TORONTO, April 12, 2018 (GLOBE NEWSWIRE) -- dynaCERT Inc. (TSX VENTURE:DYA) (OTCQB:DYFSF) (DAX:DMJ) ("dynaCERT" or the "Company") is pleased and honoured to have received the prestigious Gold Medal of the 2018 Edison Best New Product Award™ for its HydraGEN™ Technology. According to the Edison Awards™, finalists were chosen as the "best of the best" by 3,000 of the world's top senior business executives, academics, and innovation professionals. dynaCERT’s invention is chosen as the top winner for Vehicle Advancements among contenders in the Energy & Sustainability category.
Since 1987, the Edison Awards™ have recognized and honored some of the most innovative new products, services and business leaders in the world. The Edison Best New Product Awards™ is an annual competition honoring excellence in new product and service development, marketing, human-centered design, and innovation. The competition is open to innovative organizations across the globe. The Edison Awards are focused on the innovators as much as the innovations – a unique distinction in the world of award programs. According to the Edison Awards™, Award winners represent "game changing" products and services, as well as excellence and leadership in innovation around four criteria: Concept, Value, Delivery, and Impact. An Edison Award represents significant value to the award winner and to the cause of innovation and highlights the strong marketing value of an unbiased 3rd-party endorsement. The Awards are named after Thomas Alva Edison (1847-1931) whose extraordinary new product and market development methods garnered him 1,093 U.S. patents and made him a household name across the world. The Edison Awards™ symbolize the persistence and excellence personified by Thomas Edison and his Menlo Park team, while also strengthening the human drive for innovation, creativity, and ingenuity.
Jim Payne, CEO of dynaCERT said, “After years of research, development, trials and innovation, our HydraGEN™ Technology is being recognized internationally by prestigious third-parties. I thank the Edison Awards™ for bestowing on dynaCERT such a significant recognition of our accomplishments. On behalf of the Board of Directors of dynaCERT, I also congratulate and thank the hundreds of people involved with us, our employees, our dealers, our suppliers, our end-users and many others around the world who, with resolve, contributed directly and indirectly to making the 2018 Edison Best New Product Award™ a great possibility for dynaCERT.”
Robert Maier, COO of dynaCERT said, “Having our HydraGEN™ Technology recognized by The Edison Awards™, is a true acknowledgement of the hard work and dedication of our dynaCERT team. We look forward to accomplishing more in the near future with the introduction of new HydraGEN™ products into the hydrogen economy market - Driving Change for a Better Future.”
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, marine vessels and railroad locomotives. 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. In particular, forward-looking information in this press release includes, but is not limited to: the completion of additional tranches of the Financing and the potential uses of the proceeds from the Financing. 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.
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.
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On Behalf of the Board
Murray James Payne, CEO
For more information, please contact:
Jim Payne, CEO & President
#101 – 501 Alliance Avenue
Toronto, Ontario M6N 2J1
(416) 766-9691 x 2
(416) 766-9691 x 1