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Message: Director change

Director change

posted on Oct 24, 2008 01:03PM

Dynamic Announces Director Changes

Pickering, Ontario CANADA, October 24, 2008 /FSC/ - Dynamic Fuel Systems Inc. (DYA - TSX Venture), is pleased to announce that Mr. James Payne has been appointed as a director of the Corporation. Mr. Payne fills a vacancy on the board resulting from the resignation of Mr. David Whitnall of his position as a director. Mr. Whitnall will continue as an advisor to the Corporation as a member of the Business Advisory Committee. The board of directors wishes to express its warmest welcome to Mr. Payne and its most sincere thanks to Mr. Whitnall for many years of tireless service to Dynamic.

James Payne comes to Dynamic with a wealth of knowledge and expertise. An entrepreneur and leading businessman, Jim has experienced much success as an independent contractor/developer over the last 30 years. Jim shares his business acumen by helping companies with smaller operations launch into global markets while securing a strong growth portfolio and economic security. Many companies have relied on Jim to assist in launching a public profile, from grassroots preparation to the raising of capital with a focus on international markets. Jim remains an active businessman in the City of Toronto and conducts his affairs with genuine integrity and common sense.

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


Oct 24, 2008 02:53PM

Oct 25, 2008 11:25AM

Oct 25, 2008 02:42PM
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