TORONTO, Oct. 05, 2017 (GLOBE NEWSWIRE) -- dynaCERT Inc. (TSX VENTURE:DYA) (OTCQB:DYFSF) ("dynaCERT" or the "Company") is pleased to announce that it has successfully filed a Provisional Patent Application in the United States for the following patent: “Systems and Methods for Tracking Greenhouse Gas Emissions Associated With an Entity”.
Our system incorporates dynaCERT’s proprietary technology which has been developed after years of extensive trials and research. dynaCERT now has the state-of-the-art capability to accurately track, measure and report on greenhouse gas emissions associated with many proponents operating in a diverse set of trades such as Residential, Industrial, Commercial, Power Generation, Railway, Marine, Aviation, On/Off Road and Agricultural applications.
The data collected will be used to determine the amount of greenhouse gas credits or offsets with a view to certify carbon credits in a scientific manner and moreover, do so quickly and in opportune time.
Conservative systems used today for analyzing and reporting greenhouse gas emissions characteristically rely on simply receiving emission related information from users. Consequently, the conventional systems are typically inaccurate and inefficient and often can not stand to audit nor reliability.
This dynaCERT patent application aims to firmly establish our long-standing corporate mission in its relentless pursuit to help the world reduce its carbon footprint in a most effective manner.
The inventors, David Bridge & Ruston Hoffman, who have been integral to the senior dynaCERT strategic team, state, "After months of hard work, this is yet another unique innovation that will further build and enhance our patent portfolio within the Carbon Emission Reduction Technology arena."
Jim Payne, President & CEO of dynaCERT, commented, “Breakthrough patent applications like this one require intelligence, hard work and time to prepare and I am especially proud of how our team is collaborating together to achieve even loftier goals than any one individual could reach by oneself. This is another milestone achieved in our quest to be a global leader in tracking carbon credits and carbon emission reduction technologies.”
About dynaCERT Inc.
dynaCERT Inc. manufactures, distributes, and installs Carbon Emission Reduction Technology for use with internal combustion engines. Our patent-pending technology creates hydrogen and oxygen on-demand through electrolysis and supplies these additives through the air intake to enhance combustion, resulting in lower carbon emissions and greater fuel efficiency. Our technology is currently in use with on-road applications. Website: www.dynaCERT.com.
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Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. In particular, forward-looking information in this press release includes, but is not limited to: future issuances of shares, approval by the TSX Venture Exchange. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.
Forward-looking information is based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: uncertainty as to whether our strategies and business plans will yield the expected benefits; 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 and changes in laws and regulations; 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; and the other risk factors disclosed under our profile on SEDAR at www.sedar.com. Readers are cautioned that this list of risk factors should not be construed as exhaustive.
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On Behalf of the Board
Murray James Payne, CEO
For more information, please contact:
Jim Payne, CEO & President
dynaCERT Inc.
#101 – 501 Alliance Avenue
Toronto, Ontario M6N 2J1
(416) 766-9691 x 2
jpayne@dynaCERT.com
Investor Relations
dynaCERT Inc.
Nancy Massicotte
(416) 766-9691 x 1
ir@dynaCERT.com