Dynetek Industries Ltd. Announces CNG System Order for the European Bus Market

    CALGARY, June 18 /CNW/ - Dynetek Industries Ltd. ("Dynetek"), a leader in
developing, producing and marketing lightweight compressed natural gas (CNG)
cylinders and compressed hydrogen cylinders, announced today that its 100%
owned European subsidiary, Dynetek Europe GmbH has received a CNG complete
system order from a major bus manufacturer in Europe. These systems, which are
to be delivered from June 2008 until February 2009, represent revenue of
approximately $ 10 million (CDN). Dynetek will provide a complete system
solution which offers lower overall system weight with increased fuel on board
the vehicle than our competitors.
    "In many countries, the price of natural gas is controlled and not
directly related to the price of oil. In these countries, with the ever
increasing price of oil, there is a strong commercial driver for the use of
Natural Gas, and Natural Gas is quickly becoming the fuel of choice for many
fleet operators," said Dr. Christian Rasche, President and Chief Executive
Officer of Dynetek. "Moreover the emission of carbon monoxide, sulphur
dioxide, soot and particulates is almost completely eliminated when natural
gas is used as a fuel. Of all fossil fuels, natural gas displays the most
favourable carbon dioxide balance when burnt. When compared to a
gasoline-fuelled vehicle, for example, a natural gas vehicle emits 25 per cent
less carbon dioxide, helping to achieve an 80% decrease in smog levels."

    Dynetek Industries Ltd. designs, produces and markets one of the lightest
and most advanced fuel storage and refueling systems for compressed natural
gas, low emission vehicles and compressed hydrogen, zero-emission fuel cell
vehicles. Dynetek is recognized around the world for its solutions-of-choice
to the alternate fuel vehicle sector, evidenced by strategic relationships
with major manufacturers around the globe. Dynetek is listed on the Toronto
Stock Exchange, symbol: DNK.

    Certain information contained herein may constitute forward-looking
statements under applicable securities laws. Such statements are subject to
known or unknown risks and uncertainties that may cause actual results to
differ materially from those anticipated or implied in the forward-looking
statements. Investors are encouraged to review the "Risk Factors" section of
the Management's Discussion and Analysis for the most recently completed
financial year and interim periods for a discussion of risks that could affect
the Company's operations and financial results. Forward-looking statements are
based upon management's assumptions, expectations and estimates at the time
that such statements are made. Dynetek does not update forward-looking
statements should circumstances change or management's assumptions,
expectations or estimates change, except as required by securities laws.

    %SEDAR: 00014127E

For further information:

For further information: Dr. Christian Rasche, President & Chief
Executive Officer, (403) 720-0262 or 1-888-396-3835 (toll free in North
America), www.dynetek.com

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Dynetek Industries Ltd.

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