dynaCERT Inc. (TSX: DYA) (OTCQX: DYFSF) (FRA: DMJ) ("dynaCERT"
or the "Company") is pleased to announce that it has agreed with
Martin Technologies LLC Corporation (“Martin Technologies”) to
collaborate on scientific expansions required for introducing
dynaCERT’s patented proprietary Carbon Emission Reduction
Technology (“HydraGEN™ Technology”) to Original Equipment
Manufacturers (“OEM’s”) in North America and globally.
Hydrogen Economy Leaders
Collaborating
dynaCERT’s numerous successful experts in R&D are fully
committed to maintaining a Canadian leadership role in the new
Hydrogen Economy while collaborating significantly in partnerships
with other top-ranked industry leaders, such as Martin
Technologies, to further supplement and broaden the know-how of the
Company’s clean-technology line of products currently available to
the global market.
Deployment of dynaCERT’s Technology to
the OEM Market
dynaCERT and Martin Technologies have signed a ground-breaking
collaboration agreement whereby the scientific and engineering
aspects of dynaCERT’s existing HydraGEN™ Technology will be further
industrialised for deployment to the OEM market. Moreover, such
scientific data and design advancements by Martin Technologies are
intended to form the basis for future decades to advance the
Company’s goal to adapt its HydraGEN™ Technology to numerous market
segments of the transportation and logistics industry,
globally.
Advisory Board
Commitment
dynaCERT is pleased to announce that Mr. Harold Martin, Chairman
and CEO of Martin Technologies, has joined the Company’s Advisory
Board. Mr. Martin brings over 45 years of knowledge, experience and
achievements in the diesel motor and engine industry and has been
personally responsible for numerous inventions and innovations that
have been adopted by many OEM’s throughout his illustrious
career.
Mr. Martin has global business experience ranging in North
America and South America, EU, Asia and Africa. He has been an OEM
Supplier partner providing complete vehicle services in
engineering, manufacturing, assembly, and marketing. He is a former
Automotive Engineer at General Motors who led numerous programmes
and awarded 20 World Patents and 5 Classified Patents. He has
expertise in Concept to Reality with full vehicle programs with
proficiency in Design, Development, Durability, Manufacturing and
Assembly, Vehicle Certification, Homologation, Launch, Warranty and
Dealer Network.
Mr. Martin founded Martin Industries in 1996 where he developed
and sustained solid business partnerships within the Automotive,
Aerospace, Defense and Motorsport industries and where he
commissioned 15 global facilities reaching more than 1 million
square feet in combined space. He led many joint global partnership
agreements including Wiring JV, Smart Wiring JV and Casting JV. He
is recognized by the OEM industry for engineering and manufacturing
expertise, creativity, sense of urgency, and speed to market.
He designed and manufactured and currently supports, globally,
with classified security clearance, the President of United States
vehicle. He was a Carroll Shelby partner in the limited edition X50
Series 1 and Shelby vehicles and has pioneered numerous Limited
Production Specialty Vehicle programs. Additionally, he shares
Motorsports legacy with innovations and successes both on and off
the track. Mr. Martin is highly recognized for his leadership and
development of the Cadillac Norstar engine, which was used by GM in
their vehicles for over 20 years.
Mr. Martin led over 100 million miles of vehicle testing in
"real world" environment and led over 20 million hours of vehicle
and engine laboratory testing where he certified emissions testing
for production and specialty vehicles including vehicle integration
with advanced electronics, control systems and Advanced Driving
Autonomous Systems (ADAS). He commissioned facilities to provide
vehicle port processing services, the design and manufacture of
specialty tools and aftermarket product and equipment.
Mr. Martin has been profiled publicly by CNN, ESPN, NBC, ABC,
FOX, SPEEDVISION, USA Today and Automotive News and was a Speaker
for over 75 Corporations and more than 250 schools (70,000
students). He is a winner of Editor’s Choice Award, and earned the
prestigious award of “MARTIN Day“, held annually on February 27 in
Lawrenceburg, Tennessee. He is inducted into the American Auto
Industry as a Leader by DRIVEN and earned “best engineered vehicle”
awards bestowed by National Hot Rod Association (“NHRA”),
International Hot Rod Association (“IHRA”) and the American Drag
Racing League. He was also chosen as “Racer of the Year” by NHRA
and IHRA and was featured with other significant renowned leaders
in the bestselling book, “I am a Father”. He is the winner of the
Trailblazing Award of the AFMIM and acted as “Harold Martin” in the
movie “Home Run Showdown”.
