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DYNAMIC ANNOUNCES APPOINTMENT OF SECOND U.S. DEALER
Pickering, Ontario CANADA, February 13, 2008 /FSC/ - Dynamic Fuel Systems Inc. (DYA - TSX Venture), ("Dynamic" or the "Corporation") is pleased to introduce Combustion Technologies USA, LLC ("Combustion"), a Utah based company, as its newest Jetstar(tm) Dealer. Combustion has an extensive list of trucking and mining companies as its clientele and will initially focus its efforts in introducing the Jetstar(tm) to that group.
The principals of Combustion have extensive experience in the trucking industry, from engine building and fleet maintenance to oil analysis and the design and implementation of control systems. Brett Winberg heads up Combustion's operations in Salt Lake City, a key U.S. trucking hub at the crossroads of several interstate highways. "We're excited about expanding our product line to include the Jetstar(tm)," said Mr. Winberg. "These days, fleet managers are looking for anything to give them a competitive advantage and we're finding them very open to the concept of hydrogen injection."
Don Poscente, Managing Director of Combustion, also expressed his satisfaction in seeing Combustion moving beyond fuel and oil additives into the emerging field of hydrogen generation for heavy duty trucks. Mr. Poscente commented, "The era of cheap energy is over and we'll probably never see $50 oil again. For years, people have thought proposed environmental solutions are expensive to implement. But recently, we've noticed a real change, as more and more people recognize that pollution control initiatives make good business sense."
"We are delighted to add Don, Brett and their team at Combustion Technologies USA, LLC to Dynamic's dealer network. We're very excited to be expanding our dealer representation to the western United States. This is another important step for our product and our company," added Thomas Fairfull, President and CEO of 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.
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
Pickering, Ontario CANADA, February 13, 2008 /FSC/ - Dynamic Fuel Systems Inc. (DYA - TSX Venture), ("Dynamic" or the "Corporation") is pleased to introduce Combustion Technologies USA, LLC ("Combustion"), a Utah based company, as its newest Jetstar(tm) Dealer. Combustion has an extensive list of trucking and mining companies as its clientele and will initially focus its efforts in introducing the Jetstar(tm) to that group.
The principals of Combustion have extensive experience in the trucking industry, from engine building and fleet maintenance to oil analysis and the design and implementation of control systems. Brett Winberg heads up Combustion's operations in Salt Lake City, a key U.S. trucking hub at the crossroads of several interstate highways. "We're excited about expanding our product line to include the Jetstar(tm)," said Mr. Winberg. "These days, fleet managers are looking for anything to give them a competitive advantage and we're finding them very open to the concept of hydrogen injection."
Don Poscente, Managing Director of Combustion, also expressed his satisfaction in seeing Combustion moving beyond fuel and oil additives into the emerging field of hydrogen generation for heavy duty trucks. Mr. Poscente commented, "The era of cheap energy is over and we'll probably never see $50 oil again. For years, people have thought proposed environmental solutions are expensive to implement. But recently, we've noticed a real change, as more and more people recognize that pollution control initiatives make good business sense."
"We are delighted to add Don, Brett and their team at Combustion Technologies USA, LLC to Dynamic's dealer network. We're very excited to be expanding our dealer representation to the western United States. This is another important step for our product and our company," added Thomas Fairfull, President and CEO of 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.
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
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