OSHAWA, Ontario, Feb. 16, 2012 (GLOBE NEWSWIRE) -- Dynamic Fuel Systems Inc. (TSX-V:DYA) ("Dynamic" or the "Corporation"), confirms a positive emission test completed by California Environmental Engineering LLC (CEE), an independent emission testing facility located in Santa Ana, California as listed on the Recognized Laboratories List by the Environmental Protection Agency (EPA) and California Air & Resource Board (CARB).
CEE confirmed that the company's HydraGen™ hydrogen injection product when used with the Detroit Diesel Series 60 engine met both the US and Euro standards required by CARB for the engine family. The final letter has been sent to CARB and CARB has 30 days to respond to the test results.
The confirmation and third party validation is an important milestone for the company and the HydraGen™ product. The Detroit Diesel Series 60 engine was the most popular engine in North America selling over 1 million units before the new EGR engines arrived. "This test proves that our HydraGen™ product meets CARB's standards and provides current and future customers the ability to use their vehicles in California when CARB confirms the results. This engine is the most popular for our "Glider" customers, but is also very popular in non-glider configurations opening up new customers for our HydraGen™ product," stated Mr. Grove Bennett, President of Dynamic.
About Dynamic Fuel Systems Inc.
Dynamic Fuel Systems Inc. is an Oshawa, Ontario, Canada based energy Sector Company engaged in the sales and marketing, manufacture, distribution, installation and support of a transportable hydrogen generator aftermarket product targeted for use in the transportation industry. Its flagship product, the HydraGen™, is a patent-pending aftermarket retrofit solution that generates hydrogen and mixes hydrogen into a vehicle's intake manifold. The scientific and product development of the HydraGen™ is consistent with the Corporation's on-going commitment and dedication to improve the Corporation's current and future product offerings. Its business was founded in 2001.
This release includes forward looking statements, which are based on certain assumptions and reflects management's current expectations. These forward looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; 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; changes in laws and regulations, includes codes and standards, intellectual property rights, and tax matters; 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. The Corporation disclaims any intention or obligation to update or revise any forward looking statements, whether as a result of new information, future events or otherwise.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the release.