Dynamic Fuel Systems Inc.

May 14, 2009 09:00 ET

Dynamic Announces Pepsi Packing Jetstar™ "Second Event"

PICKERING, ONTARIO--(Marketwire - May 14, 2009) - Dynamic Fuel Systems Inc. (TSX VENTURE:DYA) ("Dynamic" or the "Corporation") is pleased to announce, Wytheville, VA, May 12, 2009 - The Pepsi Bottling Group, Inc. ("PBG") announced a new investment that will improve the fuel efficiency and reduce emissions of the company's truck fleet in the New River Valley region, adding 21 hydrogen-injected trucks to its local fleet, purchased from Hydrogen Leasing Company, a subsidiary of Dynamic's non-exclusive U.S. dealers, Hydrogen Fuel Systems Inc. ("HFS").

Each of these hydrogen-injected trucks are equipped with Dynamic's flagship product the "Jetstar™," an onboard portable hydrogen generator, injecting small amounts of hydrogen into the air intake as a combustion stimulant. This process dramatically reduces nitrogen oxides and hydrocarbon emissions resulting in more power and improved fuel economy (1). These sales represent the culmination of an continued exhaustive testing and review process conducted over the course of several months by PBG, in consultation with HFS, consisting of extensive trials of Hydrogen Leasing Company's hydrogen-injected trucks for the purposes of validating fuel savings and emission reduction expectations. These trials and testing procedures have culminated with the purchase of 21 additional hydrogen-generated trucks by PBG (each of which is equipped with a Jetstar™ unit).

The hydrogen injected trucks purchased by PBG from Hydrogen Leasing Company for New River Valley is part of a further broadening initiative to increase the size of PBG's fleet of alternative fuel and technologies throughout the United States and Canada. PBG is also currently investing in new vehicles that will serve Los Angeles, CA; Washington, D.C.; Orlando, Florida and Detroit, MI.

"The hydrogen-injected engines that PBG will now be using in Wytheville are among the most environmentally sustainable over-the-road trucks in the world, boasting a second life drive train that uses 100 percent synthetic oils," said Alan Bishop, president of Hydrogen Leasing Company. "These new hydrogen-injected tractors employ many hybrid technologies, including electric powered functions to replace standard engine powered components that waste fuel."

Mr. Keith Klingenberg, CEO of Hydrogen Leasing Company states "This was the best Pepsi Bottling Company debut of the Hydrogen Leasing assembled class 8 tractors yet. Along with VA State Representative, Anne B. Crockett-Stark, Gary Petty, President of the Private Truck Council and Carl Bumgarner, President of the VA Trucking Association, we also had the local newspapers and Channel 7 TV News present."

The purchase of hydrogen-injected trucks by PBG represents one of many initiatives that PBG is undertaking in connection with its commitment to embrace environmentally friendly technologies and business practices. PBG is particularly focused on using natural resources responsibly and producing less waste. In speaking about the Wytheville hydrogen injected truck deliveries: "Promoting environmentally sustainable business practices and improving the communities in which we do business are two of PBG's top priorities," said Bill Reeser, Vice President and General Manager of PBG's Virginia Market Unit. "The expansion of our fleet of alternative fuel vehicles in the new river valley region signals our commitment to playing an active role in helping Virginia achieve its long-term energy and climate objectives. These investments will also generate future cost savings for PBG, making it a winning proposition for everyone involved."

Jerry Solensky, Jr., President and CEO of Dynamic, comments, "We would like to express our continued congratulations to Alan Bishop and HFS on their continued sales of the Jetstar™ to PBG, through their subsidiary Hydrogen Leasing. This continues to provide further validation of our product and the market opportunity that we are presented with. We would also like to congratulate PBG on the continued investments of the Jetstar™ with their "Hydrogen Injected Trucks". PBG has a huge fleet of trucks and we are very excited about the prospects of further developing this relationship and enhancing PBG's environmental Initiatives. We are thrilled that a company of PBG's size, reputation and Environmental focus has chosen our product for the purposes of enhancing their Operations and further ameliorating their environmental sustainability Initiatives. We view these sales as the next step in what we hope and expect will be a long and fruitful business relationship for Dynamic, HFS, PBG and Hydrogen Leasing Company."

About PBG

The Pepsi Bottling Group, Inc. (NYSE:PBG) is the world's largest manufacturer, Seller and distributor of Pepsi-Cola beverages with more than 100 plants and 545 Distribution centers worldwide. With approximately 67,000 employees and annual Sales of nearly $14 billion, Pepsi has operations in the U.S., Canada, Greece, Mexico, Russia, Spain and Turkey. (source: www.pbg.com)

About Dynamic Fuel Systems Inc.

Dynamic Fuel Systems Inc. is a Pickering, Ontario based energy sector company engaged in the manufacture, distribution, installation and marketing of a transportable hydrogen generator retrofit targeted for use in the heavy tractor trailer industry. Its flagship product, the Jetstar™, is a patent-pending aftermarket retrofit solution that provides combustion enhancement by mixing hydrogen and oxygen into a vehicle's intake air to provide the engine with a More complete burn of the fuel in its internal combustion engine. Its business was founded in 2001 and more information about its products can be viewed at its website at www.dynamicfuel.com.

This release includes forward looking statements, which are based on certain assumptions and reflects management's current expectations. These forward looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; 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; changes in laws and regulations, includes codes and standards, intellectual property rights, and tax matters; 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. The Corporation disclaims any intention or obligation to update or revise any forward looking statements, whether as a result of new information, future events or otherwise.

(1) As these hydrogen injected trucks include other fuel savings and emission reduction technologies and measures in addition to the Jetstar™ unit, Dynamic is unable to specifically endorse or adopt any performance related projections made by PBG in respect of these vehicles.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the release.

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