FSC / Press Release

DYNAMIC PROVIDES UPDATE RE MICHIGAN TRUCKING ASSOCIATION MEETINGS

Pickering, Ontario CANADA, February 01, 2008 /FSC/ - Dynamic Fuel Systems Inc. (DYA - TSX Venture), ("Dynamic" or the "Corporation") is pleased to provide this interim update with respect to the previously announced presentation of the Jetstar(TM) at the Michigan Trucking Association meeting that was held January 24, 2008. The meeting was hosted at the Grand Rapids location of the W.W. Williams Company from 6:30 p.m. to 10:00 p.m. W.W. Williams, with 22 locations throughout the United States, is one of the premier sales, parts and service providers for Detroit Diesel and Mercedes Benz engines plus Allison Transmissions. W.W. Williams is also one of the founding members of the Wheel Time Network, a service network with over 225 service locations across the U.S. and Canada, 4,000 factory trained technicians, and 1,500 fully equipped service trucks. Dynamic reports that attendance at the event far exceeded the previously estimated registration figures that were announced by press release on January 21, 2008 (being 150 participants representing roughly 25 Michigan-based companies). Final attendance numbers are still being tallied and will be discussed in subsequent announcements.

Tom Fairfull, President and CEO of Dynamic reports that "While we await the final numbers from Hydrogen Fuel Systems Inc., we are extremely pleased with the overall attendance and feedback of the MTA event. News of the very successful implementation at Equity Transport, plus the pilot projects with several Michigan based fleets has continued to expand the profile of our Jetstar(TM) portable hydrogen generator and helps to understand the strong attendance numbers. In addition, the Fox News Network affiliate was on hand to film the event for a report to be aired at a later date. We wish to thank the MTA, its members and executives for providing us with this tremendous opportunity. We are also very grateful for the support that the W.W. Williams team has provided both HFS and Dynamic in our efforts to gain market acceptance for Jetstar(TM). Their skilled employees, impeccable reputation and customer-centric focus have been of invaluable assistance".

Mr. Jim LeBar, President of HFS added "This was a great event for HFS and Dynamic. It is the type of event that we believe can be rolled out to other State Trucking Associations in the future for further expansion of the Jetstar(TM) profile and brand. We are grateful for the tremendous support provided by the MTA, W.W. Williams, our customers, as well as Tom and his team at Dynamic".

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.