Highlights of 2023 include the following: 4th Quarter Achievements in Sales
The Company continued to make progress directly and through some of its dealers and agents throughout the globe which can form the foundation of 2024 sales. In particular, dynaCERT dealers Simply Green in
dynaCERT sales follow several successful initial pilot projects in a variety of applications by several global companies applying HydraGEN Technology which is designed to improve fuel consumption and significantly reduce Greenhouse Gases (GHGs).
During the 4th quarter 2023, the Company received significant repeat purchase orders from our global dealers, for delivery in early 2024 and in particular: 108-HG2 Models and 11-HG1 Models destined for a global mining and metallurgy company with operations in
63-HG1 Models destined for a global mining and metallurgy company with mining operations in
18-HG1 Models for a global food producer with operations in 18 countries, currently destined for
Orders from new customers include the following: 3-HG6C Models recently shipped for open pit gold mining operations in
One HG1 Model destined for
One HG1 Model destined for a large Drill Rig company operating in
One HG4C Model and three HG1 Models destined for a Multinational Oil Services company based in
dynaCERT has been successful in offering its HydraGEN Technology in a diversity of markets because of its distinct line of products which includes the following models: HG1 model designed for 10 to 15 litre diesel engines; HG2 model, designed for 1 to 8 litre diesel engines; HG4C designed for 30 to 60 litre diesel engines, HG6C designed for 60 to 90 litre diesel engines.
dynaCERT
In addition to the above, dynaCERT continued to conduct numerous activities in
In other activities, dynaCERT and our
The
The
Advances in the Verra VCS Carbon Credit Initiatives of the Company
In
Strengthening of the Company's Balance Sheet
In the Fourth Quarter of 2023, the management of the Company, supported by dealers in
Repayment of the
The Company raised funds in
Collaboration with
In early 2023, the Company entered into a strategic collaboration agreement with a private company,
Addition of director
In 2023, Mr.
In 2024 the Company is looking to add additional strength to our board and management as we are entering a growth pattern with repeat sales globally and the launch of dynaCERT's Carbon Credit Program expected in early 2024.
About dynaCERT Inc.
dynaCERT Inc. manufactures and distributes Carbon Emission Reduction Technology along with its proprietary HydraLytica Telematics, a means of monitoring fuel consumption and calculating GHG emissions savings designed for the tracking of possible future Carbon Credits 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, which has shown to lower carbon emissions and improve 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. 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, information relating to third party entities, including dealers, agents and clients, cannot be independently verified. 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.
Contact:
CEO & President
dynaCERT Inc.
Tel: +1 (416) 766-9691 x 2
Email: jpayne@dynaCERT.com
Tel: +1 (416) 766-9691 x 1
Email: nmassicotte@dynaCERT.com
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