including in the UAE, and concluded a new alignment with our North American Dealer, KarbonKleen Inc., where we can now offer our products through our wholly-owned subsidiary, dynaCERT International Strategic Holdings Inc. or DISH, via a monthly subscription programme to enhance user financing and adoption of our HydraGEN™ Technology."
About dynaCERT Inc.
dynaCERT Inc. manufactures and distributes Carbon Emission Reduction Technology 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, resulting in lower carbon emissions and greater 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, marine vessels and railroad locomotives. Website: www.dynaCERT.com
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For more information, please contact:
Jim Payne, CEO & President
#101 – 501 Alliance Avenue
Toronto, Ontario M6N 2J1
+1 (416) 766-9691 x 2
+1 (416) 766-9691 x 1
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