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Message: U.S. DEALER TO PRESENT JETSTAR(tm) AT MICHIGAN TRUCKING ASSOCIATION MEETINGS, UP
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U.S. DEALER TO PRESENT JETSTAR(tm) AT MICHIGAN TRUCKING ASSOCIATION MEETINGS, UPDATES SALES DISCUSSIONS WITH U.S. TRUCKING COMPANIES
Pickering, Ontario CANADA, January 21, 2008 /FSC/ - Dynamic Fuel Systems Inc. (DYA - TSX Venture), ("Dynamic" or the "Corporation") is pleased to report that its US dealer, Hydrogen Fuel Systems Inc. ("HFS") has been invited to present the Jetstar(tm) at an upcoming meeting sponsored by the Michigan Trucking Association, to be held on January 24, 2008. Mr. Jim LeBar, President and CEO of HFS, stated "We are extremely proud and excited to have this opportunity to present to a wide forum of trucking companies. Our recent success is responsible for tremendous interest that has been generated in the Jetstar(tm) throughout Michigan and beyond". Based on pre-registration numbers, it is estimated that in excess of 150 participants representing roughly 25 Michigan-based companies will attend this meeting.
"Participants will get a complete understanding of the Jetstar(tm) technology, its capabilities and the services we can provide customers through our partner network," stated Mr. LeBar. He continued, "This will be an interactive event, where truckers will be able to participate in and compare Dyno test results, view the long term positive effects on Jetstar(tm) enabled engine internals, ask any other questions that they have in a one-on-one forum and interact with other current Jetstar(tm) users to share their experiences."
HFS has also reported to the Corporation that it continues to expose the Jetstar(tm) to numerous trucking companies in the United States through face-to-face appointments and demonstrations. Mr. LeBar has advised that HFS presently has a total of 8 Michigan-based companies conducting tests of the Jetstar(tm) on their fleets and that combined, these companies represent in excess of 8,000 vehicles.
"We are very excited and pleased with the ongoing progress that Jim and his team at HFS continue to make," stated Mr. Thomas Fairfull, President and CEO of Dynamic. "The meeting of the Michigan Trucking Association is just the kind of event that we were hoping for to kick start what we hope to be a very busy and prosperous 2008. We will attend this meeting with HFS in order to lend our full support to their efforts as we continue to build product, customer and market credibility."
About Dynamic Fuel Systems Inc.
Dynamic Fuel Systems Inc. is a Pickering, Ontario based energy sector company engaged in the manufacture, distribution, installation and marketing of a transportable hydrogen generator retrofit targeted for use in the heavy tractor trailer industry. Its flagship product, the Jetstar(tm), is a patent-pending aftermarket retrofit solution that provides combustion enhancement by mixing hydrogen and oxygen into a vehicle's intake air to provide the engine with a more complete burn of the fuel in its internal combustion engine. Its business was founded in 2001 and more information about its products can be viewed at its website at www.dynamicfuel.com
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.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
For further information, please contact:
Thomas Fairfull
President and CEO
Dynamic Fuel Systems Inc.
890 Brock Road South
Pickering, ON L1W 1Z9
905-831-2440
thomas@dynamicfuel.com
www.dynamicfuel.com
Source: Dynamic Fuel Systems Inc. (TSX-V: DYA) http://www.dynamicfuel.com
Maximum News Dissemination by Filing Services Canada Inc.
Ph: (403) 717-3898 Fx: (403) 717-3896 www.usetdas.com
Pickering, Ontario CANADA, January 21, 2008 /FSC/ - Dynamic Fuel Systems Inc. (DYA - TSX Venture), ("Dynamic" or the "Corporation") is pleased to report that its US dealer, Hydrogen Fuel Systems Inc. ("HFS") has been invited to present the Jetstar(tm) at an upcoming meeting sponsored by the Michigan Trucking Association, to be held on January 24, 2008. Mr. Jim LeBar, President and CEO of HFS, stated "We are extremely proud and excited to have this opportunity to present to a wide forum of trucking companies. Our recent success is responsible for tremendous interest that has been generated in the Jetstar(tm) throughout Michigan and beyond". Based on pre-registration numbers, it is estimated that in excess of 150 participants representing roughly 25 Michigan-based companies will attend this meeting.
"Participants will get a complete understanding of the Jetstar(tm) technology, its capabilities and the services we can provide customers through our partner network," stated Mr. LeBar. He continued, "This will be an interactive event, where truckers will be able to participate in and compare Dyno test results, view the long term positive effects on Jetstar(tm) enabled engine internals, ask any other questions that they have in a one-on-one forum and interact with other current Jetstar(tm) users to share their experiences."
HFS has also reported to the Corporation that it continues to expose the Jetstar(tm) to numerous trucking companies in the United States through face-to-face appointments and demonstrations. Mr. LeBar has advised that HFS presently has a total of 8 Michigan-based companies conducting tests of the Jetstar(tm) on their fleets and that combined, these companies represent in excess of 8,000 vehicles.
"We are very excited and pleased with the ongoing progress that Jim and his team at HFS continue to make," stated Mr. Thomas Fairfull, President and CEO of Dynamic. "The meeting of the Michigan Trucking Association is just the kind of event that we were hoping for to kick start what we hope to be a very busy and prosperous 2008. We will attend this meeting with HFS in order to lend our full support to their efforts as we continue to build product, customer and market credibility."
About Dynamic Fuel Systems Inc.
Dynamic Fuel Systems Inc. is a Pickering, Ontario based energy sector company engaged in the manufacture, distribution, installation and marketing of a transportable hydrogen generator retrofit targeted for use in the heavy tractor trailer industry. Its flagship product, the Jetstar(tm), is a patent-pending aftermarket retrofit solution that provides combustion enhancement by mixing hydrogen and oxygen into a vehicle's intake air to provide the engine with a more complete burn of the fuel in its internal combustion engine. Its business was founded in 2001 and more information about its products can be viewed at its website at www.dynamicfuel.com
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.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
For further information, please contact:
Thomas Fairfull
President and CEO
Dynamic Fuel Systems Inc.
890 Brock Road South
Pickering, ON L1W 1Z9
905-831-2440
thomas@dynamicfuel.com
www.dynamicfuel.com
Source: Dynamic Fuel Systems Inc. (TSX-V: DYA) http://www.dynamicfuel.com
Maximum News Dissemination by Filing Services Canada Inc.
Ph: (403) 717-3898 Fx: (403) 717-3896 www.usetdas.com
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