dynaCERT Receives Purchase Order to Complement COVID -19 Safety Package for Trucking Industry
20 August 2020 - 7:00PM
dynaCERT Inc. (TSX: DYA) (OTCQX: DYFSF) (FRA: DMJ) ("dynaCERT" or
the "Company") is pleased to announce that it has signed a Dealer
Agreement with Sparta Group’s (TSX.V:SAY) affiliate TruckSuite
Canada Ltd. (“TruckSuite”) and has received a corresponding
purchase order for dynaCERT’s HydraGEN™ Technology products, the
HG1 Units, suitable for long-haul trucks. dynaCERT’s patented
HydraGEN™ Technology provides truckers and trucking fleets with the
ability to significantly reduce fuel consumption, while at the same
time reducing carbon emissions, by delivering Hydrogen and Oxygen
gas, on demand, to the air intake of internal combustion engines.
Sparta has indicated to dynaCERT that its
collaboration with dynaCERT will greatly complement TruckSuite’s
exclusive, symbiotic suite of COVID-19 safety tools for trucking
fleets and truckers that TruckSuite Canada™ has been assembling, as
previously announced by Sparta. As a first commitment to dynaCERT,
TruckSuite has provided the Company with a purchase order for 150
dynaCERT™ HG1 Units.
John O’Bireck, President & CTO of Sparta,
stated, “We’re pleased to secure this agreement with dynaCERT so
this promising HydraGEN™ Technology can be made available to our
growing client base. It’s vitally important for us to continue to
add to our environmental technology arsenal to further help our
customers lower their carbon footprint and find energy
efficiencies. We believe that in order for truckers and the
trucking industry to be successful, health of the vehicle, health
of the driver, health of the planet and health of the carrier’s
bottom line must be addressed. We think the HydraGEN™ is the
perfect addition to the tools we have already assembled.”
Jim Payne, CEO of dynaCERT stated, “The COVID-19
imperative to provide testing and health product to truckers in
North America is fully supported by dynaCERT. As Sparta markets
such high-profile COVID-19 products to trucking fleets, we are
pleased that our patented HydraGEN™ Technology will be featured
side by side for this huge market. Clean safe air, inside and
outside the cab of every truck, is excellent co-branding for both
dynaCERT and Sparta.”
About
TruckSuite™ Canada
TruckSuite™ Canada is a technology-driven
support program that provides fleet Owners/Operators with many of
the necessary tools to be competitive in their market. As one of
the subsidiaries of Sparta Group, TruckSuite™ offers comprehensive
maintenance, including roadside emergency assistance; emergency
repair with competitive pricing for parts and labour; complete
warranty coverage; as well as TripVision®, an integrated vehicle
health and safety management system that presents vital information
in an easy-to-understand format saving both time and money.
TruckSuite™ encourages driver retention between the fleet and
independent owner/operator. A secure portal allows fleet
Owners/Operators to store any truck-related documents in a safe,
easy to access place. For additional information please go
to www.trucksuitecanada.ca.
About dynaCERT Inc.
dynaCERT Inc. manufactures and distributes
Carbon Emission Reduction Technology for use with internal
combustion engines. As part of the growing global hydrogen economy,
our patented technology creates hydrogen and oxygen on-demand
through a unique electrolysis system and supplies these gases
through the air intake to enhance combustion, resulting in lower
carbon emissions and greater fuel efficiency. Our technology is
designed for use with many 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
completion of the Offering, satisfaction of TSX listing conditions
and regulatory approvals. 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 of
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 the Toronto Stock Exchange nor
its Regulation Services Provider (as that term is defined in the
policies of the Toronto Stock Exchange) accepts responsibility for
the adequacy or accuracy of the release.On Behalf
of the Board Murray James Payne,
CEOFor more information, please
contact:
Jim Payne, CEO & PresidentdynaCERT Inc.#101 – 501 Alliance
Avenue Toronto, Ontario M6N 2J1 +1 (416) 766-9691 x
2jpayne@dynaCERT.com
Investor RelationsdynaCERT Inc. Nancy Massicotte +1 (416)
766-9691 x 1nmassicotte@dynaCERT.com
Sparta Capital (TSXV:SAY)
Historical Stock Chart
From Oct 2024 to Nov 2024
Sparta Capital (TSXV:SAY)
Historical Stock Chart
From Nov 2023 to Nov 2024