dynaCERT Comments on Ontario Drive Clean Program Redesign

dynaCERT Inc. (TSXV:DYA; OTC:DYFSF) (“dynaCERT” or the “Company”) is pleased to provide comments to the newly announced Ontario’s Drive Clean Program Redesign.

Ontario Ministry of the Environment, Conservation and Parks

The Ministry of the Environment, Conservation and Parks (“MECP”) has announced changes to regulations that include the cancellation of the Drive Clean Program, in exchange for a new heavy-duty vehicle program, that is focused on diesel emission reduction.

As communicated by the MECP on September 28, 2018, “Emissions from heavy duty vehicles have not decreased as rapidly (as light duty vehicles), in part due to less stringent vehicle emission standards, and a slower replacement rate of older, higher emission vehicles. Heavy duty vehicles remain a significant source of nitrogen oxides (NOx), a smog forming pollutant, and fine particulate matter, a carcinogen that causes heart and lung disease.” Please see this link:  https://news.ontario.ca/ene/en/2018/09/drive-clean-program-redesign.html

The Government of Ontario says the proposed changes to the Drive Clean Program will shift the focus to heavy-duty vehicles with full cost recovery for government. The definition of “heavy-duty vehicles” was not presented but could include all diesel-powered equipment both on-road and off-road.  This change will lead to better environmental outcomes at a lower overall cost, meaning better value for taxpayer dollars.  The report also states that the new programme is “…providing incentives to industry who consistently demonstrate cleaner fleets”.  Please see this link to the full MECP proposal: https://ero.ontario.ca/notice/013-3867

dynaCERT will fully participate in the planned public consultations to ensure that our HydraGEN™ Technology will be front and center in the MECP program.  One of five purposes stated by the MECP as reasons for the policy “…to reduce human exposure to dangerous diesel emissions, including particulate matter, nitrogen oxides (NOx), hydrocarbons (THC) and other pollutants; and reduce emissions of black carbon, a short lived climate change agent.”  As reported in the dynaCERT Press Release dated September 24, 2018, HydraGEN™ provides consistent and effective performance to reduce NOx (up to 88%), CO (up to 50.1%) and THC (up to 74%) for on-road and off-road vehicles.  The HydraGEN™ technology is the only system available today with verified testing results performed by independent and accredited third-party facilities in Canada and worldwide.

dynaCERT’s on-Demand electrolysis technology is safe and simple to use with no on-board storage of hydrogen and it operates without pressure.  The HG1-45 unit has a return on investment (i.e.: payback period) to end users of approximately 12 months depending on vehicle use with benefits that include reductions in consumption of: a) fuel, b) Diesel Emission Fluid (DEF) and c) Diesel Particulate Filters (DPF). There are also added benefits of improved engine performance with an increase in torque and less breakdown of engine oil resulting in less wear of engine components.

dynaCERT’s SMART Electronic Control unit (ECU) has built-in Bluetooth connectivity to wirelessly communicate with the engine’s On Board Diagnostic (OBD) computer. The SMART ECU can provide live-data emission reduction performance reporting that is leading the industry in connectivity. Additionally every vehicle operator, fleet manager and end user can follow the vehicle’s location via GPS, it’s fuel consumption in various time slots (live, hourly averages and daily averages) and emissions with reporting direct from the OBD computer that ensures consistent and accurate data.  As parameters change in the engine or the vehicle, the ECU can also be able to report when a vehicle falls below acceptable performance criteria alerting fleet managers to the event and allowing sufficient time to plan an engine service call wherever the vehicle may be.

There are an estimated 250,000 diesel powered vehicles in Ontario alone, each of which can use dynaCERT’s HydraGEN™ technology.  It is not clear in the report whether the MECP will mandate that all out-of-province vehicles travelling on Ontario roads will be regulated as well. Robert Maier, COO & Chief Engineer states: “Our HydraGEN™ Technology is a verified solution that is in use today and which can become one of the key systems within the MECP program to reduce diesel engine pollution in Ontario and across North America.”

About dynaCERT Inc.
dynaCERT Inc. manufactures, distributes, and installs Carbon Emission Reduction Technology for use with internal combustion engines.  As part of the growing global hydrogen economy, our patent-pending technology creates hydrogen and oxygen on-demand through electrolysis and supplies these through the air intake to enhance combustion, resulting in lower carbon emissions and greater fuel efficiency.  Our technology is designed for use with all types and sizes of diesel engines used in on-road vehicles, reefer trailers, off-road construction, power generation, mining and forestry equipment, marine vessels and railroad locomotives.   Website:  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 the potential expansion into new markets, industries and segments, such as diesel-powered use of any of the dynaCERT products and sales.  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 Board

Murray 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

Click here to connect with dynaCERT Inc. (TSXV:DYA; OTC:DYFSF) for an Investor Presentation. 

Source: globenewswire.com