Dynamic Announces Memorandum of Understanding Re Diesel Powered Generator Pilot
Project


Pickering, Ontario CANADA, March 19, 2008 /FSC/ - Dynamic Fuel Systems Inc. (DYA
- TSX Venture), is pleased to announce the signing of a Memorandum of
Understanding (the "MOU") with First Majestic Silver Corp. (FM - TSX) ("First
Majestic") with respect to a joint venture to ascertain whether a modified
version of the technology incorporated into the Jetstar(tm) would be useful in
the business of First Majestic in connection with certain diesel fuelled power
generators employed by First Majestic in its mining operations in Mexico.


First Majestic is an integrated mining concern with three operating silver mines
and several exploration projects throughout Mexico. First Majestic anticipates
production in excess of 5 million ounces of silver during 2008. First
Majestic's shares are listed on the Toronto Stock Exchange and its most recently
filed financial statements record total assets of more than $180 million.


The MOU sets out the basic terms for the implementation of a pilot project
("Pilot Project"), whereby Dynamic will provide two (2) Jetstar(tm) units,
together with required parts, equipment, materials, installation and support
personnel, while First Majestic will assume all operational costs and record all
technical information regarding the performance of the units. Provided that
certain performance thresholds are realized during the Pilot Project, First
Majestic will then purchase the units employed during the Pilot Project. These
two (2) Jetstar(tm) units will be installed on one of First Majestic's diesel
power generators at its La Encantada Silver Mine. The Pilot Project will also
be an opportunity for Dynamic and First Majestic to examine and assess
underground pieces of equipment that might be candidates for similar retrofits
and expansion of the Jetstar(tm) system's applications.


"This MOU is an important step in the process of formulating the specifics of
the Pilot Project and potentially expanding the application of the Jetstar(tm)
system into new markets and opportunities" stated Mr. Thomas Fairfull, President
and CEO of Dynamic. "We have a clear understanding of the basic business terms
and objectives for the Pilot Project and we will now turn this over to our
respective technical and legal teams with a view towards giving effect to the
Pilot Project no later than March 28th."


"The potential for reduction of emissions in conjunction with performance
improvements and cost reductions by using less fuel is very appealing for us and
is the reason we are taking this important first step" stated Keith Neumeyer,
President of First Majestic.


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