Breaking #Cleantech #Stock
News: dynaCERT (TSX: $DYA.TO) to Equip the City of Woodstock with Carbon
Emission Reduction Technology; @dynaCERT
TORONTO
- September 8, 2020 (Investorideas.com Newswire) dynaCERT Inc. (TSX
VENTURE: DYA)
(OTCQX:
DYFSF)
(FRA:
DMJ)
("dynaCERT" or the "Company") is pleased to announce that
it has agreed to equip diesel powered vehicles of the City of Woodstock,
Ontario ("Woodstock") with the Company's HydraGEN™ Technology to
reduce Carbon Emissions and reduce fuel costs.
Read this news,
featuring DYA in full at https://www.investorideas.com/CO/DYA/news/2020/09081City-of-Woodstock.asp
Installations
of this innovative technology will commence in September 2020 on an initial
selection of Woodstock's fleet to determine emission reductions and fuel
savings specific to their current utilization. A conventional public transit
bus and a recycling packer truck will have HydraGEN™ Technology installed. The
duty cycles for these vehicles range from 8 hours to 16 hours per day and can
be compared to other vehicles in the Woodstock fleet of a similar age and duty
cycle.
Woodstock
is the first City in Canada to take the initiative to outfit its vehicles with
dynaCERT's proprietary technology. Woodstock recognizes the immediate
imperative of utilizing commercially available technologies to reduce its
Carbon Footprint and welcomes the Company's patented HydraGEN™ Technology which
was granted the Smart Sustainable Company Rating in furtherance of the United 4
Smart Sustainable Cities Programme (U4SSC) of the United Nations.
"Woodstock
has always been at the forefront of energy conservation and we welcome the
opportunity to make use of such cutting-edge technology," says Woodstock
Mayor Trevor Birtch. "Being able to do side by side comparisons will give
us a true picture of how effectively this innovative product works for our
purposes and we will be able to look at not only expanding the uses in
Woodstock but ensure that other governments are aware of this technology."
Mayor Birtch also indicated that he is proud to be a leader in making Woodstock
more energy efficient while at the same time buying Canadian, which is part of
the purchasing push that everyone should consider while Canadians come out of
the pandemic.
Jim
Payne, President & CEO of dynaCERT, stated, "The City of Woodstock has
established itself as the number one international leader among urban
communities adopting dynaCERT's readily available HydraGEN™ Technology. It is
important to the entire world that Carbon Emission Reduction Technologies are
implemented by larger and smaller cities alike, where, most often, the quality
of the air we breathe is a priority of progressive governments. dynaCERT is
very proud to support the City of Woodstock and its trailblazers in the global
battle against metropolitan air pollution."
About the City of Woodstock
The
City of Woodstock is a dynamic and growing community of 44,000 located in the
heart of southwestern Ontario at the crossroads of highways 401 and 403. A
growing community, Woodstock has kept its small-town flavor while offering the
types of amenities typically found only in larger cities. Woodstock has roots
in both agriculture and manufacturing; as the recognized Dairy Capital of
Canada and as home to Toyota's second Canadian manufacturing facility. With a
skilled workforce, affordable housing and a new community hospital, Woodstock
truly is a growing city with a lot of rural, small town charm.
The
City of Woodstock completed a Community Energy Plan in July of 2016 that
establishes a number of goals to reduce energy use and greenhouse gas
emissions. Technology such as this allows communities to move towards a more
sustainable and clean energy future.
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.
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 completion of the Offering, satisfaction of TSX listing conditions and
regulatory approvals. 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.
Neither
the Toronto Stock Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the Toronto Stock 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
+1 (416) 766-9691 x 2
jpayne@dynaCERT.com
Investor
Relations
dynaCERT Inc.
Nancy Massicotte
+1 (416) 766-9691 x 1
nmassicotte@dynaCERT.com
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