TORONTO, Jan. 25, 2013 /CNW/ - dynaCERT Inc. (TSX-V: DYA), formerly
Dynamic Fuel Systems Inc., today announced that it has executed a
definitive Sales and Marketing Agency Agreement with East West Fuel
Strategies Inc. (EWFS). Under the agreement, EWFS will represent
dynaCERT and its products, including its flagship HydraGen™ unit, in
Ontario, Canada and Southeast Asia.
"Our partnership with EWFS supports our new sales and marketing strategy
that focuses on opening new channels to market our HydraGen™
technology," said Grove Bennett, President of dynaCERT. "Southeast
Asia, with its rapidly growing industries and fuel demand, will be a
key market for our fuel efficiency and emissions reduction
As part of the agreement, dynaCERT has already received and delivered an
order of 10 HydraGen™ units to EWFS' Indian operations. The units are
expected to be installed in the next 30 days and the Company
anticipates further orders to follow. dynaCERT continues to focus on
securing more strategic partnerships to support the expansion of its
sales channels in North America.
dynaCERT has moved its U.S. customer support and installation operations
to its headquarters in Toronto, Ontario. Going forward, dynaCERT
product installations will be done onsite at customer locations by
dynaCERT and its affiliates. The operational consolidation should
increase dynaCERT's quality control and continuous product improvement
dynaCERT is continuing to develop its corporate communications program
to reflect the Company's new business strategy and expanded product
offering. Management is on track to unveil its new branding and
corporate presentation in the coming weeks.
More information about the Company can currently be found at www.dynamicfuel.com and will soon be available on the Company's new site, www.dynacert.com, set to launch in February, 2013.
About dynaCERT Inc.
dynaCERT Inc. manufactures, distributes, and installs the HydraGen™
transportable hydrogen generator. The HydraGen™ is a patent-pending,
retrofit solution for the heavy tractor-trailer industry. It provides
engine performance enhancement by mixing hydrogen into a vehicle's
intake air, resulting in lower carbon emissions and greater fuel
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.
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.
SOURCE: dynaCERT Inc.
For further information:
(905) 831-2440 ext. 601