dynaCERT Comments on Ontario Drive Clean Program Redesign
TORONTO, Oct. 01, 2018 (GLOBE NEWSWIRE) -- dynaCERT Inc. (TSX VENTURE: DYA) (OTCQB: DYFSF) (FRA: DMJ) (“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 ADVISORYExcept 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.
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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 2J1(416) 766-9691 x 2 jpayne@dynaCERT.com
Investor RelationsdynaCERT Inc.Nancy Massicotte(416) 766-9691 x 1 ir@dynaCERT.com