dynaCERT’s Pilot Programme Leads to Purchase of Additional HydraGEN™ Units for Fleet Vehicles of Alectra Utilities

Rhea-AI Summary

dynaCERT Inc. (OTCQX: DYFSF) has completed a successful pilot program with Alectra Utilities, leading to the purchase of 73 additional HydraGEN™ Technology Units. This brings Alectra's total to 88 units, aimed at reducing carbon emissions and fuel costs. As diesel prices rise, dynaCERT's technology supports sustainability efforts. The company has also received a Smart Sustainable Company Rating Seal, highlighting its alignment with United Nations Sustainable Development Goals, with a high ranking from Triple-A Analytics.

Positive

• Successful pilot program leading to the purchase of 73 additional HydraGEN™ units.
• Total of 88 units purchased by Alectra, indicating strong market demand.
• Technology designed to reduce emissions and fuel costs, appealing to public and private sectors.
• Received Smart Sustainable Company Rating Seal, showcasing commitment to sustainability.

Negative

• None.

TORONTO--(BUSINESS WIRE)-- dynaCERT Inc. (TSX: DYA) (OTCQX: DYFSF) (FRA: DMJ) ("dynaCERT" or the "Company") is pleased to announce that its successful pilot programme with Alectra Utilities Corporation (“Alectra”) has resulted in the purchase of an additional seventy-three (73) dynaCERT flagship HydraGEN^TM Technology Units. Alectra has now purchased a total of eighty-eight (88) HydraGEN™ Technology Units designed to reduce carbon emissions, reduce maintenance and reduce fuel costs on its fleet vehicles. See Press Release dated September 30, 2022.

Jim Payne, President and CEO of dynaCERT, stated, “As global diesel prices soar, dynaCERT is very pleased to serve the private and public sector in Canada and internationally, including utilities, communities and governments as well as private sector users of internal combustion engines. Our products are designed for future Carbon Credits while users achieve sustainability and reduce global Greenhouse Gas Emissions.”

dynaCERT has received the Smart Sustainable Company Rating Seal after a rigorous analysis of Triple-A Analytics GmbH of Austria. This honourable distinction of dynaCERT and its HydraGEN™ Technology as it applies to the United Nations Sustainable Development Goals and United Nations Global Compact Principles, has been evaluated as “high”, the highest global ranking in its category.

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.

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. In particular, information relating to Alectra Incorporated and Alectra Utilities Corporation cannot be independently verified. 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221103006053/en/

On Behalf of the Board

Murray James Payne, CEO

Jim Payne, CEO & President

dynaCERT Inc.

+1 (416) 766-9691 x 2

jpayne@dynaCERT.com

Investor Relations

dynaCERT Inc.

Nancy Massicotte

+1 (416) 766-9691 x 1

nmassicotte@dynaCERT.com

Source: dynaCERT Inc.

FAQ

What recent development occurred with dynaCERT and Alectra Utilities?

dynaCERT completed a successful pilot program with Alectra Utilities, resulting in the purchase of 73 additional HydraGEN™ Technology Units.

How many HydraGEN™ units has Alectra Utilities purchased in total?

Alectra Utilities has purchased a total of 88 HydraGEN™ Technology Units.

What benefits does dynaCERT's technology provide?

The technology is designed to reduce carbon emissions and fuel costs for fleet vehicles.

What recognition has dynaCERT received for its sustainability efforts?

dynaCERT received the Smart Sustainable Company Rating Seal after evaluation by Triple-A Analytics.

What stock symbols represent dynaCERT?

dynaCERT is traded as DYA on the TSX and DYFSF on the OTCQX.