Dynamic Announces Successful Completion of ISO 9001: 2000 Audit Review
posted on
Sep 04, 2008 06:45AM
Fuel Efficient and Clean Emissions
Dynamic Announces Successful Completion of ISO 9001: 2000 Audit Review
Pickering, Ontario CANADA, September 04, 2008 /FSC/ - Dynamic Fuel Systems Inc. (DYA - TSX Venture), ("Dynamic" or the "Corporation") is pleased to announce that an audit has been completed by Bureau Veritas Certification North America, Inc. in respect of the Corporation's continuing compliance with internationally recognized ISO 9001: 2000 certification, which is a series of standards that represent an international consensus on what good management practices will result in a consistent quality product. As further described on the website of the International Organization for Standardization, ISO 9001:2000 specifies requirements for a quality management system where an organization: 1. needs to demonstrate its ability to consistently provide product that meets customer and applicable regulatory requirements; and 2. aims to enhance customer satisfaction through the effective application of the system, including processes for continual improvement of the system and the assurance of conformity to customer and applicable regulatory requirements.
Following completion of this audit, the Corporation has been advised that the auditors identified no non-conformance by the Corporation of the ISO 9001:2000 standards and the Corporation has been recommended for continued certification under ISO 9001: 2000.
Mr. Thomas Fairfull, President and CEO of Dynamic stated, "The recently completed audit review process was extremely exhaustive and we are very pleased to have passed this review process with flying colours. The ISO 9001: 2000 certification is the highest level of quality certification in our industry and we are thrilled that we continue to be the only producer of hydrogen based combustion enhancement products with this much sought after designation."
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
ph: 905-831-2440
thomas@dynamicfuel.com
www.dynamicfuel.com