Mr. Martin holds a Bachelor of Engineering with a minor in
International Finance from Oakland University, and completed System
modeling in Vehicle Dynamics, Aerodynamics, and Global Propulsion
studies, including Internal Combustion Engine (ICE),
electrification modeling and simulation with dynamic forces. He is
a graduate of the Dale Carnegie Executive Management program and
completed the Manufacturing Executive Program of the University of
Michigan. He also has Top Secret Security Clearance with the United
States Government (SCI).
Distinguished Engineering Credentials
Across Many Market Segments
Martin Technologies, based near Detroit, Michigan (USA),
operates a full-service engineering and manufacturing company,
providing global mobility solutions to the automotive, marine,
aerospace and defense, marine and motorsports industries. Martin
Technologies delivers results and expertise in providing
competitive solutions to global transportation and technology
customers, such as dynaCERT’s clients.
Broad Range of Innovative OEM Motor
Design & Certification History
The vast experience of Martin Technologies with all Internal
Combustion Engines and related systems have been capitalized
globally in numerous OEM vehicles. Martin Technologies has over 25
years of researching, designing, engineering, testing, certifying,
and manufacturing of a wide range of Internal Combustion Engines,
including diesel engines. These engines have been utilized in all
forms of mobility including passenger vehicles, trucks,
motorcycles, boats, industrial equipment, standby power, United
States Secret Service vehicles and many others. Martin Technologies
pride themselves in exceling in many engine design categories,
including the total process and system integration of Internal
Combustion Engines.
Leading Innovation and Prized
Patents
Founded in 1996, and with approximately 1,000 workers around the
world, Martin Technologies continues to consolidate related
businesses. Martin Technologies is getting stronger in the
automotive industry, with engineering and manufacturing services,
and are also a strong presence in the aerospace industry, as well
as in the defense sector, working specially with the American army
while providing the Department of Defense and military contractors
testing and certification services, data acquisition, engineering
analysis and more. Martin Technologies has 15 patents worldwide,
some of which have been implemented in an innovative manner in the
automotive industry.
As a world-class example of contributions of Harold Martin,
patents include the design and development of the first combustible
electronic injection engine.
Global Operations
Martin Technologies operates globally, achieving a highly
visible industry footprint in the United States, Mexico, Brazil,
Philippines, Malesia, China, Australia, as well as in different
countries of the European Union, exporting worldwide where their
customers need.
The company has grown with innovative methods and best practices
required to support customers, and continuous growth in Global
Propulsion, Hybrid, Electrification and autonomous/mobility
functionalities.
Harold Martin, CEO of Martin Technologies, stated, “The advanced
technology of dynaCERT presents a colossal opportunity for
improvements of OEM diesel engines. At Martin Technologies, we have
the scientists, the industry expertise, the engineers and the
know-how to propel an innovative aftermarket product, like
dynaCERT’s HydraGEN™ Technology, in front of the eyes of
decision-making executives of OEM’s, globally. I am very keen to
have joined dynaCERT’s senior executives, engineers and other staff
as a member of dynaCERT’s Advisory Board and in furthering, in 2021
and beyond, the Company’s enormous R&D accomplishments. I truly
endorse dynaCERT’s important Global Solution to Reduce
Pollution”.
Jim Payne, CEO of dynaCERT, stated, “Harold Martin brings to
dynaCERT the high profile, the applauded stimulus and his
unwavering dedicated team to prominently supplement our
technological triumphs in innovative designs for the global clean
motor marketplace. It is a great honour of dynaCERT to work side by
side with an accomplished and highly respected international
industry authority such as Harold, and with the leverage of his
veteran line-up of specialists at Martin Technologies. This great
honour is backed by our commitment at dynaCERT to constantly
improve and drive our innovations with the utmost industry doyens
who share our corporate mission and corporate culture. dynaCERT
welcomes Harold Martin. We all look forward to our noteworthy
alliance together in the weeks, months and years to come as we
continue to grow and expand our technology for today and into the
future of the new Hydrogen Economy.”
About Martin
Technologies
Please see: http://haroldmartin.com/
About dynaCERT Inc.
dynaCERT Inc. manufactures and distributes Carbon Emission
Reduction Technology 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, resulting in lower carbon emissions and
greater 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, marine vessels and railroad locomotives.
Website: www.dynaCERT.com.
READER ADVISORY
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. 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.
Neither the Toronto Stock Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
Toronto Stock Exchange) accepts responsibility for the adequacy or
accuracy of the release.
On Behalf of the Board
Murray James Payne, CEO
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210118005085/en/
Jim Payne, CEO & President dynaCERT Inc. #101 – 501 Alliance
Avenue Toronto, Ontario M6N 2J1 +1 (416) 766-9691 x 2
jpayne@dynaCERT.com
Investor Relations dynaCERT Inc. Nancy Massicotte +1 (416)
766-9691 x 1 nmassicotte@dynaCERT.com
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