dynaCERT Receives Commitment from Government in Austria
TORONTO, Dec. 20, 2018 (GLOBE NEWSWIRE) -- dynaCERT Inc. (TSX VENTURE: DYA) (OTCQB: DYFSF) (FRA: DMJ) (“dynaCERT” or the “Company”) is pleased to announce a new initiative in the province of Carinthia, Austria.
dynaCERT has Success in Europe
dynaCERT management were in Germany and Austria in mid-December 2018 in meetings with government officials and business leaders to discuss the benefits of our HydraGENTM Technology to assist them in the “War against NOx”.
Management has learned first-hand that the European Union has set itself ambitious climate protection goals. By 2050, greenhouse gas emissions are to be reduced by 80 to 95 percent compared to 1990 levels. The statutory targets also include a binding reduction in emissions of 20 percent by 2020 and 40 percent by 2030.
To reach these ambitious goals in Austria, the province of Carinthia is partnering with dynaCERT in a large-scale pilot project. The province of Carinthia will order and install 4 HydraGENTM HG145B units on four diesel-powered heavy-duty road vehicles used in Carinthia for delivery in January 2019. The pilot project is to operate for three months and each vehicle will have a continuous portable emissions measuring systems (PEMS) device to record constant changes to the engine emissions while the HydraGENTM Technology is in use. Once the pilot demonstrates successful emission reductions, the province of Carinthia will equip all state-owned diesel-powered vehicles with HydraGENTM Technology which will contribute to the province’s policies on carbon emissions toward achievement of the Austria’s EU climate targets.
In the mid-December meetings, a letter of intent was entered into in Klagenfurt (Carinthia) between the member of provincial government, Martin Gruber (People’s Party), and dynaCERT. Mr. Gruber is a member of the same political party as Federal Chancellor Sebastian Kurz and the Austrian Environment Minister Elisabeth Köstinger, the former EU Commissioner for Agriculture and Deputy EU Spokesman for the Committee on the Environment.
As written in the letter of intent, Carinthia will assume the role of pioneer in Austria and subsequently in the European Union to ensure that all diesel-powered government heavy vehicles will be equipped with our HydraGENTM Technology. The People’s Party in Austria and its sister parties in Europe want to make their contribution to achieving the EU’s climate change goals.
In a statement from LAbg. Mag. Markus Malle, chairman Österreich Volkspartei (People’s Party) Kärnten & Speaker of the OeVP parliamentary party in the Carinthian Parliament. “We regard HydraGENTM as an interesting project for the region of Carinthia, because it may grant advantages economically as well as ecologically,” says Mag. Markus Malle, chairman of the Österreich Volkspartei (People’s Party) in the regional parliament. “We will now take the next necessary steps in the preparation of a pilot project in Carinthia and arrange so it will be possible to realize it.”
Mr. Jim Payne, dynaCERT President and CEO, states, “We very much appreciate the efforts made by the Government of Carinthia to take this strong step in the “War against NOx”. dynaCERT’s HydraGENTM Technology has been tested and proven to provide significant reductions not only in the greenhouse gas (GHG) emissions from diesel engines but will at the same time show financial benefits to the governments with reduced down time, extended engine life, fuel, diesel particulate filter (DPF) and diesel exhaust fluid (DEF) savings.”
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
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On behalf of the Board
Murray James Payne, CEOFor more information, please contact:
Jim Payne, CEO & PresidentdynaCERT Inc.#101 – 501 Alliance AvenueToronto, Ontario M6N 2J1416-766-9691 x 2 jpayne@dynaCERT.com
Investor RelationsdynaCERT Inc.Nancy Massicotte416-766-9691 x 11-866-503-3377 TF ir@dynaCERT.com