Breaking #Cleantech #Stock News: dynaCERT
(TSX: $DYA.TO) Launches into the #FreightTech Industry; @dynaCERT
TORONTO - September 23, 2020 (Investorideas.com Newswire) dynaCERT Inc. (TSX: DYA) (OTCQX: DYFSF) (FRA: DMJ) ("dynaCERT" or the "Company") is pleased to announce that its HydraLytica™ Technology, which measures fuel savings in real time for users of dynaCERT's proprietary HydraGEN™ Technology, is greatly escalating its scope of applications and utility to respond to the growing industry needs of Logistics companies and the broader Trucking Management software ecosystem. In so doing, dynaCERT is expanding into the FreightTech industry.
Read this news, featuring
dynaCERT in full at https://www.investorideas.com/CO/DYA/news/2020/09231FreightTech-Industry.asp
dynaCERT
International Strategic Holdings Inc. ("DISH"), a wholly-owned
subsidiary of dynaCERT, has agreed with Corsario Ltd. of Mississauga, Canada
("Corsario"), dynaCERT's HydraLytica™ software developer, to magnify
and maintain the functionality of its new proprietary suite of FreightTech
software applications. GP LogiX Inc. ("GP"), a wholly-owned
subsidiary of Corsario established specifically for this single purpose, will
market the functionality of dynaCERT's new FreightTech software and share
equally with DISH all financial benefits, thus providing a stream of cash flow
to dynaCERT, through DISH.
The
added innovative and proprietary FreightTech functionality that dynaCERT is
promoting to both (a) its users of HydraGEN™ Technology and (b) non-users of
HydraGEN™ Technology that participate in the logistics ecosystem or manage
trucking fleets, provides numerous features indispensable for modern fleet
management.
Among
the current prospects of GP currently utilizing the FreightTech technology of
DISH are Day & Ross, Ottaway Motor Carriers, Drisco Carriers (based in the
USA) and Stevens Brothers Trucking (based in the USA). Additionally, members of
GP are proud to have membership with Women in Trucking where GP is working to
make participation in the trucking industry safer and to encourage more diverse
employment in the logistics industry.
The
Company views its decision to enter into the FreightTech industry as a
supplementary evolution of services that fit very naturally with dynaCERT's
fuel-saving and emission-saving know-how, marketed as its existing HydraGEN™
Technology. Not only do current and future users of HydraGEN Technology have
the benefits of fuel savings and reducing carbon emissions, but also the
ability to subscribe to innovative proprietary FreightTech management solutions
through a monthly subscription programme.
Our
PaaS (Platform as a Service) solution enables the aggregation of data to create
actionable intelligence and present it in a form that is widely accessible and
understandable by the user. The delivery of our solution is through a managed
service, where, not only is the raw data available to the user, but the
software monitors industry-based Key Performance Indicators comparing real time
data streams to industry averages and reporting areas of deficiency. Our
FreightTech solution reports the data in an easy to use and easy to understand
mobile application as well as providing recommendations on numerous matters
such as fleet management, route planning, driver safety, and load management.
In
doing so, we create a value proposition by allowing companies to make educated,
data driven decisions through accessible information that incorporates industry
knowledge, security, data searching, and an easy to use User Interface with an
underlying structure of managed services. The PaaS where we deliver the entire
environment required to install, service, train, and execute the model in a
single monthly subscription price which does not require the client to have any
pre-requisites nor ongoing hardware or software capability to sustain the
platform and it allows them to be resilient to staff turnover or instability.
Chris
Grossman, CEO of GP LogiX Inc., stated, "Increasingly, transportation
companies rely upon digitized logistics integration software to optimize
management processes along their entire transport route. Many are recognizing
the need to visualize large amounts of complex data in real time and in a
utilisable format. We have witnessed first-hand how our competencies in data
analytics can be an enormous value to many users of dynaCERT's HydraGEN™
technology, so it makes perfect sense to strengthen our DISH alliance to enable
new GP initiatives announced today. The fast-growing FreightTech market is a
perfect fit with the historical core capabilities that Corsario has
demonstrated over decades of experience. Our clients can benefit immediately by
our commitment to improve FreightTech beyond what traditional competitors may
have been offering. The new close alliance with dynaCERT propels our future
even faster and provides an immediate synergy that helps our clients achieve their
targets around carbon emissions as well as fuel efficiency savings. The ability
to marry innovative FreightTech with dynaCERT's HydraLytica™ software is unique
and can be very rewarding. We can now deliver premium quality FreightTech for
free by offsetting the subscription cost of our GP managed service with fuel
savings from dynaCERT‘s HydraGEN Technology and reduce the financial burden of
entry for customers who previously found these necessary advanced software
platforms much too cost prohibitive."
Jean-Pierre
Colin, President & CEO of DISH, stated, "The mission of DISH, as a
wholly-owned subsidiary of dynaCERT, is to advance dynaCERT's synergistic
initiatives that can demonstrate the potential to greatly benefit dynaCERT
shareholder value. The target market of FreightTech is similar to that of our
HydraGEN Technology in trucking markets. We view our new FreightTech initiative
as an exceptional business opportunity with a very competitive-edge product. In
addition, FreightTech seamlessly complements our current proprietary products,
an opening that can expand in parallel to dynaCERT's HydraGEN™ fuel savings
solutions."
Jim
Payne, President & CEO of dynaCERT, stated, "Through our new DISH
initiative with GP LogiX Inc., dynaCERT is partnering shoulder to shoulder with
known industry experts that have a long history and track record of success in
innovative software development. The management of GP has proven that it has
the ability to secure very important and high-profile clients, while Corsario
has shown that it can be quick and nimble to develop software solutions that
dove-tail with our proprietary HydraGEN™ Technology while advancing our plans
to offer Carbon Credits. Our close association allows us to execute two
important strategic mandates (1) to adapt to the growing desires of end-users
of our HydraGEN™ products and (2) become trail-blazers in the FreightTech
business while maintaining our core competencies and fostering together our
global award-winning HydraGEN™ Technology."
About Corsario Ltd.
Corsario
is a software development company based in Canada and operating
internationally. Corsario is managed by Mr. Brian Semkiw and Mr. Rui Mendes who
were the pioneers in critical data security software which is used in
international payments systems such as Apple Pay, PayPal and many other
point-of-sale terminals worldwide. Similar high stakes data security issues
become vital to user adoption of dynaCERT's HydraGEN™ Technology, along with
its HydraLytica™ and FreightTech software. More information about GP LogiX Inc.
is available here: https://www.gplogix.com/
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
dynaCERT
Inc. (TSX:DYA.TO) (DYFSF) is a featured Renewable Energy / Fuel Cell stock on
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