dynaCERT Announces a Purchase Order for 3,000 HydraGEN™ Units Destined for Guyana
The recipient of these HydraGEN™ Units is Bristol & Bristol Incorporated, an oil and gas logistics company located in
The Company has received full payment for an initial 93 HydraGEN™ HG-2 Units for delivery commencing immediately. A further 140 HydraGEN™ Units are expected to be delivered by July 30th 2023 and 750 units to be delivered by September 30th 2023. Further delivery of the remaining units beyond September 30th 2023 are to be mututally agreed upon by both Bristol & Bristol and dynaCERT.
Marvin Bristol, President & CEO of Bristol & Bristol, stated, “We are very pleased to have been given the opportunity to deploy dynaCERT’s HydraGEN™ Technology in
Jim Payne, President & CEO of dynaCERT, stated, “dynaCERT is very pleased to be featuring our HydraGEN™ Technology to Bristol & Bristol. As new adopters of our technology, Bristol & Bristol are contributing to the world-wide imperatives and their associated local and global efforts to reduce greenhouse gas emissions of diesel engines. Bristol & Bristol have acknowledged that dynaCERT received the Smart Sustainable Company Rating Seal based on the results of rigorous analysis. This honourable distinction of dynaCERT and its HydraGEN™ technology as it applies to the United Nations Sustainable Development Goals and the United Nations Global Compact Principals has been evaluated as "high", the highest global ranking in its category. The extraordinary endorsement of dynaCERT allows its dealers to engage with customers with the assurance that the Company's HydraGEN™ technology has a significant contribution to the Sustainable Development Goals on the United Nations.”
The purchase order discussed herein has been received from an Insider of the Company on behalf of
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.
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. 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. In particular, forward-looking information in this press release includes, but is not limited to the future delivery of HydraGEN™ Technology Units under the purchase order, Bristol & Bristol Incorporated and the nation of Guyana 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.
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On Behalf of the Board
Murray James Payne, CEO
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Jim Payne, CEO & President
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Source: dynaCERT Inc.