DYA buys a Dynamometer
posted on
Feb 20, 2008 07:58AM
Dynamic Expands Its Research And Development Capabilities
Pickering, Ontario CANADA, February 20, 2008 /FSC/ - Dynamic Fuel Systems Inc. (DYA - TSX Venture), ("Dynamic" or the "Corporation") is pleased to announce that it has purchased a heavy duty, high horsepower Dynamometer to be installed at its Pickering, Ontario facility.
This state of the art equipment will help expedite the Corporation's Jetstar(TM) research and development efforts, deliver standardized testing processes and protocols for a wide variety of diesel engines and most importantly enhance our customer support efforts.
Dynamometers serve to quickly identify horsepower, torque, boost pressure, and emissions compliance, across any variety of load factors. Interfaced directly to the vehicle Engine Control Module, Dynamic will be able to retrieve the performance data instantly and capture it for later reporting.
"This is an important milestone in our ongoing corporate development", states Thomas Fairfull, President and CEO of Dynamic. "This is a capability that we need to bring in house given the nature of our product and the important role this equipment will play in future product enhancements" adds Fairfull
The Corporation will present a progress report on the implementation once dates and timelines are finalized.
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