SOURCE: Dominovas Energy Corporation

Dominovas Energy Corporation

October 28, 2014 08:30 ET

Dominovas Energy and Delphi Sign MOU

ATLANTA, GA--(Marketwired - Oct 28, 2014) - Dominovas Energy Corporation (OTCQB: DNRG), an energy-solutions company headquartered in Atlanta, GA, is pleased to announce the signing of a Memorandum of Understanding (MOU) with Delphi Automotive Systems LLC -- a subsidiary of Delphi Automotive PLC -- to jointly develop new technology that will facilitate the manufacture, assembly, sale and deployment of electrical power generation equipment using Solid Oxide Fuel Cell technology.

Dominovas Energy is taking the lead on the manufacture and deployment of Solid Oxide Fuel Cells (SOFC) via its proactive initiative to secure a reliable supply chain for its RUBICON™ multi-megawatt SOFC systems. The agreement addresses the requirements necessary to evaluate and determine the viability of adapting and incorporating Delphi's SOFC stack fuel cell technology. Deployment will occur in two phases that include an initial successful field demonstration.

Partnering with Delphi, an industry leader whose manufacturing robustness is proven, time-tested and global will enable Dominovas Energy to reach its goal of providing clean energy solutions. 

Neal Allen, Chairman and CEO of Dominovas Energy, enthusiastically expressed, "It is exciting to contemplate the innovation and groundbreaking opportunities that will certainly ensue and come full circle, as we set the course to finally deploy (on a commercial scale) a technology that minimally can be described as 'disruptive.' The technology will change many lives and afford nations a technologically-advanced methodology for the generation and delivery of electricity. The economic, political and social impact will be significant for and within the countries we are engaging." 

"This opportunity will allow Delphi to develop a stationary power application for our SOFC technology and gain valuable field experience," said Mary Gustanski, vice president engineering, Delphi Automotive. "This work will help support Dominovas Energy in their goal to allow emerging market communities to have clean, reliable and affordable electricity."

About Dominovas Energy Corporation (OTCQB: DNRG

Dominovas Energy Corporation is a Nevada-based corporation; fully reporting and publicly traded; founded in 2005, with its headquarters in Atlanta, GA. The worldwide pursuit of non-fossil fuel technology inspired the founders to create an "energy solutions" company. Recognizing that "green" and "alternative energy" markets offers immense potential for growth, Dominovas Energy is aggressively moving to allocate its intellectual and financial capital forthwith, in order to strategically address alternative green energy solutions that are100% reliable and efficient power. By deploying and implementing the RUBICON™ throughout of the world, it is committed to creating not only shareholder value through financial profits, but also to increasing the value of "human and community capital." Devoted to core values by operating under the utmost honesty and integrity in all its business transactions, Dominovas Energy is dedicated to respecting the rights of all individuals and acknowledging and respecting different cultures to support the growth and development in the communities and countries in which it operates. The Company strongly believes in the impact this singularly advanced technology will make on the world and has set upon a mission to fill this need where economically viable. For more information, visit www.dominovasenergy.com.

About Delphi Automotive

Delphi Automotive is a leading global supplier of technologies for the automotive and commercial vehicle markets. Headquartered in Gillingham, England, Delphi operates major technical centers, manufacturing sites and customer support services in 32 countries, with regional headquarters in Bascharage, Luxembourg; Sao Paulo, Brazil; Shanghai, China; and Troy, Michigan, U.S. Delphi delivers innovation for the real world with technologies that make cars and trucks safer as well as more powerful, efficient and connected. For more information, visit www.delphi.com.

Forward-Looking Statements

This press release, as well as other statements made by Dominovas Energy Corporation (the "Company"), contain forward-looking statements that reflect, when made, the Company's current views with respect to current events and financial performance. Such forward-looking statements are subject to many risks, uncertainties and factors relating to the Company's operations and business environment, which may cause the actual results of the Company to be materially different from any future results. All statements that address future operating, financial or business performance or the Company's strategies or expectations are forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements as is applicable would be discussed under captions as follows: "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Company's filings as would be filed with the Securities and Exchange Commission as required. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect the Company. It should be remembered that the price of the ordinary shares and any income from them can go down as well as up. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events and/or otherwise, except as may be required by law.

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