dynaCERT Announces Multiple European Dealership Agreements
June 16 2017 - 7:30AM
dynaCERT Inc. (TSX VENTURE:DYA) (OTCQB:DYFSF) ("dynaCERT" or
the "Company") is pleased to announce that the company has signed
multiple dealership agreements in Europe. These dealers are
located in Germany, Austria, Switzerland, Benelux, Italy, Spain,
United Kingdom, France and Slovenia.
The dealers will stock and resell the HydraGEN™
products in their local markets. Some dealers will provide
installation services in dedicated facilities where their clients
will simply drive up to get an HG1 unit installed on their
truck.
Hoer & Hoer GreenTech, the dealer for
Germany and Switzerland, has already placed its first order. Hoer
& Hoer GreenTech is also supporting dynaCERT in the
homologation process of the HydraGEN™ technology with the German
and European Union authorities to obtain certification for
transport use.
Juergen Hoer, Hoer & Hoer GreenTech’s Sales
Manager, states, “This is a great opportunity for us to be chosen
to market the HydraGEN™ technology in the largest market within the
European Union. We are excited about the technology’s future
capabilities, especially the fact that we are helping our customers
reduce their environmental footprint.”
“We have worked hard to set up a strong dealer
team in central Europe where there are over 25 million diesel
trucks currently in use. These initial dealers will bring the
HydraGEN™ brand within sight of hundreds of trucking companies,”
commented Enrico Schaepfer, VP of Global Sales.
Robert Maier, COO of dynaCERT, states, “Our
additional manufacturing hall will be ready to meet the ramp up for
North American and European demand.”
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. Website:
www.dynaCERT.com.
READER ADVISORYExcept 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.
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.
On Behalf of the
BoardMurray James Payne, CEO
For more information, please contact:
Jim Payne, CEO & President
dynaCERT Inc.
#101 – 501 Alliance Avenue
Toronto, Ontario M6N 2J1
(416) 766-9691 x 2
jpayne@dynaCERT.com
Investor Relations
dynaCERT Inc.
Nancy Massicotte
(416) 766-9691 x 1
ir@dynaCERT.com
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