SOURCE: dynaCERT Inc.

dynaCERT Inc.

May 11, 2016 12:05 ET

dynaCERT Forms Committee Targeting the Utilization of Hydragen™ Technology for "Off the Grid" Energy Solution

TORONTO, ON--(Marketwired - May 11, 2016) - dynaCERT Inc. (TSX VENTURE: DYA) (OTC: DYFSF) ("dynaCERT" or the "Corporation") is pleased to announce a study to provide off-grid solutions to the worldwide housing energy market using solar power, Hydragen™ technology and advanced sustainable storage systems including batteries and hydrogen fuel cells. The initiative is centered on dynaCERT's proprietary Hydragen™ technology which is unique in its ability to generate pure hydrogen and oxygen separately and on-demand.

There is a recent convergence between politics and climate change as witnessed by the Paris COP talks held in December 2015 as well as Canada's Prime Minister Justin Trudeau's commitment that Canada reduce its carbon footprint. It is an opportune time for dynaCERT to capitalize on this commitment to reduce carbon emissions and to access the Canadian and Ontario government grants and loans. As such, dynaCERT is positioning itself to become a world leader in research and development of hydrogen based technology solutions and receive available non-dilutive government funding. Our technology will be eligible for end user carbon credits, which has gained significant momentum over the past few years.

dynaCERT's Hydragen™ technology will be used to produce pure hydrogen gas to recharge the hydrogen fuel cell that will be part of this "cut the cord" solution to provide renewable energy to the housing industry. Solar panels and/or the hydrogen fuel cell will power the building by day using an energy optimization software. At night, the rechargeable batteries would then take over and activate the Hydragen™ unit which will keep the hydrogen fuel cell operating by providing the required hydrogen gas. The solar panels would also maintain the rechargeable batteries at full capacity until they are needed at night and the cycle repeats itself. Further, the pure oxygen which is also produced by the Hydragen™ unit would be used to improve the air quality in the building.

Members of the Renewable Energy Committee will include Dr. Richard Lü, an independent director at dynaCERT, has more than 20 years of global experience in the energy industry. Dr. Lü has been involved in managing public listed companies in the area of silicon production, solar cell manufacturing and solar panel production. He has led many initiatives in energy conservation, demand response, distributed energy and other sustainable developments. Dr. Lü heads a major solar power company developing and operating solar PV projects in Canada and the USA. Working with Dr. Richard Bower, a physicist and solar energy expert, this initiative will focus on the research and development of potential applications of renewable technologies to meet the challenges of climate change.

Mr. Ronald Perry, dynaCERT director and member of the renewable energy committee, stated that, "Due to this recent worldwide convergence of politics and climate change together with available government funding, dynaCERT is in the right place at the right time. This initiative is a timely project as we feel it would be eligible for government funding, which we intend to apply for immediately."

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. More information can be found at 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.

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On Behalf of the Board

Murray James Payne, CEO

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Contact Information

  • For more information, please contact:

    Jim Payne
    CEO & President
    dynaCERT Inc.
    (416) 766-9691x 602
    jpayne@dynaCERT.com

    Ronald Perry
    Director
    dynaCERT Inc.
    1-514-262-8286

    Investor Relations
    dynaCERT Inc.
    ir@dynaCERT.com