Dynamic Announces Appointment of California Based Consultant
posted on
Dec 04, 2008 11:36AM
Fuel Efficient and Clean Emissions
Dynamic Announces Appointment of California Based Consultant
Pickering, Ontario CANADA, December 04, 2008 /FSC/ - Dynamic Fuel Systems Inc. (DYA - TSX Venture),
Mr. Jerry Solensky Jr., incoming President and CEO of Dynamic Fuel Systems Inc ("Dynamic" or the "Company") is pleased to announce that the Company has engaged the Consulting Services of Mr. David Sikkema, President and CEO of HydroFuel LLC, effective this date.
Under the terms of a non exclusive Consulting Agreement Mr. Sikkema will:
* Help the Company introduce and educate various California government departments and agencies with respect to the potential benefits of the Jetstar(tm) Hydrogen Insertion Technology, including but not limited to attendance on behalf of Dynamic at meeting of the Air Resources Board, a United States based entity that provides environmental product validation to both state and federal governmental agencies;
* Assist Dynamic with the introduction of the Jetstar(tm) to the Agricultural Industry within California; and
* Assist Dynamic with its marketing efforts within the California based trucking Industry.
The Company has initiated a process that, if successful, upon completion would see the Jetstar(tm) qualify as a certified aftermarket retrofit product that will help members of the heavy trucking and agriculture industries meet the rigorous California emissions standards. Mr. Sikkema will be directly involved in helping Dynamic navigate that process.
A resident of Harford, California, Mr. Sikkema has a diverse and successful business background spanning 20 plus years within a variety of industries in both Canada and the United States. "Dave Sikkema brings a wealth of experience and business / consultant expertise to the table. I am confident that Dave's efforts will pay dividends for Dynamic and its shareholders", stated Mr. Solensky. "This is an important piece of our certification and validation efforts. The process is now underway. We have product on site in California and we are ready to begin" added Mr. Solensky.
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